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India point-of-care sepsis diagnostics market size was valued at USD 7.9 million in 2023. The market is expected to grow from USD 8.8 million in 2024 to USD 22.8 million by 2032, exhibiting a CAGR of 12.6% during the forecast period.
Sepsis is a life-threatening emergency that happens when the body responds to an infection that damages vital organs and often causes death. This medical emergency requires rapid diagnosis and treatment as it can lead to severe sepsis and septic shock. Any infection can lead to sepsis; this includes bacterial, viral, or fungal infections. The growing cases of bacterial and fungal sepsis, increasing hospital-acquired infection incidences, and the usage of point-of-care devices for early diagnosis in India are propelling market growth.
Additionally, the growing number of chronic cases that lead to sepsis and the improvement of healthcare infrastructure in India are contributing to market expansion. Furthermore, major players and regional players are putting efforts in order to advance their product portfolios through frequent product launches and strategic initiatives. These efforts to strengthen market presence are further driving market growth.
India's market was positively impacted during the COVID-19 pandemic as COVID-19 patients were prone to developing sepsis, leading to an increased number of sepsis cases. This had positively impacted the sales of point-of-care sepsis diagnostics products in India. The number of patient visits and company revenues returned back to its normal levels in 2021, and the market was normalized completely in 2022 and 2023, after the sudden growth it had experienced in 2020.
Adoption of Point-of-care and Rapid Diagnostic Techniques for Early Sepsis Diagnosis is a Prominent Trend
The Indian point-of-care sepsis diagnostics market has experienced a significant trend in recent years, driven by the increasing acceptance of rapid diagnostics and point-of-care sepsis diagnostic procedures. These rapid diagnostic or point-of-care techniques have greatly improved the speed, standardization, and efficacy of sepsis diagnostics. Hence, rapid diagnostic POC techniques development for early sepsis diagnosis is gaining traction in the market. The increasing acceptance of point-of-care solutions is driving companies to launch innovative product offerings.
Such rising strategic activities to commercialize new rapid diagnostic or point-of-care techniques is expected to boost the India point-of-care sepsis diagnostics market forecast.
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Increased Incidence of Sepsis to Propel Market Growth
The escalating incidence of sepsis is the primary driver for the India point-of-care sepsis diagnostics market growth. The increase in both the number and frequency of sepsis cases often leads to a significant demand for sepsis diagnostic tests in India. Furthermore, the quicker and more precise diagnoses offered by point-of-care sepsis devices are expected to drive the market's growth.
A strong demand for point-of-care sepsis diagnostics due to the incidence of hospital acquired infections has increased the number of sepsis cases. Sepsis is a condition that occurs when a person is hospitalized or recently admitted. A substantial rise in the prevalence of the disease caused increased demand for sepsis diagnostic procedures. Rising concern about early diagnosis coupled with favorable reimbursement policies contribute to India point-of-care sepsis diagnostics market growth during the forecast period (2024-2032).
Growing Sepsis Awareness among Consumers Propel Market Expansion
In India, various public and private governments are actively working to spread knowledge about sepsis among the population. Initiatives include screening for sepsis, educating about sepsis, evaluating the implementation of sepsis care bundles, and enhancing patient results. Such rising awareness initiatives regarding sepsis are propelling market growth.
Moreover, information and training regarding sepsis have been provided by various government and non-government bodies to healthcare providers. Therefore, an increase in various government organizations' and foundations' initiatives for awareness and support is expected to augment the overall growth of the market.
Shortage of Skilled Healthcare Professionals to Deter Market Expansion
The increased need for sepsis diagnostics faces challenges that may hamper the market growth in the upcoming years. Early recognition and prompt treatment are crucial for patient survival in cases of sepsis, but limitations such as the inadequacy of equipment and lack of skilled healthcare professionals may negatively impact market expansion.
Resource-poor settings, especially in emerging nations, exacerbate these challenges, which include limited supply of bedside monitoring equipment, insufficient staffing, poorly equipped laboratory materials and personnel, and no protocol for the management of sepsis. For instance, in September 2020, the Regents of the University of Minnesota published an article stating that approximately 2.9 million deaths occurred in children under five years of age in 2017 due to low-resource settings in Low- and Middle-income Countries (LMIC), including India.
The increased concern for sepsis diagnosis and treatment is expected to increase the demand for diagnostic devices. However, a shortage of skilled healthcare professionals to carry out diagnostic protocols for sepsis limits the market growth.
Growing Awareness for Early Sepsis Diagnosis Enabled Reagents & Kits Domination
The market is divided into instruments and reagents & kits on the basis of product type.
The reagents & kits segment held the highest market share due to the increasing volume of sepsis cases and early diagnosis awareness among the Indian population. The segment’s growth is also credited to the large quantities of reagents and consumables used in the various technologies.
The instrument segment held a significant share of the market fueled by the increasing adoption of point-of-care devices. Moreover, key players in the market are collaborating with various organizations to expand their business in India.
Immunoassays Holds Leading Position Backed by Advancements in its R&D
In terms of technology, the market is bifurcated into molecular diagnostics and immunoassays.
In 2023, the immunoassays segment held a dominant India point-of-care sepsis diagnostic market share. Advancements in immunoassay research and development are anticipated to boost sectoral expansion. The segment’s growth is being driven by strategic partnerships between key players in order to launch advanced immunoassay products.
The molecular diagnostic segment is expected to grow during the forecast period. Molecular diagnostics are more sensitive, specific, and less time-consuming. Point-of-care molecular solutions are being developed for a wide variety of bacterial and viral pathogens. Such factors are expected to support the growth of the market during the forecast period.
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Bacterial Sepsis is the Leading Pathogen Due to its Significant Cases
Based on pathogen, the market is divided into bacterial sepsis and fungal sepsis. The bacterial sepsis segment held dominant market share in 2023. The segment’s growth is attributed to the growing occurrence of bacterial sepsis and increasing awareness initiatives for the detection of bacteria causing sepsis.
The fungal sepsis segment held a notable share of the India point-of-care sepsis diagnostic market and is expected to expand during the forecast period. Many patients suffer from sepsis due to fungal infections. The rising incidence of sepsis caused by fungal infections is propelling this segment's expansion.
Hospitals & Clinics are Leading End-Users Fueled by Robust Number of Patient Visits
The market segmentation by end-user is divided into hospitals & clinics and standalone laboratories.
The hospitals & clinics segment held a lion’s share of the market in 2023. The segment’s dominance is attributed to significant sepsis prevalence in hospitalized patients. The growing hospital infrastructure and strong adoption of point-of-care devices are propelling the development of the segment.
Standalone laboratories hold the second largest India point-of-care sepsis diagnostics market share on the basis of end-user. The augmenting number of laboratories and rising demand for cost-effective sepsis care are anticipated to contribute to the expansion of the segment.
Strategic Partnerships and Strong Brand Presence to Foster Company’s Market Growth
The competitive landscape of the market is semi-consolidated. bioMérieux, Inc. accounts for a majority of the market share. The established distribution network and robust product offerings such as VIDAS B·R·A·H·M·S PCT are contributing to the company’s dominance in the Indian market.
Abbott, Boditech Med Inc., Radiometer Medical ApS (Danaher Corporation), and Wondfu are also some of the other prominent players in the Indian market. Additionally, growing partnerships among the industry players are likely to aid the penetration of companies in developing countries, thereby fostering the growth of the key market players.
The India point-of-care sepsis diagnostics market research report emphasizes analysis and forecasting of the market. It focuses on key aspects, such as leading companies, product types, technology, pathogen, and end-users. Besides, it offers insights into the market dynamics, sepsis prevalence, regulatory scenarios, product launches, industry developments, and technological advancements in India. Moreover, the impact of COVID-19 pandemic has also been highlighted in the report.
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ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Unit | Value (USD Million) |
Growth Rate | CAGR of 12.6% from 2024-2032 |
Segmentation | By Product Type
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By Technology
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By Pathogen
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By End-User
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Fortune Business Insights says that the Indian market stood at USD 7.9 million in 2023 and is projected to reach USD 22.8 million by 2032.
The market is expected to exhibit a CAGR of 12.6% during the forecast period (2024-2032).
By technology, the immunoassays segment led the market in 2023.
The key driving factors include growing sepsis prevalence, rising awareness, and adoption of point-of-care sepsis diagnostic products in the market.
Increasing adoption of point-of-care sepsis diagnostics products is the key trend in the market.
bioMérieux, Inc. and Abbott are the prominent players in the market.
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