Press release
Rabies Treatment market is expected to grow at an approximate CAGR of 4.5% | Top key Players – Pfizer, VBI Vaccines Inc., Solvay
Rabies is a deadly virus that usually spreads from the saliva of infected/rabid animals. Animals that are most likely to transmit rabies include bats, raccoons, coyotes, foxes, and skunks. In developing countries, stray dogs are the most likely to get infected with rabies. It is stated by the WHO that rabies infection is responsible for tens of thousands of deaths every year, especially, in Asia and Africa.The Global Rabies Treatment Market is expected to grow at a CAGR 4.5% during the forecast period of 2017-2023.
Signs and symptoms of rabies include headache, nausea, vomiting, confusion, hyperactivity, difficulty in swallowing, agitation, anxiety, hallucinations, insomnia, partial paralysis, hydrophobia (fear of water), and excessive salivation. Rabies virus basically infects the central nervous system and salivary glands which ultimately leads to death. Treatment by vaccination is the best and most effective method in treating as well as preventing rabies. One of the approved and effective methods against rabies is when inactivated rabies vaccine is combined with rabies immunoglobulin. Rabies is diagnosed by detecting proteins present on the surface of rabies virus using samples of blood, saliva samples, and skin.
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To get rid of this deadly disease, various government, and privately held organizations actively participate to make people aware of the current scenario. For instance, the Food and Agriculture Organization (FAO), Global Alliance for Rabies Control (GARC), WHO, and International Organisation for Animal Health (OIE) teamed up together in 2015 to achieve strategic plan of "Zero human Rabies deaths by 2030". The main aim of this initiative is to prioritize healthcare investments in rabies control and coordinate the rabies-elimination efforts.
Key Players
Some of key the players in the rabies treatment market are
• Sanofi (France),
• Merck & Co. Inc.,
• CSC Pharmaceuticals International
• Pfizer (U.S.),
• VBI Vaccines Inc. (U.S.),
• Taj Pharmaceuticals Limited (India),
• Bio Med Pvt. Ltd.,
• Bavarian Nordic (U.S.),
• Solvay (U.S.),
• Informa plc. (U.S.)
Segmentation:
The rabies treatment market is segmented on the basis of type of rabies, type of treatment, and end users.
On the basis of type of rabies, market is segmented into furious rabies, paralytic rabies and others
On the basis of type of treatment, market is classified into rabies immunoglobin vaccine, bran tissue vaccine, tissue culture and others. On the basis of end-users, market is segmented into hospitals, clinics, epidemic prevention centres and others.
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Key Questions Answered In This Report
• What will the market size and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
...Continued
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