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Vesicular Stomatitis (VS) Therapeutics Market Present Scenario and the Growth Prospects 2025
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Only symptomatic treatment with some precautionary measure are available for the disease which consists of supportive care including the prevention or treatment of secondary infections.
Human population growth, income growth and urbanization increases the demand of livestock products and thus the livestock population which however also increases the therapeutic products demand for animals and thus fuels the vesicular stomatitis therapeutics market. Recently in 2015, Vesicular stomatitis outbreak affected around 800 premises in 8 US states. These outbreaks are also increasing the demand for the therapeutics. Market for the vaccination of vesicular stomatitis is also high because of the unavailability of antiviral treatments. Government efforts in this direction are also the driving factors for the growth of the market. Although cases occur throughout year but occurrence of outbreaks in the US after long intervals of 5-10 years limits the therapeutic market to grow. Less research activities and product launches in this area restricts its market to expand.
No specific treatment is available for the vesicular stomatitis which also creates an opportunity for the bio-pharmaceutical manufacturers to develop new and innovative drugs as to prevent the livestock economic loss. The therapeutic market is region specific as well as seasonal as the disease runs mostly from spring to fall, thus natural seasonal outbreaks are the factor for therapeutics market. Non-availability of anti-viral drugs in the market doesn’t meet the demand of the treatment.
A geographic condition regarding the Vesicular Stomatitis (VS) Therapeutics Market, it has been segmented into five key regions: North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. Because of regional prevalence of the disease, its therapeutic market is dominant in North America followed by Latin America. As the disease is prevalent in the tropical climates, the therapeutic market also finds an opportunity in the Asia-Pacific and African regions but very less than the western hemisphere.
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Some of the players in the vesicular stomatitis therapeutic market includes Zoetis, Vedco Inc., Boehringer Ingelheim, Merck & Co., Bayer, Elanco, Ceva Santé Animale, Vibrac S.A., Vetoquinol S.A. and others.
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