Dublin, August 29, 2024 (GLOBE NEWSWIRE) — The report “Tetanus Toxoid Vaccine – Global Strategic Business Report” has been added to The Offer.
The global Tetanus Toxoid Vaccine market was valued at USD 5.1 billion in 2023 and is projected to reach USD 6.1 billion by 2030, growing at a CAGR of 2.7% between 2023 and 2030. This comprehensive report offers in-depth analysis of market trends, drivers, and forecasts to help you make informed business decisions.
The function of the vaccine goes beyond individual protection and contributes to herd immunity, which helps protect those who are not vaccinated. In many countries, tetanus vaccination is part of the mandatory vaccination schedule for children and is also recommended for adults, especially for those with high-risk occupations or lifestyles. Global health initiatives such as the World Health Organization's (WHO) Expanded Programme on Immunization have been instrumental in increasing tetanus vaccination coverage and significantly reducing tetanus cases, particularly in low- and middle-income countries.
Key findings:
- Market Growth: Understand the significant growth curve of the tetanus, diphtheria, and pertussis (TDaP) vaccine segment, which is expected to reach $1.7 billion by 2030 at a compound annual growth rate of 3.5%. The diphtheria, tetanus, and pertussis (DTaP) vaccine segment is also expected to grow at a compound annual growth rate of 3.8% during the analysis period.
- Regional Analysis: Gain insights into the US market, estimated to reach $1.4 billion in 2023, and China, which is forecast to grow at an impressive CAGR of 5.4% per year to reach $1.2 billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and Asia Pacific.
Reporting features:
- Comprehensive market data: Independent analysis of annual sales and market forecasts in millions of US dollars from 2023 to 2030.
- Detailed Regional Analysis: Detailed insights into key markets including the US, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.
- Company Profiles: Coverage of major players like AMSON Vaccines & Pharma Pvt Ltd., Astellas Pharma, Inc., Bharat Biotech International Ltd. and more.
- Free Updates: Get free report updates for one year to stay informed of the latest market developments.
Main features:
| Report Attribute | Details |
| Number of pages | 265 |
| Forecast period | 2023 – 2030 |
| Estimated market value (USD) in 2023 | 5.1 billion US dollars |
| Projected market value (USD) until 2030 | 6.1 billion US dollars |
| Average annual growth rate | 2.7% |
| Regions covered | Generally |
Main topics covered:
MARKET OVERVIEW
- Insights into the influencer market
- World market development
- Global economic update
- Tetanus Toxoid Vaccine – Percentage Market Share of Major Competitors Worldwide in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing awareness of vaccine-preventable diseases drives demand for tetanus toxoid vaccines
- Government vaccination programs drive willingness to be vaccinated
- Increasing tetanus cases in developing regions expand the target market
- Technological advances in vaccine production improve efficacy and safety
- Growing focus on maternal and newborn health leads to demand for tetanus vaccinations
- Innovations in vaccine delivery systems drive market growth
Focus on selected players (Total 86 presented)
- AMSON Vaccines & Pharma Pvt Ltd.
- Astellas Pharma, Inc.
- Bharat Biotech International Ltd.
- Bio Farma
- Biological E. Ltd.
- Biovlays
- Dano Vaccines and Biologicals Pvt. GmbH.
- GSK Plc
- Merck & Co., Inc.
- MK Lab SAC
- Panacea Biotec Ltd.
- Pfizer, Inc.
- Sanofi SA
- Serum Institute of India Pvt., Ltd.
- Zoetis Services LLC
For more information about this report, see
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Global Tetanus Toxoid Vaccines Market
