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Sepsis Diagnostic Market Growth Analysis With Latest Trends Forecast To 2028
Precision Business Insights published a research report on "Sepsis Diagnostic Market : By Technology (Microbiology, Molecular Diagnostics, Immunoassays, Flow Cytometry), By Pathogen Type (Bacterial Sepsis [Gram-Positive Bacteria and Gram-Negative Bacteria], Fungal Sepsis, and Others), By Method (Conventional Diagnostics and Automated Diagnostics), By Test Type (Laboratory Tests and Point-Of-Care Tests), By End User (Hospitals, Pathology & Reference Laboratories) - Global/Region/Country Forecast to 2028"Sepsis is a medical disorder that develops as a result of the body's response to infections caused by bacteria, viruses, or fungus. The immune system produces various substances into the bloodstream in this situation, causing hyperinflammation and the production of blood clots. Multiple organ failures, erratic breaths, low blood pressure, nerve transmission, and a higher heart rate are all possible complications of sepsis. Molecular diagnosis, immunoassays, microfluidics, biomarkers, flow cytometry, and other technologies are used to diagnose sepsis. Hospitals, pathology as well as reference laboratories, university research organisations, and other institutions are all using these diagnostic tools. The COVID-19 outbreak and subsequent lockdown in several countries around the world has had a severe impact on enterprises in all sectors. The biotechnology industry is one of the areas where the pandemic has had a significant influence. However, due to the expanding number of COVID-19 patients reported, the necessity for sepsis diagnostics is rising in this COVID-19 pandemic. In the United States, for example, more than 30% of COVID-19 patients showed sepsis-related liver disease, and 75% of patients were found to have a weakened immune system, according to a study released by the Global Sepsis Alliance in April 2020.
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The increased frequency of different antibiotic-resistant bacterial strains, ageing population, increasing health-care awareness, and rising health-care spending are all major factors driving the worldwide sepsis diagnostics market. Furthermore, in the near future, the global sepsis diagnostics market is likely to benefit from an increase in the number of surgical procedures and product approvals for sepsis diagnosis. The high prevalence of hospital-acquired illness is a crucial element driving the global sepsis diagnostics market forward. However, the high price of diagnosis and the absence of suitable testing for sepsis will limit the market's development rate. In addition, the market would face additional challenges in the projected period due to a lack of knowledge about sepsis.
In terms of techniques, the global sepsis diagnostics market is categorized into molecular diagnostic, microbiology, immunoassay, and flow cytometry. In terms of test type, the global sepsis diagnostics market is fragmented into point of care testing and laboratory testing.
In 2020, North America had the greatest market share of 45.8%, and this is expected to continue during the projection period. This is due to the region's well-established healthcare system, which has resulted in a rise in the use of modern diagnostic solutions. Furthermore, the presence of large competitors on the ground and a favourable reimbursement system in this regions are encouraging market expansion.
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There are several industry players working in the Sepsis Diagnostic Market, which include Roche Diagnostics (Switzerland) Becton, Dickinson and Company (U.S.) Abbott (US) bioMérieux (France) Danaher (US) Luminex (US) Immunexpress (US) Cepheid Inc (United States) Bruker (U.S) Quidel Corporation (U.S.)
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We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
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