Dec 08, 2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Sepsis Diagnostics Market.
It was estimated prior to this unanticipated outbreak that the Sepsis Diagnostics Market was expected to grow at a Healthy CAGR during the forecast period. Sepsis diagnostic has come a long way and it’s terminologies have changed many times. Currently, majority of physicians follow the qSOFA guidelines published in 2016-2017. Some of the physicians use SOFA score, or SIRS criteria for evaluation of sepsis. Inspite of that, there is variation in diagnosis resulting in high cases of morbidity and mortality, there are many factors which are responsible for this, some of the important ones are: interpretation of test results & timely intervention, too much use of antibiotics – leading to multiple drug resistance, issues of test reproducibility (specificity and sensitivity) and also the available of point of care / bedside testing and other infrastructural facilities in hospitals and clinics globally.
In 2019, it’s ironical that there is no single “gold standard” diagnostic test for sepsis, and case definitions vary widely. Use of nonspecific terminology such as “septicemia” remains pervasive. There are striking reports of sepsis among Young children, pregnant women, senior population, and patients with chronic diseases or weak immune system.
However, in developed countries which are equipped with latest facilities there are reports of less number of sepsis cases. In a study of more than 7,000 patient outcomes, using the EarlySense System, the number of ICU days for transferred patients decreased by 46 percent, the overall hospital length of stay decreased by 9 percent in the intervention group, and the number of code-blue events decreased by 86 percent, all because patients were treated as soon as they began to deteriorate. The report published by Stratview Research covers all the latest technologies which are currently being used in various market to diagnose sepsis.
The research showcases that not only Asia Pacific is an attractive market, Western Europe (CAGR 6.03%) appears to be more lucrative than North America (5.52% CAGR 2019-2025). While microbiology and pathology as segments would be the most attractive growing at a CAGR of 10.5% in between 2019-2025 closely followed by markers for sepsis.
This report helps the manufacturer streamline it’s marketing campaigns as the segments divide the market into site of intervention, percentage of tests conducted in hospitals versus outsourced and also looks at the granular country wise competition. The report also highlights the sepsis therapeutics as the researchers of Stratview feel that some way both are interconnected. From the KOL’s point of view the report addresses the opportunities in step wise manner – sepsis diagnosis, sepsis therapeutics and finally sepsis maintenance and recovery market, thereby covering the entire sepsis management market globally.
Apart from major markets such as USA, Germany, France, India, China and Japan, potential markets such as Indonesia, South Africa, Russia, Canada and Brazil have been studied in depth from the supplier and buyers point of view. The report gives a 360 degree overview for all the established player who would like to understand and compare a regional outlook of the sepsis diagnostic market.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Sepsis Diagnostics analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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