According to Latest Report on Indian Sepsis Diagnostics Market 2023 to Grow with an Impressive CAGR

Report Overview

Indian Sepsis Diagnostics Market size stood at USD XX Billion in 2019 and is projected to reach USD XX Billion by 2028, exhibiting a CAGR of XX% during the forecast period

With a population of 1.22 billion, today India is grappling with various health issues. One of them is management of illnesses like Sepsis, which is taking a toll not only in rural India but is also prominent in urban India. Sepsis is a life-threatening medical condition triggered due to the bodys response to an infection. It is often caused by microorganisms invading the body, either limited to a specific body part or can be widespread in the bloodstream. There are typically four progressive stages of Sepsis namely SIRS (Systematic Inflammatory Response Syndrome), SEPSIS, Septic Shock and MODS (Multiple Organ Dysfunction Syndrome).India currently tackles 750,000 cases of Sepsis every year of which overall mortality rate in ICU patients is 12.08% and in the severe stageSepsis patients it is 59.26%. Factors such as rising number of affected population, strong presence of pipeline drugs, and technological advancement in sepsis assessment would drive the growth of sepsis and septic shock treatment market over the forecast period.

Market Drivers

The major factors for the growth of the sepsis diagnostics market include the increasing burden of sepsis, the growing burden of hospital-acquired infections, the increasing number of pneumonia cases, the rise in the number of sepsis procedures, and an increase in funding for sepsis-related research activities. Hospital-acquired infections (HAIs) are the most common complications among hospitalized patients. The demand for sepsis diagnostic products is expected to grow mainly due to factors such as the increasing public-private funding for target research activities, the growing burden of infectious diseases, the rising number of sepsis incidences, and growing government initiatives for creating sepsis awareness.

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Major Players

COVID-19 has increased the overall risk of sepsis in India. The number of sepsis cases is rising every year in the country due to factors, such as the rise in the geriatric population, infections that are incurable by antibiotics, and higher risks of the disease among people who have undergone an organ transplant. Some of the market players are Abbott, bioMérieux SA, Bruker Corporation, F. Hoffmann-LA Roche Ltd, Immunexpress Inc., Luminex Corporation, GenMark Diagnostics, Response Biomedical Corp., T2 Biosystems, Inc., and Thermo Fisher Scientific.  In April 2019, GenMark Diagnostics has received the FDA clearance for its new panel assay, developed to detect gram-negative bacteria causing sepsis. The well-established healthcare infrastructure with high adoption of advanced diagnostic technologies and a rising awareness for early disease diagnosis are expected to drive the market's growth.

The report delivers the challenges in front of the Indian Sepsis Diagnostics Market 2023 that allows a better understanding of the market providing a helpful comprehensive evaluation and clear-cut dynamics associated with this market. The analyst has studied the current market scenario while concentrating on the new business objectives with the lucrative opportunities that are available. This report includes changes in customer requirements, customer preferences, and the vendor landscape in the industry with key factors that are expected to influence the overall dynamics of the Indian Sepsis Diagnosticss Market including the current trends, growth opportunities, restraints, and market drivers.

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Market Segmentation

By Technology:

The sepsis diagnostics market, by technology, the market is segmented into blood culture, immunoassays, molecular diagnostics, flow cytometry, microfluidics, and biomarkers. In 2019, the blood culture segment accounted for the largest share of the market. This share can be attributed to the low cost of microbiology techniques and the extensive use of blood culture methods for the diagnosis of sepsis.

By End-User:

Based on end-user, the market is segmented into hospitals, pathology & reference laboratories, and research laboratories & academic institutes. In 2019, hospitals accounted for the largest share of the sepsis diagnostics industry. The large share of this segment can be attributed to the high prevalence of sepsis coupled with a large number of fatalities caused by the illness, and in-house hospital laboratories perform a large number of blood culture tests to identify BSIs (caused by bacteria, fungi/yeast, or viruses).

Major Players

COVID-19 has increased the overall risk of sepsis in India. The number of sepsis cases is rising every year in the country due to factors, such as the rise in the geriatric population, infections that are incurable by antibiotics, and higher risks of the disease among people who have undergone an organ transplant. Some of the market players are Abbott, bioMérieux SA, Bruker Corporation, F. Hoffmann-LA Roche Ltd, Immunexpress Inc., Luminex Corporation, GenMark Diagnostics, Response Biomedical Corp., T2 Biosystems, Inc., and Thermo Fisher Scientific.  In April 2019, GenMark Diagnostics has received the FDA clearance for its new panel assay, developed to detect gram-negative bacteria causing sepsis. The well-established healthcare infrastructure with high adoption of advanced diagnostic technologies and a rising awareness for early disease diagnosis are expected to drive the market's growth.

The Indian Sepsis Diagnostics Market report is an easy-to-understand document giving section-wise details about the global market. Starting with the brief outline of the overall market, it will put forth the all-inclusive evaluated market statistics and different parameters for the forecast period. The report covers numerous aspects of the Indian Sepsis Diagnostics market divided into product kind, application, and end-use, offering the report to assist the customers in improving their ability to make precise decisions related to the business under the Indian Sepsis Diagnostics Market.

International Market Players will use the correct market facts and figures and applied math studies provided within the report back to perceive this and future growth of the worldwide Electrophoretic Indian Sepsis Diagnostics market. Each section of the research study is specially prepared to explore key aspects of the global Indian Sepsis Diagnostics Market. Buyers of the report will have access to accurate PESTLE, SWOT, and other types of analysis on the global Indian Sepsis Diagnostics market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.

This post-pandemic business planning research will aid clients to:
• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

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Strategic Points Covered in Table of Content of Global Indian Sepsis Diagnostics Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indian Sepsis Diagnostics market
Chapter 2: Exclusive Summary - the basic information of the Indian Sepsis Diagnostics Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indian Sepsis Diagnostics
Chapter 4: Presenting the Indian Sepsis Diagnostics Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Indian Sepsis Diagnostics market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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