The Global Sepsis Diagnostics Market is estimated to reach USD 1,283.3 million by 2022 with Asia Pacific at the center of growth.
Hyderabad, India -- (SBWIRE) -- 01/25/2018 -- According to a new market research report "Sepsis Diagnostics Market By Pathogen (Bacterial And Fungal), By Product (Instruments, Blood Culture Media, Assay Kits And Reagents), By Technology (Molecular Diagnostics, Microbiology, Immunoassay And Flow Cytometry), By Method (Conventional And Automated), By Usability (Laboratory And POC) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2017–2022)", published by MarketDataForecast™, the market is expected to reach USD 1.2 Billion by 2022 from USD 0.79 Billion in 2016, at a CAGR of 8.51%.
Sepsis occurs when there is an inflammatory response spread throughout the body caused by the chemicals released to fight an infection. The major driving factors of the sepsis diagnostics market are the increased elderly population and augmented infections that are acquired during surgical procedures.
The key hindering factors of the market are lack of awareness towards sepsis and deficiency of skilled medical staff to combat this disease.
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Bacterial Sepsis Diagnostics segment as dominated the market in 2016.
Based on Pathogen, the market can be divided into Bacterial and Fungal. Bacterial sepsis accounted for the major market share during the forecast period.
Molecular Diagnostics is expected to account for the major market share
By Technology, the market can be divided into Micro Biology, molecular Diagnostics, Immuno Assay and Flow Cytometry).Molecular Diagnostics is expected to account for the major market share owing to the benefits offered by molecular diagnostics like high efficiency and high speed.
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Blood Culture Media was the largest segmented in 2016.
By product, the market can be segmented into Instruments, blood culture media, Assay kits, and reagents). Blood culture media was the major segment as it was the most preferred method of laboratories.
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By region, North America was the leading the global market.
Based on region, the Tissue Diagnostics Market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. North America occupied the major share of the market closely followed by Europe. With the focus of global key players shifting towards Asian countries, the Asia-Pacific segment is expected to show a high growth rate in the forecast period.
Some of the key manufacturers of this market include bioMérieux SA, T2 Biosystem Inc, Cepheid, Thermo Fisher Scientific Inc., Nanosphere Inc, Abbott Laboratories, Roche Diagnostics Limited, Becton, Dickinson and Company, Bruker Corporation, and Beckman Coulter, Inc.
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Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
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The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
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