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How has the imogam market grown in recent years?

The market size for Imogam has experienced a XX% growth (HCAGR) in the most recent years. Its expansion from $XX million in 2024 to a projected $XX million in 2025 indicates a compound annual growth rate (CAGR) of XX%. This marked rise during the historical period is credited to a greater rate of animal bites, enhancements in innovative therapy, ameliorated healthcare facilities, an uptick in healthcare spending, and a surge in the occurrence of immunodeficiency disorders.

How is the imogam market size expected to evolve during the forecast period?

Anticipations suggest that the Imogam market size will experience a CAGR of XX in the subsequent years, escalating to $XX million by the year 2029. The surging occurrence of rabies, amplified global travel, escalating research and development pursuits, intensifying vaccination initiatives, and government schemes can be singled out as the driving forces behind this growth in the forecast period. In the same noted period, the sector will observe emergent trends such as the rising adoption of combination therapy, augmented demand emanating from the pharmaceutical sector, growing preference for combination vaccines, advancements in blood plasma technology, and mounting investments funnelled into research and development.

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Which key drivers are propelling the imogam market’s growth?

The escalating frequency of animal attacks is projected to boost the expansion of the imogam market. The term ‘animal bites’ denotes circumstances where a human is bitten by an animal, potentially resulting in injuries that necessitate medical assistance. The augmentation in animal bite incidents can be linked to aspects like the burgeoning pet populace, insufficient animal management, and rising interaction between humans and animals. Imogam serves as an immediate post-exposure treatment for the victims of animal bites, offering passive immunity against rabies until the rabies vaccine is effective. For example, an article by Dogster, a bi-monthly US magazine and website, mentioned in September 2024, that dog bite cases were reported 6,000 times in 2023. Also, dog bite fatalities witnessed a fivefold surge, escalating from 5 in 2022 to 15 in 2023. Consequently, the escalating frequency of animal attacks is accelerating the growth of the imogam market.

What are the market segments in the imogam industry?

The imogam market covered in this report is segmented –

1) By Patient Demographics: Pediatric Patients, Adult Patients, High-Risk Groups

2) By Application: Post-Exposure Prophylaxis, Pre-Exposure Prophylaxis

3) By Distribution Channel: Hospitals, Specialty Clinics, Online Pharmacies, Pharmacies

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Which leading companies are shaping the growth of the imogam market?

Major companies operating in the imogam market include Sanofi SA

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Which geographic areas are influencing the growth of the imogam market?

North America was the largest region in the imogam market in 2024. The regions covered in the imogam market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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