Press release
Dengue Vaccine Market Size, Share, Growth and Trends, Report 2024-2031
The Global Dengue Vaccine Market is estimated to reach at a CAGR of 10.4% during the forecast period (2024-2031).Dengue is a mosquito-borne illness caused by the dengue virus, which is part of the Flaviviridae family and the Flavivirus genus. Commonly referred to as "breakbone fever" or "dandy fever," dengue primarily spreads from human to human through the bite of an infected Aedes aegypti mosquito.
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Market Dynamics:
Increasing Collaborations by the Research Institutes for the Clinical Trials of the Dengue Vaccine is Expected to Drive Market Growth.
In response to the rising incidence of dengue cases across the country, the Indian Council of Medical Research (ICMR) has initiated efforts to advance the development of a dengue vaccine. The ICMR is encouraging vaccine developers and pharmaceutical companies that have either developed or licensed tetravalent dengue vaccine candidates and have completed Phase I and Phase II clinical trials to collaborate with them for Phase III trials and further vaccine development.
The ICMR will provide institutional infrastructure for research and development (R&D) and Phase III clinical trials to evaluate the efficacy, safety, and immunogenicity of these tetravalent dengue vaccine candidates. For example, on March 4, 2022, the ICMR invited expressions of interest from Indian manufacturers with potential tetravalent vaccine candidates or non-exclusive licenses who are looking to conduct field studies as part of Phase III clinical trials.
This collaboration between vaccine manufacturers and the ICMR is expected to significantly drive the dengue vaccine market in the forecast period.
Segment Covered in Dengue Vaccine Market:
By Product Type: CYD-TDV.
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Pharmacies, Others.
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Key players involved in Dengue Vaccine Market:
• Sanofi
• Panacea Biotec
• Biological
• E. Limited
• GlaxoSmithKline plc
• Merck & Co.
• Takeda Pharmaceutical Company Ltd
• Vabiotec
• Panacea Biotec
• Medigen Biologics
*Note:
• Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.
Regional Analysis:
The Dengue Vaccine Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Dengue Vaccine Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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