Encephalitis Treatment Market Size Forecasted to Reach $27.84 Billion by 2029 with 5.6% CAGR

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What are the primary drivers fueling the growth of the encephalitis treatment market in recent years?

Rising investment in healthcare infrastructure is expected to propel the growth of the encephalitis treatment market going forward. Healthcare infrastructure refers to the facilities, resources and services that support the delivery of medical care to individuals and communities. These facilities consist of hospitals, clinics and medical laboratories equipped with modern technology and staffed by trained healthcare professionals. The healthcare infrastructure plays a critical role in treating encephalitis by providing access to specialized medical facilities, diagnostic tools and supportive care. For instance, in May 2023, according to the American Health Care Association, a US-based nonprofit organization, the number of hospitals in the US increased from 6,129 in 2021 to 6,093 in 2022. Therefore, the rising investment in healthcare infrastructure is driving the growth of the encephalitis treatment market.

Encephalitis Treatment Market Driver: Increasing Neuroinvasive Disease Cases Fuel Growth In The Encephalitis Treatment Market

A rising number of neuroinvasive disease cases is expected to propel the growth of the encephalitis treatment market. Neuroinvasive disease refers to a medical condition in which a pathogen, such as a virus or bacteria, enters the nervous system and causes inflammation or damage to the nervous tissues. The escalating prevalence of neuroinvasive diseases drives demand for encephalitis and related treatments, prompting pharmaceutical companies and researchers to invest in developing new therapies and medications to meet the growing patient needs. For instance, in June 2023, according to the Centers for Disease Control and Prevention (CDC), a US-based public health agency, the number of neuroinvasive La Crosse virus human disease cases reported in the month of September 2022 reached 8, compared to 6 in the month of July 2022. Moreover, total cases reported in Ohio accounted for 13, the largest of any other region of the USA. Therefore, a rising number of neuroinvasive disease cases will drive the growth of the encephalitis treatment market.

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What is the projected market size of the encephalitis treatment industry, and how is it expected to grow?

The encephalitis treatment market size has grown strongly in recent years. It will grow from $21.09 billion in 2024 to $22.38 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to high incidence of encephalitis, prevalence of viral or bacterial infection, growing government initiatives, rising demand for preventive encephalitis vaccines.

The encephalitis treatment market size is expected to see strong growth in the next few years. It will grow to $27.85 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to rising healthcare expenditure, increase in the popularity of physical therapy, growing geriatric population, increasing awareness of encephalitis treatment. Major trends in the forecast period include advanced diagnostic tools, ai and ml in encephalitis diagnosis and treatment, development of personalized medicines, demand for preventive encephalitis vaccines, supportive cares.

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Who are the key players driving competition in the encephalitis treatment market?

Major companies operating in the encephalitis treatment market are Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche, Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Sanofi S.A., Bristol Myers Squibb, Abbott Laboratories, GlaxoSmithKline PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Amgen Inc., Teva Pharmaceutical Industries, Regeneron Pharmaceuticals, Aurobindo Pharma Limited, Hikma Pharmaceuticals PLC, Vir Biotechnology, Torrent Pharmaceuticals Ltd., Valneva SE, Sangamo Therapeutics, Xenon Pharmaceuticals, Tiziana Life Sciences, Vivet Therapeutics, Tetraphase Pharmaceuticals, QED Therapeutics.

What key trends are expected to drive the employment criminal background check services market during the forecast period?

Major companies operating in the encephalitis treatment market are focused on strategic investments to accelerate the development of innovative therapies, enhance their research and development capabilities, and expand clinical trials. For instance, in September 2023, Arialys Therapeutics, a US-based preclinical-stage company, secured $58 million in seed funding to advance its lead candidate, ART5803, designed to treat anti-NMDA receptor encephalitis (ANRE), a prevalent form of autoimmune encephalitis. The company plans to initiate clinical trials with healthy volunteers by late 2024, followed by testing in ANRE patients in early 2025. Arialys is focused on developing precision therapies that specifically target pathogenic antibodies impacting the central nervous system.

Which key geographies are driving the growth of the encephalitis treatment market?

North America was the largest region in the encephalitis treatment market in 2024. The regions covered in encephalitis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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What are the key segments driving growth in the encephalitis treatment market?

The encephalitis treatment market covered in this report is segmented –

1) By Disease Type: Primary Encephalitis, Secondary Encephalitis

2) By Treatment: Antiviral Agents, Steroid Injections, Antibiotics, Immunoglobulin Therapy, Plasmapheresis, Other Treatments

3) By Route of Administration: Oral, Parenteral, Other Routes Of Administrations

4) By Diagnosis: Imaging Tests, Blood Tests, Biopsy, Other Diagnosis

5) By End-User: Hospitals, Specialty Clinics, Other End-Users

Subsegments:

1) By Primary Encephalitis: Viral Encephalitis, Bacterial Encephalitis, Fungal Encephalitis, Parasitic Encephalitis

2) By Secondary Encephalitis: Post-Infectious Encephalitis, Autoimmune Encephalitis, Encephalitis Due To Systemic

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How is the encephalitis treatment market defined, and what are its core characteristics?

Encephalitis treatment is the treatment of a medical condition characterized by inflammation of the brain, usually caused by a viral infection, a fungal infection, an autoimmune reaction, or certain medications. Encephalitis treatment is used to manage symptoms, slow down the progression of the disease and prevent complications.

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