BCG Vaccine Market : Latest Research Report to Share Market Insights and Dynamics of Profiled Key Players
Seattle, WA -- (SBWIRE) -- 10/23/2019 -- Market Overview:
Bacillus Calmette-Gurin (BCG) vaccine is the only vaccine currently available for prevention of tuberculosis (TB). In countries with high prevalence of tuberculosis, one dose is recommended for healthy babies close to the time of birth. However, in areas where tuberculosis is uncommon, only children at high risk are typically immunized, while suspected cases of tuberculosis are individually tested and treated. Adults not infected with tuberculosis and who have not been previously immunized but are frequently exposed to drug-resistant tuberculosis may be immunized as well.
The factors that drive the global BCG vaccine market include increase in prevalence of tuberculosis, especially in developing and underdeveloped countries, and technological advancement in the field of vaccine research. Moreover, the increase in government initiatives and focus on immunization programs globally further boost the market growth. Untapped market opportunities in developing regions are expected to provide numerous prospects for market development.
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The pediatrics segment held a major share of the BCG vaccine market in 2016, and is expected to maintain its dominance throughout the forecast period. BCG is generally administered to all the infants up to one year of age in countries where BCG vaccination is a part of the national childhood immunization program. In addition, this vaccine can also be given to older children (more than 1 year of age) who have increased risk of developing tuberculosis. It is rarely given above the age of 16, and never administered above the age of 35 as vaccinations are effective only when administered in early stages of life.
Based on products type, the report describes major products type share of regional market. Products mentioned as follows:
Based on Application, the report describes major application share of regional market. Application mentioned as follows:
Based on region, the report describes major regions market by products and application. Regions mentioned as follows:
Middle East & Africa
Leading Key Players:
Merck & Co., Inc., Sanofi Pasteur, Japan BCG Laboratory, China National Biotec Group (a subsidiary of China National Pharmaceutical Group Corporation), Serum Institute of India Pvt. Ltd., InterVax Ltd., GreenSignal Bio Pharma Limited (GSBPL), and Statens Serum Institut.
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