The Antivenom Market includes the production and distribution of antidotes for venomous bites and stings caused by snakes, spiders, scorpions, and other venomous creatures. Antivenoms are essential for managing and treating venom-related complications, especially in regions with high prevalence of venomous species.
Key Drivers:
- High incidence of snakebites and envenomation in rural and tropical areas.
- Growing government initiatives to improve access to antivenom in developing countries.
- Rising focus on developing effective and species-specific antivenoms.
Challenges:
- High production costs and complex manufacturing processes.
- Limited availability and storage challenges in remote areas.
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