The global 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 unhealthy lifestyle of people boosts the susceptibility to yellow fever across the world and is expected to upsurge the market growth.

Moreover, improving healthcare organizations in developing nations and increasing awareness among the people regarding the management of yellow fever is further assessed to bolster the growth of the yellow fever treatment market. However, factors such as inaccessibility of actual treatment options other than vaccination and inadequate supply of vaccination to encounter the growing demand anticipated to confine the market growth rate.

Increasing research and development for the development of vaccines for yellow fever is estimated to boost the growth of the global yellow fever treatment market throughout the forecasted period. For instance, Saint Louis University’s Centre for Vaccine Development introduced inspecting a vaccine for yellow fever in July 2021. Sanofi Pasteur subsidized this research and there is a need for increasing a new vaccine as the vaccine presently used consists of egg protein which cannot be used for individuals allergic to eggs.

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The pandemic has obstructed clinical trials, as many of them have been stopped owing to COVID-19. Scientists are facing huge challenges in carrying out clinical trials. Giving raw materials for the manufacture of drugs due to disruptions in transport systems is among the major problems faced by them. COVID-19 has had an adverse impact in countries such as India, Brazil, and Pakistan, as it impacted the preventive measures in contradiction of vector-borne diseases. Owing to COVID-19, a reduction in the vaccination rate of measles and yellow fever was observed in 2020.

Moreover, augmented support from several administrations for carrying out vaccination in large numbers is anticipated to boost the growth of the global yellow fever treatment market during the forecasted period. For example, the GAVI Alliance has financed more than US$ 500 million since 2001, for monitoring the spread of yellow fever and they are directing to protect lives by booming out immunization of individuals. They focus mostly on African countries as the majority of deaths occur because of yellow fever.

The market for yellow fever treatment is moderately competitive. With the rising applications of yellow fever treatment, new players are considering to enter the market. The companies are also involved in activities like joint ventures, acquisitions, partnerships, mergers, and collaborations. These activities aid in growing the effect of the players in the yellow fever treatment market, ultimately boosting the market growth.

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Competitive Analysis

Sanofi Pasteur SA, Pfizer Inc., BIOCRYST PHARMACEUTICALS, INC., Tychan Pte. Ltd., Johnson & Johnson Services, Inc., Takeda Pharmaceutical Company Limited, Bayer AG, GlaxoSmithKline plc, Bio-Manguinhos, Institut Pasteur de Dakar, FSUE Chumakov.

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