Human Rabies Immunoglobulin Market was valued at USD 285 Million in 2020 and is forecasted to value over USD 500 million by 2027 end and register a CAGR of 8.4% from the forecast period 2020-2027. Gaining traction from a number of factors such as rising percentage of geriatrics in the world population, the prevalence of target diseases, growing demand for early detection of incurable diseases, and the presentation of innovative applications
Rabies is a zoonotic viral disease caused due to animal bits. The disease is known to affect domestic as well as wild animals such as bats, skunks, foxes, ferrets, raccoons, cats, or dogs, and infects humans upon contact with saliva of infected animal. Rabies is known to have an incubation period of one to three months. Individuals suffering from rabies show initial symptoms of fever and pain or tingling or burning sensation also called as paraesthesia at the wound site. As the disease progresses through the central nervous system (CNS), patients exhibit hyperactivity, excited behaviour, hydrophobia.
When the segmentation is done the basis of application the market is bifurcated into Category II Exposure and Category III Exposure. Human Rabies Immunoglobulin (IM) is widely used for the Category II Exposure and Category III Exposure, the most proportion of Human Rabies Immunoglobulin (IM) is used for Category III Exposure, and shared a major proportion in 2017.
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By Market Verdors:
Sichuan Yuanda Shuyang
Category II Exposure
Category III Exposure
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The Human Rabies Immunoglobulin market in APAC is expected to hold a major market share during the forecast period as countries in APAC such as China, Japan, India, and South Korea have some of the largest manufacturing facilities wherein automation of manufacturing processes has been taken as the highest priority. Also, strong competition among consumer electronics companies in APAC is likely to boost the adoption of machine vision systems in the region. The growing awareness about and demand for high-quality and zero-defect products has fuelled the need for Human Rabies Immunoglobulin in inspection-related applications in the manufacturing fields.
However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighbouring countries are linked to one another through trade relations and supply chain the entire region is affected with the outbreak of COVID-19 which will have a significant impact on the said market in this region for the forecast period.
TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Human Rabies Immunoglobulin Market
Chapter 5. Global Human Rabies Immunoglobulin Market Overview, By Application, 2015 – 2027(USD Million)
Chapter 6. Global Human Rabies Immunoglobulin Market Overview, By Distribution Channel, 2015 – 2027(USD Million)
Chapter 7. Global Human Rabies Immunoglobulin Market Overview, By Geography, 2015 – 2027(USD Million)
Chapter 8. North America Human Rabies Immunoglobulin Market Overview, By Countries, 2015 – 2027(USD Million)
Chapter 9. Europe Human Rabies Immunoglobulin Market Overview, By Countries, 2015 – 2027(USD Million)
Chapter 10. Asia Pacific Human Rabies Immunoglobulin Market Overview, By Countries, 2015 – 2027 (USD Million)
Chapter 11. Middle East & Africa Human Rabies Immunoglobulin Market Overview, By Countries, 2015 – 2027 (USD Million)
Chapter 12. South America Human Rabies Immunoglobulin Market Overview, By Countries, 2015 – 2027 (USD Million)
Chapter 13. Competitive Landscape
Chapter 14. Key Vendor Analysis
Chapter 15. Human Rabies Immunoglobulin Market Cost Analysis
Chapter 16. Sourcing Strategy and Downstream Buyers
Chapter 17. Marketing Strategy Analysis, Distributors/Traders
Chapter 18. Market Effect Factors Analysis
Chapter 19. Future Outlook of the Market
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