Advanced Sepsis Diagnostics Market is Projected to Expand at a CAGR of 8% During Forecast Period 2021 to 2031

Fact.MR’s revised sepsis diagnostics market study forecasts a healthy growth trajectory for FY 2021-22 and beyond, with the market expected to increase at a CAGR worth around 8% through 2031. Growth prospects were further underpinned amidst the coronavirus pandemic, attributed to the onset of pneumonia-induced sepsis and consequent fatalities.

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According to the report, the market is expected to yield high short-term gains, generating over US$ 700 million in revenue by 2026. These are largely attributed to ongoing research & development initiatives amid a general upswing in ICU and hospital admission-induced sepsis amongst patients. Manufacturers are incorporating the latest automated technologies to ensure precision and timely diagnostics.

Epidemiologically, an estimated 22 cases of childhood sepsis per 100,000 person-years and 2,202 cases of neonatal sepsis per 100,000 live births occur.

This translates into 1.2 million cases of childhood sepsis annually. Most recent estimates attributed an adult prevalence rate of 19.4 million sepsis incidences, with over 5 million deaths. Hence, investments are underway to introduce highly sophisticated sepsis diagnostic approaches, which are expected to incline demand over the coming years.

Key Takeaways from Market Study

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By product, kits & reagents to remain the most deployed sepsis diagnostic solutions
Automated sepsis diagnosis to acquire greater momentum, backed by key solutions launches by prominent manufacturers

By pathogen, gram positive bacterial sepsis diagnosis to acquire major momentum
By technology, microbiology testing is likely to tower over other approaches, with molecular diagnostics acquiring high momentum
Increasing regulatory approvals of key equipment by the Food & Drug Administration heightening U.S. sales prospects

The U.K. to experience high penetration amid rising government initiatives to rein in sepsis fatalities
Technological breakthroughs to widen growth prospects for the market in Germany
Dearth of institutional level preparedness to cope with sepsis patient deluge spurring adoption of advanced equipment across India

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The Advanced Sepsis Diagnostics market report provides the readers with the below-mentioned insights:
• Key trends, including ecological conservation, patented solutions, and globalization.
• Consumption pattern of each segment of the market in every region.
• Detailed study of the factors (positive and negative) impacting the growth of the global Endobronchial Valves market.
• Critical analysis of R&D activities performed by market players to expand their production footprint across various industries.
• Thorough research of effect of the market across various end use industries.

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The Advanced Sepsis Diagnostics market report gets rid of the following queries:
1. Which end use has the highest rate of consumption and why?
2. Which regions are the market players targeting to gain a competitive edge?
3. What is the growth forecast of the global market in region?
4. What is the Y-o-Y growth rate of the global market?
5. Which segment will have the maximum share of the global market by the end of year?
And so on…..

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Research Insight: https://www.factmr.com/report/391/sepsis-diagnostics-market
Content Source: https://www.factmr.com/media-release/1907/sepsis-diagnostics-market-trends

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