United Kingdom Monkeypox Therapeutics Market to be Dominated by Hospitals till 2027
The rising number of
monkeypox and the high demand for its effective emergency treatment are
projected to boost the growth of United Kingdom monkeypox therapeutics market
in the forecast period, 2023-2027.
According to TechSci Research report, “United Kingdom Monkeypox Therapeutics Market -
By Region, Competition Forecast & Opportunities, 2027”, the United Kingdom monkeypox therapeutics market is
expected to witness growth at a significant rate in 2023-2027. Money pox is a
rare, usually mild infection, which is caught from infected wild animals in
parts of Africa. It was first discovered in 1958 in monkeys which was kept for research
work — hence the name — with the first human case recorded in 1970, as per the
CDC. Monkeypox can occur due to a bite by an infected animal, or by touching
its blood, body fluids or fur. It is also possible to catch the disease by
eating non-vegetarian food of an infected animal that has not been cooked
properly. It is very unusual to catch monkeypox from a human as it does not
spread conveniently between people. Notably, it is possible to spread the
disease through touching clothing, bedding or towels utilized by someone with
the rash. The disease can also be transmitted by touching monkeypox skin
blisters or getting too close to coughs and sneezes from an infected person.
Symptoms of money pox appear between 5-21 days of an infection in case of the
first symptoms of an infection. Symptoms include a fever, a headache, muscle
aches, backache, swollen glands, shivering and exhaustion. The rash is
typically appearing one to five days after experiencing these symptoms. The
rash is sometimes confused with chickenpox, owing to its appearance like raised
spots which turn into small scabs filled with fluid. The symptoms usually clear
up within two to four weeks and scabs falls off. The increasing number of cases
across United Kingdom is driving the demand for money pox therapeutics.
However, high cost of monkeypox
treatment and extensive investments on research activities is expected to
impede the growth of the monkeypox therapeutics market during the forecast
period.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "UNITED KINGDOM MONKEYPOX THERAPEUTICS MARKET"
The United Kingdom monkeypox
therapeutics market is segmented into treatment, end user, regional distribution, and competitive
landscape.
Based on treatment, the market is
divided into smallpox vaccine, antivirals, vaccinia immune globulin (VIG). Smallpox vaccine segment is expected to
hold the significant share in the market during the forecast period, 2023-2027.
This is attributed to the fact that virus behind monkeypox and smallpox
relatively same. Smallpox vaccines develops immunity and protect people from virus
like this. This smallpox vaccine is made from the virus called Vaccinia.
Vaccinia is the widely used virus which belong to the Orthopxvirus along with
the variola virus. This virus is the live virus and not the killed or weakened
virus so the people who are vaccinated should take precautions from the virus
to spread.
Based on end user, the market is
segmented into hospitals,
specialty clinics, ambulatory surgical centers, others. Hospitals segment holds the
significant market share in the forecast period, 2023-2027. The increasing
number of patients getting admitted in the hospital for the curable treatment
of monkeypox rather than other healthcare systems, such as specialty clinics or
Ambulatory Surgical Centers (ASCs) is fueling the segmental growth.
Key market players leading in the United
Kingdom monkeypox therapeutics market are:
- Chimerix UK Limited
- SIGA Technologies, Inc.
- Emergent BioSolutions UK Ltd.
- Bavarian Nordic A/S
- Mylan N.V.
- Olon S.p.A.
- Teva UK Limited
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“As per the study, it is found that virus behind
monkeypox and smallpox is a close relative of the one that caused smallpox
however, in comparison with the smallpox, money pox is less deadly and less
transmissible. The virus occasionally spills over into humans, and infections
like this have become more common in recent decades. The individual who are
traveling to African countries are catching the symptoms of monkeypox and
contacting with the infected people are spreading the monkeypox across the
globe. Also, the monkeypox virus may be surreptitiously spreading from person
to person, with some number of undetected cases. In addition to this, the
incubation period between infection and symptoms is long, ranging from five to
21 days. This is further driving the need for therapeutics to combat with this
virus and to stop it from spreading is expected to boost the growth for
monkeypox therapeutics across United Kingdom till 2027” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm”.
“United Kingdom Monkeypox
Therapeutics Market By Treatment (Smallpox Vaccine, Antivirals, Vaccinia Immune
Globulin (VIG)), By End User (Hospitals, Specialty Clinics, Ambulatory Surgical
Centers, Others), By Region, Competition Forecast & Opportunities, 2027 has analyzed the future growth potential
of United Kingdom monkeypox therapeutics market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and assist decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with significant drivers, challenges, and
opportunities in United Kingdom monkeypox therapeutics market.
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