PUBLISHER: Market Research Future | PRODUCT CODE: 1691641
PUBLISHER: Market Research Future | PRODUCT CODE: 1691641
Report Information on Middle East & Africa Human Vaccine Market Research by Vaccine Type (Inactivated, Toxoid, Conjugate and Subunit, Recombinant DNA), by Age Group (Pediatrics, and Adults), by Indication (Pneumococcal, Influenza, Hepatitis, DTP, Polio and others), by Route of Administration (Injectable, Oral, and others), by Distribution Channel (Public, and Private) Forecast to 2032
It is anticipated that the Middle East & Africa Human Vaccine Market will experience a compound annual growth rate (CAGR) of 8.80% during the review period. The immune system is stimulated to produce immunity to a specific disease by biological preparations known as human vaccines, which protect individuals from infection and its potentially severe consequences. These vaccines typically contain attenuated or inactivated forms of pathogens (such as viruses or bacteria), their toxins, or surface proteins, which elicit an immune response without causing the disease.
The rise in disease burden and epidemic outbreaks, as well as the growing awareness of the significance of vaccination in the prevention of infectious diseases, are driving the expansion of the human vaccine market in the Middle East and Africa. In addition, the market will develop development opportunities in the future as a result of the growing funding and investment in expansion.
The Middle East & Africa Human Vaccine Market has been segmented into the following categories: Inactivated, Toxoid, Conjugate and Subunit, and Recombinant DNA.This organization is based on the type of vaccine.
The Middle East & Africa Human Vaccine Market has been separated into two segments: Pediatrics and Adults, based on age. The Pediatrics segment was the largest market in 2023 and the fastest-growing segment during the forecast period.
The Middle East & Africa Human Vaccine Market has been segmented into Pneumococcal, Influenza, Hepatitis, DTP, Polio, and other categories based on indication.
The Middle East & Africa Human Vaccine Market has been segmented into Injectable, Oral, and Other based on Route of Administration.
The Middle East & Africa Human Vaccine Market has been segmented into Public and Private based on the Distribution Channel.
In 2023, the Middle East Human Vaccine Market was valued at USD Egypt million. The Middle East is further divided into the following segments: the UAE, Saudi Arabia, Israel, Kuwait, Oman, Qatar, Egypt, Bahrain, and the Rest of the Middle East.
The human vaccine market in the Middle East is poised for substantial development, as a result of the growing awareness of the significance of vaccination, rising healthcare expenditure, and heightened governmental support for vaccination. In April 2024, the Kingdom of Saudi Arabia committed $500 million over a five-year period to the Global Polio Eradication Initiative (GPEI). The market's expansion is additionally supported by the introduction of new vaccines that target a broader variety of diseases and advancements in vaccine technology. The current trends suggest a transition to personalized vaccines and a heightened investment in research and development to address the emergence of infectious diseases.
The principal participants in the Middle East Human Vaccine Market are Pfizer Inc, Merck & Co., Inc., AstraZeneca, Bharat Biotech, SaudiVax, Biovac, Vacsera, Cipla, GSK Plc, and Sanofi.