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Ebola Treatment Market Size Estimated to Observe Significant Growth by 2024
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The global Ebola treatment market growth is driven by the increasing incidence rates of Ebola viral infection and Ebola outbreaks. As per WHO, U.S. & U.K. governments, availability of different treatment procedures to treat Ebola is expected to drive the Ebola viral disease market growth during the forecast period. The Ebola treatment market also includes therapies for those who already have Ebola, and vaccines to prevent the deadly virus. Various drug companies and regulators in the U.S. are taking a two-pronged approach in finding a way to treat the virus. Approval of vaccines are taking a longer time but when vaccines undergo trials, adoption and availability could be a limiting factor for global Ebola treatment market growth.
Geographically, the global Ebola treatment market is segmented into five regions, namely North America, Latin America, Europe, Asia Pacific (APAC) and the Middle East and Africa (MEA). Control measures are established in Liberia, Sierra Leone, and Guinea. Previously affected countries are Nigeria, Senegal, Spain, U.S., Mali, U.K. and Italy. Among all regions, MEA are expected to witness a high growth rate over the forecast period owing to the large number of affected population in these regions. North America is the major contributor to the global Ebola treatment market mainly due to its pharmaceutical companies having hubs in the U.S. & Europe. MEA is recovering from medical crisis and is anticipated to have a positive landscape for the growth of the global Ebola treatment market. A healthy CAGR is projected to be registered in the global Ebola treatment market due to a surge in the number of pharmaceuticals and healthcare initiatives being undertaken globally.
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The key players in the global Ebola Treatment market are: Arbutus Biopharma, GlaxoSmithKline, Johnson & Johnson Services, Inc., Hemispherx Biopharma, Inc., BioCryst Pharmaceuticals, Inc., NanoViricides, Inc., NewLink Genetics Corporation, Chimerix, Inc., Sarepta Therapeutics, Mapp Biopharmaceutical, Inc. and others.
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