Healthcare Services

Growth, Trends, and Opportunities in the Monkey Pox Treatment Market: Key Insights for the Next Decade

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What is the Long-Term Projected Growth Rate for the Monkey Pox Treatment Market, and What Are the Key Drivers?

In recent times, the monkey pox treatment market has witnessed a swift expansion. This market, which is valued at $0.09 billion in 2024, is projected to increase to $0.1 billion in 2025, signifying a compound annual growth rate (CAGR) of 13.6%. The previous growth can be linked to multiple factors, such as increased occurrence in endemic regions, consciousness of zoonotic transmission, the impact of smallpox eradication, public health efforts, and the emergence of human cases.

The market for monkey pox treatment is projected to experience significant expansion in the coming years. By 2029, it’s anticipated to reach $0.17 billion, with a compound annual growth rate (CAGR) of 13.3%. Factors contributing to this increased growth during the forecast period include globalization and travel, governmental backing and funds, investments in biotechnology and pharmaceuticals, public health monitoring, and regulation endorsements. Key trends for the forecast period involve the development of antiviral drugs, the application of smallpox vaccines, monoclonal antibodies, combined treatment methods, and research into long-term immunity.

Which Primary Drivers Are Supporting the Continued Expansion of the Monkey Pox Treatment Market?

The escalating occurrence of zoonotic infections is set to fuel the advancement of the monkeypox treatment market in the future. Zoonotic infections are diseases that transfer from animals to humans via direct contact with contaminated environments or carriers. Enhanced interaction between humans and animals, by bringing them nearer, heightens the risk of zoonotic infections. Moreover, this risk further exacerbates due to climate change, which extends the range of disease carriers and brings pathogens to previously unaffected areas. Monkeypox treatments aim to tackle the zoonotic monkeypox by attacking the causing virus and reducing symptoms in both humans and potentially affected animals. For instance, as per a report in August 2024 by the UK Health Security Agency, a UK government agency, the confirmed monkeypox cases in the UK surged by 21 from last year, from 3753 cases in 2023 to 3732. Thus, the rising occurrence of zoonotic infections bolsters the monkeypox treatment market.

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Which Companies Are Leading the Charge in Expanding the Monkey Pox Treatment Market?

Major companies operating in the monkey pox treatment market are:

• Roche Holding AG_x000D_

• Merck & Co. Inc._x000D_

• Sanofi S.A._x000D_

• Gilead Sciences Inc._x000D_

• BioNTech SE_x000D_

What New Trends Are Reshaping the Monkey Pox Treatment Market and Its Opportunities?

Leading firms in the monkeypox treatment industry have shifted their focus towards remote supervision and teletherapy solutions like virtual care. This shift seeks to boost accessibility, simplify the management process, and enhance the effectiveness of the treatment plan. The deployment of virtual care in monkeypox treatment involves strategies such as virtual doctor consultations, symptom examination, and treatment proposals for both at-risk and infected persons. This approach minimizes the need for physical appointments. A clear example of this was in August 2022 when Folx Health, a healthcare organization based in the US, rolled out Monkeypox Care. This is a virtual primary care service specifically designed for individuals who may be at risk of or have contracted monkeypox. The strategy is comprehensive and includes elements like education, counseling, symptom examination, and referrals. This pioneering initiative aims at reaching inhabitants of care deserts – zones with restricted healthcare access, thus ensuring that all individuals, irrespective of their location, can access quality information and referrals.

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What Major Market Segments Define the Scope and Growth of the Monkey Pox Treatment Market?

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

Subsegments:

1) By Prophylactic Vaccines: Vaccinia-Based Vaccines, Modified Vaccinia Ankara (MVA) Vaccines, Other Vaccines (Recombinant Vaccines)

2) By Therapeutics: Antiviral Agents (Tecovirimat, Brincidofovir), Immune Modulators, Supportive Care Treatments

What Are the Top Regions Fueling Growth in the Monkey Pox Treatment Market?

North America was the largest region in the monkey pox treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the monkey pox treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Defining Features of the Monkey Pox Treatment Market?

Monkeypox treatment refers to the medical interventions and therapies used to manage and alleviate the symptoms of monkeypox, a viral disease caused by the monkeypox virus. It encompasses a range of therapeutic and supportive approaches aimed at reducing the severity of the disease and improving patient outcomes.

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