Schmallenberg Virus Treatment MarketSize and Trends
The global Schmallenberg virus treatment market is valued at US$ 110 million in 2023 and is expected to reach US$ 193.8 million by 2030, growing at a compound annual growth rate (CAGR) of 8.4% from 2023 to 2030.
Figure 1. Global Schmallenberg Virus Treatment Market Share (%), By Region, 2023
Schmallenberg Virus Treatment Market Trends:
- Research and Vaccine Development: There is a growing trend of research and development efforts focused on finding effective vaccines against the Schmallenberg virus. Researchers and pharmaceutical companies were exploring various vaccine technologies to develop vaccines that could provide protection to livestock against the virus.
- Supportive Care Solutions: Due to the limited availability of specific antiviral drugs for Schmallenberg virus, supportive care solutions were gaining prominence. Veterinary practitioners were emphasizing the importance of supportive care to manage symptoms, reduce pain and inflammation, and improve the well-being of infected animals.
- Zoonotic Concerns: The zoonotic potential of Schmallenberg virus, though rare, remained a concern for public health. This trend led to increased vigilance and monitoring of potential human cases, promoting a one-health approach to manage the virus and its impact on both animals and humans.
- Early Detection and Surveillance: Early detection and surveillance of Schmallenberg virus cases were becoming crucial for disease management. There was an increasing focus on improving diagnostic tools and surveillance systems to detect outbreaks promptly and implement control measures effectively.