DTP Vaccines Global Market Report 2022
Biologics Pharmaceuticals

The DTP Vaccines Market Share, Market Size, And Growth Rate 2022

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The DTP vaccines market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 6%, as per The Business Research Company’s market report!

 

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The DTP Vaccines Market Size In 2022 And Forecast

The global DTP vaccines market is expected to grow from $4.00 billion in 2021 to $4.45 billion in 2022 at a compound annual growth rate (CAGR) of 11.0%. The growth in the DTP vaccines market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The DTP vaccine market is expected to reach $5.79 billion in 2026 at a CAGR of 6.8%.

 

The DTP vaccines market consists of sales of vaccines used for the treatment of diphtheria, tetanus, and pertussis (whooping cough) and related services by entities (organizations, sole traders and partnerships) that produce vaccines for diphtheria, tetanus, and pertussis (whooping cough).

 

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Government Initiatives Across The World Is Driving The Growth Of The DTP Vaccines Market

Countries such as India have the Universal Immunisation Programme that aims to provide recommended vaccines against tuberculosis, polio and other diseases including diphtheria, tetanus and whooping cough for all Indian children. The country regularly conducts vaccination drives, which is expected to positively impact the growth of the market. These initiatives are expected to drive the growth of the market in the forecast period.

 

Competitive Landscape And The Regional Analysis Of The DTP Vaccines Market

Major players in the DTP vaccines market are Merck & Co, Sanofi, GSK, Lanzhou Institute of Biological Products, Novartis AG, Pfizer Inc, Johnson & Johnson, Seqirus, AJ Vaccines, and Bionet-Asia.

 

The DTP Vaccines Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the DTP vaccines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the DTP vaccines market.

 

Manufacturing DTP Combination Vaccines – A Key Trend In The DTP Vaccines Market

Companies in the DTP vaccines market are increasingly investing in manufacturing DTP combination vaccines, which reduces multiple vaccination shots for immunization against infectious disease. DTP combination vaccines such as tetravalent (DTP-HepB), pentavalent (DTP-HepB-Hib) and hexavalent vaccine (DTP-Hib-HepB-IPV) are available to provide the same protection as individual vaccine shots given separately.

 

DTP Vaccines Market Segmentation By The Business Research Company

1) By Product Type: DTaP, TD, Tdap

2) By Disease: Diphtheria, Pertussis, Tetanus.

3) By End-User: Hospitals, Clinics, Vaccination Centers

 

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