Press release
Global Rabies Treatment Market Mergers & Acquisitions by major Key Players as Sanofi, Merck & Co. Inc. , CSC Pharmaceuticals International , Pfizer, VBI Vaccines Inc.,etc
Market OverviewRabies 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 stated by the WHO that rabies infection is responsible for tens of thousands of deaths every year, especially, in Asia and Africa. 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.
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Notably, increasing population of stray dogs, monkeys and other rabid animals is the key factor driving the rabies treatment market. According to the WHO, Dogs are the main source of rabies infection and subsequent deaths, contributing to nearly 99% of all rabies transmissions to humans.
Segmental Analysis:
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.
Competitive Analysis:
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.
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Regional Analysis:
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
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