(PharmaNewsWire.Com, May 01, 2017 ) According to the report published by Market Data Forecast named Middle-East and Africa Antivenom Market which estimates market to grow from $89.9 million from 2016 to $124.2 billion by 2021 with a CAGR of 6.67% in the forecast period 2016-2021.
Antivenom Market Report is a medication made from antibodies which are used to treat certain venomous bites and sting. Antivenom is prepared from the milking venom of animals such as snakes, scorpions, spiders, and other venomous animals. Venomous bites cause certain after effects like breathing problem, muscle weakness, excessive saliva and other problems. Some venomous bites may cause deaths also.
It is estimated that around 35,000 to 55,000 people die in Middle-East and Africa due to snake bites. In order to curb poisonous effects after venomous bites, manufacturers developed number of Antivenom products including vaccines and hyper immune sera. The majority of antivenoms are administered intravenously. High cost of the products and limited accessibility of antivenom products is a major concern in market for providing antivenoms.
Increasing number of people getting bitten by snakes, increasing demand for the antivenom products, government initiatives towards developing high quality antivenom products, are the factors responsible for the growth of this market. Also deaths and complex after effects from other animal bites fuels the demand for antivenom leading to the growth of market.
The Antivenom Market is based on different type and animals. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Based on geography, Middle-East & Africa Antivenom market is segmented into Middle-East and Africa. Key market players in the Antivenom market include Instituto Bioclon, S.A. de C.V., Pfizer AG , CSL Limited , F. Hoffmann-La Roche Ltd. (Switzerland), Merck & Co., Inc. , Rare Disease Therapeutics, Inc., Vins Bioproducts Limited , BTG Plc., Incepta Vaccine Ltd., and Bharat Serum and Vaccines Limited. Buy now at: https://www.marketdataforecast.com/cart/buy-now/middle-east-and-africa-antivenom-market-1585
Scope of the Middle-East and Africa Antivenom Market:
Regional and country-level analysis that provides an innate perspective of Middle-East and African regional Markets. To detect major focus areas of industrial growth Segment-level analysis on basis of type, products, application and end-user along with market size forecasts and y-o-y estimations are provided Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics PESTLE and Porters Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few. An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market. Checkout other related studies in the Pharmaceuticals Segment:
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