Dublin, Aug. 29, 2024 (GLOBE NEWSWIRE) — The “Tetanus Toxoid Vaccine – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Tetanus Toxoid Vaccine was estimated at US$5.1 Billion in 2023, and is projected to reach US$6.1 Billion by 2030, growing at a CAGR of 2.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The vaccine`s role extends beyond individual protection, contributing to herd immunity which helps protect those who are not vaccinated. In many countries, tetanus vaccination is part of the mandatory immunization schedule for children and is also recommended for adults, particularly those with high-risk occupations or lifestyles. Global health initiatives, such as the World Health Organization’s (WHO) Expanded Programme on Immunization, have been pivotal in increasing tetanus vaccine coverage, significantly reducing the incidence of tetanus, particularly in low- and middle-income countries.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Tetanus, Diphtheria, and Pertussis (TDaP) Vaccine segment, which is expected to reach US$1.7 Billion by 2030 with a CAGR of a 3.5%. The Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine segment is also set to grow at 3.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.4 Billion in 2023, and China, forecasted to grow at an impressive 5.4% CAGR to reach $1.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AMSON Vaccines & Pharma Pvt Ltd., Astellas Pharma, Inc., Bharat Biotech International Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 265 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $5.1 Billion |
| Forecasted Market Value (USD) by 2030 | $6.1 Billion |
| Compound Annual Growth Rate | 2.7% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Tetanus Toxoid Vaccine – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Rising Awareness of Vaccine-Preventable Diseases Drives Demand for Tetanus Toxoid Vaccines
- Government Immunization Programs Propel Growth in Vaccine Uptake
- Increasing Incidence of Tetanus in Developing Regions Expands Addressable Market
- Technological Advancements in Vaccine Production Enhance Efficacy and Safety
- Growing Focus on Maternal and Neonatal Health Generates Demand for Tetanus Vaccination
- Innovations in Vaccine Delivery Systems Propel Market Growth
FOCUS ON SELECT PLAYERS (Total 86 Featured)
- AMSON Vaccines & Pharma Pvt Ltd.
- Astellas Pharma, Inc.
- Bharat Biotech International Ltd.
- Bio Farma
- Biological E. Ltd.
- Biovlays
- Dano Vaccines and Biologicals Pvt. Ltd.
- 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 visit https://www.researchandmarkets.com/r/o8ts1i
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- Global Tetanus Toxoid Vaccine Market
