Rising Elderly Population Stokes West Nile Virus Infection Treatment Market

San Francisco, California, September 28, 2018: A recent report by TMR Research, titled, “West Nile Virus Infection Treatment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025,” states that West Nile Virus is an epidemic in Africa, Asia, Europe, the U.S., Australia, and the Middle East. The young children, the aged, and those afflicted with HIV and immunosuppression are highly prone to acquiring the disease.

The report then goes on to add that the global West Nile Virus infection treatment market is primed to rise owing to a large population of elderly worldwide, whose number will only increase in the days to come. Nevertheless, a major challenge the global West Nile Virus infection treatment market has to overcome is the dearth of sufficient knowledge about the malady among people. Apart from that, absence of infection specific treatment are also hampering the market.

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The report on the global West Nile Virus infection market informs that at present a specific course of treatment is not available in the market. This, however, has opened new growth avenues for keen players. They are now seen working on developing infection specific drugs. Hu-E16 monoclonal antibody procured from plant, leukocyte procured from interferon alfa-n3 in humans, CEL -1000, HBV -002, BG-323, VG-WNV, and ETX-112 are some of the potential drugs that are in the trial phase at present in the market.

From a geographical standpoint, Europe and North America lead the global West Nile virus infection treatment market. This is mainly because of the superior healthcare infrastructure, increased awareness about the malady, and higher public and private allocations for research and development programs devoted to finding better cures of the infection in the regions.

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Some of the key players in the global West Nile virus infection treatment market that have been profiled in the report are Hemispherx Biophrma Inc., Kineta Inc., Hawaii Biotech Inc., and CEL-SCI Corporation.

Improved Government Policies to Improve Healthcare Infrastructure

San Francisco, California, June 14, 2017 : The global West Nile Virus (WNV) infection is predicted to experience a rapid growth on account of increasing geriatric population, government policies to offer advanced healthcare, and developing healthcare infrastructure. TMR Research predicts that the global West Nile Virus infection market will grow substantially due to increasing investment in research and development activities across the world. The report is titled “West Nile Virus Infection Treatment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025”.

A rising geriatric race on global level along with pool of race with disease defense system are the vital factors driving the West Nile Virus infection treatment market. West Nile Virus is found in dead birds, ticks, and mosquitos. All these mediums are responsible for the increasing number of people suffering from this infection. West Nile Virus mostly attacks elder people, young age group, and people with HIV and other serious diseases. WNV can also be transmitted through infected animals, their blood, and other tissues. The symptoms of this virus include headache, skin rash, body pain, fever, swollen lymph glands, back pain, eye pain, nausea, sore throat, comatose state, paralysis, fatigue, and convulsions.

The global West Nile Virus infection treatment market is anticipated to witness a substantial growth owing to factors such as increasing count of people with weak immune system and rising geriatric population. However, lack of awareness regarding the infection and unavailability of specialized treatment are hampering the growth of the global WNV market. WNV virus is mostly spread through bird as compared to other sources. All these factors are predicted to increase the number cases of WMV infection across the world.

The global West Nile Virus infection treatment market can be classified into Asia Pacific, the Middle East and Africa, Latin America, North America, and Europe. The WNV infection market is expected to witness tremendous growth rate in all these regions owing to factors such as increasing support from governments for development of healthcare industry and addition in the infectious people with WNV. However, some of the countries in the Middle East and Africa region will show low growth rate on account of lack of healthcare infrastructure, financial disturbance, and lack of regulatory framework.

The study presents a detail overview of the factors affecting the growth of the global West Nile Virus infection treatment market. It also discusses the driving and restraining factors along with opportunities prevailing in the industry.

Some of the market participants are driving the growth the global West Nile Virus infection treatment market include Hemispherx Biophrma Inc., Hawail Biotech Inc., CEL-SCI Corporation, and Kineta Inc. Many leading players are investing on the research and development activities in order to increase their shares in the global market.