The global monkeypox therapeutics and vaccines market and global monkeypox diagnostic kits market is likely to grow at a healthy pace in the foreseen future, claims Roots Analysis

Post the global outbreak of the monkeypox disease in early 2022, there has been a surge in interest towards research for effective and safe vaccines / therapeutics intended for the management / treatment of disease symptoms

Roots Analysis has announced the addition of “Monkeypox Market: Focus on Therapeutics, Vaccines and Diagnostic Kits, 2023-2035” report to its list of offerings.

Given the increase in research and development activity in this domain and the substantial financial assistance provided by public funding institutes, the monkeypox therapeutics / vaccines and diagnostic kits market is projected to grow at a steady pace in the near future. The recent rise in the incidence of the monkeypox disease, also known as Mpox, has compelled both industry players and regional government authorities to undertake active initiatives in order to control the spread of the disease

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Key Market Insights

25+ monkeypox therapeutics and vaccines are currently approved / under development
More than 20% of the aforementioned candidates are approved or have been granted expanded access for the treatment / prevention of monkeypox. Further, 70% of the total candidates are in preclinical stages of development.

Over 120 developers claim to provide diagnostic kits for monkeypox virus detection
Interestingly, nearly 65% of the diagnostic kit providers are based in Asia-Pacific and rest of the world. Notably, around 50% of the total players engaged in this space are mid-sized firms.

Partnership activity within this domain has grown at a CAGR of ~150%, between 2018 and 2022
More than 85% of the partnerships were inked in the year 2022, indicating the recent surge in interest of industry stakeholders in this domain.

More than 250 grants have been awarded for research related to monkeypox therapeutics, vaccines and diagnostic solutions
Close to 40% of the total amount was awarded under the R01 mechanism (which supports research projects). Further, microbiology / immunology / virology departments emerged as the key research departments, having received over 35% of the total grants.

Over 230 articles related to monkeypox therapeutics, vaccines and diagnostic kits have been published between 2018 and 2022
35% of the articles published in this domain were research papers, followed by review papers (12%).

North America and Europe are anticipated to capture close to 95% share of the monkeypox therapeutics and vaccines market, by 2035
The monkeypox therapeutics / vaccines market’s evolution is likely to be driven by the rising need for novel drug candidates. In terms of type of product, vaccines are expected to occupy a larger share (99%) of the overall monkeypox therapeutics and vaccines market in 2035.

PCR Kits are anticipated to capture more than 70% share of the monkeypox diagnostic kits market, by 2035
In the long term, hospitals and clinics are likely to contribute to a majority share (~50%) of revenues as end users.

The research also includes detailed profiles of key players (listed below) engaged in the monkeypox therapeutics / vaccines and diagnostic kits markets; each profile features a brief overview of the company, details related to its product portfolio (therapeutics / vaccines or diagnostic kits), recent developments and an informed future outlook.
 Bavarian Nordic
 Emergent BioSolutions
 ACON Laboratories
 altona Diagnostics
 DNA Software
 Elabscience
 Goldsite Diagnostics
 Hangzhou Testsea Biotechnology
 Jiangsu Bioperfectus Technologies
 Lansion Biotechnology

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About Roots Analysis
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights.

Ben Johnson
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Request Sample - Monkeypox Treatment Market | Industry Analysis | Market Size | 2035
The monkeypox treatment therapeutics and vaccines market is likely to be driven by the rising need for novel drug candidates, at a healthy pace in the foreseen future
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