Report Code: A13335 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Anaphylaxis Treatment Market
Request Now !Anaphylaxis is a medical condition in which serious allergic conditions occur that may cause death of patient. Itchy rash, throat swelling, shortness of breath, vomiting, and low blood pressure are some symptoms of anaphylaxis. Moreover, it can cause cardiovascular, respiratory, gastrointestinal, and cutaneous manifestations result in death of patient. Insect bites, unwanted food consumption, and medication are common causes of anaphylaxis. Anaphylaxis is diagnosed on the basis of patient symptoms. Primary treatment of anaphylaxis consist of epinephrine injection into the muscle, then placing person with elevated feet to restore normal blood flow. Epinephrine auto-injector is suggested for the people who have anaphylaxis history. Other medication include anti-histamine and steroids are complementary.
COVID-19 Impact Analysis            Â
COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing shortage of these drugs. Thus, the pharmaceutical and biotechnology industry is expected to witness a significant growth in the future owing to the demand for vaccine and treatment drugs for COVID-19. This in turn is expected to have a significant impact on the anaphylaxis treatment market.
Top Impacting Factors
Market Trend
New Product Launches to Flourish the Market
In 2020, Bausch Health announced launch of Emerade in Canada. Emerade is a 0.3mg and 0.5 mg dose auto-injector use in treatment of anaphylaxis.Â
In 2019, Sandoz Inc. announced launch of SYMJEPI in U.S. This is a 0.3mg epinephrine injection for emergency treatment of allergic reaction including anaphylaxis.
In 2018, Teva Pharmaceutical received FDA approval for launch of epinephrine auto-injector. This was the first generic auto-injector equivalent to EpiPen which is an emergency injectable for anaphylaxis treatment.
Key Benefits of the Report
Questions Answered in the Anaphylaxis Treatment Market Report        Â
Anaphylaxis Treatment Market Report Highlights
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Key Market Players | Lincoln Medical Ltd., Merck & Co., Inc., Teva Pharmaceutical Industries Ltd., Adamis Pharmaceutical Corporation, Impax Laboratories Inc., Pfizer Inc, Mylan N.V., ALK-Abelló., MannKind Corporation, GlaxoSmithKline Plc. |
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