Asia-Pacific Antivenom Market Grows Owning To Innovations In Technology.

Posted by Jay Parkar on August 9th, 2017

“Asia-Pacific Antivenom Market By Type [Vaccines And Hyperimmune Sera (Homologous & Heterologous)] And By Animal (Snakes, Scorpions, Spiders, And Others) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016-2021)” is a professional and incisive analysis on the market dynamics of the Asia-Pacific Antivenom Market industry and future growth prospects of the key market players across the global. The study offers detailed quantitative and qualitative analysis of the industry by offering an overview of key market conditions and statistics on market estimations. An in-depth insight into the industry overview is offered in the study in terms of product definition and classification, applications analysis and manufacturing technology. The market participants can going through the study explore the profile of international market players in terms of their capacity utilization, market shares of the major segments, growth opportunities and challenges they need to overcome to gain a foothold in the market.

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Asia-Pacific Antivenom Market is expected to reach USD 325.7 million by 2021 from USD 215.7 million in 2016, growing at a CAGR of 8.59% during the forecast period 2016-2021. Antivenom is described as the biological product that detoxifies poisoning of venomous bites. Antivenom is prepared from the milking venom of animals such as snakes, spiders, scorpions, and other venomous animals. Venomous bites result in certain clinical conditions such as secretion of excessive saliva, muscle weakness, breathing problems, and other difficulties that may lead to death also. It is estimated that, approximately 40,000-80,000 people die in Asia (Majorly from India) with snake bites annually. To overcome poisonous effects after venomous bites the manufacturers developed number of Antivenom products including vaccines and hyperimmune sera.

Rising demand for antivenom products, growing number of snake bite cases as compared to developed regions, development of effective antivenom products against more number of snake species, and increasing number of manufacturers to focus on antivenom products in the Asia region (especially in India) are driving the growth of Asia-Pacific Antivenom Market. However, dearth of antivenom products, high cost of the products, existence of new regulations, requirement of training to medical staffs, and presence of underdeveloped medical infrastructure are restraining the growth of the Asia-Pacific Antivenom Market.

Asia-Pacific Market for Antivenom is broadly categorized into type and animal. On the basis of type, Asia-Pacific Antivenom market is segmented into Vaccines and Hyperimmune Sera (Homologous & Heterologous). Based on animal the market is segmented into Snakes, Scorpions, Spiders, and Others.

Geographically, Asia-Pacific Antivenom market is segmented into China, India, Japan, South Korea, and Australia. Asia-Pacific is the fastest growing region with a CAGR of 8.59% during the forecast period 2016-2021.

Key market players in the Antivenom market include Instituto Bioclon, S.A. de C.V. (Mexico), Pfizer AG (Switzerland), CSL Limited (Australia), F. Hoffmann-La Roche Ltd. (Switzerland), Merck & Co., Inc. (U.S.), Rare Disease Therapeutics, Inc. (U.S.), Vins Bioproducts Limited (India), BTG Plc (U.K.), Incepta Vaccine Ltd. (Bangladesh), and Bharat Serum and Vaccines Limited (BSV) (India).

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Key Chapter

1. Introduction

1.1 Market Definition

1.2 Study Deliverables

1.3 Base Currency, Base Year and Forecast Periods

1.4 General Study Assumptions

2. Research Methodology

2.1 Introduction

2.2 Research Phases

2.2.1 Secondary Research

2.2.2 Primary Research

2.2.3 Econometric Modelling

2.2.4 Expert Validation

2.3 Analysis Design

2.4 Study Timeline

3. Overview

3.1 Executive Summary

3.2 Key Inferences

3.3 Epidemology

Continue………….

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