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BCG Vaccine Market Estimated to Reach $28,051 Thousand by 2023


Portland, OR -- (SBWIRE) -- 06/18/2018 -- Research Beam has added a report, titled, "BCG Vaccine Market - Global Opportunity Analysis and Industry Forecast, 2017–2023." According to the research, the global BCG vaccine market generated $20,366 thousand in 2016, and is estimated to reach $28,051 thousand by 2023, registering a CAGR of 4.6% from 2017 to 2023. The report provides a comprehensive analysis of major segments, Porter's Five Forces, drivers & restraints, and key manufacturers. These insights assist leading market players, investors, new entrants, and stakeholders in identifying opportunities and adopting various strategies to gain competitive advantage and major market share.
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The report provides executive summary of the market in which CXO perspective is mentioned. An overview of the global BCG vaccine market is outlined based on market definition and scope. Key findings are highlighted based on top winning strategies, top investment pockets, and positioning of top players. Research methodology implemented by analysts is mentioned in the study along with key findings. Porter's Five Forces Analysis is offered based on bargaining power of suppliers & buyers, threat of new entrants & substitutes, and competitive rivalry.

Market dynamics are provided in the research based on drivers, restraints, and opportunities. Rise in prevalence of tuberculosis and growth in technological advancements in the vaccine research are factors driving the global BCG vaccine market. However, side effects of BCG vaccine and a global shortage of BCG vaccine limit growth of the industry. Rise in government initiatives and emphasis on immunization programs globally and untapped market potential in developing regions create new opportunities in the industry.

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The report offers insights on key segments of the global BCG vaccine industry based on demographics and geography. Based on demographics, the market is classified into pediatrics (0–18 Years) and adults (19–35 Years). Geographically, it is analyzed across India, Bangladesh, China, Indonesia, Pakistan, Brazil, Japan, South Africa, Mexico, Thailand, Kenya, Colombia, Argentina, Singapore, Chile, and rest of the world. Market size and forecast for each segment is provided in the research.
The study offers comprehensive analysis of key manufacturers operating in the global BCG vaccine industry. Insights on company overview, business performance, and business segments of each player are outlined in the study. Key strategies and developments are also mentioned in the research. Market players analyzed in the study are Merck & Co., Inc., Sanofi Pasteur, Japan BCG Laboratory, China National Biotec Group, Serum Institute of India Pvt. Ltd., InterVax Ltd., GreenSignal Bio Pharma Limited (GSBPL), and Statens Serum Institute. These insights are helpful in identifying competitiveness intensity and steps to be adopted to gain stronghold in the industry.

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