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Anti-Venom Market Share 2022-2027: Industry Trends, Size, Growth, Report, Opportunity and Forecasts

08-19-2022 10:08 AM CET | Health & Medicine

Press release from: IMARC Group

Anti-Venom Market Share 2022-2027: Industry Trends, Size,

The latest research study "Anti-Venom Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that The global anti-venom market reached a value of US$ 1,023.40 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,544.40 Million by 2027, exhibiting a CAGR of 6.80% during 2022-2027.

Request a Free PDF Sample Copy for more detailed market insights: https://www.imarcgroup.com/anti-venom-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Industry Overview and Application :

Anti-venoms refer to purified antibodies that stop snake venom from binding to tissues and causing severe blood-clotting, allergic reactions, muscle injury, or nervous system problems. They are obtained from various animal species, such as funnel-web spiders, stonefish, snakes, redback spiders, box jellyfish, etc., using several technologies. The type of anti-venoms used generally depends on the history and examination of the patient and geographic, clinical, and pathologic factors. These antibodies prevent or reverse the snakebite envenoming effects, which aids in minimizing mortality and morbidity. As a result, anti-venoms find widespread applications in hospitals, clinics, medical, and ambulatory surgical centers.

Anti-Venom Market Trends and Drivers:

The escalating demand for safe, effective, and affordable antibodies, on account of the risk of snakebite envenoming, especially in the rural areas, causing occupational injury among agricultural workers and hunters, is primarily driving the anti-venom market.

Besides this, sleeping on the floor and open-plan housing, particularly in tropical regions, can expose people to bites from highly venomous and nocturnal snakes, which is further augmenting the market growth. Apart from this, the elevating prevalence of health problems, including paralysis that prevents breathing, bleeding disorders, kidney failure, severe local tissue destruction that can cause permanent disability, limb amputation, etc., is also catalyzing the global market.

Moreover, the introduction of detection kits with rapid enzyme immunoassay to identify snake poison in samples from urine, bite sites, plasma, blood, tissues, and body fluids is expected to bolster the anti-venom market in the coming years.

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Global Anti-Venom Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Bharat Serums and Vaccines Limited (BSV), Boehringer Ingelheim International GmbH, Boston Scientific Corporation, CSL Limited, Haffkine Bio-Pharmaceutical Corporation Limited, Incepta Pharmaceuticals Limited, Merck & Co. Inc., Merck KGaA, MicroPharm Limited, Pfizer Inc. and Rare Disease Therapeutics Inc.

The report has segmented the market on the basis of region, species, anti-venom type, mode of action and end user.

Breakup by Species:
• Snake
• Scorpion
• Spider
• Others

Breakup by Anti-venom Type:
• Polyvalent Anti-venom
• Monovalent Anti-venom

Breakup by Mode of Action:
• Cytotoxic
• Neurotoxic
• Haemotoxic
• Cardiotoxic
• Myotoxic
• Others

Breakup by End User:
• Hospitals
• Clinics
• Ambulatory Surgical Centers

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/anti-venom-market

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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