Press release
DTP Vaccines Market Growth Prospects, Future Industry Landscape 2032 | GlaxoSmithKline, Sanofi, Merck & Co Inc, Meiji Holdings Co., Ltd, Shenzhen Kangtai Biological Products
As per The Business Research Company's DTP Vaccines Opportunities And Strategies Market Report 2023, The global DTP vaccines market size reached a value of nearly $4,004.3 million in 2021, having increased at a compound annual growth rate (CAGR) of 4.1% since 2016. The market is expected to grow from $4,004.3 million in 2021 to $5,787.3 million in 2026 at a rate of 7.6%. The global DTP vaccines market size is then expected to grow at a CAGR of 7.2% from 2026 and reach $8,195.7 million in 2031.The DTP vaccine market contains a significant number of combination therapy-based vaccines that are currently in the late stages of development and are expected to get approval during the forecast period.
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There has been increasing demand for combination vaccines among babies. Combination vaccines are a combination of multiple vaccines into one. The benefits of such vaccines apply for both the parents and the baby. The parents have fewer visits to doctor, less hassle, it is more cost effective and time effective. The babies have to take fewer shots, meaning less pain and discomfort. Many companies have started developing combination vaccines as the demand increased.
The top growth potential in the DTP vaccines market by product type will arise in the DTaP market, which will gain $439.8 millions of global annual sales by 2026. The top growth potential in the DTP vaccines market by end user will arise in the hospitals market, which will gain $1,073.9 millions of global annual sales by 2026. The top growth potential in the DTP vaccines market by disease will arise in pertussis market, which will gain $921.5 millions of global annual sales by 2026. The DTP vaccines market size will gain the most in the USA at $676.1 million.
DTP Vaccines Market Segmentation:
The DTP Vaccines market is also segmented by product type, by disease, by end user.
By Product Type-
a) DTaP
b) TD
c) Tdap
By Disease-
a) Diphtheria
b) Pertussis
c) Tetanus
By End User
a) Hospitals
b) Clinics
c) Vaccination Centers
Major players in the DTP Vaccines market include GlaxoSmithKline, Sanofi, Merck & Co Inc, Meiji Holdings Co., Ltd, Shenzhen Kangtai Biological Products
The regions covered in the global DTP Vaccines market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The latest report from The Business Research Company, 'Global DTP Vaccines Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.
DTP Vaccines Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
19. Key Mergers and Acquisitions
20. Opportunities And Strategies
21. DTP Vaccines Market, Conclusions And Recommendations
22. Appendix
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