Sepsis Diagnostics Market Size and Trends
The sepsis diagnostics market size is forecast to increase by USD 510 million at a CAGR of 8.9% between 2023 and 2028. The market is witnessing significant growth due to the rising number of sepsis cases worldwide. According to the Global Sepsis Alliance, sepsis affects over 1.5 million people in the United States each year. Early and accurate diagnosis of sepsis is crucial to improve patient outcomes and reduce healthcare costs. The market is driven by advancements in technology, such as Point-of-Care (POC) testing, which enables quick and efficient diagnosis at the patient's bedside. Partnerships and collaborations between industry players and research institutions are also contributing to the market's growth. However, high costs associated with sepsis diagnostics, including reagents and consumables for laboratory tests and instruments like immunoassays and automated systems, remain a challenge. The market is expected to continue its growth trajectory due to the increasing demand for cost-effective and accurate diagnostic solutions. The use of advanced technologies like artificial intelligence and machine learning is also expected to revolutionize sepsis diagnostics, making them more accurate and efficient. In conclusion, the market is poised for growth due to the increasing number of sepsis cases, advancements in technology, and partnerships and collaborations. However, high diagnostic costs remain a significant challenge that needs to be addressed to make sepsis diagnostics more accessible to patients.
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Method
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
- 5.1 Global Sepsis Diagnostics Market 2018 - 2022
- Historic Market Size - Data Table on Global Sepsis Diagnostics Market 2018 - 2022 ($ million)
- 5.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 5.3 Method segment analysis 2018 - 2022
- Historic Market Size - Method Segment 2018 - 2022 ($ million)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 5.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
- 6.1 Impact of Artificial intelligence (AI) on global sepsis diagnostics market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Type
- 8.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 8.3 Blood culture tests - Market size and forecast 2023-2028
- Chart on Blood culture tests - Market size and forecast 2023-2028 ($ million)
- Data Table on Blood culture tests - Market size and forecast 2023-2028 ($ million)
- Chart on Blood culture tests - Year-over-year growth 2023-2028 (%)
- Data Table on Blood culture tests - Year-over-year growth 2023-2028 (%)
- 8.4 Molecular diagnostics - Market size and forecast 2023-2028
- Chart on Molecular diagnostics - Market size and forecast 2023-2028 ($ million)
- Data Table on Molecular diagnostics - Market size and forecast 2023-2028 ($ million)
- Chart on Molecular diagnostics - Year-over-year growth 2023-2028 (%)
- Data Table on Molecular diagnostics - Year-over-year growth 2023-2028 (%)
- 8.5 Immunoassays - Market size and forecast 2023-2028
- Chart on Immunoassays - Market size and forecast 2023-2028 ($ million)
- Data Table on Immunoassays - Market size and forecast 2023-2028 ($ million)
- Chart on Immunoassays - Year-over-year growth 2023-2028 (%)
- Data Table on Immunoassays - Year-over-year growth 2023-2028 (%)
- 8.6 Other diagnostic tests - Market size and forecast 2023-2028
- Chart on Other diagnostic tests - Market size and forecast 2023-2028 ($ million)
- Data Table on Other diagnostic tests - Market size and forecast 2023-2028 ($ million)
- Chart on Other diagnostic tests - Year-over-year growth 2023-2028 (%)
- Data Table on Other diagnostic tests - Year-over-year growth 2023-2028 (%)
- 8.7 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Method
- 9.1 Market segments
- Chart on Method - Market share 2023-2028 (%)
- Data Table on Method - Market share 2023-2028 (%)
- 9.2 Comparison by Method
- Chart on Comparison by Method
- Data Table on Comparison by Method
- 9.3 Conventional diagnostics - Market size and forecast 2023-2028
- Chart on Conventional diagnostics - Market size and forecast 2023-2028 ($ million)
- Data Table on Conventional diagnostics - Market size and forecast 2023-2028 ($ million)
- Chart on Conventional diagnostics - Year-over-year growth 2023-2028 (%)
- Data Table on Conventional diagnostics - Year-over-year growth 2023-2028 (%)
- 9.4 Laboratory-based testing - Market size and forecast 2023-2028
- Chart on Laboratory-based testing - Market size and forecast 2023-2028 ($ million)
- Data Table on Laboratory-based testing - Market size and forecast 2023-2028 ($ million)
- Chart on Laboratory-based testing - Year-over-year growth 2023-2028 (%)
- Data Table on Laboratory-based testing - Year-over-year growth 2023-2028 (%)
- 9.5 Point-of-care testing (POCT) - Market size and forecast 2023-2028
- Chart on Point-of-care testing (POCT) - Market size and forecast 2023-2028 ($ million)
- Data Table on Point-of-care testing (POCT) - Market size and forecast 2023-2028 ($ million)
- Chart on Point-of-care testing (POCT) - Year-over-year growth 2023-2028 (%)
- Data Table on Point-of-care testing (POCT) - Year-over-year growth 2023-2028 (%)
- 9.6 Market opportunity by Method
- Market opportunity by Method ($ million)
- Data Table on Market opportunity by Method ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 11.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 11.5 Asia - Market size and forecast 2023-2028
- Chart on Asia - Market size and forecast 2023-2028 ($ million)
- Data Table on Asia - Market size and forecast 2023-2028 ($ million)
- Chart on Asia - Year-over-year growth 2023-2028 (%)
- Data Table on Asia - Year-over-year growth 2023-2028 (%)
- 11.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- 11.7 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 11.8 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 11.9 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 11.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 11.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 11.12 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 11.13 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 11.14 Italy - Market size and forecast 2023-2028
- Chart on Italy - Market size and forecast 2023-2028 ($ million)
- Data Table on Italy - Market size and forecast 2023-2028 ($ million)
- Chart on Italy - Year-over-year growth 2023-2028 (%)
- Data Table on Italy - Year-over-year growth 2023-2028 (%)
- 11.15 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 11.16 Spain - Market size and forecast 2023-2028
- Chart on Spain - Market size and forecast 2023-2028 ($ million)
- Data Table on Spain - Market size and forecast 2023-2028 ($ million)
- Chart on Spain - Year-over-year growth 2023-2028 (%)
- Data Table on Spain - Year-over-year growth 2023-2028 (%)
- 11.17 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 Ad Astra Diagnostics Inc.
- Ad Astra Diagnostics Inc. - Overview
- Ad Astra Diagnostics Inc. - Product / Service
- Ad Astra Diagnostics Inc. - Key offerings
- SWOT
- 14.5 ALIFAX Srl
- ALIFAX Srl - Overview
- ALIFAX Srl - Product / Service
- ALIFAX Srl - Key offerings
- SWOT
- 14.6 Becton Dickinson and Co.
- Becton Dickinson and Co. - Overview
- Becton Dickinson and Co. - Business segments
- Becton Dickinson and Co. - Key news
- Becton Dickinson and Co. - Key offerings
- Becton Dickinson and Co. - Segment focus
- SWOT
- 14.7 Biocartis NV
- Biocartis NV - Overview
- Biocartis NV - Product / Service
- Biocartis NV - Key news
- Biocartis NV - Key offerings
- SWOT
- 14.8 BioMerieux SA
- BioMerieux SA - Overview
- BioMerieux SA - Business segments
- BioMerieux SA - Key news
- BioMerieux SA - Key offerings
- BioMerieux SA - Segment focus
- SWOT
- 14.9 Bruker Corp.
- Bruker Corp. - Overview
- Bruker Corp. - Business segments
- Bruker Corp. - Key news
- Bruker Corp. - Key offerings
- Bruker Corp. - Segment focus
- SWOT
- 14.10 Cytovale Inc
- Cytovale Inc - Overview
- Cytovale Inc - Product / Service
- Cytovale Inc - Key offerings
- SWOT
- 14.11 Danaher Corp.
- Danaher Corp. - Overview
- Danaher Corp. - Business segments
- Danaher Corp. - Key news
- Danaher Corp. - Key offerings
- Danaher Corp. - Segment focus
- SWOT
- 14.12 F. Hoffmann La Roche Ltd.
- F. Hoffmann La Roche Ltd. - Overview
- F. Hoffmann La Roche Ltd. - Business segments
- F. Hoffmann La Roche Ltd. - Key news
- F. Hoffmann La Roche Ltd. - Key offerings
- F. Hoffmann La Roche Ltd. - Segment focus
- SWOT
- 14.13 OCEAN Dx
- OCEAN Dx - Overview
- OCEAN Dx - Product / Service
- OCEAN Dx - Key offerings
- SWOT
- 14.14 QuidelOrtho Corp.
- QuidelOrtho Corp. - Overview
- QuidelOrtho Corp. - Product / Service
- QuidelOrtho Corp. - Key offerings
- SWOT
- 14.15 Siemens Healthineers AG
- Siemens Healthineers AG - Overview
- Siemens Healthineers AG - Business segments
- Siemens Healthineers AG - Key news
- Siemens Healthineers AG - Key offerings
- Siemens Healthineers AG - Segment focus
- SWOT
- 14.16 T2 Biosystems Inc.
- T2 Biosystems Inc. - Overview
- T2 Biosystems Inc. - Product / Service
- T2 Biosystems Inc. - Key offerings
- SWOT
- 14.17 Thermo Fisher Scientific Inc.
- Thermo Fisher Scientific Inc. - Overview
- Thermo Fisher Scientific Inc. - Business segments
- Thermo Fisher Scientific Inc. - Key news
- Thermo Fisher Scientific Inc. - Key offerings
- Thermo Fisher Scientific Inc. - Segment focus
- SWOT
- 14.18 Trinity Biotech Plc
- Trinity Biotech Plc - Overview
- Trinity Biotech Plc - Product / Service
- Trinity Biotech Plc - Key offerings
- SWOT
15 Appendix
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations
- List of abbreviations
- o Cutting-edge diagnostic platforms and innovative technologies
- o Expansion of point-of-care testing solutions and biomarker-based diagnostic tools
- o Company is known for specialized diagnostic solutions in areas like immunoassays and microbial diagnostics
- o Comprehensive diagnostic portfolio
- o Increasing global focus on early detection of sepsis
- o Increasingly investing in molecular diagnostics and biomarker-based testing
- o Global leader in microbial diagnostics
- o Growing demand for rapid diagnostics in sepsis detection
- o Strong focus on research and development
- o Cutting-edge diagnostic platforms and innovative technologies
- o Comprehensive diagnostic portfolio
- o Strong focus on research and development
- o Cutting-edge diagnostic platforms and innovative technologies
- o Strong focus on innovation, including AI-driven diagnostics and automation
- o Strong focus on research and development
- o Cutting-edge diagnostic platforms and innovative technologies
- o Strong focus on research and development