Dengue Vaccine Market – Insights

Dengue fever, also known as breakbone fever, is a mosquito-borne viral infection causing a severe flu-like illness. The condition can lead to a potentially lethal complication called severe dengue. Dengue vaccine is a vaccine used to prevent dengue fever in humans.

Dengue vaccine is only recommended in those who have previously had dengue fever. It is given as three injections over a year.

Statistics:

The global dengue vaccine market is estimated to account for US$ 1,262.0 Mn in terms of value by the end of 2027.

Global Dengue Vaccine Market: Drivers

Increasing prevalence of dengue is expected to propel growth of the global dengue vaccine market over the forecast period. For instance, according to the Pan American Health Organization, a total of 1,191,815 cases of dengue were reported, of which 546,589 were laboratory-confirmed and 5,599 were classified as severe dengue in the region of the Americas, between epidemiological week 1 and 22 of 2019.

Moreover, R&D of live attenuated vaccines is also expected to aid in growth of the market. For instance, in May 2019, the U.S. FDA approved Dengvaxia for the prevention of dengue disease caused by all dengue virus serotypes. It is a live attenuated tetravalent chimeric vaccine made using recombinant DNA technology.

Asia Pacific region held dominant position in the global dengue vaccine market in 2019, accounting for 70.2% share in terms of value, followed by Latin America.

Figure 1. Global Dengue Vaccine Market Share (%), by Region, 2019

Dengue Vaccines  | Coherent Market Insights

Global Dengue Vaccine Market: Restraints

Inability to distinguish dengue fever from other febrile diseases is expected to hinder growth of the market. For instance, the symptoms of mosquito-borne diseases such as Zika, chikungunya virus infection, and dengue fever are very similar, which makes the diagnosis difficult.

Moreover, lack of understanding of the pathophysiology of dengue infection and the lack of specific animal models is expected to hinder growth of the market.

Global Dengue Vaccine Market: Opportunities 

Increasing incidents of dengue in urban areas is expected to offer lucrative growth opportunities for players in the market. For instance, in July 2018, researchers from Center for Information Technology, Bruno Kessler Foundation, Italy, reported that spread of dengue in a non-endemic Brazilian metropolis was similar to a large dengue epidemic in Cairns, Australia, where 95% of transmission events were localized within the city.

Shifts in the age patterns of dengue is also expected to boost growth of the market. For instance, in February 2018, researchers at Taipei Medical University reported that dengue infection rate increases with age and the female population exhibited a higher infection rate if they were older than 40 years.

Dengue Vaccines  | Coherent Market Insights

Government Institutes segment in the global dengue vaccine market was valued at US$ 169.6 Mn in 2019 and is expected to reach US$ 657.6 Mn by 2027 at a CAGR of 18.5% during the forecast period.

Market Trends/Key Takeaways

 Major players in the market are launching their products in emerging markets, instead of opting for developed markets. For instance, Sanofi first introduced Dengvaxia in Philippines.

Countries with high incidence of dengue are introducing mass vaccination programs. For instance, in August 2019, the government of Philippines announced its plan for mass vaccination for dengue after dengue outbreak in the Philippines.

Global Dengue Vaccine Market: Competitive Landscape

Major players operating in the global dengue vaccine market include, Sanofi, Takeda Pharmaceutical Company Limited, GlaxoSmithKline, and Merck & Co.

Global Dengue Vaccine Market: Key Developments

Key players in the market are focused on expanding their geographical presence to enhance their market share. For instance, in January 2020, Takeda Pharmaceutical Company Limited announced plans to market its dengue vaccine in Latin America using Shire plc.’s network.

Major players in the market are also focused on raising funds to expand their product portfolio. For instance, in January 2020, Emergex Vaccines Holdings Ltd. raised US$ 11 million in a series A to fund phase I development of dengue vaccine.

Dengue fever is a mosquito-borne viral infection causing a severe flu-like illness. Dengue vaccine is only recommended in those who have previously had dengue fever. It is given as three injections over a year. Dengue is most likely to affect individual’s tropical and subtropical countries. Increasing prevalence of dengue is expected to propel growth of the global dengue vaccine market over the forecast period.

Key features of the study:

  • This report provides in-depth analysis of the global Dengue Vaccine and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018, as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global Dengue Vaccine based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies, and future plans
  • Key companies covered as a part of this study include Sanofi, Takeda Pharmaceutical Company Limited, GlaxoSmithKline, and Merck & Co.
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global Dengue Vaccine report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the market.

Detailed Segmentation

  • Dengue Vaccine Market, By End User:
    • Hospitals
    • Government Institutes
    • NGOs
  • Dengue Vaccine Market, By Region:
    • Latin America
      • By End User
        • Hospitals
        • Government Institutes
        • NGOs
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Asia Pacific
      • By End User
        • Hospitals
        • Government Institutes
        • NGOs
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By End User
        • Hospitals
        • Government Institutes
        • NGOs
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By End User
        • Hospitals
        • Government Institutes
        • NGOs
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
    • Rest of World
      • By End User
        • Hospitals
        • Government Institutes
        • NGOs
  • Company Profiles
    • Sanofi *
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Strategies
    • Takeda Pharmaceutical Company Limited
    • GlaxoSmithKline
    • Merck & Co.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By End User
      • Market Snippet, By Region
      • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Key Developments
    • Product Approval
    • Regulatory Scenario
  4. Global Dengue Vaccine Market, By End User 2019– 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size, Volume and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Government Institutes
      • Introduction
      • Market Size, Volume and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • NGOs
      • Introduction
      • Market Size, Volume and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
  5. Global Dengue Vaccine Market, By Region, 2019 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017–2026
    • Latin America
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Asia Pacific
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of APAC
    • Middle East
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • South Africa
        • Central Africa
        • North Africa
    • Rest of World
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, 2016 – 2027, (US$ Mn)
  6. Competitive Landscape
    • Company Profiles
      • Sanofi
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Takeda Pharmaceutical Company Limited
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • GlaxoSmithKline
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Merck & Co.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
  7. Section
    • References
    • Research Methodology
    • About us and Sales Contact

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