According to a new report by Expert Market Research titled, “Global JE (Japanese Encephalitis) Vaccine Market Share, Size, Report and Forecast 2024-2032″, the global JE (Japanese encephalitis) vaccine market size is projected to grow at a CAGR of 7.6% between 2024 and 2032. Aided by the increasing mosquito nuisance and growing investment in the healthcare sector, the market is expected to grow significantly by 2032.
Japanese encephalitis is a vector-borne viral disease, primarily transmitted by mosquitoes. While many infected individuals might not exhibit any symptoms, a fraction can develop severe clinical illnesses characterised by inflammation of the brain, which may sometimes lead to death. Given the potential severity of the disease and its considerable fatality rate, JE vaccines play a pivotal role in immunisation efforts, particularly in endemic regions.
One of the significant JE (Japanese encephalitis) vaccine market trends is the increasing emphasis on vaccine research and development. Novel formulations are continually being explored to increase the vaccine’s efficacy, reduce side effects, and improve overall immunogenicity. This continued focus on research and development is vital in ensuring that the vaccines remain effective against evolving strains of the JE virus.
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A substantial driver behind the JE (Japanese encephalitis) vaccine market growth is the proactive stance of governments and international health bodies. Recognising the critical nature of the disease and its potential to cause outbreaks, concerted efforts are being made to ensure that vulnerable populations, especially in Asian countries, have access to these vaccines. Mass vaccination campaigns, often subsidised or free, have been launched in several nations, significantly bolstering vaccine uptake.
As per the JE (Japanese encephalitis) vaccine market analysis, expanding infrastructure and distribution networks are some of the crucial contributors to the market growth. To ensure that the vaccine reaches even the remotest of areas, significant investments have been made into improving cold storage facilities, transportation, and overall distribution channels. Moreover, training healthcare workers to administer the vaccine correctly and educate the public about its importance has been a focal point for many health initiatives.
Moreover, the rising global travel and the resulting potential for disease transmission have bolstered the JE (Japanese encephalitis) vaccine market demand. Travellers from non-endemic regions venturing into areas with prevalent JE cases are recommended to get vaccinated. This proactive approach not only safeguards the individual but also minimises the risk of the disease spreading to areas that remained unaffected by the virus.
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Market Segmentation
The market can be divided based on type, distribution channel, and region.
Market Breakup by Type
• Inactivated
• Recombinant
• Live Attenuated
Market Breakup by Distribution Channel
• Hospitals
• Retail
• Online
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global JE (Japanese encephalitis) vaccine market. Some of the major players explored in the report by Expert Market Research are as follows:
• Valneva SE
• Bharat Biotech International Limited
• Sanofi
• Chengdu Institute of Biological Products Co., Ltd.
• Others
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