Sepsis Therapeutics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
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Treatment of sepsis depends on the site and cause of infection. Management of sepsis includes three tests and three treatments, known as sepsis six. Treatment involves administration of antibiotics, intravenous administration of fluids, and giving oxygen if the levels are low. Tests include blood culture, blood samples, and monitoring of urine output. The sepsis therapeutics market can be categorized on the basis of drug class and region. On the basis of drug class, the market can be segmented into aminoglycosides, colony stimulating factors, second generation cephalosporins, third generation cephalosporins, glycopeptide antibiotics, inhaled intifectives, and others.
On the basis of geography, the sepsis therapeutics market is segmented into five regions, namely North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the most dominant market in terms of revenue owing to high incidence of sepsis and rising awareness among people about complications associated with sepsis. Europe follows closely in terms of revenue due to high incidence rate and increase in research activities in the area of sepsis. For instance, The European Sepsis Academy (ESA-ITN), is an international project working for the development and validation of pathological insights, clinical trial models, and biomarker diagnostics that would enable development and implementation of personalized treatment strategies targeted at the immunosuppressive phase of sepsis. The Asia Pacific market is also witnessing positive growth due to high rate of development in the healthcare industry, government initiatives for the development of sepsis treatment, and increasing prevalence of sepsis.
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The global sepsis therapeutics market is driven by high unmet needs against the backdrop of increasing number of sepsis cases. The escalating prevalence of sepsis can be attributed to the large number of surgeries and hospital acquired infections, and the rising aging population with compromised immune system and metabolism. In addition, increasing awareness about sepsis and extensive research and development in the field of sepsis therapeutics will propel the market in the near future. Furthermore, innovations in novel treatment options for treatment of septic shock and increasing awareness among people will boost the market in the coming years. However, high cost of treatment and the number of side effects associated with medication are some of the factors that may hinder the growth of the sepsis therapeutics market.
Some of the major players operating in the sepsis therapeutics market are Adrenomed AG, Altor BioScience Corporation, Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company, InflaRx GmbH, and INOTREM S.A.
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