Emerging Growth Drivers in the Therapeutic BCG Vaccines Market Landscape: Fighting Tuberculosis Surging Global Cases Propel Growth In The Therapeutic Bcg Vaccine Market
Discover trends, market shifts, and competitive outlooks for the therapeutic bcg vaccines industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
#What Is the Current and Projected Market Size of the Therapeutic BCG Vaccines Market Through 2034?_x000D_
The market size for therapeutic BCG vaccines has seen significant growth in the past few years. From $56.47 billion in 2024, it is projected to expand to $59.66 billion in 2025 with a compound annual growth rate (CAGR) of 5.7%. Factors such as government measures for TB control, immune system regulation, worldwide immunization initiatives, bladder cancer treatment, investments in vaccine production, and the rise of drug-resistant TB strains can be credited for the growth during the historic period._x000D_
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Forecasts predict that the therapeutic bcg vaccines market will experience significant growth in the imminent years, expanding to a value of $77.17 billion by 2029 with a 6.6% compound annual growth rate (CAGR). The expected growth within this period can be linked to the proliferation to additional indications, heightened research regarding immunotherapy, global initiatives to combat emerging infectious diseases, regulatory endorsement for vaccine development, and an emphasis on the eradication of tuberculosis. The forecast period will also see trends such as enhancements in vaccine technology, optimized supply chains, market amalgamation and collaborations, patient comprehension and awareness, alternative mode of deliveries, and tailored medicine approaches._x000D_
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#Which Primay Drivers Are Accelerating Growth in the Therapeutic BCG Vaccines Market?#_x000D_
The escalating prevalence of tuberculosis (TB) globally is anticipated to stimulate the expansion of the therapeutic BCG vaccine market. Tuberculosis is an infectious disease, primarily affecting the lungs and posing severe health risks. TB spreads through airborne bacteria, often transmitted through coughing or sneezing episodes. BCG vaccines, while they do not directly cause TB due to their weakened germs, are employed to boost one’s immune system to combat the infection. They consistently provide protection against the most severe forms of TB, including adolescent TB meningitis. As BCG vaccines offer an effective defense against tuberculosis, their therapeutic use has seen an uptick. For instance, the UK Health Security Agency, a government entity, reported in February 2024 that TB cases in England saw a 10.7% spike in 2023 with 4,850 cases as opposed to 4,380 cases the previous year. Therefore, the acceleration in the global incidence of TB is fueling the growth of the therapeutic BCG vaccine market._x000D_
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#Which Primary Segments of the Therapeutic BCG Vaccines Market Are Driving Growth and Industry Transformations?#_x000D_
The therapeutic bcg vaccines market covered in this report is segmented –_x000D_
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1) By Type: Therapy BCG, Immune BCG_x000D_
2) By Demographics: Pediatrics, Adults_x000D_
3) By End Use: Hospitals, Clinics, Other End Users_x000D_
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Subsegments:_x000D_
1) By Therapy BCG: Intravesical BCG, Injectable BCG_x000D_
2) By Immune BCG: BCG For Immune Enhancement, BCG For Allergy Treatment_x000D_
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#Which Regions Are Key Players in the Growth of the Therapeutic BCG Vaccines Market?#_x000D_
Asia-Pacific was the largest region in the therapeutic BCG vaccines market in 2024. The regions covered in the therapeutic bcg vaccines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa_x000D_
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#Which Technological Trends Are Reshaping the Therapeutic BCG Vaccines Industry Dynamics?#_x000D_
The emergence of strategic collaborations has become a significant trend in the therapeutic BCG vaccine market. Major firms in this industry are directing their attentions towards strategic alliances with other prominent players to maintain their market standing. A notable instance of this was in May 2024 when ImmunityBio, a biotechnology company from the United States, entered a partnership with Serum Institute of India, a biotechnology and biopharmaceuticals company in India, to ensure the supply of Bacillus Calmette-Guerin (BCG) vaccine for all types of cancer. The collaboration aims at the production of standard BCG (sBCG) for use outside the US and a novel, recombinant BCG (iBCG) presently under trials. The intended use of iBCG is alongside ImmunityBio’s ANKTIVA (nogapendekin alfa inbakicept-PMLN), for approved and more indications in the future, subject to regulatory endorsements._x000D_
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#What Parameters Are Used to Define the Therapeutic BCG Vaccines Market?#_x000D_
Therapeutic BCG vaccine refers to a vaccine that offers defense against TB, also referred to as tuberculosis. The therapeutic BCG vaccine, which stands for the Bacillus Calmette-Guérin vaccine, is not a part of the standard NHS vaccination schedule. Only one dose of the BCG vaccine should be administered in a lifetime._x000D_
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