PUBLISHER: TechSci Research | PRODUCT CODE: 1117685
PUBLISHER: TechSci Research | PRODUCT CODE: 1117685
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The United Kingdom monkeypox therapeutics market is projected to register growth at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the rising incidences of monkeypox in the country and expanding population with weak immunity.
Monkeypox is a virus with a rapid pace of dissemination. According to the World Health Organization, the illness has a 3-6% death rate and causes fever, excruciating headaches, swollen lymph nodes, and other symptoms (WHO). Through close contact with respiratory secretions and skin lesions, the disease can be transferred from one person to another. Generally, prolonged face-to-face contact is necessary for the transmission of respiratory droplet particles, putting health workers, household members, and other close contacts of active cases at risk.
The rapid spread of monkeypox is boosting the market's growth by driving the demand for emergency medications for timely and efficient treatment. Additionally, researchers around the United Kingdom are constantly working to create pharmaceuticals in large quantities so that more patients can avail them. To enable the development of new drugs to stop the spread of monkeypox around the world, research and development operations need to make significant expenditures on cutting-edge machinery and technologies.
Some of the primary growth-inducing elements for the monkeypox treatments market are the expanding infrastructure and the simple accessibility to healthcare facilities. The United Kingdom provides its residents with modern, state-of-the-art healthcare facilities that raise awareness of a variety of disorders. Additionally, the necessity to get tested if experiencing any symptoms is driven by the public's growing knowledge of the monkeypox virus. This increases the need for hospitals or clinics to provide quality medical care.
The United Kingdom monkeypox therapeutics market is segmented on the basis of treatment, end user, regional distribution, and competitive landscape. Based on end user, the market is divided into hospitals, specialty clinics, ambulatory surgical centers, and others. The hospital segment is anticipated to dominate the United Kingdom monkeypox therapeutics market, owing to the increasing number of patients getting admitted to the hospital to seek treatment for the virus rather than in other healthcare systems.
Major players operating in the United Kingdom monkey 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, among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers and presence of all major players across the country.
TechSci Research calculated the market size of the United Kingdom monkeypox therapeutics market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, United Kingdom monkeypox therapeutics market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Smallpox Vaccine
Antivirals
Vaccinia Immune Globulin (VIG)
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Others
London
Southeast
East Anglia
Scotland
Southwest
East Midlands
Yorkshire & Humberside
Rest of United Kingdom
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United Kingdom monkeypox therapeutics market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).