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Global Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market Size By Product Type (DTaP-IPV, TD and Tdap-hEPb-IPV), By Age Group (Adult, Pediatrics), By End-User (Hospitals, Clinics and Vaccination Centers), By Geographic Scope And Forecast


Published on: 2024-08-06 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market Size By Product Type (DTaP-IPV, TD and Tdap-hEPb-IPV), By Age Group (Adult, Pediatrics), By End-User (Hospitals, Clinics and Vaccination Centers), By Geographic Scope And Forecast

Diphtheria, Tetanus, And Pertussis (DTaP) Vaccine Market Size And Forecast

Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market size was valued at USD 7.18 Billion in 2023 and is projected to reach USD 6.75 Billion by 2031, growing at a CAGR of 7.3% from 2024 to 2031.

  • The Diphtheria, Tetanus, and Pertussis (DTaP) vaccine is a combination vaccine that provides protection against three infectious diseasesdiphtheria, tetanus, and pertussis (whooping cough). Even the booster shots are advised throughout life. These vaccinations are normally given to children as part of regular immunization programs.
  • To protect kids from tetanus, pertussis, and diphtheria, they must receive the DTaP vaccinations. Particularly in young children, many illnesses have the potential to be serious. The best protection against these illnesses is vaccination.
  • Government immunization programs, rising vaccination awareness, and developments in vaccine technology are some of the reasons driving the market for DTaP vaccines.
  • According, to DTaP vaccine is injected to the 6 weeks to 6 years of age of children’s it gives immunity against DTaP. People who are dependent to certain vaccine-preventable illnesses may experience fatal consequences or even life-threatening complications.

Global Diphtheria, Tetanus, and Pertussis Vaccine Market Dynamics

The key market dynamics that are shaping the Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine market include

Key Market Drivers

  • Rise in Children Vaccination The number of children receiving DTaP vaccinations is significantly rising due to rising global birth rates and increased attention on childhood immunization programs in developing nations.
  • Research and Development Activities in DTaP VaccinesPharmaceutical companies are continually investigating and creating new and enhanced DTaP vaccines. These developments can include vaccines with fewer side effects or combination of doses that offer protection against many diseases in addition to pertussis, tetanus, and diphtheria.
  • Growing Awareness Regarding Vaccinations Public health programs and educational campaigns, especially in developing nations, are greatly raising knowledge of the value of vaccinations. More parents are choosing to vaccinate their children in accordance with suggested timelines.
  • Government Initiatives and Resources To make these vaccinations more widely available, several governments are putting in place robust immunization programs and providing financial assistance. Particularly in low- and middle-income nations is this true.

Key Challenges

  • High Cost of Vaccine Development The process of investigating, creating, and releasing new DTaP vaccinations is costly. This may reduce the number of businesses making investments in this area could hinder innovation.
  • Misinformation and Vaccine hesitation Parents may decide to postpone or refuse to vaccinate their children as a result of misinformation spreading online and vaccine hesitation. This may lead to avoid disease outbreaks and lower immunization rates overall.
  • Supply Chain Issues Manufacturers discontinuance of some DTaP vaccinations or production problems because of things like complicated manufacturing processes, difficult to find raw materials, and complicated distribution plans might occasionally result in brief shortages of supplies. This may interfere with immunization schedules and postpone kid protection.
  • Emerging Disease Strains As pertussis, a vaccine component in the DTaP, continues to change, new strains of the disease that might overcome vaccination-induced protection are appearing. In order to maintain vaccine efficacy against developing strains, it is essential to conduct ongoing research and monitoring to track changes in disease epidemiology and modify vaccine formulations appropriately.

Key Trends

  • Worldwide Pandemic Preparedness The COVID-19 outbreak has highlighted the significance of being ready for pandemics and having vaccinations in place. To improve global vaccine distribution networks, boost vaccine manufacturing, and strengthen vaccine supply chains, governments, healthcare systems, and vaccine manufacturers are investing in R&D and infrastructure. By strengthening the entire vaccination infrastructure and preparing for potential future epidemics, these initiatives should help the DTaP vaccine market.
  • AI and Other Advanced Technologies The development of the DTaP vaccine is increasingly reliant on the use of artificial intelligence and other advanced technologies. AI has the potential to expedite research, enhance vaccine design, and vaccine production procedures.
  • Growing Demand in Emerging Markets People are becoming more and more interested in emerging of vaccinations, which offer multi-disease protection in a single dose. As a result, a youngster requires fewer vaccinations overall, and vaccine completion rates rise. Pentavalent vaccinations, which combine DTaP with protection against Hepatitis B and Haemophilus influenza type B.
  • Emphasis on Developing New Vaccines Research and development are continuing to produce new DTaP vaccines with enhanced qualities. This covers vaccinations with increased potency, immunity that lasts longer, or reduced adverse effects.

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Global Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market Regional Analysis

Here is a more detailed regional analysis of the global Diphtheria, Tetanus, and Pertussis (DTaP) vaccine market

North America

  • The duration of the forecast period, North America is anticipated to lead the market. This is explained by the fact that North America has a 34.8% market share and is home to many important industry players. Prominent industry participants, including Sanofi, AJ Vaccines A/S, GSK plc, Merck & Co., Inc., and others, are well-represented in this area.
  • Due to their extensive public health awareness and well-established pediatric immunization programs, North American countries often have high vaccination rates.
  • Patients in North America have greater access to DTaP vaccines because to the generally favorable reimbursement policies of both government and insurance provider providers.

Europe

  • The duration of the projection period, the Europe area is anticipated to rank second in size. Because skin conditions are becoming more common in Europe. For example, a National Library of Medicine report from March 2022 states that 185,103,774 people in Europe had a dermatological ailment or disease in 2021.
  • Due to prevalence of dermatological diseases Europe contain DTaP vaccine which offers protection against bacterial illnesses such as pertussis, tetanus, and diphtheria. On the other hand, a variety of skin disorders known as dermatological illnesses are not brought on by these microorganisms.
  • Numbers of European nations have firmly developed healthcare systems with strong immunization program infrastructure. European governments have implemented robust immunization policies and provided financial support, thereby facilitating the accessibility of DTaP vaccinations. These reasons contribute to the high immunization rates for DTaP vaccinations in many European nations.

Global Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine MarketSegmentation Analysis

The Global Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market is segmented on the basis of Product Type, Age Group, End User, And Geography.

Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market, By Product Type

  • DTaP-IPV
  • TD
  • Tdap-hEPb-IPV

Based on the Product Type, the market is distributed into DTaP-IPV, TD and Tdap-hEPb-IPV and Others. Due to increased DTaP vaccine usage and new product launches, the DTaP vaccine segment is anticipated to lead the diphtheria vaccine market throughout the forecast period.

Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market, By Age Group

  • Adult
  • Pediatrics

Based on Age Group, the market is segmented into Adult and Pediatrics. During the projection period, the pediatrics category is anticipated to dominate the market, primarily because major players in the industry have increased their research and development expenditure.

Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market, By End-User

  • Hospitals
  • Clinics
  • Vaccination Centers

Based on End-User, the market is fragmented into Hospitals, Clinics and Vaccination Centers. The course of the projection period, hospitals are anticipated to dominate the market. This is due to an increase in government measures to open hospital novel wards for the prevention of diphtheria.

Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of Geography, the Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is likely to remain a major player in the DTaP vaccine market in the foreseeable future, but the competitive landscape may evolve as other regions develop their markets.

Key Players

The “Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are GLAXOSMITHKLINE PLC (GSK), Sanofi Pasteur, GlaxoSmithKline, SERUM INSTITUTE OF INDIA PVT. LTD, Protein Sciences Corporation, Novartis AG, Seqirus (formerly CSL Behring), Merck Sharp & Dohme Corp (MSD), Astellas Pharma Inc, Pfizer Inc, Johnson & Johnson. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Diphtheria, Tetanus, and Pertussis (DTaP) Vaccine Market Recent Developments

 

  • In December 2022, the 6-in-1 Hexavalent Vaccine development partnership between BIONET-ASIA, a vaccine manufacturing business, and Pharmaniaga Berhad, a pharmaceutical company based in Malaysia, was announced, with the help of the vaccine. Malaysian healthcare professionals would have the choice to vaccinate children against six common childhood illnesses, including hepatitis B (Hep-B), poliomyelitis (IPV), pertussis (aP), tetanus (TT), and diphtheria (DT).
  • In June 2022 , Global pharmaceutical company GSK plc revealed that it has invested over US$ 1.2 billion to speed up research and development (R&D) aimed at creating vaccines and medications to treat and prevent HIV (through ViiV Healthcare), malaria, tuberculosis, neglected tropical diseases (NTDs), and diphtheria.
  • In October 2020, a vaccine manufacturer named BIONET-ASIA declared that the Phase-II clinical trials for Tetanus, Diphtheria, and Pertussis (In Children, Prevention) were concluded in Thailand.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2020-2031

BASE YEAR

2023

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2020-2022

Unit

Value (USD Billion)

KEY COMPANIES PROFILED

GLAXOSMITHKLINE PLC (GSK), Sanofi Pasteur, GlaxoSmithKline, SERUM INSTITUTE OF INDIA PVT. LTD, Protein Sciences Corporation, Novartis AG, Seqirus (formerly CSL Behring), Merck Sharp & Dohme Corp (MSD), Astellas Pharma Inc, Pfizer Inc, Johnson & Johnson.

SEGMENTS COVERED

Product Type, Age Group, End User, And Geography.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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