Hantavirus Market Scope
Hantavirus is also known as Orthohantavirus, the virus spread mainly by rodents which can lead to hantavirus pulmonary syndrome (HPS) and other respiratory diseases. This causes potentially fatal infections with primary symptoms such as fever, muscle ache, fatigue and later it turns to shortness of breath, cough. The infections occur by breathing air that's contaminated with rodent urine and droppings leading to this infection. There are limited cure and vaccines for the treatment of hantavirus and there has been continuous research regarding the same. Infections with any type of hantavirus can produce severe disease in people, this virus in the Americas is known as "New World" hantaviruses and might cause hantavirus pulmonary syndrome. Other hantaviruses known as "old world" hantavirus are mostly found in Europe and Asia and they might cause hemorrhagic fever with renal syndrome (HFRS).
Attributes | Details |
---|
Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | The Native Antigen Company (United Kingdom), Charles River Laboratories, Inc. (United States), Pfizer Inc. (United States), Thermo Fisher Scientific (United States), Johnson & Johnson (United States) and Sanofi S.A. (France) |
CAGR | % |
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Hantavirus market throughout the predicted period.
The Native Antigen Company (United Kingdom), Charles River Laboratories, Inc. (United States), Pfizer Inc. (United States), Thermo Fisher Scientific (United States), Johnson & Johnson (United States) and Sanofi S.A. (France) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are PharmaJet, Inc. (United States) and Cigna (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Hantavirus market by Type , by Application (Hospitals, Clinics and Intensive Care Unit) and Region with country level break-up.
On the basis of geography, the market of Hantavirus has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In March 2023,Pfizer Inc. and Seagen Inc. announced that they have entered into a definitive merger agreement under which Pfizer will acquire Seagen, a global biotechnology company that discovers, develops and commercializes transformative cancer medicines..
In September 2022, Johnson & Johnson (the “Company”) took another step forward in establishing two independent, market-leading companies with the announcement of Kenvue as the name for the planned New Consumer Health Company. The new corporate brand comes to life through a compelling purpose, and a timeless visual brand.
According to the CDC, in North America, the incubation period (time from initial exposure to the virus and development of the first symptoms) is between one to five weeks after initial exposure to infected rodent urine, droppings, or saliva. In South American outbreaks, researchers estimate that the incubation period varies from about 12-27 days.
Influencing Trend:
Continuous Research and Development Carrying out in the Laboratories for Effective Treatment and Vaccines
Market Growth Drivers:
Growing Contact of Human with Rodents Infestation, Saliva, Urine, Feces or with Dust and Rural Areas with Large Forests and Fields Increases the Rodents Population
Challenges:
There is Very Limited Treatment, Cure, or Vaccines for the Treatment of Hantavirus Infection
Restraints:
High Risk to People who Are Engaged in the Cleaning Activities Outside with High Exposure to Rodents with Hantavirus Infection
Opportunities:
Awareness About Hantavirus Infection and Increasing Healthcare Funding for Proper Research
Key Target Audience
Hantavirus Treatment Providers, Research and Development Institutes, Potential Investors Treatment, Financial Institution and Venture Capital, Hospitals, Regulatory Bodies and Others