The rising threat of a global Ebola pandemic is the major driver for the global Ebola drug and vaccines market, according to a new report from Transparency Market Research. The report, titled ‘Ebola Drug and Vaccine Market – Global Industry Analysis, Size, Share, Growth, Trends & Forecasts 2016 – 2024,’ presents a solid outline of the historical development of the market, in addition to comprehensive information about the market’s present condition. TMR analysts have further presented reliable predictions regarding the market’s development in the coming years based on insights into the market’s development pattern.
Ebola is a viral disease causing both external and internal bleeding, fever, muscular pain, headaches, vomiting, and notable impairment of liver and kidney functions. Like many viral diseases, Ebola can spread through direct contact with the body fluids of an affected human or animal. The Ebola drug and vaccines market came into the global spotlight after the epidemic in West Africa in late 2013. Since then, governments in many countries where Ebola has spread have taken steps to fund extensive research into treating the disease. Continued government support is crucial for the Ebola drug and vaccines market in the coming years.
The lack of an effective cure for Ebola has driven investment into the field, with the unknown variables about the Ebola virus necessitating extensive research to come up with treatments and disease management plans. This has also made research into Ebola drugs and vaccines financially lucrative for healthcare industry players due to the possibility of coming up with different containment and management solutions targeted at different aspects of the disease.
The government support to the Ebola drug and vaccines market has been amplified by the spread of the disease to the developed world. This has brought the matter to the attention of the much better equipped healthcare sector in the developed world, where long-term research into Ebola therapeutics is economically feasible. This has notably boosted research into the etiology and treatment of the disease in recent years. The prevailing risk of further outbreaks due to the increasing ease of getting in and out of the region where Ebola originated is likely to ensure steady funding for research into Ebola drugs and vaccines in the coming years.
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Geographically, North America is the leading contributor to the global Ebola drug and vaccines market. The advanced healthcare research scenario in North America is responsible for the leading share of the regional segment, with U.S. healthcare industry players having among the most comprehensive operations in the field of Ebola research.
The key companies in the global Ebola drug and vaccines market are Serepata Therapeutics, NewLink Genetics Corp., Tekmira Pharmaceuticals, BioCryst Pharmaceutical Inc., and Mapp Biopharmaceutical. The report presents detailed information about the market operations of these companies in order to derive vital insights into the competitive landscape of the Ebola drug and vaccines market.