West Nile Virus Infection Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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West Nile Virus Infection Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Status : October, 2020 | Pharmaceutical | PPT format

Report Digest


Global West Nile Virus Infection Treatment Market: Snapshot  

West Nile virus (WNV) belongs to the Flaviviridae family, comprising pestivirus, flavivirus, and hepacivirus. It is a positive stranded RNA virus and outbreaks of West Nile fever has occurred across the globe since the mid 90s. Moreover, West Nile Virus is currently an endemic in Asia, Africa, Australia, Europe, the Middle East, and the U.S. as well.  The infection bears negligible to no symptoms in human body. Elderly people, extremely young children, and those with immunosuppression and HIV, are most susceptible to West Nile fever.

One of the primary ways by which this virus is spread is by mosquitoes and one of the most commonly infected animal is birds. WNV is also found in dead birds. Birds in fact serve as the key host of spreading this infection. Migratory birds are transporting this virus to the temperate areas of Europe in spring. West Nile Virus is also found in ticks, but ticks are not the main vector for the spread of this disease. All these factors are likely to increase the number of people suffering from this infection and this is expected to drive the west nile virus infection treatment market.

The west nile virus infection treatment market report discusses the recent progress in the diagnosis and vaccination to treat West Nile Virus infections. As presently there are no effective vaccinations for the prevention of West Nile Infection, the market is challenging to many players. This is attracting players to enter in the market and invest in extensive research and development to come up with some form of medication and treatment options.

Global West Nile Virus Infection Treatment Market: Overview 

West Nile Virus (WNV) infections are transmitted through mosquitoes. Birds are the major carriers of West Nile virus. Mosquitoes that bite infected birds become vector for the virus. Individuals with a weak immune system and older people are at a high risk of WNV infection. 

Some of the symptoms of WNV include fever, muscle weakness, convulsions, back pain, eye pain, diarrhea, headache, swelling of lymph glands, paralysis, numbness, comatose state, fatigue, sore throat, confusion, nausea, and rash on stomach, chest, and back. Some other serious symptoms of NWV infection are inflammation of the brain and meningitis.

Global West Nile Virus Infection Treatment Market: Drivers and Restraints 

A rising geriatric population globally and an increasing pool of population with weak immune system leading to increased hospital admissions are the major factors driving the west nile virus infection treatment market. On the other hand, factors such as lack of awareness about the infection and unavailability of infection specific treatment are restraining the market’s growth. 

Global West Nile Virus Infection Treatment Market: Growth Opportunities 

Presently, the specific course of treatment for West Nile virus infection is not available. This has led West Nile virus infection treatment market players and research organizations to develop infection specific drugs. Drugs such as human leukocyte derived interferon alfa-n3, HBV-002, Hu-E16 monoclonal antibody derived from plant, CEL-1000, VG-WNV, BG-323, ETX-112, and innate immune agonists are some of the potential drugs and therapies that are under clinical trials. 

Global West Nile Virus Infection Treatment Market: Regional Outlook 

The global West Nile virus infection treatment market is divided into North America, Asia Pacific, Europe, and Rest of the World. North America and Europe are presently the leading markets for West Nile virus infection treatment. The dominance of these regions is due to the availability of advanced healthcare facilities, high awareness about the infection, and government support for research and development initiatives pertaining to the infection. 

Asia Pacific is expected to be the fastest-growing West Nile virus infection treatment market for the 2017-2025 period. Factors such as a large geriatric population, increasingly developing healthcare infrastructure, and government support to provide advanced healthcare are expected to propel the global WNV infection treatment market in Asia Pacific. In this region, China and India are expected to display the fastest growth due to surging medical tourism in these countries. Apart from India and China, Japan is expected to display significant growth due to the increasing support by the Japanese government for development of the healthcare industry in the country. 

Rest of the World (RoW) region comprises Middle East, Latin America, and Gulf Cooperation Council (GCC) countries. Latin American countries are anticipated to display significant growth than other countries in RoW region due to the presence of a well-laid regulatory framework coupled with a developing economy. On the other hand, African countries will display a low growth rate due to poor healthcare infrastructure, lack of regulatory framework, and poor economic growth. 

Companies Mentioned in Report 

Leading players in the global West Nile virus infection treatment market are Kineta Inc., Hemispherx Biophrma Inc., CEL-SCI Corporation, and Hawaii Biotech Inc. Each of the companies are profiled for key business attributes such as recent developments, financial standing, and SWOTs.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?