Market Overview:
The 7 major BK virus infection markets reached a value of US$ 24 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 1,274.2 Million by 2034, exhibiting a growth rate (CAGR) of 40.9% during 2024-2034.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2034
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 24 Million |
Market Forecast in 2034
|
US$ 1,274.2 Million |
Market Growth Rate 2024-2034 |
40.9% |
The BK virus infection market has been comprehensively analyzed in IMARC's new report titled "BK Virus Infection Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". BK virus infection, caused by the polyomavirus BK, primarily affects individuals suffering from weakened immune systems, such as transplant recipients and those with HIV/AIDS. This virus lies dormant in the kidneys and urinary tract but can become active and lead to complications under immunocompromised conditions. Common symptoms include blood in the urine, kidney dysfunction, and pain during urination. While many infected individuals remain asymptomatic, severe cases can result in hemorrhagic cystitis or nephropathy, potentially jeopardizing transplant success. Diagnosing BK virus infection involves analyzing urine samples for the presence of the virus or detecting elevated levels of BK virus DNA in blood. Renal biopsies may be conducted to assess kidney damage. Additionally, molecular techniques like polymerase chain reaction (PCR) are also performed for accurate detection. Timely diagnosis is crucial for managing the infection and preventing complications.
![BK Virus Infection Market](https://www.imarcgroup.com/CKEditor/624b9dfa-fce5-4bbb-a3d9-08c013cf148dbk-virus-infection-market.webp)
The escalating cases of autoimmune diseases and malignancies that can compromise the immune system are primarily driving the BK virus infection market. In addition to this, the inflating utilization of antiviral medications, such as cidofovir and leflunomide, to curtail viral replication and mitigate the severity of BK virus-associated complications is also creating a positive outlook for the market. Moreover, the widespread adoption of immunosuppression management strategies, including drug adjustments and reduction of immunosuppressive agents, is further bolstering the market growth. Apart from this, the rising usage of supportive therapies, such as intravenous immunoglobulin (IVIG) and leflunomide, aimed at modulating the immune response and limiting viral spread, is acting as another significant growth-inducing factor. Additionally, the increasing awareness and implementation of preventive measures, including vigilant monitoring of immunocompromised patients and early detection through regular screenings, is also augmenting the market growth. Furthermore, the emerging popularity of cutting-edge technologies, such as adoptive T-cell therapy, which allows for the customization of T cells to specifically target and attack BK virus-infected cells, is expected to drive the BK virus infection market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the BK virus infection market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for BK virus infection and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the BK virus infection market in any manner.
Time Period of the Study
- Base Year: 2023
- Historical Period: 2018-2023
- Market Forecast: 2024-2034
Countries Covered
- United States
- Germany
- France
- United Kingdom
- Italy
- Spain
- Japan
Analysis Covered Across Each Country
- Historical, current, and future epidemiology scenario
- Historical, current, and future performance of the BK virus infection market
- Historical, current, and future performance of various therapeutic categories in the market
- Sales of various drugs across the BK virus infection market
- Reimbursement scenario in the market
- In-market and pipeline drugs
Competitive Landscape:
This report also provides a detailed analysis of the current BK virus infection marketed drugs and late-stage pipeline drugs.
In-Market Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Late-Stage Pipeline Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Drugs |
Company Name |
Brincidofovir |
SymBio Pharmaceuticals |
MAU868 |
Vera Therapeutics |
Posoleucel |
AlloVir |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Key Questions Answered in this Report:
Market Insights
- How has the BK virus infection market performed so far and how will it perform in the coming years?
- What are the markets shares of various therapeutic segments in 2023 and how are they expected to perform till 2034?
- What was the country-wise size of the BK virus infection market across the seven major markets in 2023 and what will it look like in 2034?
- What is the growth rate of the BK virus infection market across the seven major markets and what will be the expected growth over the next ten years?
- What are the key unmet needs in the market?
Epidemiology Insights
- What is the number of prevalent cases (2018-2034) of BK virus infection across the seven major markets?
- What is the number of prevalent cases (2018-2034) of BK virus infection by age across the seven major markets?
- What is the number of prevalent cases (2018-2034) of BK virus infection by gender across the seven major markets?
- How many patients are diagnosed (2018-2034) with BK virus infection across the seven major markets?
- What is the size of the BK virus infection patient pool (2018-2023) across the seven major markets?
- What would be the forecasted patient pool (2024-2034) across the seven major markets?
- What are the key factors driving the epidemiological trend of BK virus infection?
- What will be the growth rate of patients across the seven major markets?
BK Virus Infection: Current Treatment Scenario, Marketed Drugs and Emerging Therapies
- What are the current marketed drugs and what are their market performance?
- What are the key pipeline drugs and how are they expected to perform in the coming years?
- How safe are the current marketed drugs and what are their efficacies?
- How safe are the late-stage pipeline drugs and what are their efficacies?
- What are the current treatment guidelines for BK virus infection drugs across the seven major markets?
- Who are the key companies in the market and what are their market shares?
- What are the key mergers and acquisitions, licensing activities, collaborations, etc. related to the BK virus infection market?
- What are the key regulatory events related to the BK virus infection market?
- What is the structure of clinical trial landscape by status related to the BK virus infection market?
- What is the structure of clinical trial landscape by phase related to the BK virus infection market?
- What is the structure of clinical trial landscape by route of administration related to the BK virus infection market?