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Travelers Vaccines Market in Demand: Sentiment is Shifting Towards Growth | GSK, Sanofi Pasteur, Merck, Pfizer, CNBG, Sanofi Pasteur MSD, Serum Institute of India, and Biokangtai
Travelers Vaccines Market OverviewTravel vaccines or also referred to as travel immunizations are vaccinations travelers can get before visiting certain areas of the world that can help protect from severe illnesses. The body responds to the vaccination by creating antibodies to protect an individual if they are exposed to the disease in the future. Different types of traveler vaccines are available including yellow fever, rabies, Japanese Encephalitis, Hepatitis A & B, etc. The global traveler's vaccines market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global travelers vaccines market is expected to witness significant growth during the forecast period, owing to increasing government initiatives to endorse the use of travel vaccines.
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Travelers Vaccines Market Driver
Increasing incidence of travel-related diseases combined with proactive initiatives by the government of various countries is expected to drive the growth of the global travelers vaccines market during the forecast period. According to the Centers for Disease Control and Prevention (CDC), more than half of international travelers commuting to emerging economies become ill during their trip, while around 8% of them seek medical care travel-associated illness either during or after travel. Hence, these factors are expected to drive market growth in the near future. Furthermore, proactive initiatives by government agencies to curb travel-related diseases are expected to propel the market growth. For instance, in February 2014, the U.S. Government launched a new global initiative to prevent infectious-disease threats.
Travelers Vaccines Market Restraint
Stringent regulatory policies and high-cost related vaccine discovery are expected to hinder the global travelers vaccines market growth over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global travelers vaccines market during the forecast period. This is owing to increasing research and development of vaccines in the region. Furthermore, Asia Pacific is expected to register lucrative growth rates during the forecast period, owing to developing healthcare infrastructure and increasing the investment government of various countries on various educational and awareness programs.
Competitive Section
Key players operating in the global travelers vaccines market are GSK, Sanofi Pasteur, Merck, Pfizer, CNBG, Sanofi Pasteur MSD, Serum Institute of India, and Biokangtai.
Key companies in the market are focused on receiving product approvals from regulatory authorities, in order to gain a competitive edge in the market. For instance, in November 2019, Merck Sharp & Dohme B.V. received the marketing authorization from the European Commission for its Ebola Zaire vaccine
Scope of the Report:
This report focuses on the Travelers Vaccines in the Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East, and Africa. This report categorizes the market based on manufacturers, regions, types, and applications.
Market Segment by Manufacturers, this report covers
╼ GSK
╼ Sanofi Pasteur
╼ Merck
╼ Pfizer
╼ CNBG
╼ Sanofi Pasteur MSD
╼ Serum Institute of India
╼ Biokangtai
Market Segment by Regions, regional analysis covers
╼ North America (USA, Canada, and Mexico)
╼ Europe (Germany, France, UK, Russia, and Italy)
╼ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
╼ South America (Brazil, Argentina, Columbia, etc.)
╼ Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Market Segment by Type, covers
╼ Meningococcal Vaccine
╼ Japanese Encephalitis Vaccine
╼ Yellow Fever Vaccine
╼ Hepatitis Vaccine
╼ Cholera Vaccine
╼ Other
Market Segment by Applications can be divided into
╼ Tourists
╼ Students
╼ Workers
╼ Others
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There are 15 Chapters to deeply display the global Travelers Vaccines market.
✦ Chapter 1, to describe Travelers Vaccines Introduction, product scope, market overview, market opportunities, market risk, market driving force;
✦ Chapter 2, to analyze the top manufacturers of Travelers Vaccines, with sales, revenue, and price of Travelers Vaccines, in 2018 and 2019;
✦ Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue, and market share in 2018 and 2019;
✦ Chapter 4, to show the global market by regions, with sales, revenue and market share of Travelers Vaccines, for each region, from 2014 to 2019;
✦ Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application, and by manufacturers, with sales, revenue and market share by key countries in these regions;
✦ Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2014 to 2019;
✦ Chapter 12, Travelers Vaccines market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
✦ Chapter 13, 14 and 15, to describe Travelers Vaccines sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
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Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with an cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.
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