Global Tetanus Toxoid Vaccine Market Expected to Reach XX Million by 2025

2018-04-27 15:46:19

According to a new report published by Reports Monitor titled, “Tetanus Toxoid Vaccine Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Tetanus Toxoid Vaccine Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025. 

Tetanus toxoid vaccine is an inactive vaccine which is used to prevent tetanus by growing immunity against the pathogen causing tetanus. The vaccine is considered to be safe during pregnancy and for those with HIV. Tetanus is a severe illness that causes convulsions and serious muscle spasms that can be strong enough to cause bone fractures of the spine. It causes death in 30 to 40 percent of cases.

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The major factor for the market growth such as being one of the most effective, least expensive and best tolerated vaccines are heading the market towards the increasing use of such vaccination. Increasing concern and awareness regarding vaccination in developing countries in recent years can also be considered as another driving factor for the market. Vaccination is the main weapon for disease control in developing countries, also the only way of eliminating tetanus in developed countries. On the other hand, there are factors which can hamper the growth of the market such as falling profitability of vaccine manufacturing, huge reduction of tetanus in the developed world which eliminates the need for further vaccination due to herd immunity, side effects associated with vaccines, variability of efficacy of tetanus toxoid vaccine etc.

The global tetanus toxoid vaccine market report consists of various tools and techniques including, porters, value chain, market share analysis, and others. The data used in this report is gathered from extensive primary and secondary sources. This report gives the overall idea of market trends, opportunities, restraints, challenges, and others. The report includes major players along with their development strategies such as expansion, acquisition, merger, and others.

The global tetanus toxoid vaccine market is bifurcated into various segments such as by type, by forms, by end-user, and by region. Based on the type of market, it is segmented into monovalent tetanus toxoid (TT), diphtheria, tetanus, & pertussis (DTaP), diphtheria & tetanus (DT), tetanus, diphtheria, & pertussis (Tdap), and others. According to the forms, the market is segmented as quadrivalent, pentavalent, and hexavalent. On the basis of end-user, the market is classified into biotech & hospitals & clinics, government organizations, research, and others.

Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• Who are the major key players in global tetanus toxoid vaccine market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?

The major companies profiled in the report include- GlaxoSmithKline Plc., Merck & Co. Inc., Pfizer, Inc., Sanofi Pasteur, Inc., AstraZeneca Plc., Bharat Biotech, Shenzhen Kangtai Biological Products, Valeant Pharmaceuticals, Emergent Biosolutions Inc., Astellas Pharma Inc., Panacea Biotec and others.

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