Recent Research: Respiratory Syncytial Virus Treatment Market Will Surpass $2.3 Billion by 2024
Transcription
Recent Research: Respiratory Syncytial Virus Treatment Market Will Surpass $2.3 Billion by 2024 According to a leading research and consulting firm, The Global Respiratory Syncytial Virus (RSV) treatment market will expand to unprecedented levels over the next decade, rising from approximately $640 million in 2014 to over $2.3 billion by 2024, representing an impressive Compound Annual Growth Rate (CAGR) of 29.9%. This report provides analysis of the Respiratory Syncytial Virus (RSV) treatment space across the seven Major Markets (7MM) of the US, France, Germany, Italy, Spain, the UK, and Japan, including annualized market data from 2014 and forecast to 2024. It discusses current treatment options, unmet needs and opportunities, and the drivers and barriers affecting RSV product sales in the 7MM. Browse Detailed Toc, Tables, Figures, Charts and Companies Mentioned in Respiratory Syncytial Virus Treatment Market Research Report athttp://www.absolutereports.com/opportunityanalyzer-respiratory-syncytial-virus-rsv-opportunityanalysis-and-forecasts-to-2024-10112595 According to this latest report, this robust growth, which will occur across the seven Major Markets (7MM) of the US, France, Germany, Italy, Spain, the UK, and Japan, will be driven by multiple new product launches in the currently sparse RSV arena. The director of a leading research firm states that, “Synagis (palivizumab) is the only licensed product indicated for the prevention of RSV in infants at a high risk of severe infection, and there are no prophylactic agents approved for adults”. Ask for Discount on Respiratory Syncytial Virus Treatment Market Research Report at – http://www.absolutereports.com/enquiry/request-discount/10112595 The director further explains: “Despite Synagis being effective in many patients, its short half-life and prohibitively high cost limit its utility. The anticipated launches of novel prophylactic monoclonal antibodies (mAbs) led by MedImmune’s MEDI8897 and Regeneron’s REGN2222, have provided hope for more cost-effective alternatives to Synagis. It is expected that these pipeline agents will be important players in the RSV space across the 7MM by 2024”. In addition, the anticipated licensure of the first adult vaccine to offer protection against RSV, Novavax’s RSV-F Vaccine, will also stimulate rapid growth in a previously untapped segment of the RSV marketplace, with elderly patients, especially those living in nursing homes. +1 408 520 9750 www.absolutereports.com Request sample PDF of this report at - http://www.absolutereports.com/enquiry/requestsample/10112595 These new products have come at a time when RSV presents a growing socioeconomic and public health burden. New game-changing agents will be enthusiastically welcomed, particularly as healthcare stakeholders are becoming increasingly open to novel interventions that may provide indirect costsavings by shortening, or even outright preventing, hospital stays. Despite the RSV treatment market’s promising prospects, there will be formidable logistical and financial hurdles to overcome in order to successfully assimilate novel RSV vaccines into existing immunization program infrastructure. However, such barriers will not hinder exciting market growth to 2024. About Absolute Report: Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters. Contact– Mr. Ameya Pingaley Absolute Reports +1-408 520 9750 Email – sales@absolutereports.com Website: www.absolutereports.com +1 408 520 9750 www.absolutereports.com
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