North America Typhoid Fever Vaccines Market Analysis and Opportunities by 2027
North America Typhoid Fever Vaccines Market Forecast to 2027 - Covid-19 Impact and Regional Analysis by Vaccine Type (Live Attenuated Vaccine, Capsular Polysaccharide Vaccines, Conjugate Vaccine and Others) and Route of administration (Oral and Injectable) and Country
- Status : Published
- Report Code : TIPRE00016291
- Category : Life Sciences
- No. of Pages : 86
- Available Report Formats :
- Last update date : November 18, 2020
2019 Market Size
US$ 89.84 Mn
Base year value
2027 Forecast
US$ 182.71 Mn
Projected by 2027
CAGR 2020-2027
9.6 %
Growth rate
Addressable Market
US$ 1,109.80 Mn
(2020-2027)
The North America typhoid fever vaccines market is expected to reach US$ 182.71 million in 2027 from US$ 89.84 million in 2019. The market is estimated to grow with a CAGR of 9.6% from 2020-2027.
The growth of the market is driven by the factors such as, increase in number of Americans travelling to developing countries. However, risks associated with typhoid fever vaccines likely to have negative impact on the growth of the North America Typhoid Fever Vaccines market in the coming years.
Typhoid vaccination is not recommended on a routine basis; however, it is recommended for people traveling to places where typhoid fever is common. Therefore, an increase in the number of Americans traveling outside the North American region is likely to favor the growth of the market. As per the U.S. Commerce Department’s National Travel and Tourism Office, the number of U.S. citizens traveling outside the country for business and tourism increased by 6% in 2019, reaching a total of 93 million.
Furthermore, typhoid is more prevalent in Asian countries; as per the data by National Travel & Tourism Office, in 2019, around 7,886 thousand people traveled to Asia for business and leisure, which is a 5% increase than in 2018. Thus, an increasing number of US travelers to Asian countries is likely to demand typhoid vaccination.
Furthermore, North America is witnessing the growing number of COVID-19 cases, for instance, in the United States the number of cases has been increased to 1,895,507 with 108,79 deaths reported. Additionally, Mexico and Canada cases are also growing. Due to coronavirus spreading, many cities are shutting down causing treatments and doctor’s appointment cancellation. Supply chain disruptions associated with this pandemic situation will ultimately affect the sales of products for short period. Also, stay-at-home and shelter-in-place orders have resulted in decreased outpatient pediatric visits and fewer vaccine doses were administered, leaving children at risk for vaccine-preventable diseases. Therefore, it is likely to affect typhoid fever vaccines s market owing to above mention points.
Mexico Typhoid Fever Vaccines Market Revenue and Forecast to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
North America Typhoid Fever Vaccines – Market Segmentation
By Vaccine Type
- Live Attenuated Vaccine
- Capsular Polysaccharide Vaccines
- Conjugate Vaccine
- Others
By Route of Administration
- Oral
- Injectable
By Country
- US
- Canada
- Mexico
Company Profiles
- Sanofi
- GlaxoSmithKline plc
- Paxvax Inc
- Prokarium Ltd
- Scandinavian Biopharma
North America Typhoid Fever Vaccines Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 89.84 Million |
| Market Size by 2027 | US$ 182.71 Million |
| CAGR (2020 - 2027) | 9.6% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Vaccine Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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