Sepsis Biomarkers Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Urine Biomarkers, Blood Biomarkers); Application (Diagnostics, Drug Discovery, Personalized Medicine, Others) and Geography
Report Code: TIPRE00023262 No. of Pages: 150 Category: Biotechnology Status: Upcoming
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MARKET OVERVIEW
Sepsis is an unusual systemic reaction caused by the body's response to an infection. It is a life-threatening medical emergency. Thus, an early diagnosis of sepsis helps to enable rapid treatment, improve outcomes, and reduce unnecessary antibiotic therapy. Biomarkers can be utilized to diagnose sepsis and allow early intervention, which, although primarily supportive, can reduce the risk of death. These biomarkers help in reducing the mortality rate associated with severe sepsis. Biomarkers are widely used in clinical practice to monitor the infectious process as they can indicate the presence or absence or severity of sepsis and differentiate bacterial from viral and fungal infection and systemic sepsis from a local infection. Presepsin appears to be the most promising biomarker for early diagnosis of sepsis.
MARKET SCOPE
The "Global Sepsis Biomarkers Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sepsis biomarkers market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading sepsis biomarkers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
MARKET DYNAMICS
Drivers
Restraints
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The sepsis biomarkers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sepsis biomarkers market in these regions.
IMPACT OF COVID-19 ON SEPSIS BIOMARKERS MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The surge in hospital admission has increased the risk of hospital-acquired infection. A biomarker like Procalcitonin (PCT) plays a vital role in urgent, life-saving early sepsis management. PCT has emerged as a biomarker to aid sepsis diagnosis and improve the clinical assessment of patients. Other sepsis biomarker includes blood lactate measurements, CRP, etc. The usual complications associated with COVID-19 include pneumonia, sepsis or systemic inflammation, and so on. The monitoring of COVID-19 patients takes place by testing biomarkers like CRP, IL6, PCT, and Lactate to assess disease severity and progression and monitor therapeutic intervention. COVID-19 has increased the overall risk of sepsis among the global population that can lead to organ damage. It is shown that elevated PCT levels are positively associated with the severity of COVID-19. Hence, owing to the high susceptibility to the disease, the sepsis biomarker market may witness growth in the future.
The report covers key developments in the sepsis biomarkers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from sepsis biomarkers market are anticipated to have lucrative growth opportunities in the future with the rising demand for sepsis biomarkers in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sepsis biomarkers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Sepsis is an unusual systemic reaction caused by the body's response to an infection. It is a life-threatening medical emergency. Thus, an early diagnosis of sepsis helps to enable rapid treatment, improve outcomes, and reduce unnecessary antibiotic therapy. Biomarkers can be utilized to diagnose sepsis and allow early intervention, which, although primarily supportive, can reduce the risk of death. These biomarkers help in reducing the mortality rate associated with severe sepsis. Biomarkers are widely used in clinical practice to monitor the infectious process as they can indicate the presence or absence or severity of sepsis and differentiate bacterial from viral and fungal infection and systemic sepsis from a local infection. Presepsin appears to be the most promising biomarker for early diagnosis of sepsis.
MARKET SCOPE
The "Global Sepsis Biomarkers Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sepsis biomarkers market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading sepsis biomarkers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global sepsis biomarkers market is segmented into urine biomarkers and blood biomarkers.
- On the basis of application, the market is bifurcated into diagnostics, drug discovery, personalized medicine and others.
MARKET DYNAMICS
Drivers
- Increasing incidence of sepsis and the need for early detection drive the sepsis biomarkers market.
- Increasing diagnostic applications of biomarkers fuel the market growth.
- Increasing R&D funding from pharmaceutical and biotech companies propels market growth.
Restraints
- Lack of gold standard for sepsis diagnosis (cultures often negative).
- Lack of proper testing for a biomarker to assess reliability and validity.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The sepsis biomarkers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sepsis biomarkers market in these regions.
IMPACT OF COVID-19 ON SEPSIS BIOMARKERS MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The surge in hospital admission has increased the risk of hospital-acquired infection. A biomarker like Procalcitonin (PCT) plays a vital role in urgent, life-saving early sepsis management. PCT has emerged as a biomarker to aid sepsis diagnosis and improve the clinical assessment of patients. Other sepsis biomarker includes blood lactate measurements, CRP, etc. The usual complications associated with COVID-19 include pneumonia, sepsis or systemic inflammation, and so on. The monitoring of COVID-19 patients takes place by testing biomarkers like CRP, IL6, PCT, and Lactate to assess disease severity and progression and monitor therapeutic intervention. COVID-19 has increased the overall risk of sepsis among the global population that can lead to organ damage. It is shown that elevated PCT levels are positively associated with the severity of COVID-19. Hence, owing to the high susceptibility to the disease, the sepsis biomarker market may witness growth in the future.
The report covers key developments in the sepsis biomarkers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from sepsis biomarkers market are anticipated to have lucrative growth opportunities in the future with the rising demand for sepsis biomarkers in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sepsis biomarkers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Thermo Fisher Scientific
- Merck
- QIAGEN
- Roche
- Abbott
- Bio-Rad Laboratories
- Siemens Healthcare
- GenMark Diagnostics
- T2 Biosystems
- Immunexpress
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.