Global DTaP Vaccine Market Overview:
DTaP (Diphtheria-Tetanus-acellular Pertussis) vaccine is a combination immunizing agent given by injection to protect against infections caused by diphtheria, tetanus (lockjaw), and pertussis (whooping cough). Diphtheria and tetanus (DT) vaccine is given to children and combined tetanus, diphtheria and acellular pertussis (Tdap) vaccine is given to adolescents and adults. As per sources, in 2017, DTaP vaccine sales value in china was ~27 Million USD. In 2018, ~151 000 cases of pertussis were registered globally. In addition, 86% of the global target population received the recommended three doses of DTP-containing vaccine during infancy in 2018. The rising government and non-government initiatives for vaccine development are expected to offer lucrative opportunities for market growth in the estimated forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Incidences Of Diphtheria, Tetanus And Pertussis
Market Growth Drivers:
Introduction Of Combination Vaccines and Enhancement Of Vaccine Development Technology
Challenges:
Strict Regulation & Longer Timeline Required To Produce Vaccines
Restraints:
Reactions Such As Seizure Or High Fever in Children
Opportunities:
Favorable R&D Scenario, Demand For D&T Containing Vaccines and Growing Efforts By Global Organizations To Promote Immunization Programs
Competitive Landscape:
The providers in the global DTaP vaccine market continue to focus on innovation and updation in their products. Such developments coupled with competitive pricing are likely to assist in increasing market share over the forecast period. The key players are investing heavily in research & development to enhance their product effectiveness on treating diphtheria, tetanus & pertussis diseases to maintain their market presence in altering consumer buying preferences.
Some of the key players profiled in the report are GlaxoSmithKline plc (United Kingdom), Sanofi (France), Novartis International AG (Switzerland), Merck (Germany), Pfizer Inc. (United States), Astellas Pharma Inc. (United States), Emergent BioSolutions Inc. (United States), AstraZeneca plc (United Kingdom), Serum Institute Of India (India) and Grifols, S.A.(Spain). Analyst at AMA Research see Global Players to retain maximum share of Global DTaP Vaccine market by 2030. Considering Market by Product Type, the sub-segment i.e. Generic Drug will boost the DTaP Vaccine market. Considering Market by End User, the sub-segment i.e. Hospitals will boost the DTaP Vaccine market.
Latest Market Insights:
In May 2023, the Bill & Melinda Gates Foundation partnered with UNICEF and Gavi, the Vaccine Alliance, to launch a new initiative aimed at expanding access to DTaP and other essential vaccines in low- and middle-income countries.
In 2023, the Serum Institute of India partnered with Novavax to manufacture and distribute its DTaP vaccine in low- and middle-income countries. This partnership aims to increase access to essential vaccines in these regions.
What Can be Explored with the DTaP Vaccine Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global DTaP Vaccine Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in DTaP Vaccine
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global DTaP Vaccine market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in DTaP Vaccine market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, DTaP Vaccine Manufacturer, Raw Material Suppliers, Traders and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.