Global Cholera Vaccines Market 2018-2022
About Cholera Vaccines
The cholera vaccines market appears to be concentrated due to the presence of few established players. The major vendors in the market compete based on pricing and presence across the world. The presence of a rich pipeline, strategic partnerships, and operational base are the other major competitive factors among cholera vaccine manufacturers. Cholera vaccines can be segmented into three product types which includes Shanchol, DUKORAL, and Vaxchora. Shanchol segment accounted for the major share of the cholera vaccines market. Cholera is very common in countries such as Congo, Yemen, South Sudan, Mozambique, and Haiti and these countries are the major adopters of Shanchol since this vaccine provides better long-term protection for children especially under the age of six.
Technavio’s analysts forecast the global cholera vaccines market to grow at a CAGR of 9.56% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global cholera vaccines market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of cholera vaccines.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Cholera Vaccines Market 2018-2022
Technavio recognizes the following companies as the key players in the global cholera vaccines market: PaxVax, Sanofi, and Valneva.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing number of public-private initiatives. Over the years, there has been a significant increase in the number of public-private partnerships in developing countries. Immunization programs by various governments are effectively backed by several organizations such as the WHO and the UNICEF and NGOs such a GAVI, which was formally called the Global Alliance for Vaccine and Immunization. Energy, knowledge, and technical know-how are used in public-private partnerships. All these initiatives are expected to help the growth of global cholera vaccines market and achieve immunization-related global goals.”
According to the report, one of the major drivers for this market is lack of proper sanitation and consumption of contaminated food. The consumption of contaminated water and food is one of the most common causes of cholera. Lack of proper sanitation and hygiene is a major concern in countries in Asia and Africa. This has increased the risk of cholera in these regions. The lack of proper sanitation and consumption of contaminated food drive the growth of cholera vaccines market in these regions.
PaxVax, Sanofi, and Valneva.
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