Sepsis Diagnostics Market
The sepsis diagnostics market is expected to gain a market value of USD 1,582.23 million by 2030 at a CAGR of 9.80% over the forecast period of 2022-2030.
The market’s historical growth trajectory, present conditions, and future growth prospects are studied in the report. The report provides a comprehensive overview of the market’s historical growth trajectory by detailing the historical stats regarding the market. Future projections are based on the detailed historical stats offered in the report. Based on this platform, future projections for the sepsis diagnostics market’s growth trajectory over the forecast period are provided in the report. The report also profiles the leading players in the global sepsis diagnostics market and gives readers a comprehensive analysis of the leading players in the global sepsis diagnostics market. The report also profiles the major drivers and restraints affecting the global sepsis diagnostics market. The factors making the market tick and those holding the market back are studied in detail in the report. The impact of the COVID-19 pandemic on the sepsis diagnostics market is also assessed in the report.
Sepsis diagnostics can be used to diagnose severe sepsis as well as septic shock, which differ slightly in symptoms. Severe sepsis can cause an organ to fail, whereas septic shock is manifested through various symptoms, including low blood pressure. The rising prevalence of sepsis is the primary driver for the global sepsis diagnostics market. Sepsis is a life-threatening complication of the body’s own immune system hurting the body’s own organs or tissues. It can be caused by a weakened immune system, chronic disease, cancer, or kidney or liver diseases.
Major Key Players:
The Sepsis Diagnostics Market Players are EKF Diagnostics (UK), T2 Biosystems, Inc. (US), bioMérieux, Inc. (US), Becton, Dickinson and Company (US), Sandstone Diagnostics, Inc. (US), Immunexpress (US), Axis-Shield Diagnostics Ltd. (Scotland), Cube Dx GmbH (Austria), and others.
Segment Analysis
The global sepsis diagnostics market is segmented on the basis of technology, product, end use, and region.
By technology, the global sepsis diagnostics market is segmented into molecular diagnostics, biomarkers, immunoassays, and others. The molecular diagnostics segment holds the largest share in the global sepsis diagnostics market and is likely to remain the leading revenue generator over the forecast period. Molecular diagnostics are highly effective diagnosing sepsis. However, the slowness of molecular diagnostics processes is likely to count against them in the final reckoning over the coming years. Alternative technologies are likely to be developed in the coming years in order to counter the slow nature of molecular diagnostics. The biomarkers segment also accounts for a significant share in the global sepsis diagnostics market.
On the basis of product type, the global sepsis diagnostics market is segmented into kits, instruments, blood culture media, and others. The kits segment holds a major share in the global sepsis diagnostics market.
On the basis of end user, the global sepsis diagnostics market is segmented into pathology laboratories, specialty clinics, hospitals, diagnostic centers, and others.
Regional Analysis
The region-based study of the sepsis diagnostic market includes regions such as Americas, Europe, Asia Pacific, Middle East, and Africa. The North American region is the major market for medical tourism which is expected to motivate the development of the sepsis market in the forecast period. The North American market for sepsis diagnostics is anticipated to achieve USD 320 million by the end of the forecasted period. The European region is the next prime market for sepsis diagnostics which is anticipated to develop at the CAGR of 6.8%. While the Asia Pacific region is anticipated to be the most rapidly growing region in sepsis diagnostics market.
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