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Diphtheria Tetanus and Pertussis (DPT) Vaccine Market 2027 Forecast by MRFR - Institute of Biological Products, Lanzhou Institute of Biological Products, Merck & Co., Inc, etc
Diphtheria Tetanus and Pertussis (DPT) Vaccine Market
Observing the market structure, this report evaluates the future growth potential of the market and analyzes the strategies of the key players in the market. It also follows the competitive developments such as joint ventures, new product developments, mergers and acquisitions, research & developments (R & D) in the market.
The global DPT vaccine market has been segmented on the basis of application, type, and lastly region. As per the application-based segmentation, this market has been segmented into diphtheria, pertussis, and tetanus. Diphtheria is a serious bacterial infection. It affects the mucous membranes of the throat and nose. Pertussis is a highly contagious respiratory disease, commonly known as whooping cough. Tetanus is an infection characterized by muscle spasms. By types, the market has been segmented into DPaT, DTwP, and Tdap.
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Key Players for Global Diphtheria Tetanus and Pertussis (DPT) Vaccine Market
The key players in the global DPT vaccine market include Chiron Pharmaceutical Pvt Ltd (India), GSK (USA), Institute of Biological Products (China), Lanzhou Institute of Biological Products (China), Merck & Co., Inc (USA), Sanofi (France), Serum Institute of India Pvt. Ltd. (India), and Wyeth (USA).
Latest Industry News
The Lee County Health Department recently organized a vaccination drive for children that included vaccines against DTP, hepatitis B, measles, mumps and rubella (MMR), polio (IPV), and varicella (chickenpox). 20 JUL 2018
Various vaccination shots including DPT vaccines were offered to various uninsured and underinsured children for free in Las Vegas. 15 JUL 2018
Global DPT vaccine Market - Company Analysis
Merck: Merck provides a wide range of vaccines which includes BCG USP, Pneumonix, Varivax, Pedvax HIB, Recombivax HB and others.
Sanofi: Sanofi is a global life sciences company committed to improving access to healthcare and supporting the people we serve throughout the continuum of care. From prevention to treatment, Sanofi transforms scientific innovation into healthcare solutions, in human vaccines, rare diseases, multiple sclerosis, oncology, immunology, infectious diseases, diabetes and cardiovascular solutions, consumer healthcare, established prescription products and generics. Diphtheria and Tetanus Toxoids and acellular Pertussis Vaccine called Daptacel is the product offered by Sanofi which is the major market player.
Regional Analysis for Global Diphtheria Tetanus and Pertussis (DPT) Vaccine Market
The regional segmentation of the global DPT vaccine market segments the market into regional markets namely North America, Europe, Asia Pacific, and the Middle East & Africa (MEA). According to the report, the North American market, which is currently the largest regional market, is expected to grow steadily over the forecast period due to most advanced medical facilities and government aided grants for R & D with emphasis on vaccination against DPT being available in the United States of America (USA) and many key players in this region having bases of operations here. After the USA, most significant country-based markets in this region are Canada and Mexico.
Europe, the second largest market for DPT Vaccine, is expected to grow overwhelmingly during the forecast period. Factors that drive the market growth in this region include increasing R & D activities by pharmaceutical companies and research institutes, the presence of key market players, increasing awareness about immunization of children against DPT. In Europe, most key players are based in strong economies like the United Kingdom (UK) and France.
The report estimates the Asia Pacific to emerge as the fastest market during the forecast period. In this region, India as a market is likely to rise with incredible speed. Here, the market growth is due to factors like growth in the prevalence of infectious disease, increase in adoption of vaccination, and rapid population growth. Governments in many Asia Pacific countries are undertaking various vaccinations programs. During the forecast period, the market in the MEA region shows steady growth. In this region, the demand for DPT vaccine is less than other regions. The market is low due to lack of awareness, lack of education, lack of technological development, political instability, poor healthcare, and healthcare not considered a priority by most governments.
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Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
TOC Continued…
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Globally the market for DPT vaccine is increasing rapidly. The major factor that derives the growth of DPT vaccine is the increasing deaths in children due to pertussis. Furthermore increasing awareness for DPT vaccines is increasing the growth of DPT vaccine market. Globally the market for DPT vaccine market is expected to grow at the rate of about good CAGR from 2016 to 2027.
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