TheGlobal Sepsis Therapeutics Marketaccounted for USD 3.5 Billion in 2021.
In the past decade, infectious disease prevalence is increasing hastily. Sepsis mainly happens when; an infected person already has triggered a chain reaction throughout the body. The infections that most often start in the lung, urinary tract, skin, or gastrointestinal tract led to sepsis. Sepsis can also happen as a consequence of other infections, including viral infections, such as COVID-19 or influenza. Thus, an outbreak of the COVID-19 pandemic has boosted the number of people having sepsis.
Some of the people who are at risk of sepsis are people with chronic medical conditions, such as diabetes, cancer, among others, People with recent severe illness or hospitalization, and Sepsis survivors. Additionally, children younger than one and the geriatric population is also at high risk of sepsis. Additionally, COVID-19 has weakened the immune systems of people, increasing their risk of sepsis. Thus, these are some of the factors increasing sepsis prevalence. Consequently, increasing the demand for sepsis therapeutics further propelling the sepsis therapeutics market growth over the forecast period.
According to the Centers for Disease Control and Prevention (CDC), around 1.7 million adults in the U.S. develop sepsis. Approximately, 270,000 American death occur as a consequence of sepsis. Around 1 in 3 patients who die in a hospital has sepsis. Whereas, Sepsis, or the infection causing sepsis, starts outside of the hospital in nearly 87% of cases. Thus, increasing sepsis prevalence is likely to boost the demand for sepsis therapeutics further propelling the market growth over the forecast period.
Furthermore, serval governments and major players in the market are investing their money heavily in Research and Development (R&D). Thus, increasing funding and several government initiatives are further propelling the sepsis therapeutics market growth over the forecast period.
North Americais projected to hold a prominent market share for the sepsis therapeutics market. The market growth is attributed to the presence of a larger patient pool and the increasing geriatric population. Additionally, well-established insurance policies in addition to the availability of advanced healthcare infrastructureis further propelling the demand for sepsis therapeutics further driving the market growth in the region.
Some of the key players in theSepsis Therapeutics Marketinclude -F. Hoffmann-La Roche Ltd, Pfizer Inc., GlaxoSmithKline Inc, Mylan N.V. , Allergan, Inc. are the major companies operating in Sepsis Therapeutics Market..