Travel Vaccines Market: Stop the flu before it infects you.
Travel
Vaccines are the first step towards healthy and smart travel. Travel
vaccines provide immunization by decreasing the risk of getting sick while
travelling abroad. Different countries have different diseases prevailing or
existing within the region. Such as tourists travelling to South America and
central countries of Africa must get vaccinated for Yellow Fever. Health
organizations mainly recommend travel vaccines which are especially to tourists
who travel to developing or endemic countries. For example, DUKORAL is a travel
vaccine that protects tourists from Cholera and Diarrhea. These are some common
diseases caused by drinking contaminated water and intake of food while
travelling. Travel vaccine shot recommendations vary from person to person
depending on age, gender, and medical history of the tourist.
The report "Global Travel Vaccines Market, By
Composition (Mono Vaccines and Combination Vaccines), By Disease (Hepatitis A,
DPT, Yellow Fever, Typhoid, Hepatitis B, Measles and Mumps, Rabies,
Meningococcal, Varicella, Japanese Encephalitis, and Others), and By
Region (North America, Europe, Asia Pacific, Latin America, and Middle East
& Africa) - Trends, Analysis and Forecast till 2030”.
Key Highlights:
·
In December
2019, Merck, known as MSD outside the United States and Canada, announced that
the U.S. Food and Drug Administration (FDA) has approved ERVEBO (Ebola Zaire
Vaccine, Live) for the prevention of disease caused by Zaire ebolavirus in
individuals of age 18 years and older.
·
In January
2020, Sanofi proclaimed the successful completion of its acquisition of
Synthorx, Inc. for US$68 per share in cash.
Key Market Insights from the
report:
The market report has been segmented based
on composition, disease, and region.
·
By composition,
combination vaccines currently estimate for the majority of the target market
share as they are given to travellers to protect against multiple diseases.
·
By disease,
hepatitis A accounts for the largest disease, dominating the global market. It
is a viral disease that can be affected due to consumption of contaminated food
and water and can be transmitted through direct contact with an infectious
person.
·
By
region, North America is dominating the
target market, owing to introducing a superior range of travel vaccines by a
large number of companies in the region including a vaccine against varicella.
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The prominent player operating in the global
Travel Vaccines market includes GlaxoSmithKline Pharmaceuticals Limited, Merck
& Co., Inc., Sanofi Pasteur, Novartis AG, CSL Limited, Pfizer Inc.,
ALK-Abelló A/S, Bavarian Nordic A/S, Crucell (Subsidiary of Johnson &
Johnson), AstraZeneca PLC, and Altimmune, Inc.
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