Press release
Monkeypox Market 2024-2031 Highly Accurate Outlook, and an Analysis of the Competitive Landscape - BASF Corporation, Wellona Pharma & Zuche Pharmaceuticals Private Limited.
Global Monkeypox Market reached US$ 93.17 million in 2023 and is expected to reach US$ 264 million by 2031, growing at a CAGR of 10.16% during the forecast period 2024-2031.DataM Intelligence has published a new research report on "Monkeypox Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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The Monkeypox market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Monkeypox is a viral zoonotic disease caused by the monkeypox virus, which belongs to the Orthopoxvirus genus, the same family as smallpox. Initially identified in monkeys, the virus is primarily transmitted to humans through direct contact with infected animals, such as rodents, as well as through human-to-human transmission via respiratory droplets, bodily fluids, or skin lesions. Symptoms of monkeypox typically include fever, headache, muscle aches, fatigue, and the development of a rash that progresses to lesions similar to those seen in smallpox. Although monkeypox is generally less severe than smallpox, it can still lead to complications, particularly in immunocompromised individuals. The disease is endemic to certain regions of Central and West Africa but has been reported in other parts of the world, leading to increased public health awareness and monitoring efforts.
Key Developments:
➤ In March 2024, the National Institute for Health and Care Research (NIHR) announced the launch of a new vaccine trial for Mpox in the UK aimed at enhancing public health. The mPower clinical trial, conducted by the NIHR Clinical Research Network, will evaluate the efficacy of an mRNA vaccine against Mpox.
➤ On August 27, 2024, Siemens Healthineers obtained approval from the Central Drugs Standard Control Organisation (CDSCO) to manufacture an RT-PCR kit for the detection of Monkeypox.
Forecast Growth Projected:
The Global Monkeypox Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Monkeypox Market:
Bavarian Nordic A/S, Emergent BioSolutions Inc., SIGA Technologies, Inc., BASF Corporation, Wellona Pharma, Zuche Pharmaceuticals Private Limited, Sambria Pharmaceuticals, Sun Pharmaceutical Industries Ltd., Pfizer Inc. and Teva Pharmaceuticals USA, Inc.
Segment Covered in the Monkeypox Market:
By Treatment Type: Vaccine Type, Drug Type.
By Route of Administration: Oral, Topical, Parenteral.
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others.
Regional Analysis:
The global Monkeypox Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Monkeypox Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Monkeypox Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Monkeypox manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Monkeypox in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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The research study aims to address the following key questions:
➡What is the expected growth rate of the Monkeypox Market during the forecast period of 2031?
➡What key factors are driving the Monkeypox Market across various regions?
➡What is the anticipated market scope for the projected period?
➡What major trends are influencing the industry's growth in the coming years?
➡What challenges does the Monkeypox Market face?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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