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2024 Global Encephalitis Treatment Market Size, Share, Trends And Growth Analysis Report | Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche, Merck & Co. Inc., AbbVie Inc.
"The new report published by The Business Research Company, titled Encephalitis Treatment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the encephalitis treatment market size has grown strongly in recent years. It will grow from $19.84 billion in 2023 to $21.09 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The encephalitis treatment market size is expected to see strong growth in the next few years. It will grow to $26.17 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%.
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Increasing Investment In Healthcare Infrastructure Boosts Encephalitis Treatment Market Growth
Rising investment in healthcare infrastructure is expected to propel the growth of the encephalitis treatment market going forward. Healthcare infrastructure refers to the facilities, resources and services that support the delivery of medical care to individuals and communities. These facilities consist of hospitals, clinics and medical laboratories equipped with modern technology and staffed by trained healthcare professionals. The healthcare infrastructure plays a critical role in treating encephalitis by providing access to specialized medical facilities, diagnostic tools and supportive care. For instance, in May 2023, according to the American Health Care Association, a US-based nonprofit organization, the number of hospitals in the US increased from 6,129 in 2021 to 6,093 in 2022. Furthermore, in May 2023, according to a report published by the Office for National Statistics, a UK-based government department, between 2020 and 2021, healthcare spending in the UK increased by 9.4% in nominal terms and 9.7% in real terms. Therefore, the rising investment in healthcare infrastructure is driving the growth of the encephalitis treatment market.
Leading Companies Drive Innovation In Encephalitis Treatment Market With Ticovac Vaccine
Major companies operating in the encephalitis treatment market are focused on developing innovative products and solutions to gain competitive advantages in the market. For instance, in August 2021, Pfizer Inc., a US-based pharmaceutical company, received approval from the United States Food and Drug Administration, a US-based federal agency, for the TICOVAC, or tick-borne encephalitis (TBE) vaccine. This protects individuals aged one and older from tick-borne encephalitis (TBE). It benefits those traveling or living where TBE is prevalent, including military personnel. TICOVAC is developed using a master virus that resembles the TBE virus that naturally occurs in nature. Since the sequencing and structure of the virus subtype are identical to those found in nature, it can cause antibodies to neutralize the natural TBE virus.
The encephalitis treatment market covered in this report is segmented -
1) By Disease Type: Primary Encephalitis; Secondary Encephalitis
2) By Treatment: Antiviral Agents; Steroid Injections; Antibiotics; Immunoglobulin Therapy; Plasmapheresis; Other Treatments
3) By Route of Administration: Oral; Parenteral; Other Routes Of Administrations
4) By Diagnosis: Imaging Tests; Blood Tests; Biopsy; Other Diagnosis
5) By End-User: Hospitals; Specialty Clinics; Other End-Users
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Major players in the encephalitis treatment market are Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche, Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Sanofi S.A., Bristol Myers Squibb, Abbott Laboratories, GlaxoSmithKline PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Amgen Inc., Teva Pharmaceutical Industries, Regeneron Pharmaceuticals, Aurobindo Pharma Limited, Hikma Pharmaceuticals PLC, Vir Biotechnology, Torrent Pharmaceuticals Ltd., Valneva SE, Sangamo Therapeutics, Xenon Pharmaceuticals, Tiziana Life Sciences, Vivet Therapeutics, Tetraphase Pharmaceuticals, QED Therapeutics.
Contents of the report:
1. Executive Summary
2. Encephalitis Treatment Market Report Structure
3. Encephalitis Treatment Market Trends And Strategies
4. Encephalitis Treatment Market - Macro Economic Scenario
5. Encephalitis Treatment Market Size And Growth
…..
27. Encephalitis Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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