Increasing prevalence of dengue fever throughout the Asia-Pacific region has propelled the demand for effectual medicines and vaccines to overcome this viral disease. While some pharmaceutical companies are focusing on development of a cure to dengue, the rate of dengue in Asia-Pacific region in expanding robustly. According a report published by Future Market Insights (FMI), Asia-Pacific region will dominate in the Dengue Vaccines Market during the forecast period (2017-2027). The region is estimated to procure largest revenue share with expansion at 17.4% CAGR throughout the assessment period.
Geographic Overview
Latin America is likely to remain the second largest market for dengue vaccines and it will procure valuation nearly US$ 290 Mn by the end of forecast period. The report also forecasts that more and more pharmaceutical companies will be partaking in the expansion of dengue vaccines market in foreseeable period. A French drugmaker, Sanofi S.A. is actively participated in the market currently, while medicines are being formulated by leading players such as GlaxoSmithKline plc, Vabiotech, Merck & Co. Inc., Butantan Institute, Panacea Biotech Ltd, Takeda Pharmaceutical Company Limited, and Biological E. Limited.
According to the report, government institutes will continue to be the largest end-users of dengue vaccines. Dengue vaccine sales across government institutes will generate nearly US$650 million in revenue by the end of 2027. Furthermore, hospitals will maintain their dominance, with double-digit CAGRs throughout the forecast period. Sales of the sole vaccine, Dengvaxia, manufactured by Sanofi, are currently driving market growth. Furthermore, the factors influencing the market growth profiled in the report are discussed below.
Key Highlights of Dengue Vaccines Market Report
- 1Aside from the burdensome occurrence of dengue in some countries, economic turmoil in Latin America is expected to influence global market growth at the macroeconomic level.
- Live attenuated vaccines are also produced and developed economically, which benefits both the vaccine market and patients.
- Due to a lack of optimal diagnostic systems and skilled professionals, dengue fever is being treated as an undifferentiated febrile disease in some cases.
- When companies successfully develop effective vaccines for all age groups, the global market for dengue vaccines is likely to experience an opportunistic revolution.
Overall, the global dengue vaccines market, which is currently valued nearly US$ 250 Mn, will increase rapidly to reach over US$ 1,250 Mn in terms of revenues, by the end of 2027.
Get More Insights@ https://www.futuremarketinsights.com/reports/dengue-vaccines-market
Dengue Vaccines Market: IntroductionAccording to the report, the global dengue vaccines market was valued at US$ 0.4 Bn in 2020 and is projected to expand at a CAGR of 11% from 2021 to 2031.
Dengue is a mosquito-borne tropical disease caused by dengue virus.
These include high fever, vomiting, headache, muscle & joint pain, and a characteristic skin rash.
The World Health Organization recommends that the vaccine should only be given to persons with confirmed prior history of dengue virus infection.
The vaccine manufacturer, Sanofi Pasteur, announced in 2017 that people who receive the vaccine and have not previously infected by the virus could be at risk of developing severe dengue, if they are infected after being vaccinated.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=28397Disrupted sanitation services and curtailed water supply lead to conditions that assist mosquito breeding and proliferation, while warm temperatures lead to longer active season for mosquitos.
The region offers significant opportunities in the dengue vaccines market.Increase in Incidence of Dengue to Drive Dengue Vaccines MarketThe number of cases of dengue has increased over the past few years.
The Global Dengue Vaccines Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 and recovery on this industry.
The Global Dengue Vaccines Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Dengue Vaccines Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/43754-dengue-vaccines-market-reportThe report also covers the complete competitive landscape of the global Dengue Vaccines market with company profiles of key players such as: SanofiTakeda PharmaceuticalThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By TypeCYD-TDVTak-003OtherBy ApplicationHospitalsGovernment InstitutesNon-Governmental Organizations (NGOs)By GeographyNorth America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Dengue Vaccines Market @ https://www.decisiondatabases.com/contact/download-sample-43754The Global Dengue Vaccines Market has been exhibited in detail in the following chapters –Chapter 1 Dengue Vaccines Market Preface Chapter 2 Executive SummaryChapter 3 Dengue Vaccines Industry AnalysisChapter 4 Dengue Vaccines Market Value Chain AnalysisChapter 5 Dengue Vaccines Market Analysis By TypeChapter 6 Dengue Vaccines Market Analysis By ApplicationChapter 7 Dengue Vaccines Market Analysis By GeographyChapter 8 Competitive Landscape Of Dengue Vaccines CompaniesChapter 9 Company Profiles Of Dengue Vaccines IndustryPurchase the complete Global Dengue Vaccines Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-43754Other Reports by DecisionDatabases.com:Global Conjugate Vaccines Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Adult Vaccine Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Pneumococcal Polysaccharide Vaccine Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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