According to a new report by UnivDatos Market Insights, the Mpox Treatment Market is expected to reach USD XX Million in 2032 by growing at a CAGR of 10.86%. This is mainly due to several key factors that contribute to its rapid growth. The growing number of zoonotic infections is one of them because the increased contact with animals poses higher threats of diseases such as mpox to affect humans. This has brought awareness and the need for treatment and the prevention of such diseases into the limelight. Another factor is the governmental programs and grants as the promotion of high-risk vaccines and other antiviral therapeutics, including Tecovirimat which has already received the approval of regulatory authorities in some countries. Mpox is identified to be an internationally infectious zoonotic viral disease that has been both transported globally and travelled to different countries as the world continues to globalize and as people travel. Further, the rising patient awareness to advance mpox treatment through public-private partnerships for better research and development of mpox drugs and vaccines is also driving the growth of mpox treatment market.

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For instance, in September 2023, BioNTech SE and the Coalition for Epidemic Preparedness Innovations (CEPI) announced a strategic partnership to advance mRNA-based vaccine candidates with the development of BNT166 for the prevention of mpox. Through this partnership, CEPI will provide funding of up to $90 million to support the development of mRNA-based vaccine candidates.

Government Support and Funding

Governments around the globe are heavily engaged in the research and development of therapeutics and vaccines for Mpox treatment. This includes the funding for clinical trials and therapeutics such as tecovirimat commonly known as TPOXX and brincidofovir known as TEMBEXA which the FDA has approved for use in Mpox. The US government has created emergency use authorizations (EUA) for vaccines like JYNNEOS, which was developed for the intradermal administration to enhance vaccination among priority groups. This regulatory support also enables faster access to the requisite treatments during the spread of epidemics. The Mpox outbreak has been recognized as a public health emergency by the U.S. Department of Health and Human Services, which has boosted the funding for vaccine buying and administering. Government assistance such as supplies of JYNNEOSTM vaccine were determined to be replenished to coordinate the outbreak proficiently.

For instance, on December 16, 2022, CDC awarded $12.5 million in mpox response funding to 21 jurisdictions to expand vaccination and quickly implement other mpox response activities.

On January 31, CDC awarded $33.7 million in funding to 53 jurisdictions. This funding is intended to assist jurisdictions in responding to remaining cases of mpox; prevent future outbreaks by increasing vaccine accessibility, demand, and uptake among recommended populations; and to strengthen capabilities to prepare for, and respond to, the potential reintroduction of mpox cases.

According to the report, the Asia-Pacific region is expected to be the fastest-growing region in the forecast period.

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Asia-Pacific Mpox Treatment market is the fastest growing region due to various factors such as increased focus on infectious diseases in recent years, advancements in the pharmaceuticals and biotechnology industry, and increased research and development activities within this region. In both developed and developing countries more government funding has been reported for the construction of healthcare facilities and research projects in relation to antiviral drugs and vaccines. Education and prevention initiatives undertaken by the government and other welfare institutions are also important market promoters, that are flourishing growth of mpox treatment market in the Asia-Pacific region. For instance, in April 2023, Union Minister for Fisheries, Animal Husbandry and Dairying, Mr. Parshottam Rupala launched the “Animal Pandemic Preparedness Initiative” and World Bank-funded “Animal Health System Support” for “One Health” to enhance India's preparedness and response to potential animal pandemics, in line with the One Health approach. This initiative aims to enhance India's preparedness and response to animal pandemics, with a focus on zoonotic diseases that pose a threat to both animal and human health.