(PharmaNewsWire.Com, January 21, 2017 ) According to the report North America Antivenom Market, published by Market Data Forecast, this market is projected to reach USD 566.2 million by 2021, at a CAGR of 5.76% from 2016 to 2021.
Anti-venom is the antidote product which helps from the toxic bites. Venomous bites leads to some clinical conditions such as secretion of excessive saliva, muscle weakness, breathing problems, and other difficulties that it may also lead to death. The anti-venom is made from Poisonous animals such as snakes, spiders, scorpions, and other harmful animals. Approximately about 3000-8000 people are prone to snakebites annually in North America.
Colonisation of new snake poison control centres, rising anti venom products acceptance, emerging research to support the advancement of effective anti venom products, increasing number of clinical trial centres to conduct the product study, fear among people about snake bites is increasing are driving factors for the enlargement of North America Anti venom Market.
The key competitors in the Anti-Venom market are Instituto Bioclon, S.A. de C.V. (Mexico), Pfizer AG (Switzerland), CSL Limited (Australia), F. Hoffmann-La Roche Ltd. (Switzerland), Merck & Co., Inc. (U.S.), Rare Disease Therapeutics, Inc. (U.S.), Vins Bio products Limited (India), BTG Plc (U.K.), Incepta Vaccine Ltd. (Bangladesh), and Bharat Serum and Vaccines Limited (BSV) (India).
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