The global sepsis diagnostic market is projected to reach USD 613.9 Million by 2023 from USD 396.6 Million in 2018, at a CAGR of 9.1% during forecast period.
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Factors such as rising prevalence of sepsis across the globe, increasing geriatric population, growing government initiatives for creating sepsis awareness, and high incidence of hospital-acquired infections are expected to drive demand for sepsis diagnosis during study period.
Global Sepsis Diagnostic Market, by Technology
- Molecular Diagnostics
- Flow Cytometry
Global Sepsis Diagnostic Market, by Product
- Blood Culture Media
- Assays & Reagents
Geographically, the sepsis diagnostics market is segmented into North America, Europe, Asia Pacific, and RoW.
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Asia Pacific is expected to register the highest growth rate during the forecast period d ue to the high prevalence of sepsis, increasing number of surgical procedures, growing number of clinical studies, and developing healthcare infrastructure in this region.
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The sepsis diagnostic market is categorized into two segments, namely, conventional diagnostics and automated diagnostics. The automated diagnostics segment is expected to grow at the highest CAGR from 2018 to 2023.
Accurate detection of positive blood cultures, quick turnaround time, and reduced risk of contamination is contributing to the growth of this segment.
- Sepsis diagnostic device manufacturers
- Clinical laboratories
- Hospitals and clinics
- Research institutes and clinical research organizations (CROs)
- Sepsis diagnostic device suppliers and distributors
- Blood culture media manufacturers
- Blood culture media distributors and suppliers
- Market research and consulting firms
The sepsis diagnostic market is segmented into microbiology, immunoassays, molecular diagnostics, flow cytometry, microfluidics, and biomarkers. In 2017, the microbiology segment accounted for the largest share of the sepsis diagnostic market.
This share can be attributed to the low cost of microbiology techniques and the wide use of blood culture methods for the diagnosis of sepsis.
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Sepsis diagnostics market research report has focused on various levels of analysis—market ranking analysis of top players and company profiles, which together comprise and discuss basic views on the competitive landscape, emerging segments of the sepsis diagnostics market, and high-growth regions and their drivers, restraints, challenges, and opportunities.
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, will help firms garner greater market shares.
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