About Encephalitis Vaccine
Encephalitis virus is a mosquito-borne Flavivirus that can be transmitted from mosquitoes to wading birds, pigs, and other vertebrate hosts. This virus can be prevented using Encephalitis vaccines.The incidence rate for the Encephalitis virus is in a general low but can depend on the location and the season. This virus can be prevented using Encephalitis vaccines.The rise in government initiatives and recommendations to immunize children is also aiding the growth of the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that Chinese Players will contribute the maximum growth to Global Encephalitis Vaccine market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Liaoning Chengda (China), Wuhan Institute of Biological (China), Valneva (France), Tiantan Biological Products (China), Sanofi Pasteur (France), Chengdu Institute of Biological Products (China), GlaxoSmithKline (United Kingdom), Lanzhou Institute of Biological Products (China), Zhejiang Tianyuan Bio-Pharmaceutical (China) and Biken (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Encephalitis Vaccine market by , Application (Child and Adult) and Region.
On the basis of geography, the market of Encephalitis 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). If we see Market by End User, the sub-segment i.e. Hospitals will boost the Encephalitis Vaccine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Strain, the sub-segment i.e. Nakayama will boost the Encephalitis Vaccine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Research and Development Activities
Market Growth Drivers:
High Mortality and Morbidity Rate caused due to the Incidence of Encephalitis Virus and Rise in Government Initiatives and Recommendations to Immunize Children
Challenges:
Stringent Government Rules and Regulations for Vaccine Approval
Restraints:
Side Effects of the Varicella Live Vaccine
Opportunities:
Growth in the Healthcare Sector Worldwide and Growing Number of Campaigns and Programs for the Improvement in Awareness regarding the Benefits of Vaccines
Market Leaders and their expansionary development strategies
In September 2022, NSW expanded free access to the Japanese encephalitis (JE) vaccine to residents living in affected regional areas to protect those most at risk.
In Sept 2020, Valneva SE announced the signing of a new contract, lasting up to three years, with the U.S. government Department of Defense (DoD) for the supply of its Japanese encephalitis (JE) vaccine IXIARO®., and In Oct 2019, Bavarian Nordic A/S announced the initiation of the first-in-human trial of MVA-BN® WEV, a prophylactic vaccine candidate against the equine encephalitis virus - a rare, but potentially deadly illness.
Key Target Audience
Encephalitis Vaccine Manufacturers, Encephalitis Vaccine Traders/Distributors, Encephalitis Vaccine Importer/Exporter, Regulatory & Government Bodies, Research & Consulting Firms, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.