Global Tuberculin Market Report by Top Companies like SSI, Sanofi Pasteur, Zoetis, Thermo Fisher | Forecast 2021-2026

The global Tuberculin market size is projected to grow in the historic period resulted from economic growth in emerging markets, the rise in awareness of the benefits and developed nations towards Tuberculin costs and increasing production and growing capacity in Healthcare industry, and healthy growth of pharmaceutical and food & beverage industry in developing countries, are supporting the growth of the Tuberculin market.

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Tuberculin, also known as purified protein derivative, is a combination of proteins that are used in the diagnosis of tuberculosis. This use is referred to as the tuberculin skin test and is recommended only for those at high risk. Tuberculin purified protein derivative (PPD) is used in a skin test to help diagnose tuberculosis (TB) infection in persons at increased risk of developing active disease.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Pandemic impact on the Global Tuberculin Market:

1 The Tuberculin industry experienced decline in sector during the COVID-19 pandemic. This is attributed to the sharp decrease in chemical, pharmaceutical, automotive, and industrial sectors.

2 Manufacturing companies has prolonged closure of all its operations at its workplaces and manufacturing areas, until reopening instructions received from the government authorities.

3 In addition, due to reduction in labours in light of social distancing norms amid the COVID-19 pandemic, the Tuberculin industry witnessed significant decrease in the production.

4 At the end of 2019, COVID-19 began to erupt in China, Due to the huge decrease of global economy; we forecast the growth rate of global economy will show a decrease of about 4%, due to this reason, Tuberculin market size in 2020 will be lower than in previous years.

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Tuberculin Market Players:

SSI
Sanofi Pasteur
Zoetis
Thermo Fisher (Prionics)
Par Sterile
Japan BCG Laboratory

Product Type Segmentation:

PPD-S
PPD RT23

Industry Segmentation:

Human Use
Animal Use

Segmentation by Regions:

The research report includes a detailed study of regions of North America, Europe, China and Japan. The report has been given after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2021 to 2026.

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Top Industry News:

Sanofi continues streamlining of established products with sale of anti-inflammatory drugs to Fidia Farmaceutici on 23 March, 2021 -- Sanofi has concluded an agreement to divest an integrated portfolio of its anti-inflammatory drugs to Fidia Farmaceutici, a privately-held company headquartered in Italy. This transaction continues Sanofi’s ongoing strategic transformation by simplifying its portfolio and streamlining to enhance profitability.

“Established Products is an important growth driver for Sanofi, however, we are re-focusing our efforts as part of the company’s overall strategic transformation in order to pioneer new opportunities that will drive strong health outcomes for the millions of lives we touch,” commented Olivier Charmeil, Executive Vice President, General Medicines at Sanofi. “Upon completion of appropriate regulatory processes, today’s agreement with Fidia Farmaceutici will ensure patients will have continued access to these seven brands, while also allowing for us to further optimize our operating model through our Play to Win strategy.”

The agreement covers the registrations, trademarks, and related commercial rights of seven products, including four corticosteroids and one non-steroidal anti-inflammatory drug, across Europe and Emerging Markets. The products are already widely used to treat a broad range of conditions in various therapeutic areas.

“The acquisition confirms our will, despite the tough challenge created by Covid-19, to continue investing in core pharmaceutical business as part of our international growth, not only thanks to consolidation in the areas in which we are leaders, but also through more solid positioning as a result of entering different therapeutic areas,” explained Carlo Pizzocaro, President and Chief Executive Officer of Fidia Farmaceutici. “Furthermore, the acquisition represents an opportunity to strengthen managerial resources, under the framework of a sustainable annual average growth: once again, a development model that is characterized by the ability to face the challenges and seize the opportunities of tomorrow, in the long-term, although the world's economies have been particularly battered.”

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