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Human Tuberculosis Vaccine Market is expected to exhibit a CAGR of 4.0%, Globally Surpass US$ 69.39 Mn by 2030 | GlaxoSmithKline, Serum Institute of India Pvt. Ltd

December 7th, 2022 Coherent Market Insights Releases

Tuberculosis occurs due to a bacterium called as Mycobacterium TB. The bacteria generally targets the lungs, however Tuberculosis bacteria can trigger any part of the body such as the renal, spine, and cerebrum. There are two TB-problems which take place, they are latent TB infection (LTBI) and Tuberculosis disease. BCG is a immunizer for tuberculosis disease. This immunizer is not vastly utilized in the U.S. Anyhow, it is usually given to new born and small kids in other regions such as Nigeria, Norway, and Philippines in which TB is common. BCG do not always save people from being TB. TB condition in kids under 15 years of age is a public health disorder of unusual consideration as it is a prodrug of current transmission of Tuberculosis. For example, as per data report by The CDC In 2020, U.S. state, local, and territorial health organizations published a total of 7,174 TB cases amidst children aged 14 years or below in the U.S., holding for 4% of all people published with TB countrywide.

Global human tuberculosis vaccine market is expected to be evaluated at US$ 50.57 Mn in 2022 and is anticipated to show a CAGR of 4.0% during the predicted duration (2022-2030).

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Rising number of TB disease awareness campaigns practiced by regulatory officials is anticipated to offer lucrative opportunities to key players in the global human tuberculosis vaccine market. For example, on March 24, 2022, the MMHSP introduced its sixth national campaign to enable the prior analysis of TB and enhance cure for the inflammation. The campaign started from March 25 to June 30 under the slogan “Towards a national mobilization to protect lives and reduce TB in Morocco”.

Rising cases of TB is anticipated to fuel the global human tuberculosis vaccine market growth during the predicted duration. For example, as per the CDC in March 2022, the published cases of tuberculosis crossed 9.4%, from 2.2 in 2020 to 2.4 in 2021 however was less than cases during 2019 (2.7). Growth took place amidst both U.S.-born and non–U.S.-born individuals. Furthermore, as per the TBFacts.org in 2020, the expected cases of TB in South Africa in 2018 was 737 (95% CI 580-890) per 100,000 people.

Impact of the Coronavirus

The COVID-19 outbreak has hindered and interrupted the total hospital services globally. For example, as per a report presented on April 21, 2022 by the New England Journal of Medicine, the WHO expected that around 10 million people had TB in 2020 and only 5.8 million cases were cured and reported. Anyhow, it reflected an 18% reduction from 2019. This reduction was focused in 16 regions, with Asian countries (particularly India, Indonesia, the Philippines, and China) viewing the largest decrease in case reporting. These regions all had major Covid-19 outburst and interruptions in health care facilities.

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Market Restraints

The end of medical tests of TB vaccine is anticipated to impede growth of the global human tuberculosis vaccine market. For example, in August 2018, GlaxoSmithKline Plc., declared the closure of their medical trial for tuberculosis immunizer candidate GSK 692342, owing to a security signal found at a strategic interim safety analysis. Further conduct of this security survey was not advised, and thus, the survey was terminated. The trial was in Phase II.

Regional Analysis

Regionally, the global human tuberculosis vaccine market is divided into Europe, North America, Asia Pacific, Latin America, Middle East, and Africa.

Amidst regions, Asia Pacific is anticipated to keep a leading place in market over the predicted timeframe, due to, rising R&D activities for TB immunizer in Asia Pacific region. For example, in March 2022, ICMR started performing Phase III double-blind placebo control trials across India. In Maharashtra, it has been performed at two sites under ICMR-NARI Pune. At present, a total of 1,593 members are randomized at Pune, India and their follow up for 38 months is ongoing. Efficiency and security of two candidate TB vaccines will be surveyed under this test. The two immunizers under survey are VPM1002 and Immuvac.

Competitive Landscape

Key players included in the global human tuberculosis vaccine market are Archivel Farma,  AJ Vaccines A/S, Japan BCG Laboratory, GlaxoSmithKline Plc, Merck & Co., Inc., Taj Pharma India Limited, GreenSignal Bio Pharma Private Limited (GSBPL),  Serum Institute of India Pvt. Ltd., Valneva SE, BIOFABRI (Zendal), and Biomed Lublin S.A.

Reasons to buy this Human Tuberculosis Vaccine Market Report

☑ It attempts an analysis of the competing scenario.

☑ The current and exceptional product revenue market.

☑ An in-depth data on the regional investigation and competitive landscape structure.

☑ It benefits in creating an awareness of the important key product segments.

☑ The marketing strategies, opportunities, and development factors are explained.

☑ Human Tuberculosis Vaccine market size estimation and recent advancements in the industry are explained.

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Human Tuberculosis Vaccine Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Human Tuberculosis Vaccine Industry Impact

Chapter 2 Global Human Tuberculosis Vaccine Competition by Types, Applications, and Top Regions and Countries
2.1 Global Human Tuberculosis Vaccine (Volume and Value) by Type
2.3 Global Human Tuberculosis Vaccine (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Human Tuberculosis Vaccine Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Human Tuberculosis Vaccine Market Analysis
Chapter 6 East Asia Human Tuberculosis Vaccine Market Analysis
Chapter 7 Europe Human Tuberculosis Vaccine Market Analysis
Chapter 8 South Asia Human Tuberculosis Vaccine Market Analysis
Chapter 9 Southeast Asia Human Tuberculosis Vaccine Market Analysis
Chapter 10 Middle East Human Tuberculosis Vaccine Market Analysis
Chapter 11 Africa Human Tuberculosis Vaccine Market Analysis
Chapter 12 Oceania Human Tuberculosis Vaccine Market Analysis
Chapter 13 South America Human Tuberculosis Vaccine Market Analysis
Chapter 14 Company Profiles and Key Figures in Human Tuberculosis Vaccine Business
Chapter 15 Global Human Tuberculosis Vaccine Market Forecast (2022-2028)
Chapter 16 Conclusions

About Coherent Market Insights

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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Coherent Market Insights
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Email: sales@coherentmarketinsights.com

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