Rabies Treatment Market Overview
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.
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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It is estimated that global rabies treatment market is expected to Grow at a CAGR 4.5% during the forecast period of 2017-2023.
Rabies Treatment Market Key Players-
Some of key the players in the rabies treatment market are,
Merck & Co. Inc.
CSC Pharmaceuticals International
VBI Vaccines Inc.
Taj Pharmaceuticals Limited
Bio Med Pvt. Ltd.
Rabies Treatment Market 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.
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.
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- Research and Development (R&D) Companies
- Government and Independent Research Laboratories
- Manufacturers and suppliers in rabies treatment
- Government and Independent Regulatory Authorities
- Academic Medical Institutes and Universities
Rabies Treatment Market Regional Analysis
On the regional basis, the market is segmented into America, Europe, Asia Pacific and the Middle East & Africa.
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
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.
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The Middle East & Africa has the lowest market for Rabies Treatment Market due to lack of technical knowledge and poor medical facilities.
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
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
Chapter 6. Global Rabies Treatment Market, By Type
6.2 Furious Rabies
6.2.1 Market Estimates & Forecast, 2017 – 2023
6.3 Paralytic Rabies
6.3.1 Market Estimates & Forecast, 2017 – 2023
Chapter 7. Global Rabies Treatment Market, By Treatment
7.2 Rabies Immunoglobulin Vaccine
7.2.1 Market Estimates & Forecast, 2017 – 2023
7.3 Brain Tissue Vaccines
…to be continued.
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