(PharmaNewsWire.Com, September 14, 2017 ) According to the report “North America 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 - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, the North America Sepsis Diagnostics Market was worth USD 140.6 million in 2016 and estimated to be growing at a CAGR of 8.55%, to reach USD 211.9 million by 2021. The increasing prevalence of the disease and its fatal effects has stimulated its growth.
Sepsis Diagnosis is the rise as the incidence rate and prevalence of sepsis is on the rise. Sepsis is a serious illness condition occurring when the body reacts to a foreign body infection, be it bacterial, viral, fungal or parasitic. It is one of the most deaths causing disease in hospitals. Infection leads to organ dysfunction or failure and systemic inflammation. Its symptoms are hypertension, high body temperature, shivering and high heart rate.
The primary factors accounted for the growth of the market are rising prevalence of different antibiotic resistant bacterial strains, high incidence rates of hospital acquired infections, increasing geriatric population, growing number of surgical procedures and increasing number of product approvals. Conversely, factors like lack of standard protocols, lack of awareness and death or skilled staff are likely to restrict the growth of the market.
The North America Sepsis Diagnostics market is segmented based on Pathogen, Product, Technology, Method and Usability. Based on Pathogen – Bacterial and Fungal. Based on Product - Instruments, Blood Culture Media, Assay Kits and Reagents. Based on Technology - Molecular Diagnostics, Microbiology, Immunoassay and Flow Cytometry. Based on Method – Conventional and Automated. Based on Usability - Laboratory and Point-of-care testing.
Based on the Geographical analysis the market is separated into regions of United States of America and Canada. USA is leading the market while Canada is at second place. Growing focus of stakeholders on research projects, drug discovery and diagnosis has helped USA dominate the market. USA is also expected to grow the fastest owing to number of factors such as increasing number of surgical procedures, growing number of clinical studies, developing healthcare infrastructure, and rising focus of global players in this region. Bacterial Sepsis Diagnostics have accounted for major share among the pathogen segment. Molecular Diagnostics is expected to grow the fastest among the technology segment. Blood culture media is regarded as the standard treatment procedure and holds the major share among the products segment.
Some of the key players dominating North America Sepsis Diagnostics 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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