Dengue Fever Treatment Market 2023 to 2033: Advanced R&D Process Strategies
The global Dengue Fever Treatment Market is expected to garner a market value of US$ 877.82 Million in 2023 and is expected to accumulate a market value of US$ 5435.25 Million by registering a CAGR of 20% in the forecast period 2023 to 2033. The market for Dengue Fever Treatment registered a CAGR of 11% in the historical period 2018 to 2022.
According to the World Health Organization, the incidence
of dengue has grown dramatically over recent decades. Most of the reported
cases are asymptomatic, mild or self-managed, and hence the actual number of
infections are highly under-reported. Studies state that in 2022, and as of 19
December, 3,766,153 cases and 3582 deaths have been reported. The majority of
cases have been reported from Brazil (2,182,229), Vietnam (325 604),
Philippines (201,509), India (110,473) and Indonesia (94,355).
To enable effective treatment of dengue fever, market
players are effectively leveraging strategic partnerships with major
pharmaceutical corporations or research institutes, mergers & acquisitions
and capacity expansion initiatives. Various startups are launching clinical
trials to offer significant treatment for dengue. For instance, Singaporean
startup StratifiCare provides a severe dengue prediction kit. It uses a set of
proprietary biomarkers and a common laboratory assay platform. The solution is
currently in the clinical development stage. The kit is able to deliver
accuracy with 90% sensitivity and 97% specificity, in turn, reducing
hospitalization costs.
Market Competition
Key players in the Dengue Fever Treatment market are BMylan
N.V, Pfizer Inc., Teva Pharmaceuticals USA, Inc., Perrigo Company plc,
GlaxoSmithKline plc, Dr. Reddy’s Laboratories Limited, Fresenius Kabi USA, Sun
Pharmaceutical Industries Ltd., ABIVAX, Aurobindo Pharma, Baxter, EMERGEX
VACCINES, Hikma Pharmaceuticals PLC, Sanofi and Takeda Pharmaceutical Company
Limited among other global players.
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Key
Segments Profiled in the Dengue Fever Treatment Industry Survey
Type:
- Drug
- Vaccines
Route
of Administration:
- Oral
- Parenteral
End-User:
- Hospital
- Homecare
- Specialty
Clinics
- Others
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