Global Sepsis Diagnostics Market to witness Significant Growth Given the Increasing Burden of Sepsis
Inkwood Research anticipates that the Global Sepsis Diagnostics Market is evaluated to record a CAGR of 8.06% in terms of revenue during the forecasting years of 2021-2028.
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Sepsis develops due to the body’s response to pathogenic
microorganisms, within the blood. The increasing incidence of the condition
leads to a tremendous need for rapid diagnostic techniques, thereby fueling the
demand for sepsis diagnostic tools. Besides, the disease is also one of the
major causes of high mortality rates.
Rising
Burden of Sepsis to Propel Market Growth
Sepsis is characterized as a life-threatening disease,
caused by the response of the body to an infection. The illness can potentially
lead to significant morbidity, organ failure, tissue damage, or death.
According to the World Health Organization (WHO), the global epidemiological
burden is challenging to ascertain, and impacts over 30 million people, across
the world. Moreover, one in ten deaths linked with childbirth and pregnancy, is
due to maternal sepsis. The WHO reports that sepsis is often underdiagnosed at
an early stage, and as per estimations, 1.2 million children and 3 million
newborns suffer from the disease, worldwide.
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Automated
Diagnostics is the Fastest-Growing Diagnostic Method
Automated diagnostics systems entail electronic systems that
gather and analyze information from diverse sources. They can also be used to
alert the staff upon identifying the symptoms and signs of sepsis. As a result,
the condition is diagnosed early, thereby enabling treatment to commence before
organ damage. The automated diagnostics segment is anticipated to observe a
growing trend, on account of chief factors, including the prompt turnaround
time, the accurate detection of positive blood culture, and the minimized risk
of contamination. The automation of the blood culture system has further
encouraged maximum pathogen yield within a shorter duration, in order to
enhance patient management and, thus, save lives.
Asia-Pacific
to Lead the Global Market by 2028
The Asia-Pacific is projected to record lucrative growth, owing
to the rapidly augmenting economy, and substantial developments in medical
healthcare, especially in nations like India and China. The need for sepsis
diagnostics in the region is expected to be high due to the increasing
mortality rates associated with the condition. Moreover, the growing awareness
regarding the identification and treatment of sepsis further helps counter the
serious effects of the disease.
The global sepsis diagnostics market has limited major
players, possessing global distribution channels as well as collaborations with
numerous diagnostic centers, distributors, and hospitals, globally. Hence, the
firms are anticipated to record strong competition, in terms of product
pricing, automation innovations, and the use of improved technology for
developing new diagnostic technology products.
Some of the leading companies operating in the market are,
Becton, Dickinson and Company, Bruker Corporation, Abbott Laboratories, etc.
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relevant fact-based research are customized across industry verticals such as
technology, automotive, chemicals, materials, healthcare, and energy, with an
objective comprehension that acknowledges the business environments. Our
geographical analysis comprises North & South America, CEE, CIS, Middle
East, Europe, Asia, and Africa.
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