Press release
Sepsis Diagnostics Market By 2030 | Analysis by Key Players Focusing on Growth Strategies - Thermo Fisher Scientific Inc., Becton, Dickinson and Company, Nanosphere Inc., Bruker Corporation
Sepsis Diagnostics Market
Allied Market Research has published a study report with the title Sepsis Diagnostics Market Size was Valued at USD 569.49 million in 2020, and is Projected to Garner USD 1.2 billion by 2030 registering a CAGR of 7.8% from 2021 to 2030.
Drivers, restraints, and opportunities-
Rise in government funding for sepsis-related research activities and increase in the prevalence of infectious diseases drive the growth of the global sepsis diagnostic market. On the other hand, high costs associated with automated diagnostics devices impede the growth to some extent. However, developments in rapid diagnosis/point-of-care) techniques for early sepsis diagnostics are expected to create lucrative opportunities in the industry.
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Covid-19 scenario-
The global spread of COVID-19 and the emergence of sepsis cases among the patients boosted the demand for rapid diagnosis, resulting in faster adoption of devices, reagents, and test kits for sepsis detection. This factor impacted the global track and trace solutions market positively.
This trend is quite likely to continue till the pandemic is completely over, since Covid-19 infected patients are more prone to be afflicted by sepsis.
Top Companies of Sepsis Diagnostics: -
Thermo Fisher Scientific Inc.
Becton, Dickinson and Company
Nanosphere Inc.
Bruker Corporation
Abbott Laboratories, Inc.
Beckman Coulter, Inc.
Danaher Corporation
BioMerieux
T2 Biosystems, Inc.
Hoffmann-LA Roche Ltd.
Sepsis Diagnostics Market Segmentation: -
By method, the conventional diagnostics segment held the major share in 2020, garnering nearly three-fourths of the global sepsis diagnostic market, due to the cost-effectiveness of conventional diagnostics methods as compared to automated diagnostic practices. The automated diagnostics segment, on the other hand, is projected to cite the fastest CAGR of 8.3% throughout the forecast period.
By product, the blood culture media segment contributed to the lion's share in 2020, holding nearly two-fifths of the global sepsis diagnostic market. Increase in the number of sepsis case, rise in geriatric population, high incidence of bloodstream infection, and growth in the demand for rapid diagnostic techniques fuel the segment growth. However, the instruments segment is projected to manifest the fastest CAGR of 8.7% from 2021 to 2030.
By region, North America dominated in 2020, garnering nearly half of the global sepsis diagnostic market, due to the presence of highly advanced healthcare system, high adoption of innovative sepsis diagnostics technology, and technological development in the field of sepsis diagnostic. The market across Asia-Pacific, simultaneously, is expected to cite the fastest CAGR of 8.9% throughout the forecast period. Growing demand for sepsis diagnostics solutions in countries such as China and India fuels market growth.
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
Which are the driving factors responsible for the growth of market?
Which are the roadblock factors of this market?
What are the new opportunities, by which market will grow in coming years?
What are the trends of this market?
Which are main factors responsible for new product launch?
How big is the global & regional market in terms of revenue, sales and production?
How far will the market grow in forecast period in terms of revenue, sales and production?
Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
How will each segment grow over the forecast period and how much revenue will these segments account for in 2028?
Which region has more opportunities?
By Region Outlook
North America
⦁ U.S.
⦁ Canada
⦁ Mexico
Europe
⦁ UK
⦁ Germany
⦁ France
⦁ Italy
⦁ Russia
⦁ Rest of Europe
Asia-Pacific
⦁ China
⦁ Japan
⦁ India
⦁ Australia
⦁ Rest of Asia-Pacific
LAMEA
⦁ Brazil
⦁ UAE
⦁ Turkey
⦁ Saudi Arabia
⦁ Rest of LAMEA
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