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Tetanus Toxoid Vaccine Market Share

Report ID: GMI8301
Published Date: Feb 2024
Report Format: PDF

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Tetanus Toxoid Vaccine Market Share

The tetanus toxoid vaccine industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products based on different technologies is among a key market strategy. Some of the leading industry players including GlaxoSmithKline, Johnson & Johnson, Merck & Co., Inc among others have a notable presence in the market.

Tetanus Toxoid Vaccine Market Companies

Some of the eminent market participants operating in the tetanus toxoid vaccine industry include:

Bharat Biotech International Limited
Biological E. Limited
Biological Products Institute (BPI) Argentina
Chengdu Institute of Biological Products Co., Ltd.
GlaxoSmithKline
Johnson & Johnson
Merck & Co., Inc.
Mitsubishi Tanabe Pharma Corporation
Panacea Biotec
Pfizer Inc.
Sanofi
Serum Institute of India
Zydus Group

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of tetanus toxoid vaccine reached USD 5 billion in 2023 and is set to cross USD 8.2 billion by 2032, owing to escalating incidence of tetanus and diphtheria in several countries leading to rising demand for vaccines worldwide.

The tetanus, diphtheria, and pertussis (Tdap) segment is poised to register 6.3% CAGR from 2024 to 2032, due to increased government initiatives to control diphtheria, tetanus, and pertussis.

North America market was valued at USD 2 billion in 2023, attributed to favorable regulatory environment coupled with the growing prevalence of tetanus and diphtheria in the region.

Biological E. Limited, GlaxoSmithKline, Johnson & Johnson, Merck & Co., Inc., Mitsubishi Tanabe Pharma Corporation, Panacea Biotec, Pfizer Inc., Sanofi, Serum Institute of India, and Zydus Group, are some of the major tetanus toxoid vaccine companies worldwide.