What is BCG Vaccine Market Scope?
Bacillus Calmette–Guérin (BCG) vaccine is defined as the vaccine, which is mainly used against tuberculosis. The various functions of using Bacillus Calmette–Guérin (BCG) vaccine in the human body, such as to prevent childhood tuberculosis meningitis, military infection, kids at high risk are usually immunized, and others. The increase in prevalence of tuberculosis and technological advancement in the field of vaccine research are some of the major drivers which are propelling the growth of the market
The BCG Vaccine market study is being classified by Type (Immune BCG and Therapy BCG), by Application (Hospitals, Clinics and Others) and major geographies with country level break-up.
Merck & Co., Inc., (United States), Sanofi Pasteur,(France), Japan BCG Laboratory (Japan), China National Biotec Group (China), Serum Institute of India Pvt. Ltd., (India), InterVax Ltd., (Canada), GreenSignal Bio Pharma Limited (India) and Statens Serum Institut. (Denmark) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global BCG Vaccine market by Type, Application and Region.
On the basis of geography, the market of BCG Vaccine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020.
In the year 2021, Annual Scientific Sessions of the American Diabetes Association and researchers from Massachusetts General Hospital revealed a positive update on the trials of BCG vaccinated to safely and significantly lower blood sugars.
On March 2013, as per an article published by the National Center for Biotechnology Information, that the adverse reactions to BCG vaccination are unusual, provided that correct immunization techniques should be used and that those to be vaccinated should properly select
Influencing Market Trend
- Technology Advancement of the BCG vaccine
Market Drivers
- Increase in Government Initiatives towards BCG Vaccine
- Numerous Company Investments Deployed For Research and Development
Opportunities
- Rising Demand from Emerging Economics Such as India, China and Others
Restraints
- Side Effects of BCG Vaccine
Challenges
- Lack of awareness regarding the benefits of BCG vaccine
Key Target Audience
Manufacturers of Bacillus Calmette–Guérin (BCG) vaccine, Suppliers of Bacillus Calmette–Guérin (BCG) vaccine part, Wholesalers, distributors and retailers of Bacillus Calmette–Guérin (BCG) vaccine, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
Customization available in this Study:
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