Global Monkeypox Vaccine Market - Companies & Government Initiatives By 2031 | Most Leading Companies - Bavarian Nordic A/S, Emergent BioSolutions Inc., SIGA Technologies, Inc., BASF Corporation, Wellona Pharma

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.

Monkeypox Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Monkeypox is a viral zoonotic disease caused by the monkeypox virus (MPXV), a member of the Orthopoxvirus genus. It is closely related to smallpox but generally causes milder symptoms. The disease is characterized by fever, swollen lymph nodes, and a rash that progresses to fluid-filled lesions. Monkeypox spreads through direct contact with infected individuals, animals, or contaminated materials. While it was historically confined to Central and West Africa, recent outbreaks have occurred globally, prompting increased public health surveillance and vaccine development.

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. among others.

Industry Development:

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 to enhance public health security. Conducted by the NIHR Clinical Research Network, the mPower clinical trial aims to evaluate the effectiveness of an mRNA-based Mpox vaccine.

On August 27, 2024, Siemens Healthineers received approval from the Central Drugs Standard Control Organisation (CDSCO) to manufacture an RT-PCR kit for Monkeypox detection, marking a significant advancement in diagnostic capabilities.

Growth Forecast 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.

Research Process:

Both primary and secondary data sources have been used in the global Monkeypox Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Monkeypox Market:

By Vaccine Type: JYNNEOS (Imvanex), LC16-KMB, ACAM2000 , OrthopoxVac , Others

By Drug Type: Antiviral Drugs, Tecovirimat, Cidofovir, Brincidofovir, Vaccinia Immuneglobulin, Trifluridine, Antihistamine Drugs, Benadryl , Others, NSAIDsIbuprofen (Advil, Motrin) , Naproxen (Aleve), Others, Topical Anesthetics, Lidocaine, Benzocaine , Others

By Route of Administration: Oral, Topical, Parenteral

By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others

Regional Analysis for Monkeypox Market:

The regional analysis of the Monkeypox Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Monkeypox market?

➠ Who are the leading manufacturers in the global Monkeypox industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Monkeypox industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Monkeypox market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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