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Global BCG Vaccine Market will register a 4.6% CAGR to reach US$ 340 million by 2023

05-27-2019 11:03 AM CET | Health & Medicine

Press release from: reportocean.com

Bacillus Calmette-Guerin (BCG) vaccine is the only vaccine available for prevention of human forms of tuberculosis (TB). This vaccine is generally administered to children at birth in countries with a high incidence of TB. In regions with a low level of TB, only children at high risk are typically immunized, whereas adults are generally not immunized. However, adults (up to the age of 35) who are frequently exposed to drug-resistant TB may also be given BCG vaccine.

The global BCG vaccine market is driven by an increase in the prevalence of tuberculosis and the rise in technological advancements in vaccine research. Moreover, the increase in government initiatives and focus on immunization programs globally boost market growth. However, the side effects of BCG vaccine and a global shortage of BCG vaccine restrain this growth. Untapped market potential in developing regions is expected to present numerous opportunities for market development.

The global BCG vaccine market is segmented on the basis of demographics and country. Based on demographics, it is bifurcated into pediatrics (0-18 years), and adults (19-35 years. Based on country, it is analyzed across India, China, Bangladesh, Pakistan, Indonesia, Japan, Brazil, Mexico, South Africa, Kenya, Thailand, Argentina, Colombia, Chile, Singapore, and rest of the world.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the global BCG vaccine market with current trends and future estimations from 2016 to 2023 to elucidate the imminent investment pockets.

Comprehensive analysis of factors that drive and restrict market growth is provided.

Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global and regional scale are provided.

Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.

KEY MARKET SEGMENTS

BY DEMOGRAPHICS
Pediatrics (0-18 Years)
Adults (19-35 Years)

BY COUNTRY
India
China
Bangladesh
Pakistan
Indonesia
Japan
Brazil
Mexico
South Africa
Kenya
Thailand
Argentina
Colombia
Chile
Singapore
Rest of the world

LIST OF KEY PLAYERS PROFILED IN THE REPORT

Merck & Co., Inc.
Sanofi Pasteur
Japan BCG Laboratory
China National Biotec Group (a subsidiary of China National Pharmaceutical Group Corporation)
Serum Institute of India Pvt. Ltd.
InterVax Ltd.
GreenSignal Bio Pharma Limited (GSBPL)
Statens Serum Institut

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Note: The study forecast period can be customized as per the request

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