openPR Logo
Press release

Global Sepsis Diagnostics Market Size, Share & Growth Projected to Grow at a CAGR of 10.5% in the Forecast Period | BlueWeave

08-27-2021 10:49 AM CET | Health & Medicine

Press release from: BlueWeave Consulting & Research Pvt Ltd.

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global sepsis diagnostics market was worth USD 540.1 million in the year 2020. According to the data gathered by the study, the market is estimated to grow at a CAGR of 10.5%, earning revenue of around USD 1.1 billion by the end of 2027. The primary factors driving the growth of the global sepsis diagnostics market are the increasing prevalence of sepsis and infectious diseases globally, along with the rising awareness surrounding sepsis, as all as advancements in diagnostic and treatments methods. However, one factor that impedes the market growth is the high cost of the tools or technology used in the diagnosis of sepsis.

Browse report URL for more information about global sepsis diagnostics market @ https://www.blueweaveconsulting.com/report/global-sepsis-diagnostics-market-report

Increasing Incidences of Sepsis Cases Favoring Market Growth

The prevalence of sepsis is increasing at an alarming rate across the globe. Although it is a non-communicable disease, the triggers are only found within one's body, making it more lethal. Sepsis occurs when the immune system of the body tries to fight an infection but triggers chemical releases which affect the other parts or organs in the human body. Therefore, it calls for urgent medical attention. Also, it has been witnessed that with the rising number of Covid-19 cases, the incidences of sepsis have also surged. As a result, the demand for the sepsis diagnostic is growing by leaps and bounds, thereby proliferating the market growth.

Development of Sepsis Diagnostic and Treatment Procedures

The diagnosis and treatment processes for sepsis have also evolved as the medical sector has advanced. Researchers are continually working on creating innovative methods and technologies that can accurately identify sepsis in a short period of time and differentiate it from other infections so that the patient can receive proper treatment. Furthermore, as hospital capital investments increase due to favorable government initiatives and private funding, healthcare facilities are progressively adopting advanced technologies to facilitate the treatment of this life-threatening disease, which in turn is driving the sepsis diagnostic market worldwide.

Browse TOC with Facts and Figures @ https://www.blueweaveconsulting.com/report/global-sepsis-diagnostics-market-report/toc

Blood Culture Media Estimated to Witness a Healthy CAGR in the Forecast Period

The global sepsis diagnostics market is divided into four categories based on products-- instruments, assays, and reagents, blood culture media, other products. Among these, the blood culture media segment dominates the global sepsis diagnosis market with the highest demand. This is because blood culture media is considered the most accurate testing method for sepsis diagnosis. Therefore, hospitals and clinics often opt for this specific method, which contributes to this segment’s growth. Not only it offers high accuracy, but it is also a cost-effective way of screening, due to which it enjoys a higher preference.

Global Sepsis Diagnostics Market - Regional Insights

Geographically, the global sepsis diagnostics market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among these regions, North America held the largest market share in the year 2020 and is estimated to maintain its dominance in the forecast period as well. However, other regions like Europe and Asia-Pacific are also registering significant growth rates. Their growth of these regions can be attributed to factors such as increasing healthcare expenditure by the government as well as the general public, along with the rising adoption of advanced diagnostic products.

Request For Free Sample Report @ https://www.blueweaveconsulting.com/report/global-sepsis-diagnostics-market-report/report-sample

Impact of Covid-19 on the Global Sepsis Diagnostics Market

The Covid-19 outbreak has created numerous prospects for the global sepsis diagnostics market to grow. As the body tries to fight the virus on its own, the risk of sepsis in Covid-19 patients is extremely high. As a result, the chances of chemicals flowing through the bloodstream increase, due to which the need for sepsis diagnostics becomes crucial. Furthermore, while hospital visits decreased significantly during the lockdown, the risk of catching hospital-acquired diseases emerged as a major issue for patients who had no choice but to visit the healthcare facilities. Despite the pandemic, these factors have been fueling the growth of the global sepsis diagnostics market across the globe.

Global Sepsis Diagnostics Market is Dominated by Giants

The major players in the global sepsis diagnostics market are Immunexpress Inc., Response Biomedical Corp., Axis-Shield Diagnostics Ltd., Beckman Coulter, Inc, Nanosphere, Inc., Sysmex Corporation, T2 Biosystems, Inc., F. Hoffmann-LA Roche Ltd, BioMerieux SA, Bruker Corporation, EKF Diagnostics, Thermo Fisher Scientific, T2 Biosystems, Inc., Cytosorbents, Genmark Diagnostics, and other prominent players. The presence of giant industry players makes the market highly dense and concentrated. The adoption of both organic and inorganic competitive strategies by companies to exploit market opportunities is very common in this market.

Don’t miss the business opportunity of the global sepsis diagnostics market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global sepsis diagnostics market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global sepsis diagnostics market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Please find below some related reports:

https://www.blueweaveconsulting.com/report/global-small-animal-imaging-reagents-market-bwc20224

https://www.blueweaveconsulting.com/report/global-intrauterine-devices-iuds-market-bwc20223

Contact Us:

BlueWeave Consulting & Research Pvt. Ltd
US: +1 866 658 6826 | +1 425 320 4776
UK: +44 1865 60 0662
Email – info@blueweaveconsulting.com
Linked In Page: https://www.linkedin.com/company/blueweaveconsulting/

112 - H160 - BSI Business Park Sector - 63, Noida U.P. - India

About Us

BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solutions. BWC has built its reputation from the scratches by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Sepsis Diagnostics Market Size, Share & Growth Projected to Grow at a CAGR of 10.5% in the Forecast Period | BlueWeave here

News-ID: 2370609 • Views: 156

More Releases from BlueWeave Consulting & Research Pvt Ltd.

United States Enhanced Water Market Size, Share Growth is Projected to Growing a …
The United States enhanced water market is growing at high rate because of the rising health awareness and the need for additional nutritional supplements in the body due to a busy lifestyle.... A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the US enhanced water market was worth USD 2,131.0 million in the year 2020. The data yielded by the study reveals that the
Global Electronic Bill Presentment and Payment (EBPP) Market Size & Share is Gro …
Electronic bill presentment and payment (EBPP) market is being driven by factors such as globalization, businesses expanding overseas, and consumers increasingly using plastic money. Market growth is also driven by the use of high-speed internet access on smart phones... A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global electronic bill presentment and payment (EBPP) market was worth 18.5 number of bills in
Global Fatty Alcohol Market Size & Share is Predicted to Garner USD 8.4 Billion …
The global fatty alcohol market is growing at a high CAGR because of the increasing demand for bio-based renewable products to promote sustainability and control dependence on non-renewable products such as petrochemicals... A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global fatty alcohol market was worth USD 5.5 billion in the year 2020. The market is estimated to grow at a CAGR
Global Medical Goggle Market Size, Share & Growth is Projected to Grow at a CAGR …
The global medical goggle market is growing at a high CAGR because of the increasing demand for surgical procedures and prevalence of infectious diseases and stringent regulations regarding the safety of healthcare workers... A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global medical goggle market was worth USD 443.4 million in the year 2020. The data generated by the study reveals that

All 5 Releases


More Releases for Diagnostic

Lyme Disease Diagnostic Testing Market
The report presents a detailed analysis of the Lyme disease diagnostics market in the US, Europe (France, Germany, Italy, Spain, UK) and Japan. Current scientific views on the Lyme disease definition, epidemiology and etiology are reviewed. The report provides the 5-year test volume and sales forecasts by country for the following market segments: - Hospitals - Commercial/Private Labs
Infectious Disease Diagnostic Market
Infectious disease diagnostics involves identifying the presence of foreign antigen/organism using diagnostic tools such as kits. Most of the standard diagnostic test kits currently available are for bacterial infections and sexually transmitted diseases. However, in future these diagnostic tests are expected to be replaced by molecular techniques. The global infectious disease diagnostic market is expected to witness significant growth during the forecast period due to increasing prevalence of infectious diseases, increased
Cervical Dysplasia Diagnostic Market - by Diagnostic, and End Users
Cervical infection is major risk factor for progression of HPV. Currently, conventional Pap smear test or HPV test are the only test available for screening cervical infection, which in turn propels the demand for development of DNA-based molecular testing to detect human papillomavirus for diagnosis of cervical cancer. For instance, in 2016, Becton, Dickinson and Company received pre-diagnostic market approval from FDA for its Onclarity HPV assay, type of HPV
Global Dermatology Diagnostic Devices Market
https://www.qandqmarketresearch.com/report-sample/dermatology-diagnostic-devices-market-6 This report studies the global Dermatology Diagnostic Devices market status and forecast, categorizes the global Dermatology Diagnostic Devices market size value & volume by key players, type, application, and region. This report focuses on the top players in North America, Europe, AsiaPacific, South America, and Middle East & Africa. Dermatology diagnostic devices are used for treating and diagnosing skin disorders. These devices assist in early detection of skin disorders and improving
Cervical Cancer Diagnostic Tests Market
A new market research report has been recently published by Transparency Market Research, a global market intelligence firm, and made available on the company website. The research study talks about the current scenario of global cervical cancer diagnosis tests market, along with the growth prospects of the market. The research study, titled “Cervical Cancer Diagnostic Tests Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,”
Diagnostic Catheters Market 2017-2021
The latest industry research report on  Diagnostic Catheters by MRC provides a thorough analysis of the global  Diagnostic Catheters market. The report scrutinizes the market by different segments including regions, applications, competitive landscape, etc. over the predicted time frame. This report provides 360 Degree perspective of the  Diagnostic Catheters industry with an all-inclusive discussion of definitions, classifications, and market players in the industry chain structure. It features qualitative and quantitative