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Anti-Venom Market Trends

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Report ID: 3755
Published Date: Aug 23, 2024
Report Format: PDF, PPT

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Anti-Venom Market Trends

Growth Drivers

Rising Awareness about Available Anti-Venoms
Growing Investment in Medical R&D Activities

Challenges

Complexities During the Manufacturing
Lack of Regulatory Norms for Anti-Venom Drug Manufacturing

Anti-Venom Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	8.7%
Base Year Market Size (2023)	USD 674.8 million
Forecast Year Market Size (2036)	USD 1.99 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Anti-Venom Market Size & Share, Growth Trends 2036

Author Credits: Radhika Pawar

Report ID: 3755
Published Date: Aug 23, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of anti-venom is evaluated at USD 721.77 million.

Anti-Venom Market size was valued at USD 674.8 million in 2023 and is set to cross USD 1.99 billion by 2036, expanding at more than 8.7% CAGR during the forecast period i.e., between 2024-2036. Technological innovation in the treatment for envenoming, and rising awareness about available anti-venoms, will boost the market growth.

Asia Pacific industry is estimated to account for largest revenue share by 2036, led by growing cases of snakebites, which require anti-venom for treatment.

The major players in the market are CSL Limited, Flynn Pharma Ltd (Micropharm), Medtoxin Venom Laboratories, Merck & Co. Inc., Pfizer Inc., Rare Disease Therapeutics Inc., Amgen Inc., and others.

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