The global antidote market comprises antidotes that are used to treat poisoning and overdose caused by various substances such as drugs, chemicals, alcohol, opioids, and toxins. Antidotes are pharmaceutical remedies that help reverse or negate the effects of poisons, toxins, or venoms in cases of overdose or poisoning. Some of the widely used antidotes include naloxone, flumazenil, methylthioninium chloride, dimenhydrinate, glucagon, and pralidoxime. The need for antidotes is increasing significantly owing to rising cases of overdose and poisoning accidents caused by prescription drugs, opioid abuse, chemical spills, and consumption of poisonous plants or venomous animal bites.

The global antidote market is estimated to be valued at US$ 2.70 Bn in 2024 and is expected to exhibit a CAGR of 7.8% over the forecast period from 2024 to 2031.

Key Takeaways

Key players operating in the global antidote market are Dr. Reddy's Laboratories Ltd Viatris Inc., Fresenius Kabi AG, Zydus Lifesciences Ltd., Endo International plc, Novartis AG, Baxter International, Inc., Emergent BioSolutions Inc., Pfizer Inc., Hikma Pharmaceuticals PLC, Incepta Pharma, VINS Bioproducts Ltd Bharat Serums and Vaccines Limited, CSL Limited, Mediclone Biotech, Shanghai Serum Bio-technology Co., LTD., Haffkine Bio-pharmaceutical Corporation Ltd. and Premium Serums.

The key opportunities in the Global Antidote Market Demand include increasing healthcare investments and expenditure in emerging countries, development of combined antidotes for treating mixed drug overdose and poisoning cases, and strategic collaborations between antidote manufacturers and regulatory authorities.

The major players are focusing on global expansion by strengthening their presence in high-growth regions such as Asia Pacific, Latin America, and Middle East & Africa. Companies are also investing in R&D to develop new and improved antidotes for treating various types of poisons and overdoses.

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