Current Investigation on Anti-venom Market 2021-Growth Strategy, Top Trends and Business Opportunity

Anti-venom

The report focuses on the favorable Global “Anti-venom market” and its expanding nature. The Anti-venom market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The anti-venom market is expected to register a CAGR of nearly 4.7% during the forecast period, 2019-2024.
  • – Snakebite is a neglected public health issue in many tropical and subtropical countries. About 5 million snake bites occur each year, resulting in up to 2.5 million envenoming’s (poisoning from snake bites) and at least 100,000 deaths, and around three times as many amputations and other permanent disabilities.
  • – Due to the involvement of international health organizations in producing safe and effective anti-venoms, people are aware of the anti-venom drugs.
  • – Anti-venom production is difficult and expensive. The cost of several anti-venoms has increased dramatically over the last two decades, making treatment unaffordable for most of the people who are in need of it.
  • – Inappropriate procurement and medicine distribution strategies in few countries contribute to manufacturers ceasing the production of anti-venom or increasing the prices of anti-ve

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    Key Manufacturers

  • Pfizer Inc.
  • Laboratorios Silanes (Bioclon Institute)
  • CSL Limited
  • BTG PLC
  • Merck & Co.
  • Merck KGaA (Sigma Aldrich)
  • Flynn Pharma (Micropharm)
  • Boehringer Ingelheim

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Anti-venom market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Anti-venom market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Anti-venom market have also been involved in the study.

    Scope of the Report:

  • Antivenom (or antivenin or antivenene) is a biological product used to treat venomous bites or stings. Antivenom is created by extracting venom from the relevant species of animal, which includes snakes, spiders, insects, fish, etc. The market is segmented by animal and type (of venom). The animals considered are snakes, scorpion, spiders, etc. The other animals segment includes bees, marine animals, such as fish, jellyfish, and insects. The types considered are polyvalent heterologous, monovalent heterologous, homologous, and small molecule anti-toxins.

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    TOC of Anti-venom Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Anti-venom market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Anti-venom Market Report Covered:

    • The report analyses how Anti-venom market will grow in the future.
    • Analyzing various perspectives of the Anti-venom market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Anti-venom market shares and policies employed by the major market players.
    • Competitive landscape including the Anti-venom market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Anti-venom market players

    Key Market Trends:

    Polyvalent Heterologous Antivenom Segment is Poised to Register Robust Growth.

    The term ‘heterologous’ indicates that the anti-venom is produced from an animal immunized by an organism differing from that against which it is to be used. Polyvalent anti-venoms are produced by obtaining the hyper-immunizing venom from two or more species and the resultant anti-venom contains neutralizing antibodies against the venom of two or more species. They are useful in regions where there are too many poisonous species to produce monovalent anti-venoms against all of them.

    The is Expected to Retain Largest Market Share During the Forecast Period

    Geographically, North America holds the largest market share with respect to demand and revenue. In the United States, every state, except Maine, Alaska, and Hawaii, is home to at least one of the 20 venomous snake species. Up to 95% of all snakebite-related deaths in the are attributed to the western and eastern diamondback rattlesnakes. Furthermore, the majority of bites in the occur in the south-western part of the country, as the rattlesnake population in the eastern states are much lower. The contributes a major share to the anti-venom market, due to the establishment of snake poison control centers, increase in antivenom products, and rise in clinical trial conducting firms for anti-venom products, and established healthcare facilities in the region.

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    Study objectives of Anti-venom Market Report:

    • To provide a detailed analysis of the market structure along with the Anti-venom market forecast of various segments and sub-segments of the Anti-venom market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Anti-venom market trends that influence the global Anti-venom market

    Detailed TOC of Anti-venom Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Awareness on Antivenoms Available
    4.2.2 Technological Advancements
    4.3 Market Restraints
    4.3.1 Complexities Involved in The Preparation of the Correct Immunogens
    4.3.2 Lack of Regulatory Capacity for the Control of Antivenoms in Countries
    4.4 Porter’s Five Force Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Animal
    5.1.1 Snake
    5.1.2 Scorpion
    5.1.3 Spiders
    5.1.4 Other Animals
    5.2 By Antivenom Type
    5.2.1 Polyvalent Heterologous Antivenoms
    5.2.2 Monovalent Heterologous Antivenom
    5.2.3 Homologous Antivenoms
    5.2.4 Small Molecule Anti-Toxins
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 United Kingdom
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Pfizer Inc.
    6.1.2 Laboratorios Silanes (Bioclon Institute)
    6.1.3 CSL Limited
    6.1.4 BTG PLC
    6.1.5 Merck & Co.
    6.1.6 Merck KGaA (Sigma Aldrich)
    6.1.7 Flynn Pharma (Micropharm)
    6.1.8 Boehringer Ingelheim

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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