Cyanide poisoning Treatment Market - Industry Trends and Forecast to 2026 with key market like Serb, CELGENE CORPORATION, Teva Pharmaceutical Industries Ltd, Hope Pharmaceuticals, Emergent BioSolutions Inc, Koninklijke Philips N.V Pfizer Inc
Cyanide poisoning Treatment Market By Sources (Industrial Sources, Non-Industrial Sources, Others), Types (Acute Poisoning, Chronic Poisoning), Treatment Types (Supportive Treatment, Antidotal Treatment), Route of Administration (Injectable, Inhalation), Drugs (Sodium Thiosulfate, Amyl Nitrite, Hydroxocobalamin, Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retailers and Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Analysis: Global Cyanide Poisoning Treatment Market
Global cyanide poisoning treatment market is growing at a steady CAGR in the forecast period of 2021-2026. Increasing research and development expenses and increase usage of fuel-burning appliances are some factors fueling the market growth.
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Market Definition: Global Cyanide Poisoning Treatment Market
Cyanide is fast-acting poisonous chemical compound that can exist in various forms such as hydrogen cyanide, cyanogen chloride or in crystal form. Breathing cyanide gas causes lethal conditions which affects our health. . The severity of cases depends on the amount of cyanide inhaled by the person, route of exposure such as inhales, touch and oral, time duration towards such exposure. Cyanide poisoning occurs when you inhaled cyanide gas unintentionally, it prevents the use of oxygen to reach in the blood cells as a result cells of the blood die and organs stop working eventually. The ingestion of cyanide is affected more in the heart and brain then other organs.
Market Drivers
High consumption of cigarettes and combustion products of synthetic materials as cyanide is involved as ingredients is driving the market growth
Growing chemicals and inorganics industries including electroplating, metal processing among others uses cyanide which boost the market growth
Rising initiatives from healthcare professionals as well as from the government to protect patient from accidental cyanide poisoning is accelerating the market growth
High demand of innovative technologies to address the effective treatment also acts as a market driver in the forecast period
Market Restraints
Limited availability of medicinal treatment options is restraining the market growth
Lack of trained personnel and stringent safety regulations also hinders the market growth
Patent expiration of innovative drugs and introduction generic drugs of branded version will impede the market growth
Segmentation: Global Cyanide poisoning Treatment Market
By Sources
· Industrial Sources
· Non-Industrial Sources
· Others
By Types
· Acute Poisoning
· Chronic Poisoning
By Treatment Type
· Supportive Treatment
· Antidotal Treatment
By Drugs
· Sodium Thiosulfate
· Amyl Nitrite
· Hydroxocobalamin
· Others
By End-Users
· Hospitals
· Homecare
· Specialty Clinics
· Others
By Distribution Channel
· Hospital Pharmacy
· Online Pharmacy
· Retailers
· Others
By Geography
· North America
· U.S.
· Canada
· Mexico
· South America
· Brazil
· Rest of South America
· Europe
· Germany
· France
· United Kingdom
· Italy
· Spain
· Russia
· Turkey
· Belgium
· Netherlands
· Switzerland
· Rest of Europe
· Asia-Pacific
· Japan
· China
· South Korea
· India
· Australia
· Singapore
· Thailand
· Malaysia
· Indonesia
· Philippines
· Rest of Asia Pacific
· Middle East & Africa
· South Africa
· Rest of Middle East & Africa
Key Developments in the Market:
In June 2018, Hope Pharmaceuticals filed supplemental New Drug Application (sNDA) to the FDA for sodium thiosulfate injection for the preventive treatment of complication associated with the administration of a chemotherapeutic agent. Sodium thiosulfate has been previously approved by the FDA for the treatment of acute cyanide poisoning. The FDA approval, broadens the clinical indication of sodium thiosulfate which further enhances the company’s commercializing milestones landscape in the therapeutic area of poison prevention
In September 2017, Emergent BioSolutions Inc has received approximately USD 63.00mm from Biomedical Advanced Research and Development Authority (BARDA) to develop antidote which is a spray device for the treatment of suspected acute cyanide poisoning. Under the five-year agreement, Emergent BioSolutions Inc will work with Southwest Research Institute in order to advance the clinical development activities. This fund will support preclinical development program for Emergent BioSolutions Inc’s lead candidate which will represent the major advances in the treating the patients
Competitive Analysis:
Global cyanide poisoning treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cyanide poisoning treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
Few of the major competitors currently working in the global cyanide poisoning treatment market are Merck KGaA, Serb, CELGENE CORPORATION, Teva Pharmaceutical Industries Ltd, Hope Pharmaceuticals, Emergent BioSolutions Inc, Koninklijke Philips N.V Pfizer Inc, Swedish Orphan Biovitrum AB, Pharmonix Biologicals Private Limited, Microtroniks, Kronox Lab Sciences among others.
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Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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