DTaP Vaccine Market, Revenue Growth, Key Factors, Major Companies, Forecast To 2028
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The size for DTaP Vaccine Market was USD 3.26 Billion in 2020 and is projected to reach USD 5.51 Billion by 2028, with a Compound Annual Growth Rate (CAGR) of 6.84% during the forecast period. The growth of the DTaP vaccine market is anticipated to be fueled by the introduction of combination vaccines recommended for immunization programs. These vaccines aim to reduce the number of injections required while ensuring compliance with immunization in infants. The DTaP vaccine addresses three diseases—diphtheria, tetanus, and pertussis.
In 2017, the demand for vaccines containing D&T reached 945 million doses. By 2018, approximately 86% of infants worldwide received three doses of the DTP3 (diphtheria-tetanus-pertussis 3) vaccine, providing protection against infectious diseases that could lead to severe illness and disability in adulthood. Despite this progress, there were still 151,000 registered cases of pertussis globally in 2018.
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Competitive landscape:
The companies profiled in the report are GlaxoSmithKline, Sanofi Pasteur, Protein Sciences Corporation, Novartis AG, Merch Sharp & Dohme Corp., Pfizer Inc., Astellas Pharma US, Sanofi Aventis, AstraZeneca, and Emergent Biosolution Inc. These industry players are focusing on developing combination vaccines to lower disease burden globally.
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Driving Factors Of Dtap Vaccine Market
- Introduction of Combination Vaccines: The DTaP vaccine market is driven by the introduction of combination vaccines, which are recommended for immunization programs. These vaccines help reduce the number of injections required, enhancing convenience and compliance.
- Immunization Programs: The demand for DTaP vaccines is influenced by widespread immunization programs aimed at protecting infants from diseases such as diphtheria, tetanus, and pertussis. These programs contribute to the overall growth of the DTaP vaccine market.
- Comprehensive Disease Coverage: The DTaP vaccine targets three diseases simultaneously—diphtheria, tetanus, and pertussis—providing a comprehensive solution for disease prevention. This broad coverage is a significant factor driving the market's adoption.
- Global Vaccination Initiatives: Initiatives and campaigns at a global level to increase vaccination coverage, especially among infants, contribute to the growth of the DTaP vaccine market. These initiatives aim to improve overall public health.
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