Rabies Vaccine Market Size, Share, Outlook, and Opportunity Analysis, 2019– 2027

1. RABIES VACCINE MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Rabies Vaccine Market - Overview The Rabies Vaccine Market in Asia Pacific is expected to witness new entrants and is a major competitive market due to the burden of rabies. According to data published by the World Health Organization (WHO) in 2017, India accounts for 59.9% of deaths due to rabies in Asia, and 35% of deaths globally. Major players operating in the region are Yisheng Biopharma, Serum Institute of India, Zuventus, and Bharat Biotech Ltd. Moreover companies such as Yisheng Laboratories and CPL Laboratories (India) have vaccine candidates in clinical trials. Rabies is a viral zoonotic disease caused through a dog’s bite which leads to progressive and fatal inflammation of the brain and spinal cord. There are two type of rabies; furious rabies and paralytic rabies. Symptoms accompanied with furious rabies are hyperactivity and hallucination. Paralytic rabies can cause coma and paralysis. Rabies seems fatal disease but it can be controlled through vaccines and medicines which have long been available to prevent death by rabies. According World Health Organization (WHO), globally rabies cause fatalities nearly 10,000 people yearly and almost 99% cases are due to dog bites. Symptoms caused by rabies are wound, fever with pain near the wound, tingling, pricking at wound site, and if not treated properly it can lead to cardiac or respiratory arrest. According to World Health Organization (WHO), in 2017, rabies caused 59,000 deaths annually in 150 countries with 95% cases in rural districts. Browse Research Reports: https://www.coherentmarketinsights.com/ongoing-insight/rabies- vaccine-market-4005 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Global Rabies Vaccines Market - Restraints Emerging economies in Africa and Asia are expected to witness a major burden of rabies due to lack of awareness and costly treatment. Post exposure, prophylaxis is a dose regime for dog mediated rabies. According to World Health Organization (WHO), in 2017, the estimated cost of PEP was US $1.5 million, which can make it unaffordable in mid- or low-income countries and restrain the growth of the global rabies vaccines market during the forecast period. Global Rabies Vaccine Market – Regional Analysis Regional segmentation of the global rabies vaccine market includes North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is projected to dominate the global rabies vaccines market with the largest share during the forecast period. The rising investments by governments in the public sector, as well as programs to eradicate rabies are favouring growth of the market in the region. For instance, countries in North America in 2008 established the North America Rabies Management Plan, by assessing and defining the needs, priorities to control rabies and eventually eliminate it from Canada, Mexico, and the U.S. According to the European Centre for Disease Prevention and Control, in 2014 only 3 cases of rabies were reported in Europe, whereas Europe being the highest vaccine manufacturer for rabies. Key market players in Europe are GlaxoSmithKline, Sanofi–Pasteur and Novartis AG. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/4005 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Global Rabies Vaccine Market- Competitive Landscape Key players operating in global rabies vaccine market are Sanofi S.A., Novartis International AG, Serum Institute of India Pvt. Ltd, Indian Immunologicals Limited, Bharat Biotech Ltd, Zuventus HealthCare Ltd., Cpl Biologicals Private Limited, Yisheng Biopharma Co., Ltd, GlaxoSmithKline plc, Bavarian Nordic A/S, and Chiron Behring Vaccines Private Limited. Key Developments- In 2016, Serum Institute of India, developed new rabies vaccine, RABIVAS-S, for countries with highest burden of rabies. The World Organization for Animal Health (OIE), a vaccine bank, was established in 2012 with production order for rabies vaccine of 50,000 doses in 31st December 2016. The OIE recorded 16 million doses of vaccines in 24 countries for pre- and post-exposure prophylaxis treatment for rabies. In 2019, Yisheng Biopharma (Singapore) Pte Ltd stated that development of adjuvant rabies vaccine, PIKA which is composed of RABIPUR and polyisonic-polycytidcyclic acid, has completed its phase 2 clinical trial. In 2019, GlaxoSmithKline divested its rabies and tick-borne vaccine to Bavarian Nordic, and incurred payment of $36 million from Bavarian Nordic. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/4005 © Coherent market Insights. All Rights Reserved

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