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Anthrax Market Size & Shares, Strategies and Forecast Worldwide, 2017 - 2025

05-11-2018 08:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Anthrax Market Size & Shares, Strategies and Forecast

" Anthrax Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" is the latest addition to MarketResearchReports.Biz industry research reports collection.

The objectives of this study are as follows:

To define, describe, and forecast the "Anthrax" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Anthrax is a lethal disease affecting humans as well as animals such as goat, sheep, horses, and cattle. The causative agent is a gram positive, rod shaped bacterium Bacillus anthracis. Anthrax can spread through three main routes which include aerial route, digestive route and contact through skin. Common symptoms in human beings for respiratory infection include pneumonia and severe respiratory collapse. Gastrointestinal infection is associated with symptoms such as vomiting, severe diarrhea, loss of appetite and digestive tract infections. Anthrax skin infection develops an ulcer with black center called as eschar which is a painless necrotic patch. This form of disease is not fatal if proper treatment is provided. Diagnosis of anthrax infection is done through X-ray and CT scan of lungs, biopsy skin test and blood test for anthrax antigens. Chemiluminescence and Enzyme Linked Immunosorbent Assay (ELISA) based kits are available for diagnosis of anthrax. Anthrax has gained popularity because of its use in bioterrorism. Since long the spores of anthrax have been used for mass infection and in biological warfare. This has led countries across the world to spread awareness about the disease, and also be prepared for any biological attack. In light of past events, as a precaution, the U.S. Postal Service has also installed a biohazard detection system at major distribution centers in order to actively scan for anthrax spores being transported via mail.

Anthrax can be cured if treated in early stages of infection. Cutaneous or skin infection can be treated with common antibiotics such as ciprofloxacin, erythromycin, tetracycline, and penicillin. There is only one vaccine for treating anthrax which is FDA approved. BioThrax manufactured by Emergent BioSolutions, Inc. is provided as pre exposure protection from anthrax infections. Elusys Therapeutics is conducting clinical trials for ETI- 204 for inhalational anthrax. Currently the study (NCT01932437) is under phase I clinical trial. In 2012, U.S. FDA approved drug for treatment of anthrax which is manufactured by GlaxoSmithKline. Raxibacumab, a human IgG1? monoclonal antibody can be prescribed to adults as well as pediatrics with inhalational anthrax. Various governments are also backing research for anthrax with funding and grants.

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PharmAthene, Inc. announced in 2010 that the Department of Health and Human Services (HHS) modified the development contract with the company by providing up to USD 78.4 million for development of anthrax vaccine SparVax. SparVax is sub unit vaccine, which comprises of a recombinant protein manufactured in E.coli. Currently the study is in phase II clinical trial. The company is also trying to develop an anti toxin under the brand name Valortim. Valortim is a human monoclonal antibody which targets PA a component of anthrax toxin. By targeting PA, Valortim is believed to protect healthy cells from being damaged by the toxins. Currently the study is under phase I clinical trial.

As majority of the studies are under phase II or phase I trials, outcome of such studies cannot be ascertained. With a keen eye on anthrax infection in humans by government, and existence of few market players have restricted the market growth. Although the treatment for skin infection is cost effective, inhalational and gastrointestinal anthrax treatment is expensive. Moreover the market for anthrax is concentrated to countries under threat for terrorist attacks. The market for diagnosis of anthrax also holds potential in rural areas for diagnosis of cutaneous anthrax, where animal breading is widely practiced.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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