Sepsis Diagnostics Market Overview
According to Market Research Future (MRFR), the global sepsis diagnostics market is estimated to procure the valuation of USD 710 million and is expected to expand at a CAGR of 8% during the forecast period.
Developing surgical procedures and increasing product approvals for the diagnosis of sepsis is projected to drive the global sepsis diagnostics market 2020. The increasing hospital-acquired infection is predicted to surge the sepsis case, which can increase the diagnosis demand along with the market size. Further, the geriatric population and newborns are likely to be more prone to sepsis, which can enhance the diagnosis demand and possibly augment the market.
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However, the shortage of expertise and lack of standard protocols can hamper the market growth during the forecast period. On the contrary, the increasing health care awareness with the ongoing R&D are likely to combat the inhibiting causes, which can boost the market.
Sepsis Diagnostics Market Segmentation
The segment evaluation of the global sepsis diagnostics market is done by product type, technology, and end-user.
The product-type based segments of the global sepsis diagnostics market are kits, instruments, blood culture media, and others.
The technology-based segments of the global sepsis diagnostics market are molecular diagnostics, biomarkers, immunoassays, and others.
The end-user based segments of the global sepsis diagnostics market are hospitals, diagnostic centers, specialty clinics, pathology laboratories, and others.
Sepsis Diagnostics Market Regional Analysis
Based on the region, the global sepsis diagnostics market is segmented into North America, Europe, Asia-Pacific, and the Middle East and Africa.
As per the research by MRFR, the global sepsis diagnostics market is likely to be led by North Americas during the forecast period owing to the increased medical tourism. The increased tourism is anticipated to enhance the development of the sepsis diagnostic market in the forthcoming period. Further, the incessant R&D in the concerned field is likely to push the market growth during the forecast period. The increasing cases of sepsis is anticipated to propel the demand for diagnosis, which can favor the market growth. In addition, the presence of developed economies, who are focused on enhancing the healthcare sector is anticipated to fuel the regional market during the forecast period. According to the evaluation, North America is predicted to acquire the market value of USD 320 million by 2022.
Europe is predicted to be the second most lucrative market for the growth of the sepsis diagnosis market. The region is estimated to expand at a CAGR of 6.8% during the forecast period. Further, owing to the increased favorable initiatives taken by the government of various developed countries, the market is projected to expand significantly.
The APAC region is estimated to be the fastest-growing market during the forecast period owing to the presence of developing economies. The developing healthcare infrastructure of India and China are predicted to contribute significantly in expanding the regional market. The growing geriatric population in the region is estimated to play a crucial role in augmenting the regional market.
The MEA region is likely to experience slow growth due to the presence of sluggish economies, majorly in Africa. The lack of expertise and poor healthcare infrastructure is estimated to curtail the regional market additionally. However, the well-developed countries like the UAE, Qatar, and others can make a significant contribution owing to sufficient healthcare budget.
Sepsis Diagnostics Market Key Players
The global players of the global sepsis diagnostic market are T2 Biosystems, Inc. (US), EKF Diagnostics (UK), bioMérieux, Inc. (US), Sandstone Diagnostics, Inc. (US), Becton, Dickinson and Company (US), Immunexpress (US), Cube Dx GmbH (Austria), Axis-Shield Diagnostics Ltd. (Scotland), and others.
Table Of Contents
1.2 Scope Of The Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power Of Suppliers
4.1.2 Bargaining Power Of Customer
4.1.3 Intensity Of Competitor’s
4.1.4 Threat Of New Entrants
5 Global Sepsis Diagnostics Market, By Technology
List Of Tables
TABLE 1 GLOBAL SEPSIS DIAGNOSTICS MARKET, 2013-2022 (USD MILLION)
TABLE 2 GLOBAL SEPSIS DIAGNOSTICS MARKET, BY MATERIAL TYPE, 2013-2022 (USD MILLION)
TABLE 3 GLOBAL SEPSIS DIAGNOSTICS MARKET, BY PRODUCT TYPE, 2013-2022 (USD MILLION)
TABLE 4 GLOBAL SEPSIS DIAGNOSTICS MARKET, BY END USERS, 2013-2022 (USD MILLION)
TABLE 5 GLOBAL SEPSIS DIAGNOSTICS MARKET, BY REGION, 2013-2022 (USD MILLION)
List Of Figures
FIGURE 1 RESEARCH PROCESS
FIGURE 2 PORTERS FIVE FORCES MODEL
FIGURE 3 GLOBAL ORTHOPEDIC TRAUMA DEVICE SMARKET, BY MATERIAL TYPE
FIGURE 4 GLOBAL SEPSIS DIAGNOSTICS MARKET, BY PRODUCT TYPE
FIGURE 5 GLOBAL SEPSIS DIAGNOSTICS MARKET, BY END USERS
FIGURE 6 GLOBAL SEPSIS DIAGNOSTICS MARKET, BY REGION
FIGURE 7 GLOBAL SEPSIS DIAGNOSTICS MARKET: COMPANY SHARE ANALYSIS, 2015 (%)
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