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.
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,
- Sanofi
- Merck & Co. Inc.
- CSC Pharmaceuticals International
- Pfizer
- VBI Vaccines Inc.
- Taj Pharmaceuticals Limited
- Bio Med Pvt. Ltd.
- Bavarian Nordic
- Solvay
- Informa plc.
- and others.
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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