6 Key Projections on Sepsis Diagnostics Market indicating Industry Size, Demand, Trends and Forecast till 2026

Rockville, US, 2018-Apr-24 — /EPR Network/ —  Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. “Sepsis Diagnostics Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global sepsis diagnostics market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the forecast period.

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Sepsis is emerging as one of the leading causes of mortality around the globe. However, early detection can improve the outcomes, hence the demand for sepsis diagnostics is also rising. Major companies in the market are also focusing on introducing technically advanced tools and techniques to provide sepsis diagnosis at an early stage. Companies are also entering into mergers and acquisitions to carry research and development activity and expand globally. New products are also being launched, while some products have already received the U.S. Food and Drugs Administration (FDA) clearance to be used for diagnosis purpose.

According to a study by Fact.MR, the global sepsis diagnostics market is expected to witness strong growth, registering 7.7% CAGR during the forecast period 2017-2026. The global sepsis diagnostics market is also projected to generate US$ 707.3 million revenue by the end of 2026. Owing to the increase in scope and applications, significant growth is expected in the market. Moreover, early detection has been shown to be crucial for the better outcome of patients suffering from sepsis. Following are the insights on how the global sepsis diagnostics market will perform in the coming years.

6 Forecast Highlights on Global Sepsis Diagnostics Market

1. North America expected to emerge as the largest region in the global sepsis diagnostics market throughout the forecast period. By the end of 2026, North America is projected to exceed US$ 200 million revenue. Well-established healthcare infrastructure, the rise in adoption of advanced products is driving the growth of the market in the region. Moreover, septic poisoning is one of the leading causes of death in the U.S.
2. Europe and Asia Pacific Excluding Japan (APEJ) are also expected to witness significant growth in the coming years. Increasing mortality rate due to septic in APEJ is resulting in the immense opportunity for companies to introduce diagnostic tools and tests.
3. Assays & reagents are expected to witness strong growth throughout the forecast period. By the end of 2026, assays & reagents are estimated to bring in more than US$ 300 million revenue.
4. Conventional diagnostics is expected to be the highly preferred method in sepsis diagnostics. Conventional diagnostics method is estimated to exceed US$ 400 million revenue towards the end of 2026.
5. Gram-positive bacterial sepsis is projected to witness the highest growth in the global sepsis diagnostics market. Gram-positive bacterial sepsis is estimated to create an absolute dollar opportunity of over US$ 100 million during 2017-2026.
6. Microbiology technology is expected to gain momentum in the global sepsis diagnostics market. By 2026 end, microbiology is estimated to bring in more than US$ 200 million revenue.

Assays & Reagents to Emerge as the Top-Selling Product

Among various products in sepsis diagnostics market, assays & reagents are likely to emerge as the top-selling products. Assays & reagents are projected to surpass US$ 300 million revenue by end of the forecast period. Reagents and assays kits are showing lucrative growth due to the introduction of technically advanced tests by key players. Moreover, assays and reagents facilitate early diagnosis of sepsis.

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Conventional Diagnostics to be the Most-Preferred diagnostic Method

Compared to the automated diagnostics, conventional diagnostics is likely to emerge as the most-preferred sepsis diagnosis method. Towards 2026 end, conventional diagnostics is projected to generate more than US$ 400 million revenue. Conventional methods for diagnosis of sepsis is still the most-preferred one due to the low cost and it also leads to the timely changes to appropriate therapy.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global sepsis diagnostics market through 2026, which include Abionic SA, Biomérieux SA, Siemens Healthineers, Thermo Fisher Scientific Inc., Quidel Corporation, Becton, Dickinson and Company, Luminex Corporation, Abbott Laboratories, Inc., Qiagen NV, T2 Biosystems, Inc., Roche Holdings AG (Roche Diagnostics Limited), and Danaher Corporation (Beckman Coulter, Inc.).

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