Antivenoms Global Market Report 2023: Sector to Reach $2.3 Billion by 2030 at a 7.4% CAGR

PR Newswire
Monday, May 29, 2023 at 10:00pm UTC

Antivenoms Global Market Report 2023: Sector to Reach $2.3 Billion by 2030 at a 7.4% CAGR

PR Newswire

DUBLIN, May 29, 2023 /PRNewswire/ -- The "Antivenoms: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

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Global Antivenoms Market to Reach $2.3 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Antivenoms estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$2.3 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2022-2030.

Snakes, one of the segments analyzed in the report, is projected to record 7.5% CAGR and reach US$2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Scorpions segment is readjusted to a revised 6.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $339.3 Million, While China is Forecast to Grow at 10.9% CAGR

The Antivenoms market in the U.S. is estimated at US$339.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$545 Million by the year 2030 trailing a CAGR of 10.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Select Competitors (Total 46 Featured) -

  • Boehringer Ingelheim International GmbH
  • BTG PLC
  • CSL Ltd.
  • Merck & Co., Inc.
  • MicroPharm Ltd.
  • Pfizer, Inc.

What's New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Antivenoms - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

  • Boehringer Ingelheim International GmbH
  • BTG PLC
  • CSL Ltd.
  • Merck & Co., Inc.
  • MicroPharm Ltd.
  • Pfizer, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/lxq8yt

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