Rift Valley Fever Treatment Market size is anticipated to surpass USD 2 Billion by the end of 2036, expanding around 5% CAGR during the forecast period i.e., 2024-2036. In the year 2023, the industry size of rift valley fever treatment was over USD 200 Million. The growth of the market can be attributed to the rising cases of rift valley fever. Mosquito-borne rift valley fever seems to grow in humans and animals owing to factors such as climate change that are creating ideal mosquito breeding grounds. Further, increased outbreaks accelerate the demand for supportive care and highlight the urgent need for specific treatments. In people, the total RVF CFR was determined to be 27.5%. In people and animals, the overall pooled prevalence was 7.8% and 9.3%, respectively.
As the threat of river valley fever expands, governments and research institutions are investing more money in developing new treatments and vaccines for the disease. This investment is likely to lead to the development of new and more effective treatments for river valley fever in the forecast period. Therefore, the development of new treatment options and medications for the river valley fever cure is further predicted to drive the growth of this market in the future times.
Author Credits: Radhika Pawar
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