Therapeutic BCG Vaccines Market Growth Drivers, Opportunities, Share Report And Forecast To 2033

The new report published by The Business Research Company, titled "Therapeutic BCG Vaccines Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the therapeutic bcg vaccines market size has grown strongly in recent years. It will grow from $53.99 billion in 2023 to $57.14 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The therapeutic bcg vaccines market size is expected to see strong growth in the next few years. It will grow to $72.54 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%.

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Fighting Tuberculosis Surging Global Cases Propel Growth In The Therapeutic Bcg Vaccine Market
The rising number of tuberculosis (TB) cases worldwide will propel the growth of the therapeutic BCG vaccine market going forward. Tuberculosis (TB) is an infectious illness that can be potentially dangerous and primarily impacts the lungs. People can contract tuberculosis from one another by coughing or sneezing small droplets of bacteria into the air. BCG vaccines are used to stimulate the immune system to fight infection but do not cause TB since the germs are weak. It consistently offers protection against the most dangerous types of TB, such as adolescent TB meningitis. The BCG vaccine protects against tuberculosis which helps to fight against infection, hence the usage of therapeutic BCG vaccines increased. For instance, in October 2022, according to a report published by the World Health Organization, a specialized agency of the United Nations responsible for international public health, 10.6 million people were predicted to have contracted tuberculosis (TB) in 2021, an increase of 4.5% from 2020, and 1.6 million died from TB (including 187,000 HIV-positive individuals). Therefore, the rising number of tuberculosis (TB) cases worldwide is driving the growth of the therapeutic BCG vaccine market.

Zendal And Us-Based Nonprofit Forge Strategic Partnership To Advance Therapeutic Bcg Vaccine Development
Strategic partnerships have emerged as a key trend gaining popularity in the therapeutic BCG vaccine market. Major companies operating in the therapeutic BCG vaccine market are focused on collaborating with other key players to sustain their position in the market. For instance, in July 2021, Zendal, a Spain-based pharmaceutical company, partnered with IAVI, a US-based not-for-profit organization to advance the tuberculosis vaccine candidate MTBVAC into efficacy trials. The only live, attenuated Mycobacterium tuberculosis vaccine currently being developed is MTBVAC. It is now being developed to prevent tuberculosis in adults and adolescents, for whom there is currently no effective vaccination, and as a more potent and potentially long-lasting vaccine than BCG for infants. This statement coincides with the rapid development of several vaccinations to guard against COVID-19.

The therapeutic bcg vaccines market covered in this report is segmented -
1) By Type: Therapy BCG, Immune BCG
2) By Demographics: Pediatrics, Adults
3) By End Use: Hospitals, Clinics, Other End Users

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Major companies operating in the therapeutic bcg vaccines market report are Merck & Co Inc., Sanofi Pasteur, Japan BCG Laboratory, China National Biotec Group, Serum Institute of India Pvt. Ltd., InterVax Ltd., GreenSignal Bio Pharma Limited, Statens Serum Institute, AJ Vaccines, Bul Bio-National Center of Infectious and Parasitic Diseases Ltd, Biomed Lublin S.A., PowderJect Pharmaceuticals, Microgen, Taj Pharma Ltd., PT Bio Farma, Torlak Institute of Virology, Bacille Bilie Calmette-Guerin Laboratory, China Biotechnology Co Ltd., GlaxoSmithKline plc, Pfizer Inc., Bharat Biotech International Ltd., Biological E. Limited, Shanghai Institute of Biological Products Co. Ltd., Immunitor, Vakzine Projekt Management GmbH, Cipla Limited, Instituto Butantan, Chiron Corporation .

Contents of the report:
1. Executive Summary
2. Therapeutic BCG Vaccines Market Report Structure
3. Therapeutic BCG Vaccines Market Trends And Strategies
4. Therapeutic BCG Vaccines Market - Macro Economic Scenario
5. Therapeutic BCG Vaccines Market Size And Growth
…..
27. Therapeutic BCG Vaccines Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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