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Leading Growth Driver in the Chikungunya Market in 2025: Increasing Global Incidence Of Mosquito-Borne Diseases Driving Market Growth Driver's Influence
What market dynamics are playing a key role in accelerating the growth of the chikungunya market?Rising prevalence of mosquito-borne diseases is expected to propel the growth of the chikungunya market. The global incidence of mosquito-borne diseases like chikungunya is increasing due to climate change, urbanization, and other environmental factors. The treatment for chikungunya helps alleviate symptoms and reduce the risk of complications, improving patient recovery. For instance, in December 2024, the UK Health Security Agency reported a 201% increase in dengue cases among returning travelers in the UK, illustrating the growing public health challenges posed by mosquito-borne diseases. This increasing incidence is driving the chikungunya market's growth.
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How will the growth rate of the chikungunya market shape industry trends by 2034?
The chikungunya market has also grown steadily, expected to expand from $0.59 billion in 2024 to $0.65 billion in 2025 at a CAGR of 9.8%. Factors contributing to past growth include rising per capita healthcare expenditures, the increasing prevalence of emerging infectious diseases, higher disposable incomes, climate change, and greater awareness of mosquito-borne diseases.
The chikungunya market is projected to experience steady growth, expanding to $0.93 billion by 2029 at a CAGR of 9.4%. Growth drivers include an international increase in clinical trials, a growing elderly population, a rising demand for immunization, increased government and non-government initiatives, higher investments from public and private sectors, and supportive policy frameworks. Key trends anticipated during the forecast period include advancements in biotechnology for vaccine development, the emergence of new vaccine opportunities, the integration of CRISPR and AI for innovative solutions, strategic collaborations among pharmaceutical players, and the incorporation of telemedicine services.
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What trends are poised to drive the future success of the chikungunya market?
In the chikungunya market, companies are advancing innovative vaccines to prevent disease outbreaks and enhance immunity. In November 2023, Valneva SE received FDA approval for IXCHIQ, a live attenuated chikungunya vaccine, under accelerated approval based on anti-CHIKV antibody titers. The vaccine, administered as a single-dose injection, uses a weakened form of the virus to stimulate an immune response without causing disease, potentially offering long-term protection.
Which primary segments of the chikungunya market are driving growth and industry transformations?
The chikungunya market covered in this report is segmented -
1) By Type: Antiviral Drugs, Herbal And Complementary Treatments, Supportive Care, Vaccines
2) By Product Form: Liquid Form, Powder, Solid Form
3) By Disease Stage: Acute, Chronic, Post-Infection
4) By Sales Channel: Hospital Pharmacies, Online Pharmacies, Retail Pharmacies, Supermarkets
5) By End User: Caregivers, Healthcare Professionals, Patients
Subsegments:
1) By Antiviral Drugs: Nucleoside Analogues, Protease Inhibitors
2) By Herbal And Complementary Treatments: Ayurvedic Remedies, Homeopathic Treatments, Traditional Chinese Medicine
3) By Supportive Care: Pain Relievers (NSAIDs, Acetaminophen), Fluid Therapy, Physiotherapy
4) By Vaccines: Live-Attenuated Vaccines, Inactivated Vaccines, mRNA-Based Vaccines
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Which geographical regions are pioneering growth in the chikungunya market?
North America was the largest region in the chikungunya market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chikungunya market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the chikungunya market landscape?
Major companies operating in the chikungunya market are F. Hoffmann-La Roche Ltd., Merck & Co. Inc., Thermo Fisher Scientific Inc., Takeda Pharmaceutical Company Limited, Quest Diagnostics Incorporated, Eurofins Scientific SE, Grifols Diagnostic Solutions Inc., bioMérieux SA, Bio-Rad Laboratories Inc., DiaSorin S.p.A., Euroimmun AG, Evotec SE, Valneva SE, ELITechGroup S.A.S., Vaxart Inc., BioPerfectus Biotechnology Co. Ltd., CTK Biotech Inc., Creative Diagnostics Inc., Inovio Pharmaceuticals Inc., Biotrol Laboratories Pvt. Ltd.
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What Is Covered In The Chikungunya Global Market Report?
•Market Size Forecast: Examine the chikungunya market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the chikungunya market for a structured understanding.
•Key Players Overview: Analyze major players in the chikungunya market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the chikungunya market.
•Segment Contributions: Evaluate how different segments drive overall growth in the chikungunya market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the chikungunya market.
•Industry Challenges: Identify potential risks and obstacles affecting the chikungunya market.
•Competitive Landscape: Review strategic developments in the chikungunya market, including expansions, agreements, and new product launches.
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