The global rabies vaccines market was estimated to be worth USD 1.1 billion, and over the course of the projection period, a CAGR of 5.1% is anticipated. The market for rabies vaccines is expanding dramatically due to the rising incidence of rabies. Individuals who receive three shots are less likely to contract rabies. A statistic states that over 59,000 people worldwide pass away from rabies each year.
Africa and the Asia-Pacific region account for the majority of rabies cases. Most people affected by the disease are under 15 years old, and the bulk of cases are located in rural areas. The disease's lack of awareness is fueling the market's expansion. The market is growing because more individuals are becoming aware of the need to diagnosis bacterial and viral diseases early on.

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Impact of Covid-19
Covid-19's severe lockdown circumstances, social distance, and interruption of the supply chain severely hurt the demand for rabies vaccines. When the pandemic first started, the CID-19 pandemic was the main concern for the public. However, when things started to stabilize, the market for rabies vaccines saw a notable increase once more as a result of an increase in rabies cases. A fatal viral illness that infects mammals, including humans, is rabies. The virus is spread by the afflicted animal's saliva.
Growth Drivers
The global rise in dog bite incidences is the primary driver of this market's expansion. The global public's growing knowledge of viral diseases is fueling the market's expansion. An further factor contributing to this market's growth is the rise in government initiatives. One barrier, though, is that people in rural areas are not aware of rabies.
The industry is expanding as a result of the growing number of pets. The market for rabies vaccines is expanding due to technological developments in vaccine manufacturing. The industry is expanding significantly due to government initiatives and efforts to restrict the spread of rabies. The demand for vaccinations is being driven by the expansion of immunization programs in developing nations across the globe.
The market is expanding as people become more inclined to keep dogs at home. The government's efforts to eradicate rabies, growing public concern over animal health, and developments in vaccination technology are all major factors propelling the market's expansion.
Segmentation
Vaccine Type
· Animal Vaccine
· Human Vaccine
Administration
· Oral
· Intramuscular
· Intradermal
Distribution Channel
· Hospital
· Pharmacies
· Retail Pharmacies
· Online Pharmacies
Regional Outlook
· Asia Pacific
· North America
· Europe
· Latin America
· Middle East and Africa
Key Players
· Sanofi Pasteur
· GlaxoSmithKline Plc
· Pfizer Inc
· Merck and Co.
· Boehringer Ingelheim
· Zoetis Inc
· Elanco
· HDCV
· Emovax
· Rabies Vaccine Human Diploid Cell Culture
· Other Players

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