The global sepsis diagnostics market was valued at US $54 million in the year 2020 and is expected to be worth at US $142 billion by the year 2030. The market is thriving at a compound annual growth rate (CAGR) of 10.2% during the year from 2021 to 2030.
Septicemia, also known as sepsis or septic shock, is a clinical and medical condition caused by the body's attempt to fight off an infection. It is a very serious and possibly deadly condition where the human body tries to fight the infection by releasing chemicals causing inflammation while the infection spreads into the bloodstream, this causes inflammation. The infection flowing in the bloodstream can reach vital organs, which then may require surgery to get rid of tissue damaged by the infection. Due to these reasons, sepsis needs urgent medical attention and treatment.
Factors Affecting
Impact of Covid-19
The covid-19 pandemic has been a boost for the global sepsis diagnostics market. Experts say, that patients infected with Covid-19 are at a higher risk of kidney failure, sepsis and pneumonia. Ever since the pandemic, the number of sepsis cases has increased, such a sudden rise in sepsis cases has put a lot of stress on healthcare infrastructure. Due to such reasons, the demand for sepsis diagnosis market has increased globally.
Regional Insights
According to region, North America is leading the global sepsis diagnostics market. This is due to their acceptance in the use of advanced medical facilities and healthcare infrastructure. There is a quick rise in the number of sepsis cases among the American people. Moreover, they have a high number of market competitors in the global sepsis diagnostics market. Such factors are contributing to the growth in demand for the sepsis diagnostics market worldwide.
Leading Competitors
The leading and prominent competitors in the global sepsis diagnostics market are:
Scope of the Report
The global sepsis diagnostics market can be segmented on the basis of Pathogen, Technology, Test Type, Product, Method, End User and Region
By Pathogen
By Technology
By Test Type
By Product
By Method
By End-User
By Region