Market Size of Global Sepsis Therapeutics Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 7.60 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Sepsis Therapeutics Market Analysis
The sepsis therapeutics market is projected to register a CAGR of 7.6% over the forecast period.
The COVID-19 pandemic affected the treatment and diagnostics procedures other than COVID-19 which had a significant impact on the studied market. The COVID-19 virus was also added to the list of pathogens that cause sepsis. For instance, an article titled "Parallels in Sepsis and COVID-19 Conditions: Implications for Managing Severe COVID-19" published in Frontiers in Immunology Journal in February 2021 stated that both SARS-CoV-2 infection and sepsis shared many pathophysiological and clinical features. Managing COVID, in the beginning, followed the sepsis management guidelines. Most patients who were critically ill with COVID-19 developed sepsis, a significant threat to their survival. Overall, the COVID-19 pandemic is anticipated to have had a positive impact on the market studied.
Sepsis can result from an infection anywhere in the body, such as pneumonia, influenza, or urinary tract infections. The COVID-19 pandemic increased surveillance of the infectious virus among people. Various countries, along with testing for COVID-19 in the test sample given by the symptomatic patient, were also testing for influenza virus, which is a major reason of sepsis. The increased diagnosis of bacterial and viral infection is expected to affect the market in a positive way, as people became aware about the sepsis therapeutics and company activities also increased. Hence COVID-19 viral infection worldwide is bolstering the need to expedite the research and development activities to develop sepsis therapeutics and ultimately augmenting the market growth.
In addition, the increasing incidence of sepsis, high prevalence of sepsis in infants, and rise in the number of pipeline products, and a surge in research and development expenditures are actively affecting the growth of the studied market.
The engagement of pharmaceutical companies and healthcare institutions in research and development activities to develop a noval treatment for sepsis is projected to augment the market growth. For instance, in October 2021, Matinas BioPharma initiated dosing in phase 1 study of one of the first oral aminoglycoside antibiotic drugs MAT2501. The surge in clinical trial activities is likely to augment the market growth.
Additionally, the funding by the government to expedite research activities for sepsis management is likely to create awareness about the disease among the population and ultimately boost market growth. For instance, according to the Canadian Institutes of Health Research July 2020 report, the Government of Canada invested USD 5.7 million to support Sepsis Canada, a new national research network that is expected to improve the treatment and recovery of sepsis patients. 190 clinicians, scientists, and patient representatives from all over Canada came together as part of Sepsis Canada. Such initiatives are anticipated to augment the market growth.
Therefore, owing to the abovementioned factors, the studied market is anticipated to witness growth over the analysis period. however, a lack of an initial diagnostic test for identifying sepsis conditions and a lack of awareness are likely to impede the market growth.
Sepsis Therapeutics Industry Segmentation
As per the scope of the report, sepsis occurs when the body's response to an infection injures its own tissues and organs, potentially leading to death or significant morbidity. The sepsis therapeutics market is segmented by Drug Class (Aminoglycosides, Cephalosporin, Glycopeptide Antibiotics, and Others), Route of Administration (Intravenous and Oral), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.
By Drug Class | |
Aminoglycosides | |
Cephalosporin | |
Glycopeptide Antibiotics | |
Other Drug Classes |
By Route of Administration | |
Intravenous | |
Oral |
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Global Sepsis Therapeutics Market Size Summary
The sepsis therapeutics market is poised for significant growth, driven by a combination of factors including the increasing incidence of sepsis, heightened awareness due to the COVID-19 pandemic, and robust research and development activities. The pandemic has inadvertently bolstered the market by integrating COVID-19 as a pathogen contributing to sepsis, thereby increasing the focus on diagnostics and treatment. This has led to a surge in the diagnosis of bacterial and viral infections, further propelling the demand for sepsis therapeutics. The market is also witnessing a rise in pipeline products and increased funding for research, which is expected to enhance treatment options and awareness. Pharmaceutical companies and healthcare institutions are actively engaged in developing novel treatments, with clinical trials and government support playing a crucial role in market expansion.
North America is anticipated to dominate the sepsis therapeutics market due to its high prevalence of sepsis, advanced healthcare infrastructure, and the presence of key industry players. The region's market growth is further supported by significant disease spending and a large patient pool. The competitive landscape is slightly consolidated, with major companies like F. Hoffmann-La Roche Ltd, Pfizer Inc., and GSK Plc leading the market. Recent developments, such as acquisitions and product approvals, are expected to drive segment growth. Initiatives like the Sepsis Innovation Collaborative aim to enhance early diagnosis and develop better therapies, contributing to the market's positive outlook. Despite challenges like a lack of initial diagnostic tests and awareness, the market is set to witness substantial growth over the forecast period.
Global Sepsis Therapeutics Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Incidence of Sepsis
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1.2.2 High Prevalence of Sepsis in Infants
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1.2.3 Rise in the Number of Pipeline Products and Upsurge in Research and Development Expenditures
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1.3 Market Restraints
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1.3.1 Lack of Initial Diagnostic Test for identifying Sepsis Conditions and Lack of Awareness
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Drug Class
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2.1.1 Aminoglycosides
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2.1.2 Cephalosporin
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2.1.3 Glycopeptide Antibiotics
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2.1.4 Other Drug Classes
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2.2 By Route of Administration
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2.2.1 Intravenous
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2.2.2 Oral
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle-East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle-East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Global Sepsis Therapeutics Market Size FAQs
What is the current Global Sepsis Therapeutics Market size?
The Global Sepsis Therapeutics Market is projected to register a CAGR of 7.60% during the forecast period (2024-2029)
Who are the key players in Global Sepsis Therapeutics Market?
Pfizer Inc., F. Hoffmann-La Roche Ltd, Viatris Inc (Mylan Inc.), GSK Plc and AbbVie Inc. (Allergan Pharmaceuticals International Limited) are the major companies operating in the Global Sepsis Therapeutics Market.