Key vendors to strengthen its research institutes to develop efficient automated blood culture instruments
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the blood stream infection testing in their latest research report. This report also lists 10 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated from the following:
By product:
- Consumables
- Instruments
By technology:
- Conventional blood stream infection test
- Point of care testing (POCT)
- Nucleic acid testing
This Technavio report, under In-vitro diagnostics vertical, is based on the synthesis, analysis, and interpretation of information about the global blood stream infection testing market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The global blood stream infection testing market is categorized by the presence of numerous global and local vendors. At present, vendors are trying to expand their businesses in APAC, the unexplored market which is expected to grow rapidly compared to other regions during the forecast period.
“Technological advancements and an increasing product launches and approvals have resulted in intense competition among vendors in the market. To increase the adoption of the automated blood culture test method, many companies focus on developing and strengthening its research institutes to develop efficient automated blood culture instruments,” says Srinivas Sashidhar, a lead analyst at Technavio for research on In-vitro diagnostics.
Many vendors have greater financial, brand recognition, production and marketing capabilities, and technical resource and development, while few vendors may develop cost-effective and less complex tests. To enter the market, vendor must compete against current and future competitors, or else they may not be able to increase market acceptance for the sales of blood stream infection testing products. The companies such as Thermo Fisher and Roche Diagnostics have advance technology that helps to develop efficient automated blood culture instruments that may impact the market during the forecast period.
Top five vendors in the blood stream infection testing market space
BD
Becton, Dickinson is a medical technology company that produces and sells a wide range of medical supplies, laboratory equipment, devices, and diagnostic products. The company mainly serves healthcare institutions, the pharmaceutical industry, life science researchers, clinical laboratories, and public. The company also collaborates with various universities, medical centers, and other entities on R&D programs.
Some key products: BD BACTEC FX, BD BACTEC/F Blood Culture Media, BD BBL Data Switch Printer, etc.
bioMérieux
bioMérieux is a medical device company that develops, designs, markets, and manufactures vitro diagnostic systems for industrial and clinical applications. The company provides diagnostic solutions to improve patient’s health and ensure consumer safety. bioMérieux operates as a subsidiary of Institut Merieux.
Some key products: BacT/ALERT 3D, VIRTUO system, OBSERVA, etc.
Cepheid
Cepheid is a molecular diagnostics company that manufactures, develops, and sells fully-integrated systems in the Clinical and non-clinical markets for testing. The company emphasizes on the therapeutic areas of infectious diseases and cancer. Its systems allow molecular testing for organisms and genetic-based diseases by automating otherwise complex manual laboratory procedures.
Some key products: Xpert MRSA/SA BC, GeneXpert System, Xpert Calibration, etc.
Roche Diagnostics
Roche Diagnostics, a subsidiary of F. Hoffmann-La Roche, offers in-vitro diagnostic products and services. Its products are used to test body tissues and fluids to obtain information for the diagnosis, prevention, and treatment of diseases.
Some key products: Reflotron Sprint system, cobas TaqScreen MPX v2.0 test, Elecsys HTLV-I/II immunoassay, etc.
Thermo Fisher Scientific
Thermo Fisher provides reagents, analytical instruments, and consumables, software, equipment, and services for analysis, research, discovery, manufacturing, and diagnostics throughout the world.
Some key products: VersaTREK, Sensititre System, VersaTREK Windows Software, etc.
Other prominent vendors in this market include IRIDICA, Alere, Beckman Coulter, Bruker, Nanosphere, Siemens, Dade Behring, AdvanDX, Eurogentec, and AB Sciex.
A more detailed analysis is available in the Technavio report, ‘Global Blood Stream Infection Testing Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
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