Cholera Vaccine Market will Generate New Growth by Top Vendors: Valneva SE, Emergent BioSolutions, Astellas Pharma, Sanofi Eubiologics and More


Posted March 18, 2019 by srushtih

growth in the demand of cholera vaccines in low- & middle-income countries play a major role in the growth of the cholera vaccine market.

 
The global cholera vaccine market size in 2017 is $ 65 million, and is projected to reach $207 million by 2025, growing at a CAGR of 15.6% from 2018 to 2025.

A vaccine is a biological preparation that assists in strengthening the immune system and provides acquired immunity against a specific pathogen. Vaccinations have proved to be one of the best methods to treat infectious diseases by many international organizations such as the World Health Organization (WHO). Cholera is one of the type of infectious disease caused by the bacterium Vibrio cholera. It is associated with the severe diarrhea and the immediate treatment is essential as death is inevitable if the disease is left untreated.

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Cholera is anticipated to be a global threat to public health especially in regions that lack social development. Thus, cholera vaccine is essential to control cholera. There are two types of cholera vaccine available in the market including inactivated and live oral cholera vaccines, whereas inactivated cholera vaccines are successfully employed globally. These vaccines are mainly taken by travelers and the people who are living in the cholera affected region. In addition, WHO is recommended that cholera vaccine should be taken at least 2 weeks before arrival at the destination and at least 1 week of gap between the doses. Hence, these aforementioned factors helps in increasing the global cholera vaccine market share.

The demand for the global cholera vaccine market is increasing due to high prevalence of chronic diseases, lack of proper sanitation & consumption of contaminated food, and growth in awareness about cholera preventive care. In addition, the development of novel approaches for new cholera vaccine and increase in government focus on immunization programs further drive the market growth. However, longer timelines required for cholera vaccine production, risk of adverse effects, high costs associated with the development of vaccines, and the time taken for the regulatory approval is projected to impede growth of the cholera vaccine market. On the contrary, high growth opportunities in untapped markets are expected to provide significant profitable opportunities for the manufacturers in the cholera vaccine industry.
Region segment review:

Region wise, the cholera vaccine market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominated the market in 2017, accounting for the highest share, and is anticipated to maintain this trend throughout the forecast period. This is attributed to the increase in the prevalence of cholera disease and rise in importance of immunization. The market in North America is expected to grow at the highest CAGR during the forecast period. The U.S. market has the highest share of the market in 2017, attributable to the launch of the first and only oral cholera vaccine, Vaxchora, in the U.S. Furthermore, the number of travelers from U.S. to cholera-affected countries is increasing, thereby increasing the demand for immunization.


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The report provides a comprehensive analysis of the key players operating in the global cholera vaccine market, namely Valneva SE, Emergent BioSolutions, Inc. (PaxVax, Inc.), Astellas Pharma, Inc., Sanofi (Shantha Biotechnics Private Limited), Eubiologics Co., Ltd., Johnson & Johnson (Crucell), and Celldex Therapeutics, Inc. The other players in the value chain include Merck & Co., Inc., GlaxoSmithKline plc., and others.
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Categories Health , Medical
Tags cholera vaccine market , dukoral , pharmaceuticals
Last Updated March 18, 2019