Guardians of Health: Unraveling the Impact and Innovation of Human Rabies Vaccines

TRabies is typically characterized as a severe disease that is caused by the rabies virus. The humans are most likely to be infected through animal bites such as dogs, cats, bats, and other mammals. The central nervous system is affected by the rabies virus which causes severe impact to the brain and may ultimately cause death in serious cases. The major symptoms include anxiety, hallucination, insomnia, hydrophobia, paralysis hyper salivation, and others. Henceforth, early prevention from the rabies is vital with the help of vaccines.

Data Bridge Market Research analyses a growth rate in the human rabies vaccines market in the forecast period 2023-2030. The expected CAGR of the human rabies vaccines market tends to be around 4.7% in the mentioned forecast period.

Global Human Rabies Vaccines Market Dynamics
Drivers

Rise In The Incidence Of Rabies
The incidence of rabies is leading to a growth in the vaccine production which boosts the growth of the market. For instance, in the U.S., rabies from early 1960 to 2000 was insignificant, and a sudden rise resulted in 100 cases yearly. Although the fatalities were rare, lack of awareness towards rabies is proving to be a huge risk. From 1960 to 2018, 127 cases of rabies were stated in U.S. from dog bites and bat bites. However in Asia, rabies is a major burden, resulting for almost 35,000 deaths, fatalities caused by rabies in India are 55%.

Increasing Technological Developments of Vaccines
There are various technological developments that are associated with the market which boost the growth of the market. For instance, in February 2018, BioNote, Inc., a South Korean veterinary diagnostic company that is operating in rabies diagnostics, announced the launch of a new immune-fluorescent device, Vcheck, that can measure diagnostic result values along with the help of fluorescent materials that helps in detecting the zoonotic disease in animals. Thus, these factors are expected to fuel the market growth in the coming years.

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Competitive Landscape and Global Human Rabies Vaccines Market Share Analysis
The human rabies vaccines market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to human rabies vaccines market.

Key players operating in the human rabies vaccines market include:
• Serum Institute of India Pvt. Ltd (India)
• Novartis AG (Switzerland)
• Cadila Pharmaceuticals (India)
• Merck & Co., Inc. (U.S.)
• Sanofi (France)
• ADS Diagnostic Ltd (India)
• GSK plc (U.K.)
• Berna Biotech Pharma GmbH (Switzerland)
• AstraZeneca (U.K.)

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