The global sepsis diagnostics market is segmented on the basis of product, by technology, by end user, and by region. The product segments of the global sepsis diagnostics market are Assays and Reagents, blood culture media, instruments, and others. Technology based segmentation of the global sepsis diagnostics market is further classified into microbiology, molecular diagnostics, flow cytometry, and Immunoassays. The end users segmentation of the global sepsis diagnostics market is further segmented into hospitals, specialty clinics, diagnostic centers, and pathology laboratories. Assays and reagents in the products segment of the global sepsis diagnostics market dominated the global sepsis diagnostics market in terms of revenue in 2015. The high share of this segment is attributed to factors such as use of standard diagnostic methods in the diagnosis, increasing usage of assays in the sepsis diagnosis, along with increasing number of product approvals for marketing & commercialization globally. Molecular diagnostics is expected to dominate the global sepsis diagnostics market by technology during the forecast period of 2016-2024. Technological advances in the field of molecular diagnostics, along with increasing need for quick and accurate results, and inclination of doctors towards molecular diagnostic techniques for diagnosis are factors which are anticipated to boost the growth of the segment through 2024.
On the basis of geography, the global sepsis diagnostics market is segmented in to five key regions, North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America dominated the global sepsis diagnostics market in 2015 in terms of value, owing to factors such as increasing demand for better healthcare facilities, growing adoption of new and advanced diagnostic techniques, high per capita healthcare expenditure, and increasing incidences of chronic diseases such as cancer, diabetes, etc. leading to increasing hospital admissions and rising incidences of hospital acquired infection in the U.S. Asia Pacific region is expected to register highest CAGR during the forecast period of 2016-2024, owing to factors such as increasing geriatric population in the region, combined with developing healthcare infrastructure, and increasing prevalence of cancer and diabetes in countries such of India, China, and Australia. However, lack of awareness and shortage of skilled workforce in the Asia Pacific regions are some factors restraining the growth of the sepsis diagnostics market in this region.
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Some of the key players in the global sepsis diagnostics market include BioMérieux SA, Thermo Fisher Scientific, Inc., T2 Biosystems, Inc., Nanosphere, Inc., Cepheid, Roche Diagnostics Limited, Abbott Laboratories, Inc., Beckman Coulter, Inc., Becton, Dickinson and Company, and Bruker Corporation among others.
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