Global human rabies vaccines market is expected to witness robust growth over the forecast period. Increasing global incidences of mortality due to rabies, growing issue of stray dogs in countries with low economic development, rising number of pets, lack of pet management services, low immunization rates in pets, and rising friendliness with pets are drivers estimated to boost growth of human rabies vaccine market. In addition, an increase in geriatric population base with decreased immunity is also anticipated to increase market growth.
According to the WHO, around 99% of rabies cases reported in 2015 were from domestic dogs. Other animals leading to rabies infection can be wild dogs, bats, foxes, raccoons, cats, and skunks. Bites, contact with saliva, and scratches by these animals are considered as the main causes of rabies infection. Most of the rabies-related deaths in the U.S are caused by bats. Low economic and rural regions have most number of rabies cases. Over 40% of patients suffering from rabies are children under 15 years of age.
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Rabies is diagnosed in animals as well as humans after onset of specific symptoms such as hydrophobia (fear of water) or aerophobia (difficulty in respiration). These symptoms that occur at the later stage of infection may lead to fatal effects and hence an HRV needs to be administered immediately after being bitten by rabid animals, even if these symptoms are not seen.
The market is segmented geographically in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. North America is estimated to dominate the market owing to high awareness levels among healthcare professionals, established healthcare infrastructure, high disposable income, and high government initiatives pertaining to awareness of rabies. The U.S. has been reported to be successful in eliminating canine rabies, which spreads from dogs to dogs. Europe is anticipated to follow North America with a close difference, driving factors for the same being rising R&D activities for the development of more efficient vaccines, increasing geriatric population, and presence of key manufacturers in this region.
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The Asia Pacific region is expected to be the fastest growing region over the forecast period. The factors favoring industrial growth are presence of high amount of target population, high level of unmet clinical needs, and rising economic growth of the countries in this region. More than 95% of human deaths owing to rabies are reported to occur in African and Asian countries. In Latin America, rabies by dog has been eliminated.
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