The global Marburg hemorrhagic fever drug market is anticipated to expand at substantial CAGR during the forecast period, between 2021 and 2028. Marburg virus causes Marburg viral disease (MVD), which has a case fatality rate of up to 88% but can be reduced significantly with proper patient care.
Marburg virus was first discovered in 1967, following simultaneous epidemic in Marburg and Frankfurt, as well as Belgrade, Serbia. The Filoviridae family includes Marburg and Ebola viruses (filovirus). The two diseases are clinically identical, despite the fact that they are caused by distinct viruses. Both illnesses are uncommon, but they have the potential to generate large-scale epidemics with substantial death rates.
Market Trends, Drivers, Restraints, and Opportunities
- Increased research and developments made in the vaccine production is expected to drive the growth for the market over forecast period.
- Rise in prevalence of chronic diseases around the world and increasing awareness about disease treatment are expected to raise the growth for the market.
- High cost associated with the treatment of Marburg hemorrhagic fever can hamper the growth for the market up to some extent.
- Increasing government support for research in drug is expected to act as an opportunity for the market growth.
Scope of Marburg Hemorrhagic Fever Drug Market Report
The report on Marburg hemorrhagic fever drug market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes
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Details
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Report Title
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Marburg Hemorrhagic Fever Drug Market - Global Industry Analysis, Growth, Size, Share, Trends And Forecast
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Base Year
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2020
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Historic Data
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2018 & 2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Marburg Vaccine, AVI-7288, TKM-Marburg, and Others) Application (Clinics, Hospitals, Others)
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Regional Scope
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Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
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Report Coverage
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Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
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Key Players Covered in the Report
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GlaxoSmithKline plc, Arbutus Biopharma, Sarepta Therapeutics, Integrated BioTherapeutics, Inc.
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Marburg Hemorrhagic Fever Drug Market Segment Insights
AVI- 7288 segment is projected to hold significant market share
In the terms of types, the market can be divided into Marburg vaccine, AVI-7288, TKM-Marburg, and Others. The AVI -7288 segment held a considerable share of the market in 2020. AVI-7288 is a positive-charged phosphorodiamidate morpholino oligomer that targets the viral messenger RNA that encodes the Marburg virus nucleoprotein. Its safety in humans has not been established. AVI-7288 has huge potential as a post exposure prophylactic for MARV infection in humans based on efficacy in nonhuman primates and pharmacokinetic studies in humans.
Hospital segment held substantial market share in 2020
Based on applications, the Marburg hemorrhagic fever drug market can be fragmented into clinics, hospitals, and others. The hospitals segment constituted a significant market share in 2020 and is projected to expand at a rapid rate during the forecast period. Treatment for Marburg hemorrhagic fever includes supportive hospital therapy, which includes balancing fluids and electrolytes, maintaining oxygen status and blood pressure, replacing lost blood and clotting components, and treating any aggravating infections.
North America dominates the global market
In terms of regions, the global market can be segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The increased investment in healthcare and presence of global market players in North America is expected to drive the growth for the market in the region over the forecast period. Moreover, increasing awareness regarding chronic diseases can boost the market during the forecast period.
Segments
By Types
- Marburg Vaccine
- AVI-7288
- TKM-Marburg
- Others
By Applications
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
By Key Players
Competitive Landscape
Key players in the Marburg hemorrhagic fever drug market include GlaxoSmithKline plc, Arbutus Biopharma, Sarepta Therapeutics, Integrated BioTherapeutics, Inc. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.