Market Trends of Anthrax Treatment Industry
This section covers the major market trends shaping the Anthrax Treatment Market according to our research experts:
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.
