The Sepsis Detection Device Market is expected to be around US$ 780 Million by 2027 at a CAGR of 8% in the given forecast period.
The scope of the report includes a detailed study of global and regional markets on Sepsis Detection Device Market with the reasons given for variations in the growth of the industry in certain regions.
Sepsis is that the harmful inflammatory response of the body to
bloodstream infections that results in organ harm & death. Sepsis is
serious condition requiring early identification and treatment to
extend the patient’s possibilities of survival. Sepsis is categorized
into three sorts like infection, severe infection and septic shock based
on the severity of systemic inflammatory response syndrome (SIRS)
symptoms shown by the body. According to NCBI, the amount of patients
affected by the ailment is steady increasing, leading to the requirement
for speedy and advanced diagnostic testing. As per the sepsis Alliance,
in U.S., every year, nearly 258,000 people succumb to sepsis. Globally,
there are around 18 million cases of sepsis diagnosed annually.
According to the Centers for disease control and prevention, more than
180,000 sepsis-related deaths occurred in U.S., in 2014. Sepsis has a
high prevalence rate among geriatric and neonatal population owing to
their weak immunity. Infant sepsis has the highest death rate. Alarming
prevalence and mortality rate is anticipated to boost the expansion of
the world Sepsis Detection Device market during forecast amount. It is
tough to diagnose sepsis from other similar non-infectious conditions in
critically ill patients with similar symptoms. Therefore, the demand
for rapid and correct Sepsis Detection Devices is expected to increase
during forecast period.
How Big is The Global Sepsis Detection Device Market?
The Sepsis Detection Device Market is expected to be around US$
780 Million by 2027 at a CAGR of 8% in the given forecast period.
The major driving factors of Sepsis Detection Device Market are as follows:
- High Prevalence of Sepsis in the Neonate and Adult Population
- Rising Incidence of Sepsis in Geriatric Population
- Increasing Number of Preterm Births
- Growing Incidence of Hospital-Acquired Infections
The retraining factors of Sepsis Detection Device Market are as follows:
- High Cost of Automated Diagnostic Devices
- Lack of Established Reimbursement for Sepsis
The opportunities factors of Sepsis Detection Device Market are as follows:
- Increasing Funding for Sepsis-Related Research Activities
- Development of Rapid Diagnostic Techniques for Early Sepsis Diagnosis
- Evolution of Procalcitonin Test as A Novel Biomarker for Sepsis Diagnosis
The challenges factors of Sepsis Detection Device Market are as follows:
- Lack of Standard Protocols and Awareness for Sepsis Diagnosis and Treatment
- Shortage of Skilled Healthcare Professionals
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The Sepsis Detection Device Market is segmented on the lines of its
product, technology, method, usability, pathogen and regional. Based on
product segmentation it covers Instruments, Blood Culture Media, Assay
Kits & Reagents, and Software. Based on technology segmentation it
covers Microbiology, Molecular Diagnostics, Immunoassays and Flow
Cytometry. Based on method segmentation it covers Conventional
Diagnostics and Automated Diagnostics. Based on usability segmentation
it covers Laboratory Testing and Point-of-care Testing. Based on
pathogen segmentation it covers Bacterial Sepsis, Gram-negative
Bacterial Sepsis, Gram-positive Bacterial Sepsis, Fungal Sepsis and
Others. The Sepsis Detection Device Market on geographic segmentation
covers various regions such as North America, Europe, Asia Pacific,
Latin America, Middle East and Africa. Each geographic market is further
segmented to provide market revenue for select countries such as the
U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC
This report provides:
1) An overview of the global market for Sepsis Detection Device Market and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for
2020 and 2021, and projections of compound annual growth rates (CAGRs)
3) Identifications of new market opportunities and targeted promotional plans for Sepsis Detection Device Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
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The scope of the report includes a detailed study of global and
regional markets on Sepsis Detection Device Market with the reasons
given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market
share and company profiles of the key participants operating in the
global market. Key players profiled in the report include Biomérieux SA,
Becton, Dickinson and Company, Thermo Fisher Scientific Inc, Abbott
Laboratories, Inc, Roche Diagnostics Limited, Cepheid Inc, T2
Biosystems, Inc, Beckman Coulter, Inc, Nanosphere, Inc, Bruker
Corporation and others. Company profile includes assign such as company
summary, financial summary, business strategy and planning, SWOT
analysis and current developments.
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