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Typhoid Fever Vaccines Market to Make a Leap and Reach a Valuation of USD 554.4 Million And witness a CAGR of 11.9% by 2028

January 27th, 2022 Coherent Market Insights Releases

Typhoid fever, also called typhoid, maybe a bacterial infection caused by Salmonella typhus, also called Salmonella enterica serotype typhus. enteric fever is sometimes caused by eating contaminated food or water. The typhoid vaccine prevents and protects against typhoid. the planet Health Organization (WHO) has suggested three typhoid vaccines counting the conjugate vaccine, the capsular polysaccharide vaccine, and the live attenuated vaccine.

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Global Typhoid Fever Vaccines Market: Drivers

Organizations like the planet Health Organization (WHO), Gavi, the Bill and Melinda Gates Foundation, et al are working hard to lift awareness about typhoid and to market vaccination efforts against such disorders. For example, the WHO recommended vaccinating children over the age of six months against typhoid in local countries in October 2017. Suggested catch-up vaccinations whenever possible, preferably for youngsters and youngsters up to fifteen years old.

In addition, in December 2017, the planet Health Organization (WHO), India Biotech pre-qualified for the typhoid conjugate vaccine (TCV) Typbar TCV manufactured. WHO pre-qualification enables the acquisition and provision of vaccines by UNICEF, Pan-American Health. Countries were supported by PAHO and GAVI. it’s likely that such repeated initiatives taken by various organizations will support the expansion of the market within the estimated period.

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The high rate of typhoid in different increasing economies is anticipated to extend the requirement for typhoid vaccines within the near future and increase the growth of the global typhoid fever vaccine market. as an example, in line with the 2016 estimates of the International Health Metrics and Evaluation (IHME), about 12 million cases of typhoid were reported, leading to approximately 130,000 deaths worldwide.

Global Typhoid Fever Vaccines Market: Regional Analysis

The Asia Pacific is predicted to be the foremost profitable region for growth within the typhoid vaccine market, given the rate of typhoid in countries like India, Pakistan, and Bangladesh where the requirement for typhoid vaccines is high. for example, consistent with figures published by Med India about 18,45,997 cases of typhoid were detected in India in 2015.

Moreover, the presence of major typhoid vaccine manufacturers within the region and also the development and introduction of the latest vaccines by them. Market growth is predicted to accelerate during the estimated period. as an example, Bharat Biotech and Bio-Made Pvt Ltd are typhoid vaccine makers within the Asia Pacific. In 2013, Bharat Biotech introduced their new clinically proven typhoid vaccine Typbar-TCV, which provides long-term protection and may tend to infants up to 6 months.

Global Typhoid Fever Vaccines Market: Reimbursement Scenario

Vaccinations/immunizations don’t seem to be usually covered under Medicare until they’re associated with the treatment of an injury or direct exposure to a disorder or condition, like anti-rabies treatment or the antitoxin or booster vaccine. In the absence of conditions where there’s injury or direct contact, vaccination (preventive vaccination) against disorders like polio, typhoid and smallpox don’t seem to be counted. In cases where vaccination or injection is not included in coverage, the whole charge is denied.

Global Typhoid Fever Vaccines Market: Market Opportunity

Currently, there’s only typhoid conjugate vaccine prequalified by WHO (Typbar TCV) to treat children under 2 years old. The typhoid vaccine (TCV) is simpler in preventing disorders than other vaccines available. it’s long-lasting, a minimum of 5 years and preferably longer, compared to merely 2 years for previous typhoid vaccines.

The childhood immunization schedule continues to be empty of the typhoid vaccine. Although, with the introduction of Typbar TCV, things are predicted to alter, as these vaccines are counted within the childhood vaccination schedule, which can give young children early immunity to typhoid.

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The typhoid conjugate vaccine improved the age of vaccination to incorporate children under the age of two, specifically unprotected and typhoid responsive segments of the population. Makers may develop new typhoid vaccines with better and longer medical protection, cost-effectiveness, larger target age (counting children under two years of age), and other factors that don’t seem to be complemented by currently available vaccines.

Global Typhoid Fever Vaccines Market: Segmentation

On the basis of Vaccine Type, the Global Typhoid Fever Vaccines Market is segmented into:

  • Live Attenuated Vaccine
  • Capsular Polysaccharide Vaccines
  • Conjugate Vaccine
  • Others

On the basis of Typhoid Fever Vaccine Type, the Global Typhoid Fever Vaccines Market is segmented into:

• Oral

• Parental

On the basis of Region, the Global Typhoid Fever Vaccines Market is segmented into:

• North America

• Latin America

• Europe

• Asia Pacific

• Middle East

• Africa

Global Typhoid Fever Vaccines Market: Competitive Landscape

Key players performing in the global typhoid fever vaccines market are Prokarium, Shanghai Institute of Biological Products Co. Ltd., PaxVax Inc., PT Bio Farma, Bio-Med Pvt. Ltd., Bharat Biotech, Sanofi SA, and GlaxoSmithKline Plc.

Reasons to Purchase This Report

• Current and future of Typhoid Fever Vaccines Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Vaccine Type
      • Market Snippet, By Route of Administration
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Novel Product Launch/Approval
    • PEST Analysis
    • Awareness Strategy
    • Reimbursement Scenario
    • Typhoid Fever Vaccines Shortage
    • Clinical Trial Analysis
    • Countries with High Number of Incidents of Snake Bites
    • Market Entry Challenges
  4. Global Typhoid Fever Vaccines Market, By Vaccine Type, 2016 – 2026 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017–2026
      • Segment Trends
    • Live Attenuated Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
    • Capsular Polysaccharide Vaccines
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
    • Conjugate Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
  5. Global Typhoid Fever Vaccines Market, By Route of Administration, 2016 – 2026 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017–2026
      • Segment Trends
    • Oral
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
    • Parental
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
  6. Global Typhoid Fever Vaccines Market, By Region, 2016 – 2026 (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017–2026
    • North America
      • Market Size and Forecast, By Vaccine Type, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Route of Administration, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026 (US$ Mn)
        • U.S.
        • Canada
    • Europe
      • U.K.
      • Germany
      • Italy
      • France
      • Spain
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • ASEAN
      • Australia
      • South Korea
      • Rest of APAC
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Africa
      • Central Africa
      • South Africa
      • North Africa
    • Middle East
      • GCC
      • Israel
      • Rest of Middle East

View Press Release: https://www.coherentmarketinsights.com/press-release/typhoid-fever-vaccines-market-to-surpass-us-5544-mn-threshold-by-2026-1330

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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