Anti-Venom Market Research Report: By Type (Polyvalent, Monovalent, Others), By Species (Snake, Others), By Mode of Action (Cytotoxic, Neurotoxic, Hemotoxic, Others), By Product (Anti-Venom snake, others) and by End User - Global Forecast to 2027
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The recent Market Research Future (MRFR) report predicts that the global anti-venom market value will increase with a healthy CAGR of 6.5% during the forecast period (2017-2023).
Segmentation
The global anti-venom market is segmented on the basis of type, species type, mode of action, product type, and end user.
Global anti-venom market, by type, is categorized into Multipurpose Heterologous Antivenom, Monovalent Heterologous Antivenom, Homologous Antivenom, and Small Molecule Anti-toxin.
By type of species, the global anti-venom market is segmented into snakes, scorpions, spiders, and others. The snake segment is further classified as a common cobra, common krait, Russell's viper, and others.
On the basis of mode of action, the global anti-venom market is divided into cytotoxic, neurotoxic, hemotoxic, cardiotoxic, myotoxic, and others.
The types of products in the global anti-venom market include anti-snake venom, anti-scorpion venom, anti-spider venom, and others.
With regard to the end user, the global anti-venom market is segmented into hospitals, clinics, outpatient surgical centers, and others.
Regional analysis
The regions among which the global anti-venom market is segmented are Asia-Pacific, Europe, Americas, Middle East and Africa.
Globally, the Americas will lead the anti-venom market in the coming years due to the increase in snakebite cases, as well as scorpion bites associated with high health costs.
Europe will secure the second position in the global anti-venom market, due to the strong financial support from the government for research and development as well as the improved reimbursement scenario, which will boost the European anti-venom market. venoms. According to data provided by Eurostat, it should be noted that among all EU Member States, the highest value of health expenditure was recorded in Germany in 2014, which was around 321 billion euros, followed by France with a value of 237 billion euros and the United Kingdom with a value of 223 billion euros. In 2016, R&D spending for the pharmaceutical industry was worth 35,000 million euros, according to the European Federation of Pharmaceutical Industries and Associations.
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Competitive landscape
Thermo Fisher Scientific, Ypsomed Holding AG, Artsana Spa, B. Braun Melsungen AG, Becton, Dickinson and Company, Allison Medical, Inc., cHill-Rom, Hu-Friedy Mfg. Co., LLC, Johnson & Johnson Services, Inc, Medline Industries, Inc., Medtronic plc, Allison Medical, Inc., Owen Mumford, Ltd., Roboz Surgical Instrument, Smiths Medical, Stryker Corporation, Terumo Corporation, Novo Nordisk A / s, UltiMed, Inc., Boston Scientific Corporation, are some of the leading companies in the global anti-venom market.
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