Anti-venom Market predicted to grow at a significant rate during the forecast period (2017-2022)

Acording to the report Anti venom Market, published by Market Data Forecast, the Global market is projected to reach USD 1.49 billion by 2022, at a CAGR of 6.12% from 2017 to 2022.

Anti-venom is an antidote to the poison of any venomous animal. It helps in detoxification of the venomous bite and is prepared from the milking venom of the animals. A venomous bite could be fatal in some cases though the most common symptoms include secretion of excessive saliva, breathing problems and muscle weakness.

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Anti-venom Market: Drivers & Restraints
Government has taken up initiatives to promote various anti-venom products which is a major factor driving the market growth. Increasing cases of snake bites along with numerous pipeline anti-venom products are further expected to fuel the market.

The recent withdrawal of anti-venom products, high production costs and insufficient funding to develop these products are hindering the market growth.

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Anti venom Market: Segmentation

By Type
• Vaccines
• Hyperimmune Sera
o Homologous
o Heterologous

By animal
• Snakes
• Scorpions
• Spiders
• Others

By Geography

• North America
o United States
o Canada
• Europe
o U.K
o Spain
o Germany
o Italy
o France
• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea

• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America

• Middle East & Africa
o Middle-East
o Africa

From simple data collation through secondary and primary research toad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/global-antivenom-market-1580/customize-report

Anti-Venom Market: Overview
The Anti-venom Market is dominated by North America accounting 39% of the total market share followed by Europe in 2017. Asia Pacific is predicted to grow at the fastest pace during the forecast period.

Anti venom Market: Key Players
The Anti venom market is highly competitive with a large number of players. Some of the major Companies are Instituto Bioclon, S.A. de C.V. (Mexico), Pfizer AG (Switzerland), CSL Limited (Australia), F. Hoffmann-La Roche Ltd. (Switzerland), Vins Bioproducts Limited (India), BTG Plc (U.K.), Incepta Vaccine Ltd. (Bangladesh), and Bharat Serum and Vaccines Limited (BSV) (India) , Merck & Co., Inc. (U.S.), Rare Disease Therapeutics, Inc. (U.S.).

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