Synopsis
The global market for Antivenom was estimated to be worth US$ 1041 million in 2024 and is forecast to a readjusted size of US$ 1383 million by 2031 with a CAGR of 4.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Antivenom cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Antivenom, also known as antivenin, venom antiserum and antivenom immunoglobulin, is a medication made from antibodies which is used to treat certain venomous bites and stings. They are only recommended if there is significant toxicity or a high risk of toxicity. The specific antivenom needed depends on the species involved. It is given by injection.
Technological innovation drives
AI design breakthrough in anti-toxin proteins: AI-designed micro-sized anti-toxin proteins (such as HT-101) can shorten the research and development cycle from 6-12 months to 2 weeks, reduce the cost of a single dose to below $20 (compared to $150-300 for traditional serum), and significantly improve stability (with 98% activity maintained at 40°C for 6 months).
Production process upgrade: Traditional animal-derived serum is accelerating its transition to a high-purity process, reducing the rate of allergic reactions through techniques such as chromatography purification (for example, the reaction rate of tetanus antitoxin decreased by 40%+).
Synthetic protein substitution: AI-designed proteins can neutralize multiple toxins (such as cobra three-finger toxin + silver ring snake neurotoxin), with a market share expected to exceed 30% by 2030.
Formulation innovation: Development of freeze-dried powder syringes is underway, supporting on-site emergency treatment.
Policy benefits: China has included anti-venom serum in Class A medical insurance with full reimbursement, accelerating the popularization in grassroots hospitals; Global procurement agreements have promoted the transfer of production capacity to India and China (cost reduction by 40%).
Technological iteration (AI-designed proteins + purification process) drives cost reduction and improvement in efficacy, policy support accelerates coverage in emerging markets, and the upgrade from multivalent serum to synthetic protein will reshape the industry landscape.
This report aims to provide a comprehensive presentation of the global market for Antivenom, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Antivenom by region & country, by Type, and by Application.
The Antivenom market size, estimations, and forecasts are provided in terms of sales volume (K Vials) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Antivenom.
Market Segmentation
By Company
CSL
Merck
BTG
Pfizer
Haffkine Bio-Pharmaceutical
Rare Disease Therapeutics
Flynn Pharma
Vins Bioproducts
Bharat Serums and Vaccines
Serum Biotech
MicroPharm
Segment by Type
Polyvalent antivenom
Monovalent antivenom
Segment by Application
Non-profit Institutions
Hospitals and Clinic
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Antivenom manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Antivenom in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Antivenom in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request