Geographically, North America (comprising U.S. and Canada) is expected to command largest share of sepsis diagnostics market in 2016, followed by Europe. A number of factors like high prevalence of sepsis, increasing number of invasive procedures, growing adoption of high-end sepsis diagnostics devices, and rising government support are contributing to growth of North American sepsis diagnostics market.
The sepsis diagnostics market is expected to reach USD 564.1 Million by 2021 from USD 370.0 Million in 2016, at a CAGR of 8.8% during the forecast period. Rising geriatric population, growing number of surgical procedures, high incidence of hospital-acquired infections, and increase in the number of product approvals are supporting the growth of this market.
However, lack of standard protocols and awareness as well as shortage of skilled staff are the major challenges in this market.
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The sepsis diagnostics market is categorized into two segments, namely, conventional diagnostics and automated diagnostics. Conventional diagnostics segment is estimated to command larger share of the global sepsis diagnostics market in 2016.
Growth of this segment can be attributed to high adoption of this method for sepsis diagnosis, due to ease, and presence of long-term/established clinical evidences.
- Sepsis diagnostic device manufacturing companies
- Clinical laboratories
- Hospitals and clinics
- Research institutes and clinical research organizations (CROs)
- Market research and consulting firms
- Sepsis diagnostic devices suppliers and distributors
- Blood culture media manufacturers
- Blood culture media distributors and suppliers
On the basis of usability, the sepsis diagnostics market is further segmented into laboratory testing and point-of-care testing. The laboratory testing segment is expected to account for a larger share of the sepsis diagnostics market in 2016.
The large share of this segment can be attributed to the high use of conventional blood culture tests for sepsis diagnosis, lack of awareness about POC sepsis diagnosis devices, and low cost of laboratory testing services.
The sepsis diagnostics market on the basis of pathogen is segmented into bacterial sepsis, fungal sepsis, and other infectious pathogens (viral and parasitic infection). The bacterial sepsis segment is expected to account for a larger share of the sepsis diagnostics market in 2016.
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Geographically, North America (comprising the U.S. and Canada) is expected to command the largest share of the sepsis diagnostics market in 2016, followed by Europe.
A number of factors such as the high prevalence of sepsis, increasing number of invasive procedures, growing adoption of high-end sepsis diagnostics devices, and rising government support are contributing to the growth of the North American sepsis diagnostics market.
The sepsis diagnostics market was dominated by bioMérieux SA (France), Becton, Dickinson and Company (U.S.), Thermo Fisher Scientific Inc. (U.S.), and Cepheid Inc. (U.S.).
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- Market Share Analysis
- Competitive Situation and Trends
- Product Approvals
- Collaborations, Acquisitions, and Partnerships
- New Product Launches
- Other Strategies
In this report, the sepsis diagnostics market has been segmented on the basis of product (instruments, blood culture media, assay kits & reagents, and software),technology (microbiology, molecular diagnostics, immunoassays, and flow cytometry), usability (laboratory testing & point-of-care testing), method (conventional diagnostics and automated diagnostics),pathogen (bacterial sepsis, fungal sepsis, and others) and region (North America, Europe, APAC, and RoW).
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