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8MM Exanthema Market Report 2025-2034 | Rising Viral Infections and Diagnostic Innovations Across Major Markets Fueling Growth
GlobeNewswire News Room· 2025-07-23 08:11
Core Insights - The exanthema market was valued at USD 1.39 billion in 2024 and is projected to grow at a CAGR of 6.10% to reach USD 2.51 billion by 2034, driven by rising viral and bacterial infections and advancements in diagnostic methods [1][13]. Market Drivers - The growth of the exanthema market is primarily driven by the increasing incidence of viral and bacterial infections, leading to skin rashes and related diseases, with notable diseases including measles, rubella, and chickenpox [2]. - Improvements in healthcare facilities and infrastructure are encouraging more individuals to seek medical care, further propelling market growth [2]. - Innovations in diagnostic methods, such as molecular testing and serological assays, are significantly boosting demand in the exanthema market [3]. Initiatives Supporting Growth - National and international organizations are launching initiatives aimed at preventing exanthema, such as the IA2030 Measles & Rubella Partnership, which includes prominent entities like the CDC and WHO, contributing to increased market demand [4]. - The emergence of outbreaks, such as the recent surge in measles cases in Romania, has heightened the urgency for effective interventions, thereby increasing the demand for treatments and vaccinations [5][6]. Regulatory Developments - New FDA approvals, such as Merck's announcement regarding the intramuscular administration of MMRV family vaccines, are expected to enhance convenience and accessibility, thereby increasing market demand [7]. Competitive Landscape - Pfizer Inc. and BioNTech SE are exploring mRNA vaccine candidates against shingles, indicating ongoing innovation and competition within the exanthema market [8]. Regional Insights - The United States is leading the exanthema market, expected to dominate due to the largest patient pool and market for treatment [10].