Press release
Monkey Pox Treatment Market Report, Size, Share, Growth, Trends, Industry Outlook to 2033
Monkey Pox Treatment Market
The new report published by The Business Research Company, titled Monkey Pox Treatment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the monkey pox treatment market size has grown rapidly in recent years. It will grow from $0.08 billion in 2023 to $0.09 billion in 2024 at a compound annual growth rate (CAGR) of 13.3%. The monkey pox treatment market size is expected to see rapid growth in the next few years. It will grow to $0.15 billion in 2028 at a compound annual growth rate (CAGR) of 13.4%.
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What Is Driving The Growth Of The Global Monkey Pox Treatment Market?
Rising Zoonotic Cases Fuel Market Growth For Monkeypox Treatment
The increasing prevalence of zoonotic infection is expected to propel the growth of the monkeypox(mpox) treatment market going forward. A zoonotic infection is a disease that is transmitted from animals to humans through direct contact with contaminated environments or vectors. With increased human-animal interaction by bringing people and animals into closer contact raises zoonotic infection risks. Moreover, climate change worsens this risk by expanding disease vector ranges and introducing pathogens to new areas. Monkeypox treatments are used to manage zoonotic mpox by targeting the virus and alleviating symptoms in both humans and potentially infected animals. For instance, in August 2024, according to a report published by the UK Health Security Agency, a UK-based government agency, there were 3,732 confirmed mpox cases in the UK, rising by 21 more in 2023 with 3753 cases. Therefore, the increasing prevalence of zoonotic infection drives the monkeypox treatment market.
What Is The Key Trend In The Global Monkey Pox Treatment Market?
Advancements In Virtual Care For Monkeypox Treatment
Major companies operating in the monkeypox treatment market focus on remote monitoring and teletherapy solutions such as virtual care to enhance accessibility, streamline patient management, and improve overall treatment outcomes. Virtual care for monkeypox treatment provides remote medical consultations, symptom evaluation, and management strategies to individuals at risk or infected, facilitating access to care while reducing the need for in-person visits. For instance, in August 2022, Folx Health, a US-based healthcare company, introduced Monkeypox Care, virtual primary care services for individuals at risk of or affected by monkeypox. It employs a comprehensive strategy that includes education, counseling, symptom evaluation, and referrals. The initiative is designed to reach individuals in care deserts-areas with limited access to healthcare, ensuring that quality information and referrals are accessible to all, regardless of location.
How Is The Global Monkey Pox Treatment Market Segmented?
The monkey pox treatment market covered in this report is segmented -
1) By Treatment Type: Prophylactic Vaccines, Therapeutics
2) By Dosage Forms: Solid, Liquid, Semi Solid
3) By Route Of Administration: Oral, Topical, Parenteral
4) By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, Online Pharmacies
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How Is The Competitive Landscape Of The Global Monkey Pox Treatment Market?
Major companies operating in the monkey pox treatment market are Roche Holding AG, Merck & Co. Inc., Sanofi S.A., Gilead Sciences Inc., BioNTech SE, Moderna Inc., Quest Diagnostics Incorporated, Novavax Inc., Laboratory Corporation of America Holdings, Emergent BioSolutions Inc., Bavarian Nordic A/S, Aegis Sciences Corporation, Daan Gene Co. Ltd., Sansure Biotech Inc., SIGA Technologies Inc., Elabscience Biotechnology Inc., Mayo Clinic Laboratories, Tonix Pharmaceuticals Holding Corp., Altona Diagnostics GmbH, Lansion Biotechnology Co. Ltd., Goldsite Diagnostics Inc., Chimerix Inc., Emcure Pharmaceuticals Ltd., VBI Vaccines Inc
Contents Of The Global Monkey Pox Treatment Market
1. Executive Summary
2. Monkey Pox Treatment Market Report Structure
3. Monkey Pox Treatment Market Trends And Strategies
4. Monkey Pox Treatment Market - Macro Economic Scenario
5. Monkey Pox Treatment Market Size And Growth
…..
27. Monkey Pox Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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