Industry Background:
Monkeypox is a viral zoonotic complaint that occurs primarily in tropical rainforest areas of central and West Africa and is sometimes exported to other regions. Monkeypox is caused by monkeypox contagion, a member of the Orthopoxvirus rubric in the family Poxviridae. Monkeypox is generally a tone-limited complaint with the symptoms lasting from 2 to 4 weeks. Severe cases can do. In recent times, the case casualty rate has been around 3 – 6. Monkeypox is transmitted to humans through close contact with an infected person or beast, or with material defiled with the contagion. Monkeypox contagion is transmitted from one person to another by close contact with lesions, body fluids, respiratory driblets and defiled accoutrements similar as coverlet. Monkeypox is less contagious than smallpox and causes less severe illness. Monkeypox generally presents clinically with fever, rash and blown lymph bumps and may lead to a range of medical complications.This growth is primarily driven by High Prevalence of Infectious Diseases
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | Value (USD Million) |
Key Companies in Study | Emergent BioSolutions Inc. (United States), Wyeth Laboratories, Inc. (United States), Bavarian Nordic (Denmark), Sanofi Pasteur Biologics LLC. (United States), Chimerix (United States), Nanotherapeutics (United States), SIGA Technologies (United States), TapImmune (United States), Tonix Pharmaceuticals Holding (United States) and CEL-SCI (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Pharmaceuticals sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Emergent BioSolutions Inc. (United States), Wyeth Laboratories, Inc. (United States), Bavarian Nordic (Denmark), Sanofi Pasteur Biologics LLC. (United States), Chimerix (United States), Nanotherapeutics (United States), SIGA Technologies (United States), TapImmune (United States), Tonix Pharmaceuticals Holding (United States) and CEL-SCI (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2022, Bavarian Nordic announced BARDA exercised the first options (119 million boluses) under the contract to supply a snap- dried interpretation of the JYNNEOS smallpox vaccine. The transfer of the snap- drying process to our new filler and finish factory in Kvistgaard was initiated last time and, following an FDA examination in 2022, will lead to marketable manufacturing in 2023. To date, the Company has supplied nearly 30 million boluses of the liquid- firmed interpretation to HHS, with the vast maturity being delivered for exigency use before blessing of the vaccine by the FDA in 2019. The FDA also granted Bavarian Nordic a Priority Review Voucher under the Material trouble Medical Countermeasure program.The market is concentrated with a limited number of global market players who are still in innovations with monkeypox vaccine against any emerging virus as a treatment and are closely working with the big institution to ensure a sufficient and rapid supply of additional vaccines.
Regulatory Insights:
JYNNEOS™ is approved by the Food and Drug Administration (FDA) for prevention of smallpox and monkeypox disease in adults 18 years or older at high risk for smallpox or monkeypox infection.
Market Drivers
- High Prevalence of Infectious Diseases
- Expanding focus on Immunization Programmes
Market Trend
- Growth in R &D Activities to Develop New Vaccine
Restraints
- Monkeypox Vaccine Caused Several Serious Adverse Events
Challenges
High-cost Investments for Vaccine Development
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Monkeypox Vaccine Study Sheds Light on
The Monkeypox Vaccine Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Monkeypox Vaccine industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Monkeypox Vaccine industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.