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2020 Smallpox Treatment Market Research : International Size, Growth, Trends, Outlook and Future Scope Analysis by 2025 - Emergent BioSolutions, Pfizer, SIGA Technologies

04-07-2020 03:00 PM CET | Health & Medicine

Press release from: Business Industry Reports

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Smallpox Treatment Market

Smallpox Treatment Market

Global Smallpox Treatment Market overview:

The growing demand for Smallpox Treatment has provided a major boost to the Global Smallpox Treatment Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2020 up to 2024.

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The current therapeutic regimen for treating smallpox involves the use of vaccines as a preventive measure and antiviral drugs that are available as a curative option. The smallpox treatment market is expected to grow significantly during the forecast period, owing to the increasing stockpiling of smallpox therapeutics and the rise in drug approvals.

The global Smallpox Treatment Market is primarily segmented based on Product Type, Application, End-Use Industry and Regions.

Based on Product Type, the market is divided into:

1 Drugs

2 Vaccines

On the basis of End Use Industry, the market is split into:

 1 Hospital

2 Clinic

The smallpox treatment market is witnessing an increase in contract manufacturing practices, wherein the government is licensing manufacturers to develop smallpox vaccines. The development and manufacture of vaccines is a tedious process, which involves a lot of effort and expertise in both upstream and downstream. Thus, contract manufacturing organizations are hired to develop and manufacture vaccines to ease the process.

Objectives of the Study

To describe and forecast the global Smallpox Treatment Market on the basis of Product Type, industry verticals, Channel and regions.

To forecast the Smallpox Treatment Market size of the five main regional segments, namely North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.

To strategically analyzesubsegments with respect to individual growth trends, future prospects, and contribution to the total market.

To provide detailed information regarding the major factors influencing the growth of the Smallpox Treatment Market (drivers, restraints, opportunities, and challenges).

To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for major players.

To strategically profile key players and comprehensively analyze their core competencies and positioning.

To track and analyze competitive developments such as mergers and acquisitions, new product developments, and partnerships, agreements & collaborations in the Smallpox Treatment Market.

 Some of the Smallpox Treatment Market manufacturers involved in the market are Bavarian Nordic AS, Emergent BioSolutions Inc, Pfizer Inc, SIGA Technologies Inc., Acquisitions and effective mergers are some of the strategies adopted by the Smallpox Treatment Market manufacturers. New product launches and continuous technological innovations are the Smallpox Treatment Market strategies adopted by the major players.

Latest Industry Updates:

Pfizer Inc. (NYSE:PFE) and Eli Lilly and Company (NYSE:LLY) today announced that the U.S. Food and Drug Administration (FDA) accepted for review a Biologics License Application (BLA) for tanezumab 2.5 mg administered subcutaneously (SC), which is being evaluated for patients with chronic pain due to moderate-to-severe osteoarthritis (OA) who have experienced inadequate pain relief with other analgesics. Tanezumab is a monoclonal antibody that is part of an investigational class of non-opioid chronic pain medications known as nerve growth factor (NGF) inhibitors.

More than 27 million Americans are living with OA, 11 million of whom have moderate-to-severe OA. Currently available treatment options for moderate-to-severe OA do not meet the needs of all patients, and many cycle through multiple therapies to find relief from their pain. The Prescription Drug User Fee Act (PDUFA) goal date for the FDA to make a decision on the tanezumab application is in December 2020. In its acceptance letter, the FDA stated that it is currently planning to hold an Advisory Committee meeting to discuss this application.

"The FDA acceptance of the tanezumab application represents a significant milestone, and the breadth of our regulatory submission reflects the extensive clinical data we have gathered for tanezumab over the course of its development," said Ken Verburg, tanezumab development team leader, Pfizer Global Product Development. "There is an urgent need for innovation in the treatment of osteoarthritis, as there have been no new classes of medicines available for this debilitating condition in more than a decade. If approved, tanezumab would be a first-in-class treatment for patients suffering from chronic pain due to moderate-to-severe osteoarthritis who have experienced inadequate pain relief with other analgesics.

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Asia Pacific was a prominent market for Smallpox Treatments in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Smallpox Treatment market in Asia Pacific.

There are several manufacturers of Smallpox Treatments in Europe and North America. In North America, the demand for Smallpox Treatments is primarily driven by the residential sector. Improved standards of living and rising usage of Smallpox Treatments for flooring purpose are anticipated to drive the market in North America.

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Table of Contents:

Global Smallpox Treatment Market Report 2020

1 Smallpox Treatment Definition

2 Global Smallpox Treatment Market Major Player Share and Market Overview

3 Major Player Smallpox Treatment Business Introduction

4 Global Smallpox Treatment Market Segmentation (Region Level)

5 Global Smallpox Treatment Market Segmentation (Product Type Level)

6 Global Smallpox Treatment Market Segmentation (Industry Level)

7 Global Smallpox Treatment Market Segmentation (Channel Level)

8 Smallpox Treatment Market Forecast 2020-2024

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BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined - we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.

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