Animal Anti-rabies Vaccine Market

SKU: DMPH698 | Last Updated On: Jul 26 2022 | Available Formats

Animal Anti rabies Vaccine Market Expected to reach a high CAGR of ~5.2% By 2029: DataM Intelligence.

Animal Anti-rabies Vaccine Market By product type (Vero cell rabies vaccine, Baby hamster kidney, chick embryo cell rabies vaccine, Others), By usage (Pre-exposure Prophylaxis, Post-exposure Prophylaxis), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Animal Anti rabies Vaccine Market is expected to grow at a high CAGR of 5.2% during the forecast period (2022-2029)   

  • Rabies is a zoonotic disease (a disease that is transmitted from animals to humans), caused by the rabies virus. Rabies is a virus that is usually spread by the bite or scratch of an animal.

  • Domestic dogs are the most common reservoir of the virus, with more than 99% of human deaths caused by dog-mediated rabies. The virus is transmitted in the saliva of rabid animals and generally enters the body via infiltration of virus-laden saliva from a rabid animal into a wound or by direct exposure of mucosal surfaces to saliva from an infected. Rabies is a 100% vaccine-preventable disease.

  • Global health organizations have taken collective action to control rabies virus.

  • For instance, 2015, WHO, Food and Agriculture Organization (FAO), International Organization for Animal Health (OIE) and the Global Alliance for Rabies Control (GARC) came together to adopt a common strategy to achieve “Zero human Rabies deaths by 2030” and formed the United Against Rabies collaboration.

Market Drivers

  • Rising incidences of animal bites are one of the major driving factor leading to the growth of the Animal Anti-rabies Vaccine market

  • Animal bites are the major cause of rabies inhuman. Rabies is a significant health concern following dog bites, cat bites, and monkey bites. Dogs are the main source of human rabies deaths, contributing up to 99% of all rabies transmissions to humans.

  • For instance, According to the Center for Disease Control (CDC), approximately 4.7 million dog bites occur in the United States each year, and 800,000 of those bites result in medical care.

  • According to the World Health Organization (WHO), an estimated 59 000 people die annually from rabies, and bites from rabid dogs account for the majority of deaths.

  • The side effects of rabies vaccine, lack of awareness about rabies, and the shortage of these rabies vaccines might hamper the growth of the global Anti-rabies Vaccine market

Animal Anti-rabies Vaccine Market Scope

Metrics

Details

Market CAGR

5.2%

Segments Covered

By Type, By Technology, By End-User,  and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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