June 18, 2021

Anti-venom Market Size & Share 2021 | Global Growth Segments, Emerging Trends and Business Strategy with Opportunities and Insights of top Players till 2024

Anti-venom

Anti-venom Market” report helps to gain a deeper insight of the market overall landscape with qualitative and quantitative aspects of various industry factors like growth, size and share. The report consists of an extensive primary research associated with rapidly changing dynamics and current scenario of Anti-venom industry with latest developments. Anti-venom market also shows information of Product awareness, adept workforce, technological advancements, raw material affluence, favorable environment.

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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.

Major Key Players:

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

    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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    Our Research Report Includes:

    • Anti-venom Market size & share analysis
    • Top market players along with sales, revenue, and business strategies analysis
    • Anti-venom Market growth drivers and restraints
    • Market opportunities & challenges
    • Research methodology and impact of Covid-19 on Industry

    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 United States 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 United States are attributed to the western and eastern diamondback rattlesnakes. Furthermore, the majority of bites in the United States occur in the south-western part of the country, as the rattlesnake population in the eastern states are much lower. The United States 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.

    Competitive Landscape:

    Most of the companies present in the market are efficient at the technological front, but require significant support for enhancing their services and expanding their businesses. Thus, mergers and acquisitions offer significant opportunities to gain the attention of a large number of providers across developed regions.

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    Detailed TOC of Anti-venom Market Report 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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