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Expanding Horizons: Rising Poison Incidents Drive Growth in the Antidotes Market || Pfizer Inc., Johnson & Johnson, Merck & Co., Bayer AG
Antidotes Market
The Business Research Company's Antidotes Global Market Report 2023 identifies the rise in the prevalence of medical conditions is expected to propel the growth of the antidotes market going forward. A medical condition is a disease, illness, or injury such as opioid poisoning, cyanide poisoning, or benzodiazepine poisoning that negatively affects the structure or function of all or part of an organism that can be treated or prevented with an antidote. Antidotes are employed to address or prevent poisoning and counteract the harmful effects of toxins. They function by binding to the poison, neutralizing it, or obstructing its adverse impacts on the body.
The antidotes market size has grown strongly in recent years. It will grow from $2.04 billion in 2023 to $2.23 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to poison control centers, regulatory approvals, industrial and occupational safety, education and training. The antidotes market size is expected to see strong growth in the next few years. It will grow to $3.27 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%.
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Major competitors in the antidotes market are Pfizer Inc., Johnson & Johnson, Merck & Co., Bayer AG, Novartis AG, Bristol Myers Squibb, Alexion Pharmaceuticals Inc., AstraZeneca PLC, Sanofi S.A., Eli Lilly and Company, Boehringer Ingelheim International GmbH.
A key trend in the antidotes market includes innovate with atropine sulfate injections to enhance treatment options. Major market players are concentrating on creating innovative products, such as atropine sulfate injections, to alleviate their market reach and provide better treatment options. Atropine sulfate injection is an antimuscarinic medication that works by inhibiting the action of acetylcholine at parasympathetic nervous system muscarinic receptors. For instance, in August 2022, American Regent Inc., a US-based pharmaceutical company engaged in sterile injectables for healthcare providers, launched an atropine sulfate injection, USP, a traditional injectable drug used as an antisialagogue, an antidote for organophosphorus poisoning or muscarinic mushroom poisoning and to treat bradyasystolic cardiac arrest.
Read More On The Global Antidotes Market Report Here: https://www.thebusinessresearchcompany.com/report/antidotes-global-market-report
The antidotes market is segmented -
1) By Type: Chemical Antidotes, Physical Antidotes, Pharmacological Antidotes, Other Types
2) By Route Of Administration: Injectable, Oral, Capsules And Tablets, Syrup
3) By Application: Animal Bites, Heavy Metal Poisoning
4) By End-User: Hospitals, Homecare, Specialty Clinics, Other End-Users
5) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the antidotes market.
The Business Research Company's "Global Antidotes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Antidotes Market Include:
1. Executive Summary
2. Antidotes Market Characteristic
3. Antidotes Market Trends And Strategies
4. Antidotes Market - Macro Economic Scenario
5. Antidotes Market Size And Growth
……………
27. Antidotes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Antidotes Market
29. Antidotes Market Future Outlook And Potential Analysis
30. Appendix
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