Rising government attempts to raise awareness about typhoid vaccinations are projected to boost growth in the global typhoid fever vaccines market. Throughout the projected period, the high frequency of typhoid in various emerging economies is likely to boost the worldwide typhoid fever vaccines market growth. In April 2022, the Ministry of Health and Population, Gavi, the Vaccine Alliance, UNICEF, WHO, and other partners were cooperating on the global typhoid vaccine launch, which included a catch-up campaign aimed at vaccinating all children aged 15 months to 15 years. Lack of healthcare facilities and qualified experts are important factors impeding the growth of the global typhoid fever vaccines market. Moreover, typhoid fever vaccine side effects such as soreness and moderate fever would serve as a restraint for the worldwide typhoid fever vaccines market.
According to Coherent Market Insights, Global Typhoid Fever Vaccines Market is estimated to be valued at US$ 351.4 million in 2022 and is expected to exhibit a CAGR of 12.2% during the forecast period (2022-2030).
Leading Companies in the Typhoid Fever Vaccine Industry:
1. GlaxoSmithKline Plc.
GSK plc, together with its subsidiaries, engages in the research, development and manufacture of vaccines and specialty medicines to prevent and treat disease in the United Kingdom, the United States, and internationally. It operates through four segments: Pharmaceuticals, Pharmaceuticals R&D, Vaccines, and Consumer Healthcare. GSK plc was founded in 1715 and is based in Brentford, the United Kingdom.
2. Sanofi SA
Sanofi, a healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally. It operates through Pharmaceuticals, Vaccines, and Consumer Healthcare segments. . It operates through Pharmaceuticals, Vaccines, and Consumer Healthcare segments. it has a collaboration and license agreement with Exscientia, ABL Bio, Inc., Blackstone Life Sciences, Seagen Inc. Additionally, the company has a collaboration agreement with IGM Biosciences, Inc, Skyhawk Therapeutics, Inc, Amunix Pharmaceuticals, Inc. It also enters in a strategic collaboration with Scribe Therapeutics Inc. and co-promotion service agreement with Provention Bio, Inc. Sanofi was founded in 1973 and is headquartered in Paris, France.
3. Bharat Biotech
Bharat Biotech International Limited, a biotechnology company, engages in the research, development, and manufacture of vaccines and biotherapeutics. Its products include Revac-B+, a recombinant hepatitis-B vaccine; TYPBAR, a vi polysaccharide typhoid vaccine. The company was founded in 1996, headquartered in Andhra Pradesh, India.
4. Bio-Med Pvt. Ltd.
Biomed was set up with medical background as a concrete base of the company about twenty years back. The company was founded in 1989, headquartered in Mumbai, Maahrashtra.
5. PaxVax, Inc.
The company was founded in 2006, headquartered in Redwood City U.S. the company is Developer of oral vaccines against infectious diseases. The company develops a proprietary adenoviral-based technology platform enabling the development of oral vaccines designed to target any viral or bacterial protein antigen and seeking to protect and enhance life by offering specialized products to healthcare providers and governments to address medical needs and emerging health threats. In Aug 9, 2018 Emergent BioSolutions acquired PaxVax
6. Prokarium
The company was founded in 2012, headquartered in England, U.K. Prokarium is a biopharmaceutical company leading the oncology field of microbial immunotherapy The Company’s pipeline is designed to unlock a new generation of immuno-oncology therapeutics by re-engineering evolution into a synthetic biology platform Prokarium’s lead program is focused on transforming the treatment paradigm in bladder cancer by orchestrating immune driven, long lasting antitumor effects
*Definition- Typhoid fever, commonly known as Salmonella typhi or Salmonella enterica serotype Typhi, is a bacterial illness caused by Salmonella typhi. Typhoid fever is mainly caused by consuming contaminated food or water
