According to this report, the global sepsis diagnostics market is envisioned to surge at a CAGR of 8.18% through the projected period 2021-2028.
The rise in hospital-acquired infections among patients, paired with the increase in the prevalence of sepsis, are key factors supplementing the growth of the sepsis diagnostics market over the forecast period.
Additionally, the growing government initiatives for research activities related to sepsis are generating new opportunities for the studied market. However, the high cost of the instrument and reimbursement issues are likely to limit the global market’s growth.
The Asia-Pacific is anticipated to observe the fastest growth rate in the sepsis diagnostics market over the considered period. The region’s lucrative growth can be attributed to the rapid economic development and advancement in the medical system in emerging economies like China and India. Further, the demand for sepsis diagnostics is expected to surge due to the high mortality rate associated with sepsis disease. Along with this, the rising awareness about sepsis diagnosis and treatment in the region’s nations is expected to counter the adverse effects of the disease. Hence, such factors are driving the growth of the sepsis diagnostics market across the APAC region.
Abbott Laboratories is a global pharmaceutical company engaged in developing, manufacturing, and marketing a wide range of healthcare products. Its product portfolio includes diagnostic systems, neuromodulation devices, medical devices, adult nutritional products, and generic pharmaceuticals. Moreover, the company markets its products under several brand names, such as Oxepa, Alinity, HeartMate, and FreeStyle, among others. Founded in 1944, it has operations across 150 countries, with headquarters located in the United States.
The rise in hospital-acquired infections among patients, paired with the increase in the prevalence of sepsis, are key factors supplementing the growth of the sepsis diagnostics market over the forecast period.
Additionally, the growing government initiatives for research activities related to sepsis are generating new opportunities for the studied market. However, the high cost of the instrument and reimbursement issues are likely to limit the global market’s growth.
REGIONAL OUTLOOK
The global sepsis diagnostics market comprises the Asia-Pacific, North America, Latin America, Europe, and the Middle East and Africa regions.The Asia-Pacific is anticipated to observe the fastest growth rate in the sepsis diagnostics market over the considered period. The region’s lucrative growth can be attributed to the rapid economic development and advancement in the medical system in emerging economies like China and India. Further, the demand for sepsis diagnostics is expected to surge due to the high mortality rate associated with sepsis disease. Along with this, the rising awareness about sepsis diagnosis and treatment in the region’s nations is expected to counter the adverse effects of the disease. Hence, such factors are driving the growth of the sepsis diagnostics market across the APAC region.
COMPETITIVE OUTLOOK
The enterprises that have established operation in the sepsis diagnostics market are Thermo Fisher Scientific Inc, Bruker Corporation, F Hoffmann-La Roche, Danaher Corporation, Becton Dickinson and Company (CR Bard), Biomerieux SA, EKF Diagnostics, Immunexpress Inc, Response Biomedical Corporation, T2 Biosystems Inc, Luminex Corporation, Abbott Laboratories, and Cytosorbents.Abbott Laboratories is a global pharmaceutical company engaged in developing, manufacturing, and marketing a wide range of healthcare products. Its product portfolio includes diagnostic systems, neuromodulation devices, medical devices, adult nutritional products, and generic pharmaceuticals. Moreover, the company markets its products under several brand names, such as Oxepa, Alinity, HeartMate, and FreeStyle, among others. Founded in 1944, it has operations across 150 countries, with headquarters located in the United States.
Frequently Asked Questions about the Global Sepsis Diagnostics Market
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Report Attribute | Details |
---|---|
No. of Pages | 240 |
Published | April 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 519.4 million |
Forecasted Market Value ( USD | $ 900.7 million |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
Table of Contents
1. Global Sepsis Diagnostics Market - Summary
2. Industry Outlook
3. Global Sepsis Diagnostics Market - by Technology
4. Global Sepsis Diagnostics Market - by Diagnostic Method
5. Global Sepsis Diagnostics Market - by Product
6. Global Sepsis Diagnostics Market - by Pathogen
7. Global Sepsis Diagnostics Market - by Testing Type
8. Global Sepsis Diagnostics Market - Regional Outlook
9. Competitive Landscape
10. Research Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Abbott Laboratories
- Becton Dickinson and Company (Cr Bard)
- Biomerieux Sa
- Bruker Corporation
- Cytosorbents
- Danaher Corporation
- EKF Diagnostics
- F Hoffmann-La Roche
- Immunexpress Inc
- Luminex Corporation
- Response Biomedical Corporation
- T2 Biosystems Inc
- Thermo Fisher Scientific Inc
Methodology
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