Smallpox is an acute contagious disease caused by the variola virus, a member of the orthopoxvirus family. There is no cure for smallpox, but vaccination can be used effectively to prevent infection from developing if given during a period of up to four days after a person has been exposed to the virus. There is no known specific treatment for smallpox, although research is being carried out in an attempt to create a medication capable of killing the virus.
Market Dynamics:
Rise in burden of smallpox, growing demand for safe and effective treatment, rise in focus on the development of safe and effective vaccine, and favorable government initiatives are major factors expected to propel the growth of the global smallpox treatment market.
For instance, in June 2021, the U.S. Food and Drug Administration (FDA) approved Chimerix’s brincidofovir (BCV, Tembexa) to treat smallpox. The FDA approved Tembexa under the agency’s Animal Rule, which allows findings from adequate and well-controlled animal efficacy studies to serve as basis of an approval when it is not feasible or ethical to conduct efficacy trials in humans.
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Smallpox Treatment Market Drivers:
- Prevalence of Smallpox: The prevalence of smallpox, particularly in regions where the disease is still a concern or poses a potential threat, is a significant driver for the smallpox treatment market. Higher prevalence increases the demand for effective treatments and drives research and development efforts to combat the disease.
- Government Funding and Initiatives: Government funding plays a crucial role in driving the smallpox treatment market. Governments allocate funds for research and development activities, including the development of new therapeutics and vaccines, stockpiling of treatments, and strengthening healthcare infrastructure to effectively manage smallpox outbreaks.
- Awareness and Education: Awareness about smallpox among healthcare professionals, policymakers, and the general population is vital for the growth of the treatment market. Increased awareness leads to early detection, prompt treatment, and preventive measures, thereby driving the demand for smallpox treatment options.
- Emergency Preparedness and Response: The need for emergency preparedness and response to potential smallpox outbreaks or bioterrorism threats is another driver of the treatment market. Governments and international organizations invest in stockpiling smallpox treatments, vaccines, and related products to ensure readiness in case of an emergency, thereby stimulating the market.
Detailed Segmentation:
- Global Smallpox Treatment Market, By Treatment Type:
- Antiviral Drugs
- Vaccination
- Supportive Care
- Global Smallpox Treatment Market, By Product Type:
- Vaccines
- Antiviral Drugs
- Global Smallpox Treatment Market, By Distribution Channel:
- Hospitals
- Clinics
- Retail Pharmacies
- Online Pharmacies
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Table of Contents with Major Points:
Executive Summary
- Introduction
- Key Findings
- Recommendations
- Definitions and Assumptions
Market Overview
- Definition of Smallpox Treatment Market
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Trends and Developments
Key Insights
- Key Emerging Trends
- Key Developments Mergers and Acquisition
- New Product Launches and Collaboration
- Partnership and Joint Venture
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
Qualitative Insights Impact of COVID-19 on Global Smallpox Treatment Market
- Supply Chain Challenges
- Steps taken by Government/Companies to overcome this impact
- Potential opportunities due to COVID-19 outbreak
Conclusion
Appendix
- Data Sources
- Abbreviations
- Disclaimer
TOC Continued…!
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