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Thursday, October 12, 2023

The Global Diphtheria Vaccine Market is expected to grow with a CAGR of 6.5% from 2024 to 2030

According to a market report by Lucintel, the future of the global diphtheria vaccine market looks promising with opportunities in the hospital, clinic, and vaccination center markets. The global diphtheria vaccine market is expected to reach an estimated $7.5 billion by 2030 with a CAGR of 6.5% from 2024 to 2030.

The major drivers for this market are increasing demand for combination vaccines, rising awareness of the importance of diphtheria vaccination, and growing government initiatives to promote diphtheria vaccination programs.

In this market, DTaP vaccine, DT vaccine, Tdap vaccine, and Td vaccine are the major segments of diphtheria vaccine market by Vaccine type.

Lucintel forecasts that DTaP vaccine will remain the largest segment due to its wide usage to protects against diphtheria, tetanus, and pertussis.

Within this market, hospital will remain the largest segment as it’s a common places where people get vaccinated against diphtheria.

North America is expected to witness highest growth over the forecast period due to rising cases of diphtheria among unvaccinated people and presence of key manufacturers in the region.

AJ Vaccines, BIONET, Glaxosmithkline, Massbiologics, Merck & Co, Panacea Biotech, Sanofi, Serum Institute India, Bharat Biotech, and Meiji are the major suppliers in the diphtheria vaccine market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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