Product Code: GVR-4-68039-981-4
Monkeypox Vaccine And Treatment Market Growth & Trends:
The global monkeypox vaccine and treatment market size is expected to reach USD 184.79 million by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.16% from 2022 to 2030. The growing government initiatives for combating the monkeypox virus threat and a surge in awareness about the disease are the major factors driving the market. Moreover, an increase in R&D activities to develop vaccines and treatments is expected to fuel market growth.
The incidence rate of infection is higher in men as compared to women. According to the CDC's data of August 2021, the monkeypox virus affected over 2,231 men of age 31 to 35 as compared to 11 women of age 31 to 35. The infection rate of the virus is more common in people between 20 to 50 years of age. Thus, the rising infection rates from the monkeypox virus are anticipated to fuel the demand for novel and effective treatment.
The increasing funding for boosting research activities and expanding manufacturing capacities of vaccine plants is likely to fuel market demand. For instance, in August 2022, the U.S. Department of Health and Human Services announced a funding of USD 11 million for providing support to fill and finish the manufacturing of JYNNEOS vaccine approved for preventing monkeypox and smallpox at GRAM, Michigan. This funding will assist GRAM to purchase extra equipment for JYNNEOS production.
Moreover, in July 2022, the pandemic institute awarded funding of around USD 580,049 to Liverpool researchers for managing the global threat of monkeypox. The funding is awarded for promoting research activities for understanding the stigma around the disease and developing new treatment regimens.
Furthermore, various strategic initiatives undertaken by the leading market players to strengthen their portfolio and market footprint are expected to facilitate market expansion. For instance, in August 2022, Bavarian Nordic A/S announced an agreement with Pan American Health Organization to boost equitable access to the Bavarian Nordic A/S monkeypox vaccine for countries in the Caribbean and Latin America. The vaccine delivery is likely to commence in the month of September.
In addition, in May 2022, SIGA Technologies, Inc. announced that its IV formulation TPOXX (tecovirimat) received U.S. FDA approval for the treatment of smallpox. The intravenous formulation is an alternative for patients who cannot swallow the oral formulation of the TPOXX. The IV formulation of TPOXX is also being used to manage the symptoms of monkeypox in the U.S.
However, the chances of side effects from the vaccine may hinder the market growth in the coming years. Some of the common side effects associated with the monkeypox vaccine include induration, muscle pain, swelling, nausea, and itching, among others.
Monkeypox Vaccine And Treatment Market Report Highlights:
- Based on product, the drugs segment held the largest share in 2022 owing to ongoing product approvals and increasing demand for antiviral drugs for the treatment
- The male segment accounted for the largest share in 2022 due to the higher prevalence of infections among men
- By route of administration, the oral segment dominated the market in 2022 due to the increased demand for oral antiviral drugs for the treatment of monkeypox disease
- The hospitals segment was the largest segment in 2022. The specialty clinics segment is anticipated to register the fastest growth rate throughout the forecast period
- Asia Pacific is expected to exhibit the fastest growth rate over the forecast period due to the increased risk of monkeypox infections and increasing awareness about vaccination
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation and Scope
- 1.1.1 Segment scope
- 1.1.2 Regional scope
- 1.1.3 Estimates and forecast timeline
- 1.2 Research Methodology
- 1.3 Information Procurement
- 1.3.1 Purchased database:
- 1.3.2 GVR's internal database
- 1.3.3 Secondary sources
- 1.3.4 Primary research
- 1.3.5 Details of primary research
- 1.4 Information or Data Analysis
- 1.4.1 Data analysis models
- 1.5 Market Formulation & Validation
- 1.6 Model Details
- 1.6.1 Commodity Flow Analysis
- 1.6.1.1 Approach: Commodity Flow Approach
- 1.7 Research Assumptions
- 1.8 List of Secondary Sources
- 1.9 List of Abbreviations
- 1.10 Objectives
- 1.10.1 Objective 1
- 1.10.2 Objective 2
- 1.10.3 Objective 3
- 1.10.4 Objective 4
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Competitive Insights
Chapter 3 Monkeypox Vaccine and Treatment Market Variables, Trends, & Scope
- 3.1 Market Lineage Outlook
- 3.2 Market Dynamics
- 3.2.1 Market drivers analysis
- 3.2.1.1 Increase in prevalence of monkeypox infection
- 3.2.1.2 Government initiatives to combat outbreak of monkeypox
- 3.2.2 Market restraint analysis
- 3.2.2.1 Side effects associated with the vaccine and treatment
- 3.3 Penetration & Growth Prospect Mapping
- 3.4 Monkeypox Vaccine and Treatment: Market Analysis Tools
- 3.4.1 Industry analysis - Porter's
- 3.4.2 PESTLE analysis
- 3.5 Regulatory Framework
- 3.6 Pricing Analysis
Chapter 4 Monkeypox Vaccine and Treatment Market Segment Analysis, By Product, 2022 - 2030 (USD Million)
- 4.1 Definition and Scope
- 4.2 Product Market Share Analysis, 2022 & 2030
- 4.3 Segment Dashboard
- 4.4 Global Monkeypox Vaccine and Treatment Market, by Product, 2022 to 2030
- 4.5 Market Size & Forecasts and Trend Analyses, 2022 to 2030
- 4.5.1 Vaccine
- 4.5.1.1 Vaccine market estimates and forecasts, 2022 - 2030 (USD Million)
- 4.5.1.1.1 JYNNEOS/Imvanex
- 4.5.1.1.1.1 JYNNEOS/Imvanex market estimates and forecasts, 2022 - 2030 (USD Million)
- 4.5.1.1.2 Smallpox Vaccine
- 4.5.1.1.2.1 Smallpox vaccine market estimates and forecasts, 2022 - 2030 (USD Million)
- 4.5.1.1.3 Others
- 4.5.1.1.3.1 Others market estimates and forecasts, 2022 - 2030 (USD Million)
- 4.5.2 Drugs
- 4.5.2.1 Drugs market estimates and forecasts, 2022 - 2030 (USD Million)
- 4.5.2.1.1 Tecovirimat
- 4.5.2.1.1.1 Tecovirimat market estimates and forecasts, 2022 - 2030 (USD Million)
- 4.5.2.1.2 Brincidofovir
- 4.5.2.1.2.1 Brincidofovir market estimates and forecasts, 2022 - 2030 (USD Million)
- 4.5.2.1.3 Cidofovir
- 4.5.2.1.3.1 Cidofovir market estimates and forecasts, 2022 - 2030 (USD Million)
- 4.5.2.1.4 Others
- 4.5.2.1.4.1 Others market estimates and forecasts, 2022 - 2030 (USD Million)
- 4.5.3 Vaccinia Immune Globulin (VIG)
- 4.5.3.1 Vaccinia Immune Globulin (VIG)market estimates and forecasts, 2022 - 2030 (USD Million)
Chapter 5 Monkeypox Vaccine and Treatment Market Segment Analysis, By Route of Administration2022 - 2030 (USD Million)
- 5.1 Definition and Scope
- 5.2 Route of Administration Market Share Analysis, 2022 & 2030
- 5.3 Segment Dashboard
- 5.4 Global Monkeypox Vaccine and Treatment Market, by Route of Administration, 2022 to 2030
- 5.5 Market Size & Forecasts and Trend Analyses, 2022 to 2030
- 5.5.1 Oral
- 5.5.1.1 Oral market estimates and forecasts, 2022 - 2030 (USD Million)
- 5.5.2 Injectable
- 5.5.2.1 Injectable market estimates and forecasts, 2022 - 2030 (USD Million)
Chapter 6 Monkeypox Vaccine and Treatment Market Segment Analysis, By Gender, 2022 - 2030 (USD Million)
- 6.1 Definition and Scope
- 6.2 Gender Market Share Analysis, 2022 & 2030
- 6.3 Segment Dashboard
- 6.4 Global Monkeypox Vaccine and Treatment Market, by Gender, 2022 to 2030
- 6.5 Market Size & Forecasts and Trend Analyses, 2022 to 2030
- 6.5.1 Male
- 6.5.1.1 Male market estimates and forecasts, 2022 - 2030 (USD Million)
- 6.5.2 Female
- 6.5.2.1 Female market estimates and forecasts, 2022 - 2030 (USD Million)
- 6.5.3 Others
- 6.5.3.1 Others market estimates and forecasts, 2022 - 2030 (USD Million)
Chapter 7 Monkeypox Vaccine and Treatment Market Segment Analysis, By End-use, 2022 - 2030 (USD Million)
- 7.1 Definition and Scope
- 7.2 End-use Market Share Analysis, 2022 & 2030
- 7.3 Segment Dashboard
- 7.4 Global Monkeypox Vaccine and Treatment Market, by End-use, 2022 to 2030
- 7.5 Market Size & Forecasts and Trend Analyses, 2022 to 2030
- 7.5.1 Hospitals
- 7.5.1.1 Hospitals market estimates and forecasts, 2022 - 2030 (USD Million)
- 7.5.2 Specialty Clinics
- 7.5.2.1 Specialty clinics market estimates and forecasts, 2022 - 2030 (USD Million)
- 7.5.3 Others
- 7.5.3.1 Others market estimates and forecasts, 2022 - 2030 (USD Million)
Chapter 8 Monkeypox Vaccine and Treatment Market Segment Analysis, By Region, 2022 - 2030 (USD Million)
- 8.1 Definition & Scope
- 8.2 Regional Market Share Analysis, 2022 & 2030
- 8.3 Regional Market Dashboard
- 8.4 Regional Market Snapshot
- 8.5 SWOT Analysis
- 8.5.1 North America
- 8.5.2 Europe
- 8.5.3 Asia Pacific
- 8.5.4 Latin America
- 8.5.5 Middle East and Africa
- 8.6 Market Size, & Forecasts, Revenue and Trend Analysis, 2022 to 2030
- 8.6.1 North America
- 8.6.1.1 North America market estimates and forecast, 2022-2030 (USD Million)
- 8.6.1.2 U.S.
- 8.6.1.2.1 U.S. monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.1.3 Canada
- 8.6.1.3.1 Canada monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.2 Europe
- 8.6.2.1 Europe monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.2.2 U.K.
- 8.6.2.2.1 U.K. monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.2.3 Germany
- 8.6.2.3.1 Germany monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.2.4 Spain
- 8.6.2.4.1 Spain monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.2.5 France
- 8.6.2.5.1 France monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.2.6 Italy
- 8.6.2.6.1 Italy monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.3 Asia Pacific
- 8.6.3.1 Asia Pacific monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.3.2 Japan
- 8.6.3.2.1 Japan monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.3.3 China
- 8.6.3.3.1 China monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.3.4 India
- 8.6.3.4.1 India monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.3.5 South Korea
- 8.6.3.5.1 South Korea monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.3.6 Australia
- 8.6.3.6.1 Australia monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.4 Latin America
- 8.6.4.1 Latin America monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.4.2 Brazil
- 8.6.4.2.1 Brazil monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.4.3 Mexico
- 8.6.4.3.1Mexico monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.4.4 Argentina
- 8.6.4.4.1 Argentina monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.5 MEA
- 8.6.5.1 MEA monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.5.2 South Africa
- 8.6.5.2.1 South Africa monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.5.3 Saudi Arabia
- 8.6.5.3.1 Saudi Arabia monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
- 8.6.5.4 UAE
- 8.6.5.4.1 UAE monkeypox vaccine and treatment market estimates and forecasts, 2022 - 2030 (USD Million)
Chapter 9 Monkeypox Vaccine and Treatment Market - Competitive Analysis
- 9.1 Recent Developments & Impact Analysis, by Key Market Participants
- 9.1.1 Ansoff matrix
- 9.1.2 Heat map analysis
- 9.1.3 Major Deals and Strategic Alliances Analysis
- 9.1.3.1 Joint Ventures
- 9.1.3.2 Licensing Agreements
- 9.1.3.3 Product Launches
- 9.1.3.4 Conferences and Campaigns
- 9.2 Company Categorization
- 9.2.1 Innovators
- 9.2.2 Market Leaders
- 9.3 Vendor Landscape
- 9.3.1 List of key distributors and channel partners
- 9.3.2 Key customers
- 9.4 Public Companies
- 9.4.1 Competitive Dashboard Analysis
- 9.4.1.1 Market Differentiators
- 9.5 Private Companies
- 9.5.1 List of key emerging companies
- 9.6 Company Profiles
- 9.6.1 Bavarian Nordic
- 9.6.1.1 Company overview
- 9.6.1.2 Financial performance
- 9.6.1.3 Product benchmarking
- 9.6.1.4 Strategic Initiatives
- 9.6.2 SIGA Technologies
- 9.6.2.1 Company overview
- 9.6.2.2 Financial performance
- 9.6.2.3 Product benchmarking
- 9.6.2.4 Strategic Initiatives
- 9.6.3 Chimerix
- 9.6.3.1 Company overview
- 9.6.3.2 Financial performance
- 9.6.3.3 Product benchmarking
- 9.6.3.4 Strategic Initiatives
- 9.6.4 EMERGENT
- 9.6.4.1 Company overview
- 9.6.4.2 Financial performance
- 9.6.4.3 Product benchmarking
- 9.6.4.4 Strategic Initiatives
- 9.6.5 Gilead Sciences, Inc.
- 9.6.5.1 Company overview
- 9.6.5.2 Financial performance
- 9.6.5.3 Product benchmarking
- 9.6.5.4 Strategic Initiatives