Mortality from COVID-19 Sepsis Opens Need for Wealth of Potential Revenues in Sepsis Treatment Market, Valuation to Touch US$ 1.6 Bn by 2031: TMR

ALBANY, N.Y., April 28, 2021 /PRNewswire/ -- Sepsis is major causes of morbidity and mortality in critically ill patients. Over the years, the understanding of molecular pathobiology and immunology of sepsis has expanded remarkably over decades, paving way to new avenues in the sepsis treatment market. Adoption of risk mitigation therapeutic approaches, most notably with continuous renal replacement therapy (CRRT), has expanded the outlook of the market. The focus on reducing the risk of bleeding has brought advances in intermittent hemodialysis (IHD) for ICU patients, thereby paving way to better outcomes in the sepsis treatment market. Further, ongoing research on the diagnostic markers, reinforced by positive regulatory landscape, has enriched the value chain. A case in point is ML-based sepsis detection. The changing global epidemiological burden of sepsis undergoing constant changes is expected to shape the contours of the sepsis treatment market.

The global valuation of the market was pegged at US$ 600 Mn in 2020, and is projected to climb to US$ 1.6 Bn by 2031-end.

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Key Findings of Sepsis Treatment Market Study

• Need for Managing COVID-19 Pneumonia Expands Market Outlook

The mortality from multiple organ failure (MOF) in COVID-19 has propelled the need for treatment avenues in the management of severe COVID-19. The infections arising out of COVID-19 pneumonia are similar to some forms of sepsis, and may be of bacterial and fungal origin apart from viral infections. This has encouraged the development of new therapeutic approaches for preventing organ failure and the causative factor endothelial dysfunction. In recent months, the rise in mortality rates from the disease caused by SARS-CoV-2 has expanded the canvas for players.

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• Need for Safe and Effective Sepsis Management in Intensive Care Units Rise

Growing uptake of Continuous Renal Replacement Therapy (CRRT) in ICUs has spurred the demand for sepsis management. There is also a substantial demand for intermittent hemodialysis (IHD) in patient population. New heparin-free RRT anticoagulation strategies for patients is expected to enrich the value chain of the sepsis treatment market. Advancements in hypothermia monitoring and other risks in CRTT have expanded the avenue for industry players.

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• Interpersonal Approaches for Continuous Renal Replacement Therapy (CRRT) Gather Momentum

Some notable advances have been taken place in interprofessional strategies to provide safe and efficient CRRT in patient populations. Various risks are being carefully evaluated in any such strategy. This will help reduce mortality in critically ill patients. Further, in recent years there has been relentless focus on incorporating responsible and carefully-planned machine learning (ML) technologies in diagnosis and therapies for the care of sepsis patients. The trend has paved way for innovations in the market.  

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Sepsis Treatment Market: Key Driving Factors and Avenues

• Marked incidence of severe sepsis and septic shock, along with the growing awareness about the treatment options, is a key driver for expansion of avenues
• Rise in mortality rates of sepsis in some developed nations is a key driver for advancing therapeutics and the standard of care
• Growing number of product launches and rise in research and product development investments in the pathophysiology of sepsis are bolstering the revenue prospects

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Sepsis Treatment Market: Regional Dynamics

• North America and Asia Pacific are lucrative regions
• High awareness about the various sepsis infections and presence of robust healthcare infrastructure are underpinning factors
• Opportunities in Asia Pacific are projected to rise at promising growth rate during the forecast period
• Incidence of sepsis-related disorders has spurred need for better management of the conditions, thereby boosting the regional market

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Sepsis Treatment Market: Key Players

• Toray Industries
• Merck & Co., Inc.
• Medica SPA
• Medtronic plc
• B. Braun Group
• Nipro Corporation
• Baxter International, Inc.

Explore Transparency Market Research's award-winning coverage of the global Healthcare Industry:

Continuous Renal Replacement Therapy Market: https://www.transparencymarketresearch.com/continuous-renal-replacement-therapy-market.html

Clinical Trials Market: https://www.transparencymarketresearch.com/clinical-trials-market.html

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