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Typhoid Vaccines Market Analysis by Growth, segmentation, performance, Competitive Strategies and Forecast 2017 - 2025

01-28-2019 06:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Typhoid Vaccines Market

Typhoid Vaccines Market Analysis by Growth, segmentation,

"Typhoid Vaccines Market - Global Industry Analysis, Size, Growth, Trends and Forecast 2017 - 2025" is the latest addition to MarketResearchReports.Biz industry research reports collection.

The main objective of this report is to aid the user in understanding the market “ Typhoid Vaccines ” as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part of the report preparation. Those reading the report will be able to get a detailed understanding about the market. Industry experts have verified and checked the data and information that have been taken from credible sources like websites, annual reports of companies, journals, and other resources. In order give the facts and data a pictorial form, diagrams, graphs, pie charts, and other representations have been used. That augments the visual appeal of the report and makes understanding it much easier.
Global Typhoid Vaccines Industry Is Set to Boom in 2017 And Coming Years

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Typhoid is a bacterial infection that can lead to diarrhea, high fever, and vomiting. It can be fatal if not treated properly. It is caused by the bacterium Salmonella typhi. The disease is more prevalent in low-income countries, as basic prevention strategies such as good hygiene practices and access to clean water are not available in these countries. However, the spread of the disease in low-income countries is preventable. Every year, around 5,700 cases are reported only in the U.S., out of which 75% occur while traveling overseas. Globally, around 21.5 million people contract typhoid every year. Typhoid can be treated with antibiotics. However, vaccination is more effective for eradicating typhoid, as typhoid vaccines is beneficial in two ways, one by providing protection to vaccinated individual and two, by providing herd immunity indirectly to unvaccinated individuals when the vaccination is carried out on a large scale.

The global typhoid vaccines market can be segmented in terms of product, mode of administration, distribution channel, and end-user. In terms of product, typhoid vaccines are of four types viz. Ty21a, Vi capsular polysaccharide vaccine, Vi Conjugate (Vi-TT), and Vi Conjugate (Vi-REPA). Ty21a is a live vaccine and Vi capsular polysaccharide is a sub-unit vaccine. The other two types are restricted to the private sector and they do not have global acceptance. For instance, Vi Conjugate (Vi-TT) is licensed only for the market in India. Based on mode of administration, the typhoid vaccines market can be segmented into oral or injectable. For instance, Ty21a is taken orally, while Vi capsular polysaccharide vaccine is injectable. Based on distribution channel, the typhoid vaccines market can be classified into hospitals, pharmacies, and clinics / health care centers associated with government programs. The inflow of patients to hospitals is expected to increase during the forecast period, as hospitals are considered to be more reliable and they have a large number of suppliers, reimbursement authority, and government support. Based on end-user, the typhoid vaccines market has been segmented into pediatrics and adults.
The typhoid vaccines market is driven by several factors such as increasing government initiatives, rising prevalence of typhoid, growing immunization campaigns across the globe, rising initiatives by non-government organizations for vaccination, and increasing investments by companies in vaccine development. Increased research on typhoid vaccine in the emerging market have opened an array of growth opportunities for the typhoid vaccines market. However, less availability of typhoid vaccines in remote areas and strict regulatory measures are expected to restrain the market from 2017 to 2025.

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Based on geography, the global typhoid vaccines market has been divided into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the major share of the typhoid vaccines market in terms of revenue in 2016. This is attributable to increasing awareness among people in the region, which leads to the rise in demand for vaccination to infants, children, and adults. Also, easy availability of vaccines in the U.S. and favorable government initiatives for vaccination programs fuel the typhoid vaccines market in the region. The market for typhoid vaccines in Asia Pacific is expected to expand at the maximum CAGR during the forecast period, due to government initiatives for immunization against typhoid and large population base, especially in China and India. China is likely to lead the Asia Pacific typhoid vaccines market during the forecast period, owing to increase in government support for vaccination and rise in the number of people with typhoid disease in the region. Brazil is likely to be a prominent market for typhoid vaccines in Latin America by 2025. The developing health care infrastructure and interest of key players in investing in Brazil by establishing manufacturing units in the region are major factors driving the typhoid vaccines market in Brazil. GCC dominates the typhoid vaccines market in the Middle East, whereas, South Africa holds the leading share of the market in Africa. The typhoid vaccines market in Africa is experiencing strong growth, due to rapid rise in vaccination programs, frequent typhoid outbreaks in the region, and increasing investments by major players.

Key players operating in the global typhoid vaccines market include AstraZeneca, GlaxoSmithKline plc, Merck & Co. Inc., Pfizer, Inc., Sanofi, and Johnson & Johnson.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
• Tailwinds and headwinds molding the market’s trajectory
• Market segments based on products, technology, and applications
• Prospects of each segment
• Overall current and possible future size of the market
• Growth pace of the market
• Competitive landscape and key players’ strategies
The main aim of the report is to:
• Enable key stakeholder’s in the market bet right on it
• Understand the opportunities and pitfalls awaiting them
• Assess the overall growth scope in the near term
• Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

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