Yellow Fever Treatment Market Overview:
Yellow Fever Treatment Market size was valued at USD 520 million in 2022 and is projected to reach around USD 650 million in 2033 exhibiting a CAGR of 3.8% in the forecasted period.
The disease known as yellow fever, which is spread by mosquito bites and can be avoided with immunization, is epidemic-prone. Aides and Haem gouges mosquitoes carry the virus that causes yellow fever, which is transmitted to humans through arboviruses (a virus carried by arthropods like mosquitoes, ticks, or other insects). These mosquitoes can reproduce in homes, in woods or jungles, or in both types of environments. The potential for yellow fever to spread worldwide makes it a high-risk illness that could jeopardize the security of world health. Yellow fever frequently manifests as a headache, fever, nausea, and vomiting. In extreme situations, yellow fever can potentially damage the liver, kidney, and heart, among other organs.
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People’s unsanitary lifestyles, which increase their vulnerability to yellow fever worldwide, are predicted to hasten market expansion between 2022 and 2033. Additionally, it is anticipated that expanding public awareness of yellow fever treatment options and bettering healthcare infrastructure in developing nations will moderate the market’s expansion. The lack of effective treatment alternatives aside from vaccination and the inadequate supply of vaccinations to fulfil the growing demand are anticipated to limit the market growth rate, nonetheless.
Additionally, during the forecast period of 2022 to 2033, the growing research and development efforts, rising global healthcare spending, and high acceptance of healthcare solutions are projected to offer a number of new opportunities that will impact the growth of the yellow fever treatment market. The adverse effects of the yellow fever vaccination, which include headaches, body aches, and muscular soreness, are predicted to hinder the market’s expansion.
Drug Information
The yellow fever treatment market is divided into segments based on medications, such as histamine H2 antagonists, proton pump inhibitors, and antipyretics. Proton pump inhibitors held a maximum market share of 31% in 2021, dominating the industry. Due to the increased emphasis on preventing infection transmission from one patient to another, the proton pump inhibitor has generated the majority of market income. It has been shown that proton pump inhibitors are useful in treating yellow fever. Proton pump inhibitors provide oxygen and water, maintain normal blood pressure, replace lost blood, treat any secondary infections, and provide dialysis in the event of renal failure.
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Market Segments:
By Transmission Type
- Intermediate Yellow Fever
- Sylvatic Yellow Fever
- Urban Yellow Fever
- Others
By Medication
- Proton Pump Inhibitors
- Antipyretics
- Histamine H2 Antagonists
- Others
By End User
- Hospitals
- Homecare
- Specialty Clinics
- Others
Market by Geographically Analysis:
With a market share of almost 38% in 2021, North America seemed to be the greatest region for yellow fever treatments worldwide. The market for yellow fever treatment has been growing as a result of the growing number of R&D activities displayed by various small and medium-sized businesses in North America to provide medical healthcare facilities.
But between 2022 and 2030, the Asia Pacific market is predicted to expand at the greatest CAGR. The region’s market for yellow fever has been growing as a result of changes in lifestyle, increased food consumption, and population expansion. One of the main factors driving market growth is the expansion of government initiatives and the development of the healthcare infrastructure.
Key Market Players:
- Sanofi Pasteur SA
- Pfizer Inc.
- BIOCRYST PHARMACEUTICALS, INC.
- Tyche Pet Ltd.
- Johnson & Johnson Services, Inc.
- Takeda Pharmaceutical Company Limited
- Bayer AG
- GlaxoSmithKline plc
- Bio-Manguinhos
- Institute Pasteur de Dakar
- FSUE Chumakov
- Other players
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