Diphtheria, Tetanus and Pertussis Vaccine Market 2019 Global Industry Forecasts Analysis, Company Profiles, Competitive Landscape and Key Regions Analysis

About 85% of infants globally received all 3 doses of DTaP vaccine in 2017~ World Health Organisation

The report titled “Diphtheria, Tetanus and Pertussis Vaccine Market - Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global diphtheria, tetanus and pertussis vaccine market in terms of market segmentation by disease type, product, vaccine type, end user and region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The increasing birthrate has led to the increased demand for vaccines that are recommended for all children, teenagers and pregnant women, in order to boost their immunity against various diseases. The rising awareness among the global population, owing to various government and non-government initiatives is anticipated to drive the growth of the market and is estimated to register a modest CAGR over the forecast period i.e. 2019-2027.

Additionally, the increase in accessibility of vaccines globally, with increased investment of private sector in healthcare sector is expected to increase the demand for these vaccines. Much of the population in underdeveloped nations are expected to benefit from vaccines entering their market, as more and more investments are expected to enter their markets which will follow after enough awareness is generated among the mass population by educating them about the illnesses that can affect a huge population, if they do not take vaccination seriously. Also, many schemes and programmes may be launched in order to encourage the mass population to apply these vaccines in order to save human lives. In addition to this, lack of awareness prevailing among the mass population in underdeveloped nations could also help various market players to bring in more awareness about the vaccines and the benefits of getting vaccinated to survive various forms of illnesses that might affect the mass population.

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The global diphtheria, tetanus and pertussis vaccine (DTaP) market is segmented into disease type, product type, vaccine type and end user. The disease type segment is further segmented into diphtheria, tetanus and pertussis, out of which, the pertussis segment is anticipated to hold the leading market share, owing to increased cases of pertussis in infants as compared to other segments. The vaccination centers forming part of end user segment is estimated to witness significant growth on account of increasing number of regular cases recorded, coupled with availability of vaccines as compared to other segments.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. The market in North American region is anticipated to occupy the leading market share during the forecast period, owing to the presence of major market players in the region, higher awareness levels about various diseases among the major population and increasing private sector investment in research and development of healthcare industry. The market in Europe is also anticipated to witness huge growth over the forecast period, owing to the rise in research & development activities and increasing investments in healthcare. The market in Asia-Pacific is expected to witness fastest growth on account of high growth rate of population and increased adoption of vaccines.

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Initiatives and Investments to Boost the Demand for DTaP Vaccine in Future

The various initiatives taken by WHO and UNICEF to provide low cost vaccines to low income countries globally and governments’ initiatives to promote the vaccines against DTaP diseases are expected to drive the growth of the market over the forecast period.

Increase in Birth Rate and Geriatric Population
The rise in birth rates and a growing geriatric population is anticipated to drive the market growth, on account of increased demand for these vaccines at various stages, coupled with global acceptance and adoption, owing to their low costs.
Industry Players Focusing towards Minimizing the Side Effects Of Vaccine

The side effects of vaccines, in many cases being high fever that can reach up to 105F, seizures, fussiness and many more are anticipated to restrict the demand for DTaP vaccines and are estimated to hinder the growth of the market over the forecast period. Additionally, in some cases infants are allergic to vaccine medications which are anticipated to limit the growth of the market over the forecast period.

High Research and Development Costs
The costs associated with research and development of these DTaP vaccines have gone up considerably that might restrict further medical development and could limit the growth of the market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global diphtheria, tetanus and pertussis vaccine market which includes company profiling of GlaxoSmithKline (GLAXF), Protein Sciences Corporation , Astellas Pharma, Inc. (ALPMY), Merck & Co. (MRK), Pfizer Inc. (PFE), Lanzhou Institute of Biological Products Co., Ltd, Emergent BioSolutions, Inc. (EBS) and Sanofi S.A. (SAN). The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global diphtheria, tetanus and pertussis vaccine market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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