The Middle East and Africa BCG Vaccine Market size which was around USD XX million in 2018 is expected to grow at a CAGR of X.XX% to reach USD XX million by 2023. The MEA market captures about 8% of the total global market share.
DRIVERS AND RESTRAINTS:
Some of the factors that drive the market forward increase in the prevalence of tuberculosis, especially in developing and underdeveloped countries, and technological advancements in the field of vaccine research. Moreover, various government funds, government initiatives and the focus on immunization programs globally further boost the market growth. However, the side effects of BCG vaccine and a global shortage of this vaccine restrict the market.
REPORT SEGMENTED AS:
- Pediatrics (0-18 years)
- Adults (19-35 years)
By geography, the market is segmented into as the Middle East and Africa, and as per the forecasts and estimates the said market in this region is the least attractive one, and there are less or no chances of witnessing a proper growth rate from this segment of the market.
KEY MARKET PLAYERS:
- Merck & Co. Inc.
- Sanofi Pasteur
- Japan BCG Laboratory
- China National Biotec Group
- Serum Institute of India Pvt. Ltd.
- InterVax Ltd.
- GreenSignalBioPharma Limited
- Statens Serum Institute
THE SCOPE OF THE REPORT:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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