Tuberculosis (TB) is an infectious disease which is caused by the bacteria called Mycobacterium tuberculosis (MTB). Tuberculosis mainly affects lungs, but can also affect other parts of the body. Typical signs of tuberculosis includes chronic or persistent cough and sputum production. When TB is at an advanced stage the sputum will contain blood and other symptoms include lack of appetite, weight loss, fever, and night sweats.
The global tuberculosis vaccine treatment market is expected to grow at a CAGR of 8.7% during the forecast period 2017-2023.
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Tuberculosis Vaccine Treatment Market Segmentation
The global tuberculosis vaccine treatment market has been segmented on the basis of end-users, type of TB test, type of TB vaccine, and lastly, region. Highlighting the end-users, the market has been segmented into hospitals, private clinics, research institutions, and others. By the type of TB tests, the market has been segmented into Interferon-Gamma Release Assays (IGRAs), TB blood tests, tuberculin skin test (TST), and others. Based on the type of Tb vaccines, it is segmented into booster vaccines, immunotherapeutic vaccines, and others.
The regional segmentation of the global tuberculosis vaccine treatment market has been segmented on the basis of The Americas (North America & South America), Europe, Asia Pacific, and the Middle East & Africa (MEA). The Americas hold the highest share of the global market. Due to the availability of most advanced medical facilities and highest technological development, North America is a greater market than South America. Major market players are also based in North America. In the North America market, a major chunk of revenue comes from the United States of America (USA) and Canada.
Tuberculosis Vaccine Treatment Market Key Players
The key players in the global tuberculosis vaccine treatment market include Bavarian Nordic(USA), GlaxoSmithKline plc (UK), GreenSignal BioPharma Limited (India), IDT Biologics GmbH (Germany), Informa plc.(USA), Merck & Co., Inc.(the USA), Sanofi Pasteur SA (France), Serum Institute of India Pvt. Ltd. (India), Solvay(USA), and Taj Pharmaceuticals Limited (India).
Tuberculosis Vaccine Treatment Market Regional Analysis
Europe is the second biggest market for the TB vaccines not only due to government funds for research but also because of the increase in research and development activities by research institutions & pharmaceutical companies. Due to reasons same as the Americas, Western Europe market is bigger than the Eastern Europe market. In this region, the most important country based markets include France, Germany, Italy, Spain, and the United Kingdom (UK), followed by the rest of Western Europe.
The Asia Pacific is expected to emerge as the fastest growing market during the forecast period with China and India taking the lead in this region due to medical facilities improving in this region with growing urbanization and steady technological advancement that is giving rise to medical tourism in the Asia Pacific region. The other important markets in this region are Australia, Japan, and South Korea, followed by the rest of the Asia Pacific region.
The MEA region holds least market share due to ignorance of diseases, lack of education, less infrastructure development, limited growth in the healthcare sector, limited screening, political instability, and poor access to treatment. The most important country based markets in this region are Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates (UAE), followed by the rest of the MEA region.
Table Of Content
1. Report Prologue
2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
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