This research Profiles GlaxoSmithKline Plc., PaxVax Corporation, Merial, Inc., Merck Sharp & Dohme Corp., VALNEVA Canada Inc., QUÍMICA SUIZA S.A., Admonitor, Inc., Aventis (Sanofi S.A.), Serum Institute of India Pvt. Ltd., Swiss Serum and Vaccine Institute Berne, Bull Bio – NCIPD Ltd., Vaxart, Inc., Shantha Biotechnics, Crucell among the others.
The analysts of Healthcare Intelligence Markets have thoroughly examined the Global Oral Vaccines Market and have anticipated that the market will grow at a CAGR of +6% by 2026
A tremendous upsurge has been seen in the demand for needle-free vaccines due to some noticeable choices of oral delivery over parenteral administration in the last few years. The oral vaccines market hold an extremely strong potential to take vaccination to a new level of advantage due to the increase in the adherence to vaccination regime. During the high infectious diseases such as seasonal flu, people prefer more of oral vaccines to evade the peril of contaminated needles and syringes to health workers. The use of common vaccines has restrained the extensive transmission of diseases such as polio and measles in developing as well as developed regions.
Oral vaccines for tuberculosis, HIV and influenza are said to be a dominance over the market as there is a huge increase in the development by the key players in a lower cost, which is one of the driving factors of the market.
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The Global Oral Vaccines Market provides its segmentations by end-users such as Hospitals, Clinics, Government Vaccination Programs and Research Institutes. Along with this, it also provides an in-depth analysis of the prominent factors that influence the market which includes drivers, opportunities, trends and industry-specific challenges.
The major key vendors of the global oral vaccines market are GlaxoSmithKline Plc., PaxVax Corporation, Merial, Inc., Merck Sharp & Dohme Corp., VALNEVA Canada Inc., QUÍMICA SUIZA S.A., Admonitor, Inc., Aventis (Sanofi S.A.), Serum Institute of India Pvt. Ltd., Swiss Serum and Vaccine Institute Berne, Bull Bio – NCIPD Ltd., Vaxart, Inc., Shantha Biotechnics, Crucell among the others.
PaxVax Inc, which grows and commercializes advanced vaccines against infectious diseases in a communally responsible manner, announces that it has originated its Phase 3 clinical trial program for its single-dose oral cholera vaccine candidate, PXVX0200, which is also known as CVD 103-HgR. Approximately 3,000 participants will be enrolled in this pivotal program, which is encompassed of cholera challenge, safety, and immunogenicity studies.
Bioterrorism and resistance to existing vaccines are the factors that are the major drivers, assisting in the development of the market. But due to the inaccessibility of oral vaccines in the remote areas, is restraining the growth of the market. However, preference to oral vaccines by children and geriatric population and recent FDA approvals to oral vaccines for diseases such as cholera, etc. are some of the factors that are fueling the growth of the market.
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• By Product type
o Live Attenuated Vaccines
o Killed/inactivated Vaccines
o Recombinant Vaccines
o Others (Ribosomal fractions, Antigenic preparations)
• By Disease
o Respiratory Infections
o Others (adenovirus, Hemophilic etc.)
• By End-User
o Government Vaccination Programs
o Research Institutes
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The report provides both, qualitative and quantitative research of the market, as well as provides worthy insights into the rational scenario and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players. The key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by the major players are also recognized and analyzed in the report. For each company, the report recognizes their headquarter, competitors, product type, application and specification, pricing, and gross margin.