Rabies Treatment Market
The Rabies Treatment Market Share is expected to reach USD 3141.5 Million by 2030 at 5.20% CAGR during the forecast period 2022-2030.
the World Health Organization reported that dogs are the prime source of human rabies death as they are a vector to 99% of rabies transmission in human over other rabid animals like cats and bats. MRFR observed that the growing number of stray dogs is a major cause that is boosting the rabies treatment market growth. Moreover, the rising incidences of rabies is accounted for the increasing interest in the adoption of dogs as pet. This factor is likely to propel the rabies treatment market. The rabies virus targets the central nervous system. Excessive salivation and fear of water being its major symptoms aid to diagnose an infected person. Owing to the existence of robust medical infrastructure that caters effective diagnosis and treatment for rabies is recognized as a factor that is anticipated to escalate the rabies treatment market growth. The increasing number of epidemic prevention centres are also anticipated to aid in the rabies treatment market expansion. Additionally, surging awareness about rabies vaccination is expected to amplify the rabies treatment market growth. Despite these strong market drivers, the high maintenance cost for the rabies vaccine is likely to interfere the global rabies treatment market expansion.
Major Key Players:
This Rabies Treatment Market Players are namely 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
Segment Analysis
The global rabies treatment market has been segmented on the basis of treatment, type, and end-use.
Based on the treatment, the rabies treatment market has been segmented into rabies immunoglobulin vaccine, tissue culture vaccines, and brain tissue vaccines.
Based on the type, the rabies treatment market has been segmented into paralytic rabies and furious rabies.
Based on the end-use, the rabies treatment market has been segmented into epidemic prevention centers, clinics, and hospitals.
Regional Analysis
Base on the region, the rabies treatment market has been segmented into America, Asia Pacific, Europe, and the Middle East & Africa.
The Americas is likely to maintain its superiority in the global rabies treatment market over the assessment period. The favorable condition for research and developmental activities in the region is boosting the development of preventive measures against rabies, like modifications in rabies vaccination, that is playing a significant role in rabies treatment, hence, expected to fuel the regional rabies treatment market growth. Moreover, people inclining towards pet companionship is widening the scope for rabies morbidity, thereby, shooting up the rabies treatment growth curve.
Followed by the lead, Europe is anticipated to exhibit the highest growth rate for the rabies treatment market in the review period, owing to the growing emphasis and investment in research and developmental activities.
The rabies treatment market in the Asia Pacific region is likely to experience a boom over the evaluation period. The increase in stray dog number, in countries like India and China, is spurring incidences of rabies that is expected to bolster the regional market.
The Middle East and Africa to hold the least share of the rabies treatment market, owing to the lack of technical support and unorganized medical infrastructure.
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 646 845 9312
