GLOBAL CHOLERA VACCINES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Global Cholera Vaccines Market, By Product Type (Vaxchora, Dukoral, ShanChol, Euvichol-Plus/Euvichol, Others), By Vaccine Type (Killed Whole-cell and Recombinant Cholera Toxin B Vaccine, Killed Whole-cell Only Vaccines, Live Attenuated Oral Cholera, Vaccine), By Patient Type (Pediatric, Adults), By Distribution Channel (Public, Private), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
The global cholera vaccines market was valued US$ 82.5 Mn in 2023 and is expected to reach US$ 204.6 Mn by 2031, growing at a compound annual growth rate (CAGR) of 12% from 2024 to 2031.
Global Cholera Vaccines Market – Trends
Growth in research funding and grants: Increasing adoption of inorganic growth strategies such as funding and grants is expected to drive the global cholera vaccines market over the forecast period.For instance,on January 25, 2023, the International Federation of Red Cross’s (IFRC) Disaster Response Emergency Fund approved a grant of nearly 500,000 Swiss francs to help the Mozambique Red Cross address a cholera outbreak that is affecting five provinces. The Red Cross is part of Mozambique’s national disaster management structure and the inter-agency humanitarian country team.
Global Cholera Vaccines Market – Trends
Growth in research funding and grants: Increasing adoption of inorganic growth strategies such as funding and grants is expected to drive the global cholera vaccines market over the forecast period.For instance,on January 25, 2023, the International Federation of Red Cross’s (IFRC) Disaster Response Emergency Fund approved a grant of nearly 500,000 Swiss francs to help the Mozambique Red Cross address a cholera outbreak that is affecting five provinces. The Red Cross is part of Mozambique’s national disaster management structure and the inter-agency humanitarian country team.