Press release
Anthim Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
How Are the key drivers contributing to the expansion of the anthim market?The increased occurrence of bacterial infections is anticipated to spur the expansion of the anthim market. These infections are ailments instigated by detrimental bacteria that intrude on the body, multiply, and generate toxins. The upsurge in these infections is a result of overuse of antibiotics, global travel, urbanization, inadequate hygiene, and healthcare-related infections. Anthim (obiltoxaximab) is employed in the medication of anthrax, a bacterial infection triggered by Bacillus anthracis. It counteracts the anthrax toxin, preventing its entry into cells and reducing its destructive effects. For instance, as reported by the Switzerland-based World Health Organization (WHO) in December 2023, suspected anthrax cases in Zambia escalated from 42 cases between September 2022 and January 2023 to 684 by November 20, 2023. This included four fatalities (0.6% CFR), spread across 44 districts in nine out of ten provinces of the country. Hence, the surge in bacterial infections propels the growth of the anthim market.
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What growth opportunities are expected to drive the anthim market's CAGR through 2034?
In recent years, the anthim market has seen a significant growth. It is expected to expand from a size of $3,994.45 million in 2024 to $4,300.44 million in 2025, reflecting a compound annual growth rate (CAGR) of 7.7%. This previous growth can be attributed to various factors including government initiatives targeted at emergency stockpiling, advancements in the development of monoclonal antibodies, an increased global attention on biological threats and a growing demand for novel therapeutic strategies for managing infectious diseases.
In the forthcoming years, the anthim market is anticipated to experience robust growth, with projections estimating a rise to $5,715.28 million by 2029, given a compound annual growth rate (CAGR) of 7.4%. This forecasted growth can be linked to improvements in monoclonal antibody production, development of healthcare infrastructure in emerging markets, and a global increase in understanding strategies to mitigate biological threats. Key trends expected during the forecast period are advancements in biopharmaceutical studies, the growth of public-private collaborations in biodefense initiatives, increasing geographical diversification in drug manufacturing, and a focus on simplified regulatory processes to speed up the drug approval procedures.
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What are the emerging trends shaping the future of the anthim market?
One significant trend in the anthem market involves the use of strategic global contract methods such as public-private partnerships (PPPs) to bolster technological incorporation and broaden market reach. PPPs involve a cooperative venture between government entities and private pharmaceutical firms to jointly finance, investigate, and distribute medical therapies or drugs, often in response to public health necessities or to spur innovation. For instance, in April 2022 Heat Biologics, Inc., a biotechnology firm based in the US, via its subsidiary Elusys Therapeutics, a US-based pharmaceutical firm, procured a contract worth $5.65 million (CAD $7.9 million) from the Canadian government. This contract was to supply ANTHIM, an inhalation anthrax treatment, to the National Emergency Strategic Stockpile. This stands as the first international procurement of ANTHIM, aimed at dealing with anthrax biothreats amidst worldwide geopolitical issues. This contract pertains specifically to the supply of ANTHIM (obiltoxaximab), a monoclonal antibody treatment for inhalational anthrax, a severe infectious disease caused by Bacillus anthracis spores.
Which growth-oriented segments of the anthim market are leading the industry's development?
The anthimmarket covered in this report is segmented -
1) By Type: Adult; Children
2) By Clinical Indications: Inhalational Anthrax Treatment; Post-Exposure Prophylaxis (PEP) For Inhalational Anthrax; Use In Pediatric And Adult Populations
3) By Application: Hospital; Drugs Store; Other Applications
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What regions are leading the charge in the anthim market?
North America was the largest region in the anthim market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anthim market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the anthim market?
Major companies operating in the anthim market include Elusys Therapeutics Inc, Hikma Pharmaceuticals
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What Is Covered In The Anthim Global Market Report?
•Market Size Forecast: Examine the anthim market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the anthim market for a structured understanding.
•Key Players Overview: Analyze major players in the anthim market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the anthim market.
•Segment Contributions: Evaluate how different segments drive overall growth in the anthim market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the anthim market.
•Industry Challenges: Identify potential risks and obstacles affecting the anthim market.
•Competitive Landscape: Review strategic developments in the anthim market, including expansions, agreements, and new product launches.
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