Tuberculosis Vaccine Market Set to Witness Steady Growth through (2021-2027)
“The Tuberculosis Vaccine Market 2021 – 2027 report covers the important factors driving the growth of the market, untapped opportunities for manufacturers, trends and developments shaping the dynamics of the market and other insights across various key segments.”
The Tuberculosis Vaccine research report covers the current scenario and the growth prospects of the global Tuberculosis Vaccine industry forecast 2021 – 2027. The report enlists several important factors, starting from the basics principal to advanced market intelligence which play a vital part in strategizing. Tuberculosis Vaccine manufacturers and is a important source of guidance and direction for companies and individuals interested in the Tuberculosis Vaccine industry.
Tuberculosis (TB) is a highly infectious illness caused by the bacteria Mycobacterium tuberculosis, which is spread mostly by direct contact between people. It causes a multisystem illness, which can lead to the affected person’s death. Latent TB, in which the infected individual displays no indications, and active TB, in which the infected person has clinical signs of TB, are the two kinds of TB that are often seen. Fever, night sweats, cough, weight loss, hemoptysis (coughing up blood-stained sputum), tiredness, chest discomfort, and shortness of breath are some of the clinical symptoms and indications of tuberculosis. Skin tests, polymerase chain reaction tests, and interferon-gamma release assays can all be used to diagnose TB. The BCG vaccination, on the other hand, has limited usefulness and effectiveness in both adults and children. Many tuberculosis vaccines are now in clinical trials and are projected to hit the tuberculosis vaccine market in the coming years.
Tuberculosis is the viral illness that causes the greatest number of deaths worldwide. According to the World Health Organization’s (WHO) information on tuberculosis (TB), 10.4 million people were infected with the disease in 2016 and 1.7 million people died from it. More than 95 percent of tuberculosis deaths happen in low- and middle-income countries. Such a large number of cases demonstrates the disease’s immensity and the urgent need for vaccinations throughout the world. As a result, the launch of a TB vaccine would generate considerable income, propelling the industry forward. According to a worldwide assessment on tuberculosis vaccination published in 2018, tuberculosis costs the global economy about US$ 21 billion per year. This frequently leads to poor patient compliance, which eventually leads to an increase in medication resistance, worsening the TB. According to the World Health Organization, almost 600,000 new instances of rifampicin resistance, the most effective first-line treatment, were reported in 2017, with around 490,000 of those having MDR-TB. Although the cost of tuberculosis treatment is not a major problem in poor nations due to government assistance and free medication, it is a major concern in affluent countries like the U.S. and Europe. Increased international acknowledgment of tuberculosis lethality, as well as increased financing for TB vaccine development, would be beneficial. Increasing research and development initiatives by firms and inter-governmental organizations for the development of tuberculosis vaccines are projected to enhance the global tuberculosis vaccine market during the forecast period. Aeras is a non-governmental organization that promotes the development of tuberculosis vaccines. It has assisted in the development of nine tuberculosis vaccine candidates and has performed over 35 Phase 1-2b clinical studies.
Since tuberculosis is most common in medium and low-income nations in Asia Pacific and Africa, these regions would be the best candidates for a possible TB vaccine. Another potential risk in these areas is the large number of HIV-positive people who live there. According to the WHO, TB was responsible for over 40 percent of HIV-positive people’s deaths in 2016. TB vaccines might be very useful in these areas, driving the global tuberculosis vaccine market forward.
To battle TB, India has established the National Strategic Plan (NSP) for TB Elimination 2017-2025, which accounts for half a million global TB fatalities. India also established the India TB Research Consortium to promote the development of TB vaccines and medications. A substantial proportion of TB patients are seen in developed locations such as North America. According to the Centers for Disease Control and Prevention, 9,093 cases of tuberculosis were recorded in the U.S. in 2017. Every patient’s treatment costs for MDR-TB and XDR-TB were roughly US$ 160,000 and US$ 513,000, respectively. In nations like the U.S., an effective TB vaccination would garner a lot of popularity.
Major Key Players Include In Tuberculosis Vaccine Market: GlaxoSmithKline, Sanofi Pasture, Longcom Enterprise Ltd, Biofabri, Valneva plc, and Archivel Farma S.L.
To tackle tuberculosis, many businesses and research institutions are working to create a tuberculosis vaccine. There are fourteen tuberculosis vaccines in clinical trials, with one experimental candidate from China, Vaccae, in phase three and three in late phase two. The majority of research is conducted at academic and research institutions, with the results eventually being passed to commercial enterprises for effective distribution and access. Companies are also working to improve current BCG vaccinations in order to develop a recombinant vaccine to combat tuberculosis.
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Main points in Tuberculosis Vaccine Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Tuberculosis Vaccine Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Tuberculosis Vaccine Industry Impact
Chapter 2 Global Tuberculosis Vaccine Competition by Types, Applications, and Top Regions and Countries
2.1 Global Tuberculosis Vaccine (Volume and Value) by Type
2.3 Global 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 Tuberculosis Vaccine Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Tuberculosis Vaccine Market Analysis
Chapter 6 East Asia Tuberculosis Vaccine Market Analysis
Chapter 7 Europe Tuberculosis Vaccine Market Analysis
Chapter 8 South Asia Tuberculosis Vaccine Market Analysis
Chapter 9 Southeast Asia Tuberculosis Vaccine Market Analysis
Chapter 10 Middle East Tuberculosis Vaccine Market Analysis
Chapter 11 Africa Tuberculosis Vaccine Market Analysis
Chapter 12 Oceania Tuberculosis Vaccine Market Analysis
Chapter 13 South America Tuberculosis Vaccine Market Analysis
Chapter 14 Company Profiles and Key Figures in Tuberculosis Vaccine Business
Chapter 15 Global Tuberculosis Vaccine Market Forecast (2021-2027)
Chapter 16 Conclusions
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