Global Cholera Vaccine Market is valued at USD 110.7 Million in 2021 and is expected to reach USD 257.2 Million by 2028 with a CAGR of 12.8% over the forecast period.
Global Cholera Vaccine Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing prevalence of cholera and rising investment in this field are some of the major factors driving the growth of the Global Cholera Vaccine Market.
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Scope of Cholera Vaccine Market Report:-
Cholera is an intestinal infection caused by bacterial contaminations that spread through contaminated food and water. Its indications include; severe diarrhea, dehydration, abdominal pain, fever, rapid heart rate, loss of skin elasticity, low blood pressure, muscle cramps, and dry mucous membranes, such as the inside of the mouth, throat, nose, and eyelids. It is currently a global threat to public health, which can be prevented through the vaccine. The cholera vaccine exposes a minor dose of live cholera bacteria in the body that helps grow immunity against the disease. It can be given orally or injected intradermally or intramuscularly in the body.
The Covid-19 outbreak has slightly affected on the cholera virus vaccine market in the year 2020. Due to, strict lockdown measures and social distancing norms across the globe. Due to the unbreakable spread and increasing, death rate governments are trying to conquer the situation due to that pharmaceutical companies rushed towards the research and development and production of coronavirus vaccine. Due to this, production of cholera virus is slightly affected. Despite of, number of cholera vaccines are under clinical trial phases.
Global Cholera Vaccine Market Segmentation:-
The cholera vaccine market is segmented on the basis of product, end-user and region & country level. On the basis of product, the global cholera vaccine market is segmented into dukoral, shanchol, vaxchora, euvichol and euvichol-plus, others. On the basis of end-user, the global cholera vaccine market is segmented into hospitals & clinics, research & academic laboratories, and others.
By Product:
- Dukoral
- Shanchol
- Vaxchora
- Euvichol and Euvichol-Plus
- Others
By End-User:
- Research & Academic Laboratories
- Hospitals & clinics
- Others
Key Players of Global Cholera Vaccine Market Report:-
Some of the key players for Cholera Vaccine are
- AstraZeneca,
- Shantha Biotechnics Private Limited,
- Valneva SE,
- Merck & Co. Inc.,
- PaxVax Inc.
- others.
News –
FDA Approved Vaccine to Prevent Cholera for travelers
On June 10th, 2016; The U.S. Food and Drug Administration approved Vaxchora, a vaccine for the prevention of cholera caused by serogroup O1 in adults 18 through 64 years of age traveling to cholera-affected areas. Vaxchora is the only FDA-approved vaccine for the prevention of cholera.
Geographically, North America is expected to show the fastest growth in the global Cholera Vaccine market. Several government programs such as oral cholera vaccination campaigns, the number of people traveling to countries with sudden outbreaks of cholera is increasing and demand for immunization is growing. In the U.S. Food and Drug Administration (FDA) approved Vaxchora, a vaccine for the prevention of cholera affected by serogroup O1 in adults 18 through 64 years of age migrant to cholera-affected areas. Vaxchora is the FDA-agreed vaccine for the prevention of cholera. According to the (center and disease control and prevention) CDC, Vaxchora had described to reduce the chance of severe diarrhea in people by 90% at 10 days after vaccination and by 80% at 3 months later vaccination.
Asia Pacific is expected to show a significant growth in the global Cholera vaccine market owing to the increasing cases of Covid-19, rising awareness and growing investment in this field in this region.
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2028?
- Which region has more opportunities?
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