Anthrax Treatment Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 111 Pages I Mordor Intelligence
The anthrax treatment market is expected to register a CAGR of 7.8% over the forecast period.
The COVID-19 pandemic caused disruptions in the supply chains and treatment protocols for pharmaceuticals around the world, which also influenced the global antibiotics and immunoglobulins specific to the anthrax market. On a global scale, however, it appeared infrequently in developed countries compared to developing and underdeveloped nations. For instance, as per the report published by the Annals of Medicine and Surgery in September 2022, Zimbabwe and southern Kenya have seen anthrax outbreaks with significant morbidity and low mortality during the COVID-19 pandemic. Initiatives undertaken within the countries to lower the spread of diseases have positively impacted the market's growth. For instance, telecommunications firms were employed by countries including Nigeria, Zambia, So Tome and Principe, and Burkina Faso to promote the supply of information about preventative and control measures. Thus, there was a significant impact on the treatment of anthrax in developing regions during the pandemic that helped the market grow. As per the analysis, the reinstatement of the supply chains and healthcare facilities is another factor that is expected to contribute to the market under consideration eventually reaching its full potential in the post-pandemic phase.
Furthermore, the anthrax treatment market will show rapid growth due to the increase in research funding and the development of novel therapies for the treatment of anthrax. Along with the aforementioned considerations, the emergence of new anthrax animal cases in various regions also supports market expansion as human exposure to animal spores might result in anthrax.
The increasing number of novel developments for the innovative and effective treatment of anthrax is one of the major factors expected to boost the growth of the anthrax treatment market. There has been a surge in the development of novel therapies due to the rising threat of exposure to Bacillus anthracis among civilian populations and military forces. For instance, in December 2021, USAMRIID researchers found a way to prevent mice from contracting the lethal disease anthrax by altering an enzyme generated by the bacterium that causes it. Their conclusion could result in the development of new antibiotics for various bacterial illnesses as well as a potential therapeutic approach for multidrug-resistant anthrax strains. The growing threat of exposure has thus led to the development of new therapies for anthrax treatment, which will have a positive impact on the growth of the anthrax treatment market in the near future.
Similarly, the new cases of anthrax among animals influence the market as it spreads to humans through animal spores. For instance, according to the public notice published by the government of Sierra Leone in May 2022, new anthrax disease cases were discovered among animals in the northern district of Port Loko in the city of Sierra Leone, West Africa. This may increase the spread to humans and increase the demand for anthrax treatment, which is expected to drive the growth of the market during the study period.
However, the high cost associated with diagnostic treatment is expected to restrain the growth of the anthrax treatment market over the analysis period.
Anthrax Treatment Market Trends
Inhalation Anthrax Segment is Expected to Dominate During the Forecast Period
Inhalation anthrax is considered to be the deadliest form of anthrax. Infection usually develops within a week after exposure, but it can take up to two months. Inhalation anthrax starts primarily in the lymph nodes in the chest before spreading throughout the rest of the body, ultimately causing severe breathing problems and shock. Without treatment, inhalation of anthrax is almost always fatal.
The inhalation anthrax segment is expected to hold a major market due to the development of new products and various collaborations between the companies. For instance, as per the study report published by the MDPI journal in February 2022, they developed a recombinant human-like humanized antibody, 35PA83 6.20, that binds the protective antigen and inhibits the production of anthrax toxins in white New Zealand rabbits that have been intranasally exposed to the deadly 9602 strain. These advanced developments in the treatment of anthrax are expected to have a positive impact on the market segment's growth.
Furthermore, the additional funding for the development of various products for the treatment of inhaled anthrax propels the growth of the segment. For instance, in September 2021, Paratek Pharmaceuticals was awarded additional funding under the BARDA contract to advance the development of NUZYRA (omadacycline) for post-exposure prophylaxis (PEP) and the treatment of pulmonary anthrax.
Hence, all the above-mentioned factors and funding are expected to bolster the segment's growth throughout the forecast period.
North America is Anticipated to Dominate the Anthrax Treatment Market
North America is expected to dominate the global market owing to high government funding, supportive strategies, and the presence of key players in this region. Anthrax is rare in the United States, but sporadic outbreaks do occur in wild and domestic grazing animals, such as cattle or deer. Therefore, in the United States, yearly vaccination of livestock is recommended in areas where animals have had anthrax in the past. In the United States, a few people have developed anthrax while making traditional African drums from the skins of infected animals. However, all types of anthrax infections can be treated with antibiotics, including intravenous antibiotics and prescribed medications that are given to patients based on their medical histories. Anthrax Vaccine Adsorbed (AVA) or BioThrax is the anthrax vaccine indicated for active immunization for the prevention of disease caused by Bacillus anthracis in people aged 18-65 that are at a high risk of exposure. The vaccine has been licensed since 1970 and is currently manufactured by Emergent BioSolutions, Inc.
Moreover, factors such as initiatives by organizations like the CDC supporting the development of novel therapies for the treatment of anthrax drive market growth in the Americas. For instance, as per the report published by the American Chemical Society in September 2022, the team has taken a step toward the development of a therapeutic that can treat the infection in mice without antibiotics. According to the above-mentioned study, engineered Fc-fusion of a capsule-degrading enzyme is used as the new treatment option for anthrax. As a result, new advancements in the region during the anticipated forecast period will lead to market growth.
Similarly, new contracts for products from companies are expected to boost the market growth. For instance, in April 2022, Heat Biologics, Inc. (renamed NightHawk Biosciences) and Elusys Therapeutics finalized a contract with the Canadian government to deliver ANTHIM (obiltoxaximab for injection), a treatment for inhalation anthrax, for use against a potential anthrax attack.
Hence, all the above-mentioned factors are anticipated to augment the growth of anthrax treatment in the North American region.
Anthrax Treatment Market Competitor Analysis
The anthrax treatment market is fragmented due to the availability of more treatment options from various market players. There are a considerable number of companies developing therapeutics that are quite intense. Factors such as the increase in the development of new therapies and an increase in research funding will provide considerable growth opportunities for anthrax treatment manufacturers. The major players include Nighthawk Biosciences, Inc. (Elusys Therapeutics, Inc.), Almirall, LLC, Emergent, Paratek Pharmaceuticals, Inc., GSK plc, Teva Pharmaceuticals Industries Ltd., Bayer AG, Pfizer Inc., and Lilly.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increase in Research Funding
4.2.2 Development of Novel Therapies for Treatment of Anthrax
4.3 Market Restraints
4.3.1 High Cost Associated with Diagnostic Treatment
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION (Market Size by Value - USD million)
5.1 By Anthrax Type
5.1.1 Cutaneous Anthrax
5.1.2 Inhalation Anthrax
5.1.3 Gastrointestinal Anthrax
5.1.4 Injection Anthrax
5.2 By Drug Class
5.2.1 Antibiotics
5.2.2 Immunoglobulins
5.2.3 Others
5.3 By Distribution Channel
5.3.1 Hospitals
5.3.2 Pharmacies
5.3.3 Other Distribution Channels
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle East
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle East
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Almirall, LLC
6.1.2 Nighthawk Biosciences, Inc. (Elusys Therapeutics Inc.)
6.1.3 Emergent
6.1.4 Paratek Pharmaceuticals, Inc.
6.1.5 Pfizer Inc.
6.1.6 Bayer AG
6.1.7 GSK plc
6.1.8 Teva Pharmaceutical Industries Ltd.
6.1.9 Lilly
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.