Blood Culture Test Market is Expected to Attain $3.473 Billion by 2019 - Updated by MarketsandMarkets

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MarketsandMarkets

Apr 25, 2015, 11:00 ET


(PRWEB) April 25, 2015 -- BioMérieux SA (France), Becton, Dickinson and Company (U.S.), and Thermo Fisher Scientific, Inc. (U.S.) are the leading players in the global blood culture test market. These companies focus on adopting organic as well as inorganic growth strategies such as new product launches; expansions; mergers and acquisitions; and agreements, partnerships, and collaborations to expand their product offerings in the blood culture test market. Companies also significantly invest in research and development (R&D) activities to develop new products and to strengthen their market position.

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The Blood Culture Test Market is segmented on the basis of methods, products, applications, end users, and regions. On the basis of products, the market is segmented into consumables and instruments. The consumables segment is expected to account for the largest share of the Blood Culture Test Market in 2014. The large share of this segment is attributed to the rising demand for rapid diagnostic techniques which provide quick results over a short duration of time.

The overall growth strategies mapped from 2012 to 2015 include new product launches, FDA approvals, partnerships, and mergers and acquisitions. Some of the leading players that adopted these strategies are bioMérieux SA (France), Becton, Dickinson and Company (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Roche Diagnostics (Switzerland), Abbott Laboratories, Inc. (U.S.), Bruker Corporation (U.S.), Siemens AG (Germany), Cepheid (U.S.), and Nanosphere, Inc. (U.S.).

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