The avian flu treatment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Avian Flu Treatment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The avian flu treatment market size has grown strongly in recent years. It will grow from $11.52 billion in 2023 to $12.59 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increased demand for avian flu treatment, rise in measures to prevent the spread of bird flu, increased availability of treatment options, increased investment for healthcare infrastructure, and increased demand for poultry for consumption.
The avian flu treatment market size is expected to see strong growth in the next few years. It will grow to $18.03 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to growing awareness and diagnosis, government initiatives for pandemic preparedness, rising research and development investments, the need for effective therapeutics against avian influenza, and extensive research and development efforts. Major trends in the forecast period include the development of novel therapeutic approaches, future innovation and technologies, collaborative research efforts, new business development, and investment opportunities, and telemedicine and remote consultation implementation.
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Scope Of Avian Flu Treatment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Avian Flu Treatment Market Overview
Market Drivers –
The growing awareness and diagnosis are expected to drive the growth of the avian flu treatment market going forward. Awareness is the recognition of a condition, while diagnosis is the identification of a specific issue based on that awareness. The demand for avian flu treatment arises from the urgent need to safeguard public health, prevent potential pandemics, and protect poultry populations from significant economic losses. Awareness and early diagnosis are crucial for effective avian flu treatment, enabling prompt intervention and containment to prevent spread. For instance, in April 2024, as per the World Health Organization (WHO), a Switzerland-based intergovernmental organization, more than 8000 people were under active surveillance in the US from February 9, 2022, to March 29, 2024, after being exposed to animals thought to be HPAI A (H5N1) virus-infected. Therefore, growing awareness and diagnosis are driving growth in the avian flu treatment market.
Market Trends –
Major companies in the avian flu treatment market are focusing on creating partnerships to enhance efficacy and speed up the development of new treatments. Partnerships involve collaborations between pharmaceutical companies, research institutions, and government agencies to pool resources, share expertise, and conduct innovative clinical trials. For instance, in April 2024, CureVac N.V., a Germany-based biotechnology company, partnered with GSK plc, a UK-based pharmaceutical company, to create an investigative influenza A (H5N1) pre-pandemic vaccine candidate to address the potential future pandemic threat posed by the H5N1 avian influenza virus. This collaboration aims to evaluate the safety, reactogenicity, and immunogenicity of the monovalent vaccine candidate, which encodes an influenza A H5-antigen using CureVac’s proprietary second-generation mRNA backbone. The combined Phase 1/2 study will assess the vaccine candidate’s safety and effectiveness in healthy adults aged 18 to 64 as well as in older adults aged 65 to 85.
The avian flu treatment market covered in this report is segmented –
1) By Type: Antibiotics, Vaccines, Antiviral Agents, Immunoglobulins
2) By Distribution Channel: Online Pharmacies, Offline Pharmacies
3) By End User: Hospital, Institutional Health Centers, Clinics
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Regional Insights –
North America was the largest region in the avian flu treatment market in 2023. Asia-Pacific is expected to be the fastest growing region in the market. The regions covered in the avian flu treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the avian flu treatment market are Pfizer Inc., F. Hoffmann-La Roche Ltd., Merck & Co. Inc., Sanofi S.A., AstraZeneca Plc, Novartis AG, GlaxoSmithKline Plc, Gilead Sciences Inc., Baxter International Inc., CSL Limited, Moderna Inc., Cipla Ltd., Shionogi & Co. Ltd., Novavax Inc., Seqirus Pty Ltd., Sinovac Biotech Ltd., Emergent BioSolutions Inc., Dynavax Technologies Corporation, CureVac AG, Valneva SE, BioCryst Pharmaceuticals Inc., Siga Technologies Inc., Aridis Pharmaceuticals Inc., Inovio Pharmaceuticals Inc., Biolyse Pharma.
Table of Contents
1. Executive Summary
2. Avian Flu Treatment Market Report Structure
3. Avian Flu Treatment Market Trends And Strategies
4. Avian Flu Treatment Market – Macro Economic Scenario
5. Avian Flu Treatment Market Size And Growth
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27. Avian Flu Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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