Press release
Rabies Treatment Market To Grow At a CAGR of 4.5% By 2023 | By Sanofi, Merck & Co, CSC Pharmaceuticals International, Pfizer, Etc
Market Research Future published a research report on Global Rabies Treatment Market and predicts that Global Rabies Treatment Market is expected to grow at a healthy CAGR of 4.5% during the forecasted period and report include market Analysis, Scope, Stake, Progress, Trends and forecast till 2023.Rabies is a deadly virus that usually spreads from the saliva of infected/rabid animals. Animals that are most likely to transmit rabies include bats, raccoons, coyotes, foxes, and skunks. In developing countries, stray dogs are the most likely to get infected with rabies. It is estimated that Global Rabies Treatment Market is expected to grow at a CAGR 4.5% during the forecast period of 2017-2023.
Signs and symptoms of rabies include headache, nausea, vomiting, confusion, hyperactivity, difficulty in swallowing, agitation, anxiety, hallucinations, insomnia, partial paralysis, hydrophobia (fear of water), and excessive salivation. Rabies virus basically infects the central nervous system and salivary glands which ultimately leads to death. Treatment by vaccination is the best and most effective method in treating as well as preventing rabies. One of the approved and effective methods against rabies is when inactivated rabies vaccine is combined with rabies immunoglobulin. Rabies is diagnosed by detecting proteins present on the surface of rabies virus using samples of blood, saliva samples, and skin.
Various other factors such as, production of contamination-free vaccines using novel culture media, regulatory examinations, and conduction of awareness program by government continuously motivate marketers to come up with new drugs, and vaccines to treat rabies. Sanofi and Novartis are the key players in the Global Rabies Treatment Market. Both the companies manufacture prophylactic vaccines. Sanofi develops, and markets Imovax Rabies vaccine whereas Novartis manufactures RabAvert vaccine.
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Key Players for Global Rabies Treatment Market
Some of key the players in the Rabies Treatment Market are Sanofi (France), Merck & Co. Inc. , CSC Pharmaceuticals International , Pfizer (U.S.), VBI Vaccines Inc. (U.S.), Taj Pharmaceuticals Limited (India), Bio Med Pvt. Ltd., Bavarian Nordic(U.S.), Solvay(U.S.), Informa plc.(U.S.) and others.
Segments for Global Rabies Treatment Market
The Rabies Treatment Market is segmented on the basis of type of rabies, type of treatment, and end users.
On the basis of type of rabies, market is segmented into furious rabies, paralytic rabies and others
On the basis of type of treatment, market is classified into rabies immunoglobin vaccine, bran tissue vaccine, tissue culture and others.
On the basis of end-users, market is segmented into hospitals, clinics, epidemic prevention centres and others.
Regional Analysis for Global Rabies Treatment Market
On the regional basis, the market is segmented into America, Europe, Asia Pacific and the Middle East & Africa.
The Americas dominate the Rabies Treatment Market owing to the remarkable use of the vaccine for preventing diseases and favorable conditions for research and development. In America, rabies vaccination programs have eliminated domestic dogs as reservoirs of rabies virus. According to the data suggested by Centers for Disease Control and Prevention, an estimated health costs associated with rabies disease detection, and control have risen, exceeding $300 million annually.
Europe is the second largest market for Rabies Treatment Market followed by Asia Pacific. Owing to the availability of funds for research and development activities and growing emphasis on research for treating diseases. Asia Pacific shows the fastest growth in this market due to an increase in prevalence of communicable diseases. Particularly, India and China are expected to be an emerging and the fastest growing market.
The Middle East & Africa has the lowest market for rabies treatment due to lack of technical knowledge and poor medical facilities.
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Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
TOC Continued…
LIST OF TABLES
Table 1 Rabies Treatment Industry Synopsis, 2017 – 2023
Table 2 Rabies Treatment Market Estimates And Forecast, 2017 – 2023, (USD Million)
Table 3 Rabies Treatment Market By Region, 2017 – 2023, (USD Million)
Table 4 Rabies Treatment Market By Types, 2017 – 2023, (USD Million)
Table 5 Rabies Treatment Market By Treatment, 2017 – 2023, (USD Million)
Table 6 Rabies Treatment Market By End Users, 2017 – 2023, (USD Million)
Table 7 North America Rabies Treatment Market By Types, 2017 – 2023, (USD Million)
Table 8 North America Rabies Treatment Market By Treatment, 2017 – 2023, (USD Million)
Table 9 North America Rabies Treatment Market By End Users, 2017 – 2023, (USD Million)
Continued…
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