Antivenom Market Opportunities 2023-2030 | Pfizer, Merck, CSL
According to HTF Market Intelligence, the Global Antivenom market to witness a CAGR of 8.54% during forecast period of 2023-2028. The market is segmented by Global Antivenom Market Breakdown by Application (Snake Bites, Scorpion Stings, Spider Bites, Other Venomous Bites And Stings) by Type (Equine-Derived Antivenom, Ovine-Derived Antivenom) by By Distribution Channels (Hospitals, Clinics, Offline Retail Pharmacies, Online Pharmacies) by By End-User (Hospitals, Clinics, Individuals) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Antivenom market size is estimated to increase by USD 521 Million at a CAGR of 8.54% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 1023.40 Million.
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The antivenom market refers to the global market for drugs and therapies that are used to treat venomous bites and stings from snakes, spiders, scorpions, and other venomous animals. Antivenom is a biological product that is derived from animal antibodies and is used to neutralize the venom of these animals. The antivenom market includes the production, distribution, and sales of these products, as well as the research and development of new and improved antivenom therapies. The market also includes diagnostic tests that are used to identify the type of venom that has caused an envenomation, as well as supportive therapies that are used to manage the symptoms of envenomation. The antivenom market is an important part of global public health, as venomous bites and stings are a significant cause of morbidity and mortality in many parts of the world.
Antivenom market – Key Segment Analysis
The market share growth by the Snake Bites, Scorpion Stings, Spider Bites, Other Venomous Bites And Stings segment will be significant during the forecast period. The segment is driven by the Increasing Cases of Snake Bites, and Scorpion Bites.
Antivenom market – Competition Analysis
The global Antivenom market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Pfizer (USA), Merck & Co. (USA), CSL Limited (Australia), BTG plc (UK), Bharat Serums and Vaccines Ltd. (India), Rare Disease Therapeutics, Inc. (USA), Haffkine Bio-Pharmaceutical Corporation Ltd. (India), Instituto Bioclon (Mexico), Incepta Pharmaceuticals Ltd. (Bangladesh), Vins Bioproducts Limited (India), Protherics PLC (UK), MicroPharm Limited (UK), Sanofi (France), Serum Institute of India (India), Inno Biologics Sdn Bhd (Malaysia).
Antivenom market – Geographical Outlook
Asia Pacific will provide maximum growth opportunities in Antivenom market. According to our research, the region will account for xx% of the global market growth during the forecast period. The market in Asia Pacific is driven by Rising Government Initiative in order to promote the High Quality antivenom treatment.
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What key data is demonstrated in this Antivenom market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the Antivenom market between 2023 and 2028
- Precise estimation of the size of the Antivenom market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle Eastand Africa; further broken down by major country within region.
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Antivenom market players
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Some Extracts from Table of Content
Some Extracts from Table of Content
– Overview of Antivenom Market
– Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
– Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
– Antivenom Size (USD & Sales Volume) Comparison by Type (2017-2028)
– Antivenom Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
– Antivenom Size (Value & Volume) Comparison by Region (2017-2028)
– Market Capacity, Production, Export-Import by Region (2017-2022E)
– Antivenom Market Sales, Revenue and Growth Rate (2017-2028)
– Competitive Situation and Trends
– Market Positioning and Share Analysis (2020-2022E)
– Suppliers High-Performance Operational Base Distribution
– Analyse competitors, Profiles, Sales Area, Product Category
– Antivenom Cost Analysis
– Marketing Strategy Analysis
– Research Conclusions
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