Global Dtp Vaccines Market Size 2024, Forecast To 2033

11 Mar, 2024

The dtp vaccines market has exhibited robust growth, with its size expanding from $6.13 billion in 2023 to $6.56 billion in 2024, reflecting a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period is attributed to the increased access to healthcare, sustained protection against infectious diseases, and a growing awareness of immunization. Anticipated to maintain its momentum, the market is projected to reach $8.63 billion in 2028 with a CAGR of 7.1%. Growth drivers in the forecast period include a strong late-stage pipeline, approvals for new drugs, heightened healthcare expenditure, and immunization policies aimed at eradicating endemic diseases. Key trends involve a focus on the development of combination vaccines, substantial investments in research and development activities, the integration of artificial intelligence in vaccine development, and a strategic emphasis on acquisitions.

Global DTP Vaccines Market Key Driver

Governments worldwide are actively promoting the development of DTP vaccines to curb the spread of diseases. Notably, India's Universal Immunization Programme stands out as a comprehensive initiative, providing recommended vaccines for various diseases, including diphtheria, tetanus, and whooping cough. Through regular vaccination drives, India aims to safeguard all its children. These ongoing efforts are anticipated to have a positive impact on the market, fostering its growth in the forecast period. As of 2023, India's commitment to immunization reflects in its market size, and this trend is expected to continue in 2024 and 2028.

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Global DTP Vaccines Market Segments

The dtp vaccines market covered in this report is segmented –
1) By Product type: DTaP, TD, Tdap
2) By Disease: Diphtheria, Pertussis, Tetanus
3) By End-User: Hospitals, Clinics, Vaccination Centers
By Geography:The regions covered in the dtp vaccines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain North America was the largest region in the DTP vaccines market in 2023. The regions covered in the dtp vaccines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major DTP Vaccines Industry Players

GlaxoSmithKline, Sanofi, Merck & Co Inc, Meiji Holdings Co., Ltd, Shenzhen Kangtai Biological Products, Serum Institute of India Pvt Ltd, Sun Pharmaceutical Industries Ltd, AJ Vaccines, PT Bio Farma, Bio Med, Sinergium Biotech SA, Teuto Brasileiro, Amgen, Roche, BioFabri, Sinopharm, Chongqing Zhifei, Hualan Biological Engineering Inc, Ezequiel Dias Foundation (FUNED), BioKangtai, Uniao Quimica, Valneva SE, The Abu Dhabi Health Services Company (SEHA), ImevaX GmbH, Cristalia, Bharat Biotech, Bio-Manguinhos–Institute of Technology on Immunobiologicals, Connaught Laboratories Inc, Biolab Farmaceutica, Massbiologics, Beijing Tiantan Biological Products Co Ltd, Butantan Institute, C.R.I. Kasauli, Bayer, Pfizer, Abbott Laboratories, Serum Institute of India Pvt Ltd, Novartis, Wyeth-Ayerst, Dano Vaccines, Merck Serono Middle East, Hypermarcas, AstraZeneca, Grifols, Sinovac Biotech Ltd, AbbVie Inc, Apotex, GreenSignal Bio Pharma Private Limited (GSBPL), Teva Pharmaceutical Industries Ltd F. Hoffmann-La Roche AG, Boehringer Ingelheim, CanSino Biologics, Gilead Sciences, Panacea Biotec Ltd, Fiocruz, Johnson & Johnson, Walvax biotechnology, BioNTech, EMS Pharma, Mylan, National Administration of Laboratories and Institutes of Health (ANLIS), Zentiva, Afrigen Biologics & Vaccines

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DTP Vaccines Market Overview

Diphtheria, Tetanus, Pertussis (DTP) vaccines refer to a combination vaccine given intramuscularly to protect children under the age of 7 from diphtheria, tetanus, and whooping cough. It aids kids in acquiring resistance to the three bacterial illnesses, diphtheria, tetanus, and pertussis, which are all fatal.

DTP Vaccines Global Market Report 2023 provides data on the global dtp vaccines market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The dtp vaccines market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.