Press release
Rabies Treatment Market Supply And Demand Scenarios | Marvelous Growth of 4.5% | Top Players Review by 2023
Rabies Treatment Market 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. 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 Organization 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. Rabies treatment market. According to the WHO, Dogs are the main source of rabies infection and subsequent deaths, contributing to nearly 99% of all rabies transmissions to humans.It is estimated that global rabies treatment market is expected to grow at a CAGR 4.5% during the forecast period of 2017-2023. 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.) and others.
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Regional Analysis
Europe is the second largest market for rabies treatment market followed by Asia Pacific. Owing to the availability of funds for research and development activities and growing emphasis on research for treating diseases. Asia Pacific shows the fastest growth in this market due to an increase in prevalence of communicable diseases. Particularly, India and China are expected to be an emerging and the fastest growing market. The Middle East & Africa has the lowest market for rabies treatment due to lack of technical knowledge and poor medical facilities. The Americas dominate the rabies treatment market owing to the remarkable use of the vaccine for preventing diseases and favorable conditions for research and development. In America, rabies vaccination programs have eliminated domestic dogs as reservoirs of rabies virus. According to the data suggested by Centers for Disease Control and Prevention, an estimated health costs associated with rabies disease detection, and control have risen, exceeding $300 million annually.
Table of Content:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
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