Sepsis Diagnostics Market Was Dominated by North America

The size of the sepsis diagnostics market was USD 548.2 million in 2022, which will reach USD 1,109 million by 2030, powering at a rate of 9.2% in the years to come, as per a report by P&S Intelligence.

The microbiology category had the largest revenue share, about 50%, in the past. Through the usage of culture media testing, including bacteriology tests, mycobacteriology tests, and serology tests, microbiology permits for the quantitative identification of microbes responsible for producing sepsis.

The factors powering the growth of the category are the increasing investments in clinical labs, booming consciousness amongst scientists and researchers concerning microbiological testing, and increase in the cases of communicable diseases.

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The blood culture media category had the largest share of revenue, over 40%, in the recent past. This has a lot to do with the extensive use of the blood culture method in sepsis analysis because of its cost-effectiveness and convenience.

The bacterial sepsis category dominated the industry with nearly 80% share, and it will have the highest rate of over 8%, in the years to come. This is because of the surge in bacterial sepsis occurrence, spur in the incidence of HAIs, and increase in the count of surgical procedures.

Automated diagnostics was accountable for the largest share in the past, because of its better traceability, high competence, and elimination of repetitive analytic practices.

Furthermore, the surge in the requirement for the appropriate treatment of the condition and the application of numerous strategies by prominent players, including widening of their product portfolio, acquisitions and mergers, and partnerships are powering the growth of the category.

North America had the largest share of the sepsis diagnostics market with about 40%. This is chiefly credited to the high mortality rates associated with sepsis in the region.

Recently, an organization of the American government stated that on an average yearly, 2 million Americans have sepsis and 1 in 3 people expire in hospitals following the treatment.

Furthermore, the presence of a developed healthcare system is offering lucrative prospects for the growth of the market. Furthermore, the high incidence of product inventions, together with the addition in R&D investments, is stimulating the growth of the region.

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However, APAC will grow the fastest with, over 10%, in the years to come, because of the evolution in the number of product approvals and surge in R&D funding for cutting-edge diagnostic solutions. In APAC, Japan and China together comprise approximately 50% revenue, driven by their rapid financial development.

It is because of the fast growing cases of HAIs and sepsis, the demand for sepsis diagnosis will power at a considerable rate.

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This release was published on openPR.