Press release
Monovalent Antivenom Market May See a Big Move | Major Giants- Sera e vacinas, Instituto Bioclon
HTF MI recently introduced Global Monovalent Antivenom Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market size (2024-2031). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence.The Major Players Covered in this Report: Instituto Bioclon (MX), Bharat Serums and Vaccines (IN), Instituto Butantan (BR), Thai Red Cross Society (TH), Sera e vacinas (BR), Instituto de Salud Publica de Mexico (MX), Instituto Clodomiro Picado (CR), Instituto de Fomento Industrial (CO), Instituto de Investigaciones de la Yerba Mate (AR).
According to HTF MI, the Global Monovalent Antivenom market is projected to grow from USD 1 billion in 2024 to USD 2 billion by 2032, at a CAGR of 14%. from 2025 to 2031.
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Definition:
Monovalent antivenom is a specific type of antivenom designed to treat envenomation from a single species of venomous snake or animal. It is produced by immunizing animals, typically horses or sheep, with purified venom from that specific species. The animal's immune system produces antibodies against the venom components. These antibodies are then collected from the animal's blood, purified, and processed into the antivenom. Due to its species-specific nature, monovalent antivenom is highly effective against the venom it targets but will not neutralize venom from other species, requiring accurate species identification for appropriate use.
Market Trends:
Development of more specific, high-purity antivenoms, improved stability and shelf life
Market Drivers:
Rising snakebite incidents in certain regions, need for specific and effective antivenoms
Market Challenges:
Limited availability in remote areas, high production costs, risk of allergic reactions, regulatory hurdles
Market Opportunities:
Developing broad-spectrum and region-specific antivenoms, improving storage and administration
Market Development Strategies:
On June 2024, UK-based MicroPharm bought Sanofi Pasteur, a global biologics company and supplier of antivenom products, that further expands its portfolio of vaccines and biologics.
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The titled segments and sub-sections of the market are illuminated below:
In-depth analysis of Monovalent Antivenom market segments by Types: Snake Antivenom, Scorpion Antivenom, Spider Antivenom, Marine Animal Antivenom, Insect Antivenom
Detailed analysis of Monovalent Antivenom market segments by Applications: Emergency Medicine, Toxicology, Research, Veterinary Medicine, Public Health
Regional Analysis of Monovalent Antivenom Market:
By region, North America has shown clear dominance in Monovalent Antivenom market sizing, and the Latin America region has witnessed the fastest growth and will continue at the same pace till 2031.
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Monovalent Antivenom Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Monovalent Antivenom Market:
Chapter 01 - Monovalent Antivenom Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Monovalent Antivenom Market - Pricing Analysis
Chapter 05 - Global Monovalent Antivenom Market Background or History
Chapter 06 - Global Monovalent Antivenom Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Monovalent Antivenom Market
Chapter 08 - Global Monovalent Antivenom Market Structure & worth Analysis
Chapter 09 - Global Monovalent Antivenom Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Monovalent Antivenom Market Research Method
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, MINT, BRICS, G7, Western / Eastern Europe, or Southeast Asia. Also, we can serve you with customized research services as HTF MI holds a database repository that includes public organizations and Millions of Privately held companies with expertise across various Industry domains.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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