Global Pertussis Vaccine Market
Pharmaceuticals

Future Growth Forecast For The Pertussis Vaccine Global Market 2024-2033

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The pertussis vaccine market, a cornerstone in preventive healthcare, has experienced steady growth, evolving from $5.26 billion in 2023 to a projected $5.5 billion in 2024, boasting a Compound Annual Growth Rate (CAGR) of 4.4%. This upward trajectory is attributed to disease prevalence, robust immunization programs, increased pediatric vaccination, and supportive regulatory approvals. Looking ahead, the forecast anticipates sustained growth, reaching $6.33 billion in 2028 at a CAGR of 3.6%. Let’s delve into the key drivers, major trends, and the impactful role of innovative approvals in shaping the pertussis vaccine landscape.

Surge In Childbirth Rates Fuels Growth Of Pertussis Vaccine Market

  • Childbirth Rates Impact
    • Rising childbirth rates contribute to the growth of the pertussis vaccine market.
    • Pertussis vaccine primarily used to protect children from whooping cough and severe diseases.
  • Global Statistics
    • CDC reports a rise in US births, from 3.61 million in 2020 to 3.66 million in 2021.
    • Statistics Canada notes a 2% increase in Canadian births, from 360,552 in 2020 to 367,684 in 2021.
  • Driving Force
    • The pertussis vaccine market propelled by the increasing number of childbirths globally.

Innovative Approvals Bolster Major Companies In The Pertussis Vaccine Market

  • Innovative Drug Approvals
    • Major companies focus on developing and gaining approvals for innovative pertussis vaccines.
    • BOOSTRIX, a Tdap vaccine, approved by the FDA for use during pregnancy to prevent pertussis in newborns.
  • Case Study: GSK plc.
    • GSK plc. expands its vaccine portfolio with the acquisition of Affinivax Inc. for $2.1 billion.
    • The acquisition aims to broaden GSK’s scientific footprint, enhance its R&D pipeline, and leverage disruptive vaccine technology.
  • Strategic Acquisitions
    • GSK plc.’s acquisition of Affinivax Inc. bolsters its pertussis vaccine offerings and overall vaccine portfolio.

View More On The Pertussis Vaccine Market Report 2023 – https://www.thebusinessresearchcompany.com/report/pertussis-vaccine-global-market-report

Innovative Approvals Bolster Major Companies In The Pertussis Vaccine Market

  • Innovative Drug Approvals
    • Major companies focus on developing and gaining approvals for innovative pertussis vaccines.
    • BOOSTRIX, a Tdap vaccine, approved by the FDA for use during pregnancy to prevent pertussis in newborns.
  • Case Study: GSK plc.
    • GSK plc. expands its vaccine portfolio with the acquisition of Affinivax Inc. for $2.1 billion.
    • The acquisition aims to broaden GSK’s scientific footprint, enhance its R&D pipeline, and leverage disruptive vaccine technology.
  • Strategic Acquisitions
    • GSK plc.’s acquisition of Affinivax Inc. bolsters its pertussis vaccine offerings and overall vaccine portfolio.

Market Segmentation and Regional Trends

  • Market Segmentation
    • By Product Type: DTaP (Diphtheria, Tetanus, and Acellular Pertussis) Vaccine, Tdap (Tetanus, Diphtheria, and Pertussis) Vaccine.
    • By Vaccine Type: Whole-Cell Vaccine, Acellular Vaccine.
    • By Application: Children, Adults, Infants.
    • By End-User: Vaccination Centers, Hospitals, Clinics.
  • Regional Trends
    • North America: Dominated the pertussis vaccine market in 2023.
    • Continued growth expected, with Asia-Pacific emerging as a significant contributor.

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The Pertussis Vaccine Global Market Report 2023  provides a comprehensive overview on the pertussis vaccine market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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