Pune, India -- (SBWIRE) -- 04/02/2020 -- Toxoid vaccines market is set to witness a steady CAGR of 4.45% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing healthcare expenditure and rising government initiatives for the treatment of tetanus are the factor for the growth of this market.
In-depth analysis of the market
Comprehensive quantitative analysis of the industry is provided for the period of 2019-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
The key findings and recommendations highlight crucial progressive industry trends in the toxoid vaccines Market, thereby allowing players to develop effective long term strategies
To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the toxoid vaccines market
The various opportunities in the market.
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Few of the major competitors currently working in the global toxoid vaccines market are Bharat Biotech., Ceva, GlaxoSmithKline plc, Grifols, S.A, Zoetis Services LLC., Virbac. Sanofi, Merck Sharp & Dohme Corp., Emergent BioSolutions Inc, Integrated BioTherapeutics, Inc., Abbott, Avalon Pharma Private Limited, HAFFKINE BIO-PHARMACEUTICAL CORPORATION LTD, Pfizer Inc, among others.
Key Developments in the Market:
In December 2018, a joint-partnership between Sanofi and MSD announced that they have received FDA approval for their VAXELIS which is a pediatric hexavalent combination vaccine, VAXELIS is an active immunization vaccine for the prevention of diphtheria, tetanus, pertussis, poliomyelitis, hepatitis B, and haemophilus influenzae type B invasive disease. It is approved as a 3 dose series which is suitable for children from 6 weeks to 4 years of age
In October 2015, Pfizer announced the acquisition of GlaxoSmithKline's quadrivalent meningococcal ACWY vaccines Nimenrix and Mencevax. The main aim of the acquisition is to provide advanced vaccines which can be used for the treatment of serious diseases. This acquisition will help the company to serve better to their customers and strengthen their position in the market
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Segmentation: Global Toxoid Vaccines Market
By Disease
(Tetanus, Diphtheria, Pertussis),
Composition
(Monovalent Tetanus Toxoid, Diphtheria, Tetanus, And Pertussis, Diphtheria And Tetanus , Tetanus and Diphtheria, Tetanus, Diphtheria, and Pertussis),
End- User
(Hospitals, Clinics, Government Organizations),
Age Group
(Paediatric Vaccines, Adult Vaccines),
Dosage
(Quadrivalent, Pentavalent, Hexavalent),
Geography
(North America, Europe, Asia-Pacific, South America, Middle East and Africa)
Market Drivers
Technological improvement associated with vaccination and immunization are the factor driving the market growth
Increasing cases of tetanus and diphtheria is another factor accelerating the growth of this market
Growth in research and development practices will also propel the market growth
Rising awareness regarding immunization will also contribute as a factor for market growth
Market Restraints
High R&D cost will hamper the market growth
Side effects associated with use of toxoid vaccination will also hamper the market growth
Falling profitability of vaccine manufacturing will also restrict the growth of this market
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