PUBLISHER: Verified Market Research | PRODUCT CODE: 1735693
PUBLISHER: Verified Market Research | PRODUCT CODE: 1735693
Encephalitis Vaccine Market size was valued at USD 1269.13 Million in 2024 and is projected to reach USD 1875.65 Million by 2032, growing at a CAGR of 5.52% from 2026-2032.
The high mortality and morbidity rate caused due to the incidence of encephalitis virus is an alarming factor that is creating awareness among multiple regions and is driving the market growth. The inititives by various government and easy policies and proper treatment aids are contributing to the growth of the market. The Global Encephalitis Vaccine Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Encephalitis Vaccine Market Definition
Encephalitis virus is a mosquito-borne Flavivirus that can be transmitted from mosquitoes to wading birds, pigs and other vertebrate hosts. This virus can be prevented using Encephalitis vaccines. The incidence rate for the Encephalitis virus is in a general low but can depend on the location and the season. This virus can be prevented using Encephalitis vaccines. As an Encephalitis infected mosquito bite can also be transmitted through humans and most commonly occurs in rural agricultural areas, thus Asia Pacific has witnessed the most number of cases.
Global Encephalitis Vaccine Market Overview
The global market is witnessing expansion at a relatively higher growth rate owing to the high mortality rate caused due to the encephalitis virus. The rise in government initiatives and recommendations to immunize children is also aiding the growth of the market. Factors such as the growing number of campaigns and programs for the improvement in awareness regarding the benefits of these vaccines are acting as an opportunity for the market. These factors, collectively, are projected to increase the demand for Encephalitis Vaccine in the near future.
The Global Encephalitis Vaccine Market is segmented on the basis of Strain, End-User, And Geography.
Based on Strain, The market is bifurcated into Nakayama, Beijing, P-3, SA 14-14-2. The Nakayama segment accounts for the largest share in the encephalitis vaccine market by strain. It is followed by beijing.
Based on End-User, The market is bifurcated into Child and Adult. The Encephalitis is seen in children and the adult population. Comparitively, Adult section regisets more number of individuals that are affected each year.
The "Global Encephalitis Vaccine Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Liaoning Chengda, Valneva, Tiantan Biological Products, Sanofi Pasteur, Chengdu Institute of Biological Products, GlaxoSmithKline plc, Lanzhou Institute of Biological Products, Zhejiang Tianyuan Bio-Pharmaceutical, and Biken. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.