Press release
Toxoid Vaccine Market Size, Share 2024, Impressive Industry Growth Report 2031
Toxoid Vaccine Market
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Apart from this, in May 2021, GlaxoSmithKline and Samsung partnered to provide GSK with additional capacity to manufacture and supply GSK's innovative biopharmaceutical therapies. The agreement will supplement GSK's existing manufacturing network. Moreover, in April 2021, AstraZeneca proposed acquisition of Alexion Pharmaceuticals, Inc received US Federal Trade Commercial clearance. In addition, in June 2021, Merck acquired the spinoff of Organon & Co. Merck. The acquisition will allow Merck to create two patient-focused companies with enhanced strategies, operational focus, and improved financial profiles. In October 2018, Emergent Biosolutions Inc. acquired PaxVax to expand its portfolio of marketed and pipeline products, expand its manufacturing capabilities and strengthen its presence in the market.
The factor contributing to the growth of the market is the rising prevalence of tetanus. According to the Center for disease control and prevention, 38,000 people died from tetanus in 2017, across the globe, and around half (49%) were younger than five years old. Additionally, the vaccine against tetanus allowed progress in controlling the disease. 89% reduction in tetanus cases and deaths resulted since 1990. Thus, the usefulness of vaccines is contributing to the growth of the market.
Full report of Toxoid Vaccine Market available @ https://www.omrglobal.com/industry-reports/toxoid-vaccine-market-size
Market Coverage
Segment Covered
Regions Covered- Globally
Competitive Landscape: Pfizer Inc., Merck KGaA, and GlaxoSmithKline PLC, among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Toxoid Vaccine Market Report Segmentation
By Type
Monovalent Tetanus Toxoid (TT)
Diphtheria, Tetanus, and Pertussis (DTaP)
Diphtheria and Tetanus (DT)
By End-User
Hospitals and Clinics
Government Organizations
Others
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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