Snake Antivenom Market Share, Size, Trends, Industry Analysis Report, By Type (Polyvalent Heterologous, Monovalent Heterologous, Homologous, and Small Molecule Anti-Toxins); By Mode of Action; By End User; By Region; Segment Forecast, 2024 – 2032

Snake Antivenom Market Share, Size, Trends, Industry Analysis Report, By Type (Polyvalent Heterologous, Monovalent Heterologous, Homologous, and Small Molecule Anti-Toxins); By Mode of Action; By End User; By Region; Segment Forecast, 2024 – 2032



The global snake antivenom market size is expected to reach USD 636.85 Million by 2032, according to a new study by Polaris Market Research. The report “Snake Antivenom Market Share, Size, Trends, Industry Analysis Report, By Type (Polyvalent Heterologous, Monovalent Heterologous, Homologous, and Small Molecule Anti-Toxins); By Mode of Action; By End User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rising prevalence of snakebites as a common public health issue across various regions and increased demand for effective venom neutralizing solutions or treatments, driving the market’s growth. Awareness among healthcare professionals about the identification, management, and treatment of snakebites, fostering the demand for antivenoms. Additionally, growing advances in R&D that results in the creation of more effective antivenom formulations and advancements in diagnostics and treatment methods, are further anticipated to boost market’s growth.
  • For instance, in January 2023, Ophirex Inc., announced that they completed a USD 37 million Series B financing. The funds will be used to continue clinical development and regulatory submission in order to advance broad-spectrum snakebite treatment.
The access to effective, safe, and quality products that are specially tailored to the endemic species has been becoming an important component to reduce the burden of snake bites. At the national level, there is insufficient manufacturing output of antivenoms to meet the clinical needs especially for antivenoms intended for use in region with scarcity of producers. Thus, there is an emerging opportunity for manufacturing or developing antivenoms with enhanced capabilities, which will also bode well for market’s growth.
  • For instance, according to a report published by the Indian Journal of Medical Research in April 2023, India is focusing on a national programme for prevention & control of snakebite in India that encourages the development new and effective antivenoms.
Furthermore, there is a growing emphasis on research & development activities in the field of snake antivenom which mainly includes activities like creation of new improved treatment formulations and improving the overall treatment outcomes. It helps patients quickly recover from the pain and reduces the number of constantly rising deaths due to snakebites across the globe.

Snake Antivenom Market Report Highlights
  • Polyvalent heterologous segment accounted for the largest share, due to its higher effectiveness and preference over alternative options
  • Neurotoxic segment held the maximum share, on account of rising prevalence of neurotoxic snakebites and its adoption among healthcare professionals
  • Hospitals & clinics segment will grow at fastest pace, owing to significant increase in patient population and improvements in hospitals infrastructure
  • Asia Pacific is expected to dominated the global market, due to rising incidences of snakebites and number of deaths occurs due to thus in the region
  • The key market players include Boehringer-Ingelheim Thermo Fisher, Hamilton Company, Incepta Vaccine, Novo Nordisk, Rare Disease Therapeutics, and Bioclon
Polaris Market Research has segmented the snake antivenom market report based on type, mode of action, end user, and region:

Snake Antivenom, Type Outlook (Revenue - USD Million, 2019 - 2032)
  • Polyvalent Heterologous
  • Monovalent Heterologous
  • Homologous
  • Small Molecule Anti-Toxins
Snake Antivenom, Mode of Action Outlook (Revenue - USD Million, 2019 - 2032)
  • Cytotoxic
  • Neurotoxic
  • Haemotoxic
  • Cardiotoxic
  • Myotoxic
  • Others
Snake Antivenom, End User Outlook (Revenue - USD Million, 2019 - 2032)
  • Hospitals & Clinics
  • Ambulatory Surgical Centers
  • Research Institutes
  • Others
Snake Antivenom, Regional Outlook (Revenue - USD Million, 2019 - 2032)
  • North America
- U.S.

- Canada
  • Europe
- Germany

- UK

- France

- Italy

- Spain

- Russia

- Netherlands
  • Asia Pacific
- China

- India

- Japan

- South Korea

- Indonesia

- Malaysia
  • Latin America
- Argentina

- Brazil

- Mexico
  • Middle East & Africa
- UAE

- Saudi Arabia

- Israel

- South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Snake Antivenom Market Insights
4.1. Snake Antivenom Market – End User Snapshot
4.2. Snake Antivenom Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Growing incidences of snakebites and rising investments on R&D activities spurring the global market growth.
4.2.1.2. Government Initiatives and Funding.
4.2.2. Restraints and Challenges
4.2.2.1. High Costs of Antivenom Production.
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Snake Antivenom Market End User Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Snake Antivenom Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Snake Antivenom Market, by Type, 2019-2032 (USD Million)
5.3. Polyvalent Heterologous
5.3.1. Global Snake Antivenom Market, by Polyvalent Heterologous, by Region, 2019-2032 (USD Million)
5.4. Monovalent Heterologous
5.4.1. Global Snake Antivenom Market, by Monovalent Heterologous, by Region, 2019-2032 (USD Million)
5.5. Homologous
5.5.1. Global Snake Antivenom Market, by Homologous, by Region, 2019-2032 (USD Million)
5.6. Small Molecule
5.6.1. Global Snake Antivenom Market, by Small Molecule, by Region, 2019-2032 (USD Million)
6. Global Snake Antivenom Market, by Mode of Action
6.1. Key Findings
6.2. Introduction
6.2.1. Global Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
6.3. Cytotoxic
6.3.1. Global Snake Antivenom Market, by Cytotoxic, by Region, 2019-2032 (USD Million)
6.4. Neurotoxic
6.4.1. Global Snake Antivenom Market, by Neurotoxic, by Region, 2019-2032 (USD Million)
6.5. Haemotoxic
6.5.1. Global Snake Antivenom Market, by Haemotoxic, by Region, 2019-2032 (USD Million)
6.6. Cardiotoxic
6.6.1. Global Snake Antivenom Market, by Cardiotoxic, by Region, 2019-2032 (USD Million)
6.7. Myotoxic
6.7.1. Global Snake Antivenom Market, by Myotoxic, by Region, 2019-2032 (USD Million)
6.8. Others
6.8.1. Global Snake Antivenom Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Snake Antivenom Market, by End User
7.1. Key Findings
7.2. Introduction
7.2.1. Global Snake Antivenom Market, by End User, 2019-2032 (USD Million)
7.3. Hospitals & Clinics
7.3.1. Global Snake Antivenom Market, by Hospitals & Clinics, By Region, 2019-2032 (USD Million)
7.4. Ambulatory Surgical Centers
7.4.1. Global Snake Antivenom Market, by Ambulatory Surgical Centers, By Region, 2019-2032 (USD Million)
7.5. Research Institutes
7.5.1. Global Snake Antivenom Market, by Research Institutes, By Region, 2019-2032 (USD Million)
7.6. Others
7.6.1. Global Snake Antivenom Market, by Others, By Region, 2019-2032 (USD Million)
8. Global Snake Antivenom Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Snake Antivenom Market Assessment, By Geography, 2019-2032 (USD Million)
8.3. Snake Antivenom Market – North America
8.3.1. North America: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.3.2. North America: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.3.3. North America: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.3.4. Snake Antivenom Market – U.S.
8.3.4.1. U.S.: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.3.4.2. U.S.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.3.4.3. U.S.: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.3.5. Snake Antivenom Market – Canada
8.3.5.1. Canada: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.3.5.2. Canada.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.3.5.3. Canada: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.4. Snake Antivenom Market – Europe
8.4.1. Europe: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.4.2. Europe.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.4.3. Europe: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.4.4. Snake Antivenom Market – UK
8.4.4.1. UK: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.4.4.2. UK.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.4.4.3. UK: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.4.5. Snake Antivenom Market – France
8.4.5.1. France: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.4.5.2. France.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.4.5.3. France: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.4.6. Snake Antivenom Market – Germany
8.4.6.1. Germany: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.4.6.2. Germany.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.4.6.3. Germany: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.4.7. Snake Antivenom Market – Italy
8.4.7.1. Italy: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.4.7.2. Italy.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.4.7.3. Italy: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.4.8. Snake Antivenom Market – Spain
8.4.8.1. Spain: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.4.8.2. Spain.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.4.8.3. Spain: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.4.9. Snake Antivenom Market – Netherlands
8.4.9.1. Netherlands: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.4.9.2. Netherlands.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.4.9.3. Netherlands: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.4.10. Snake Antivenom Market – Russia
8.4.10.1. Russia: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.4.10.2. Russia.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.4.10.3. Russia: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.5. Snake Antivenom Market – Asia Pacific
8.5.1. Asia Pacific: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.5.2. Asia Pacific.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.5.3. Asia Pacific: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.5.4. Snake Antivenom Market – China
8.5.4.1. China: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.5.4.2. China.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.5.4.3. China: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.5.5. Snake Antivenom Market – India
8.5.5.1. India: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.5.5.2. India.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.5.5.3. India: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.5.6. Snake Antivenom Market – Malaysia
8.5.6.1. Malaysia: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.5.6.2. Malaysia.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.5.6.3. Malaysia: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.5.7. Snake Antivenom Market – Japan
8.5.7.1. Japan: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.5.7.2. Japan.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.5.7.3. Japan: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.5.8. Snake Antivenom Market – Indonesia
8.5.8.1. Indonesia: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.5.8.2. Indonesia.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.5.8.3. Indonesia: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.5.9. Snake Antivenom Market – South Korea
8.5.9.1. South Korea: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.5.9.2. South Korea.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.5.9.3. South Korea: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.6. Snake Antivenom Market – Middle East & Africa
8.6.1. Middle East & Africa: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.6.2. Middle East & Africa.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.6.3. Middle East & Africa: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.6.4. Snake Antivenom Market – Saudi Arabia
8.6.4.1. Saudi Arabia: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.6.4.2. Saudi Arabia.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.6.4.3. Saudi Arabia: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.6.5. Snake Antivenom Market – UAE
8.6.5.1. UAE: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.6.5.2. UAE.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.6.5.3. UAE: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.6.6. Snake Antivenom Market – Israel
8.6.6.1. Israel: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.6.6.2. Israel.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.6.6.3. Israel: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.6.7. Snake Antivenom Market – South Africa
8.6.7.1. South Africa: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.6.7.2. South Africa.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.6.7.3. South Africa: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.7. Snake Antivenom Market – Latin America
8.7.1. Latin America: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.7.2. Latin America.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.7.3. Latin America: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.7.4. Snake Antivenom Market – Mexico
8.7.4.1. Mexico: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.7.4.2. Mexico.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.7.4.3. Mexico: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.7.5. Snake Antivenom Market – Brazil
8.7.5.1. Brazil: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.7.5.2. Brazil.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.7.5.3. Brazil: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
8.7.6. Snake Antivenom Market – Argentina
8.7.6.1. Argentina: Snake Antivenom Market, by Type, 2019-2032 (USD Million)
8.7.6.2. Argentina.: Snake Antivenom Market, by End User, 2019-2032 (USD Million)
8.7.6.3. Argentina: Snake Antivenom Market, by Mode of Action, 2019-2032 (USD Million)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Bharat Serums and Vaccine Limited
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Bioclon Institute
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. Boehringer-Ingelheim Thermo Fisher
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Boston Scientific Corporation
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. BTG International Inc.
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. CSL Limited
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Hamilton Company
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Incepta Vaccine Ltd.
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Inosan Biopharma
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Merck & Co. Inc.
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. MicroPharm
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Novo Nordisk A/S
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. Owen Mumford Ltd.
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development
10.14. Pfizer Inc.
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Recent Development
10.15. Rare Disease Therapeutics Inc.
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Product Benchmarking
10.15.4. Recent Development
10.16. VINS Bioproducts Limited
10.16.1. Company Overview
10.16.2. Financial Performance
10.16.3. Product Benchmarking
10.16.4. Recent Development

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