Over 70% of Global Dengue Vaccine Revenues Emanating From Asia-Pacific: FMI Report

Thursday, March 30, 2017 Drug News
Email Print This Page Comment bookmark
Font : A-A+

VALLEY COTTAGE, New York, March 30, 2017 /PRNewswire/ --

Burdening occurrence of dengue fever across the Asia-Pacific

region has prompted the demand for effective vaccines and medications to supress this viral malaise. While several pharmaceutical companies are striving to develop a cure for dengue, the fever's incidence rate in Asia-Pacific
is rising at an alarming rate. A recent report published by Future Market Insights predicts that in 2017, an estimated 70.3% of global dengue vaccines market will be dominated by Asia-Pacific. Through 2027, the region will continue to be the largest market for dengue vaccines, procuring a majority revenue share and projecting revenue growth at a 17.4% CAGR.

     (Logo: http://photos.prnewswire.com/prnh/20161020/430874LOGO )

Future Market Insights also observes Latin America as the second-largest market for dengue vaccines, and is expected to rake in US$ 288.7 Mn towards the end of 2027. The report, titled "Dengue Vaccines Market: Global Industry Analysis and Opportunity Assessment, 2017-2027," expects that more and more pharmaceutical giants from across the globe will be partaking in the market's growth in the years to come. Currently, the market is witnessing active participation of French drugmaker, Sanofi S.A., while vaccines being formulated by companies such as Biological E. Limited, Takeda Pharmaceutical Company Limited, GlaxoSmithKline plc, Merck & Co. Inc., Vabiotech, Butantan Institute, and Panacea Biotech Ltd. are under multiple phases of development.

Request a Sample Report with Table of Contents: http://www.futuremarketinsights.com/reports/sample/rep-gb-1763

The report further reveals that government institutes will remain the largest end-users of dengue vaccines in the world. Through 2027, a little less than US$ 650 Mn worth of revenues is expected to arise from sales of dengue vaccines across government institutes. Meanwhile, hospitals will also dominate the market by registering a 17.3% revenue CAGR. The market, at present, will witness sales of the sole of vaccine, Dengvaxia, developed by Sanofi. Furthermore, factors shaping up the dynamics of global dengue vaccines market, also compiled in the report, are:

  • Apart from the burdening outbreak of dengue in several countries, the economic turmoil in Latin America is projected to impact the global market's growth at a macroeconomic level
  • Live attenuated vaccines are being developed & produced economically, thereby comforting vaccine makers as well as patients
  • However, lack of skilled professionals and unavailability of optimum diagnostic systems has given rise to cases where dengue fever is being treated as an undistinguished febrile disease
  • The global market for dengue vaccines holds an opportunistic breakthrough when drugmakers will be able to successfully develop effective vaccines for all age group

Preview Analysis on Global Dengue Vaccine Market Segmentation By Product - CYD-TDV (Dengvaxia); By End User - Hospitals, Government Institutes and Non-Governmental Organizations (Ngos): http://www.futuremarketinsights.com/reports/dengue-vaccines-market

On the long run, the global market for dengue vaccines, which is presently valued at close to US$ 250 Mn, will soar vigorously to rake in US$ 1,250.6 Mn revenues by the end of 2027.

More from FMI's Cutting-edge Intelligence: 

  • Proteinase K Market Segmentation By Form - Lyophilized Powder Form and Liquid Form; By Application - Isolation & Purification Of Genomic DNA & RNA, In Situ Hybridization, Mitochondria Isolation and Enzyme Removal; By End User - Contract Research, Organization, Academic Institutes, Biotechnology, Companies and Diagnostic Laboratories: http://www.futuremarketinsights.com/reports/proteinase-k-market
  • Special Purpose Needles Market Segmentation By Product Type - Fine Aspirating Needles, Biopsy Needles, Hypodermic Needles, Pen Needles, Suture Needles, and Others; By Application - Sample Collection, Drug Delivery; By Distribution Channel - Hospital Pharmacies, Private Clinics, Retail Pharmacies and Drug Stores, E-Commerce: http://www.futuremarketinsights.com/reports/special-purpose-needles-market
  • Pharmacy Automation Systems Market Segmentation By Product - Medication Dispensing Cabinets, Packaging and Labelling System, IV Pharmacy, Robotic Dispensing System, Carousel Storage Systems and Tablet Splitters; By Application - Drug Dispensing & Packaging, Drug Storage and Inventory Management; By End-User - Hospital Pharmacies, Clinic Pharmacies, Retail Pharmacies, Mail Order Pharmacies and Pharmaceutical SMEs: http://www.futuremarketinsights.com/reports/global-pharmacy-automation-system-market

About Us 

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Browse More Healthcare, Pharmaceuticals and Medical devices Market Insights

Contact Us 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): + 44 (0) 20 7692 8790 Sales: sales@futuremarketinsights.com Press Office: Press@futuremrketinsights.com

Website: http://www.futuremarketinsights.com

SOURCE Future Market Insights



Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store

Facebook