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West Nile Virus Therapeutics Market by Application and Geography - Global Forecast & Analysis 2019-2023

  • Published: Oct 2019
  • Pages: 152
  • SKU: IRTNTR32148
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The global west Nile virus therapeutics market has the potential to grow by USD 23.46 million during 2019-2023. The growth momentum will accelerate throughout the forecast period, and the market will grow at a CAGR of over 2%.

The availability of over-the-counter therapeutics is one of the major factors driving market growth. The US, the UK, and Canada are currently the significant markets for West Nile Virus Therapeutics.

West Nile Virus Therapeutics Market Report - Key Insights

West-Nile-Virus-Therapeutics-Market-Overview

Scope of this Report

The report provides a detailed analysis of the market by application and geography. Also, the report analyzes the market’s competitive landscape and offers information on several market vendors.

West-Nile-Virus-Therapeutics-Market-Report-Scope

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Market Segmentation      

West Nile Virus Therapeutics Market by Application

  • Neuroinvasive
  • Non-neuroinvasive

West Nile Virus Therapeutics Market by Region

  • Asia
  • Europe
  • North America
  • ROW

West-Nile-Virus-Therapeutics-Market-Report

Market Competitive Analysis

The West Nile virus therapeutics market is fragmented, and the degree of fragmentation will increase during the forecast period. Aurobindo Pharma Ltd., Bayer AG, GlaxoSmithKline Plc are some of the major market participants. Though the accelerating growth momentum will offer immense growth opportunities, the asymptomatic nature of the disease will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The report provides information on the production, sustainability, and prospects of several companies, including:

  • Aurobindo Pharma Ltd.
  • Bayer AG
  • GlaxoSmithKline Plc
  • Granules India Ltd.
  • Johnson & Johnson Services Inc.
  • Mylan NV
  • Novartis AG
  • Perrigo Co. Plc
  • Pfizer Inc.
  • Teva Pharmaceutical Industries Ltd.

West Nile Virus Therapeutics Market: Key Drivers and Trends

Because of the availability of OTC therapeutics for the treatment of the symptoms associated with West Nile Virus infection, West Nile Virus therapeutics are preferred to cure encephalitis and meningitis. The availability of these OTC therapeutics allows patients to self-medicate and treat their illness at home. The low cost of these drugs without the need for prescription increases patient adherence, thereby driving market growth. Considering the easy availability and high demand for these therapeutics, manufacturers are focusing on awareness programs. This will subsequently drive market growth over the forecast period.

  • West Nile Virus Therapeutics market trends such as the rising awareness about the infection will also influence market growth.
  • The primary aim of creating awareness about risk factors and symptoms, and the treatment measures is to educate the people about the fatal consequences of West Nile Virus infection if left untreated.
  • There is a growing demand for preventive and curative measures for this illness in countries such as UK, US, and Canada.
  • To cater to the growing demand, vendors are introducing a wide range of strategies and programs to create awareness across the world.
  • During 2019-2023, the market will register a CAGR of over 2%.

West Nile Virus Therapeutics Market: Segmentation by Region

West-Nile-Virus-Therapeutics-Market-Share-by-Region

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North America is a significant market for West Nile virus therapeutics. The rising disposable income of people, the availability of high-quality healthcare infrastructure, and improved diagnostic methods are driving market growth in the region.

During the forecast period, about 41% of the overall market growth will originate from North America. Moreover, market growth in this region will be faster than the growth of the market in Asia and ROW.

West Nile Virus Therapeutics Market: Segmentation by Application

West-Nile-Virus-Therapeutics-Market-Share-by-application

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The occurrence of different symptoms attributes to the demand in the neuroinvasive application. They are also highly preferred by clinical products manufacturers and companies that manufacture therapeutics for clinical conditions such as meningitis, encephalitis, and acute flaccid paralysis.

Market growth in the neuroinvasive application segment will be slower than the growth of the market in the non-neuroinvasive application segment.

West Nile Virus Therapeutics Market: Key Highlights of the Report

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the market during the next five years
  • Precise estimation of the global West Nile Virus Therapeutics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the West Nile Virus Therapeutics industry across Asia, Europe, North America, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of West Nile Virus Therapeutics companies  

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Neuroinvasive - Market size and forecast 2018-2023
  • Non-neuroinvasive - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Asia - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Shifting epidemiology of Flaviviridae
  • Rising awareness
  • Growing risk of spreading infections via blood transfusions

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Aurobindo Pharma Ltd.
  • Bayer AG
  • GlaxoSmithKline Plc
  • Granules India Ltd.
  • Johnson & Johnson Services Inc.
  • Mylan NV
  • Novartis AG
  • Perrigo Co. Plc
  • Pfizer Inc.
  • Teva Pharmaceutical Industries Ltd.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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