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Global Encephalitis Treatment Market to Reach $27.85 Billion by 2029, Growing at 5.6% CAGR
What industry-specific factors are fueling the growth of the encephalitis treatment market?The investment growth in healthcare infrastructure is anticipated to boost the advance of the encephalitis treatment market. Healthcare infrastructure, essentially, encompasses the resources, facilities, and services that facilitate the provision of health services to people and communities. Modern hospitals, clinics and medical laboratories staffed by skilled healthcare workers constitute this infrastructure. It plays a vital role in treating encephalitis by offering specialized medical services, diagnostic equipment, and palliative care. As an example, the American Health Care Association reported in May 2023 that the total number of hospitals in the U.S rose from 6,129 in 2021 to 6,093 in 2022. As such, the expansion of healthcare infrastructure is a key driver of the growth of the encephalitis treatment market. Encephalitis Treatment Market Driver: Surge in Neuroinvasive Disease Cases Boosts Encephalitis Treatment Market Growth
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What Is the projected market size and growth rate for the encephalitis treatment market?
The market size of encephalitis treatment has seen a robust growth in the past few years. It is set to escalate from $21.09 billion in 2024 to $22.38 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.1%. Factors contributing to this growth during the previous period include high occurrence of encephalitis, the spread of viral or bacterial infections, increasing government initiatives, and a growing demand for vaccines that prevent encephalitis.
In the coming years, the encephalitis treatment market is predicted to experience robust growth. Its size could reach up to $27.85 billion in 2029, growing at a compound annual growth rate of 5.6%. Factors contributing to this growth over the forecast period include increased healthcare spending, the rising popularity of physical therapy, an aging population, and enhanced awareness about encephalitis treatment. Significant trends projected for this period involve the use of advanced diagnostic instruments, the application of artificial intelligence and machine learning in diagnosing and treating encephalitis, the formulation of personalized medications, the high demand for preventive encephalitis vaccines, and supportive cares.
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What trends are poised to drive the future success of the encephalitis treatment market?
Key players in the encephalitis treatment market are focusing on strategic investments to fast-track the creation of innovative treatment therapies, strengthen their research and development sectors, and further clinical trials. For example, Arialys Therapeutics, a preclinical-stage company based in the U.S., acquired $58 million in seed funding in September 2023. This funding will aid in the progression of their premier candidate, ART5803, purposed for the treatment of anti-NMDA receptor encephalitis (ANRE), a common type of autoimmune encephalitis. The company anticipates starting clinical trials with healthy participants by the end of 2024 and with ANRE patients at the beginning of 2025. Arialys is committed to the creation of precision therapies that directly target disease-causing antibodies influencing the central nervous system.
What major market segments define the scope and growth of the encephalitis treatment market?
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
Subsegments:
1) By Primary Encephalitis: Viral Encephalitis, Bacterial Encephalitis, Fungal Encephalitis, Parasitic Encephalitis
2) By Secondary Encephalitis: Post-Infectious Encephalitis, Autoimmune Encephalitis, Encephalitis Due To Systemic
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Which region dominates the encephalitis treatment market?
North America was the largest region in the encephalitis treatment market in 2024. The regions covered in encephalitis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Which key market leaders are driving the encephalitis treatment industry growth?
Major companies operating 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.
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What Is Covered In The Encephalitis Treatment Global Market Report?
• Market Size Forecast: Examine the encephalitis treatment market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the encephalitis treatment market for a structured understanding.
• Key Players Overview: Analyze major players in the encephalitis treatment market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the encephalitis treatment market.
• Segment Contributions: Evaluate how different segments drive overall growth in the encephalitis treatment market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the encephalitis treatment market.
• Industry Challenges: Identify potential risks and obstacles affecting the encephalitis treatment market.
• Competitive Landscape: Review strategic developments in the encephalitis treatment market, including expansions, agreements, and new product launches.
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