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Prominent Diphtheria Market Trend for 2025: Companies Innovate And Gain FDA Approval For Diphtheria Prevention Drugs
What Are the Projected Growth and Market Size Trends for the Diphtheria Market?The diphtheria market will grow from $8.91 billion in 2024 to $9.51 billion in 2025, at a CAGR of 6.7%. This growth is driven by vaccine development, immunization campaigns, increased healthcare awareness, and improved healthcare infrastructure.
The diphtheria market is expected to grow steadily, reaching $12.35 billion by 2029 with a CAGR of 6.8%. This growth is attributed to emerging outbreaks, booster vaccination programs, global travel, and public health preparedness. Trends include combination vaccines, telemedicine for vaccinations, vaccine equity initiatives, and public-private partnerships.
What Is Driving the Growth Trajectory of the Diphtheria Market?
The rising prevalence of bacterial infections is expected to propel the growth of the diphtheria market. Diphtheria, caused by Corynebacterium diphtheria, remains a significant health concern, especially with the increasing number of bacterial infections like E. coli. In 2022-2023, the UK reported 38,757 cases of E. coli bacteremia, with a notable percentage being hospital-onset infections. This growing prevalence of bacterial infections is fueling the demand for vaccines and treatments for diphtheria.
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Which Leading Companies Are Shaping the Growth of the Diphtheria Market?
Major companies operating in the diphtheria market are Pfizer Inc., Johnson & Johnson Co, Roche Holding AG, Merck & Co Inc., AbbVie Inc., Novartis AG, Sanofi SA, Bristol-Myers Squibb Co., AstraZeneca PLC, GlaxoSmithKline PLC, Eli Lilly and Company, Gilead Sciences Inc., Amgen Inc., Moderna Inc., BioNTech SE, Regeneron Pharmaceuticals Inc., Biogen Inc., Vertex Pharmaceuticals Inc., Serum Institute of India, Novavax Inc., Sinovac Biotech Ltd., Emergent BioSolutions Inc., Dynavax Technologies Corporation, Bharat Biotech International Limited, CureVac AG, Inovio Pharmaceuticals Inc., The Native Antigen Company.
What Are the Key Segments of the Diphtheria Market?
The diphtheria market covered in this report is segmented -
1) By Type: Diphtheria, Skin Diphtheria, Other Types
2) By Diagnosis: Physical Examination, Throat Culture, Other Diagnosis
3) By Treatment: Antibiotics, Antitoxin, Other Treatments
4) By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmacy
5) By End-Users: Hospitals, Homecare, Specialty Clinics, Other End-Users
Subsegments:
1) By Diphtheria: Respiratory Diphtheria, Non-respiratory Diphtheria
2) By Skin Diphtheria: Cutaneous Diphtheria
3) By Other Types: Diphtheritic Myocarditis, Diphtheritic Neuritis
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Which Region Dominates the Diphtheria Market?
Asia-Pacific was the largest region in the diphtheria market in 2024. The regions covered in diphtheria market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Is Covered In The Diphtheria Global Market Report?
- Market Size Analysis: Analyze the Diphtheria Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Diphtheria Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Diphtheria Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Diphtheria Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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