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Travel Vaccines Market size was valued to be USD 3.8 billion in 2022 and is predicted to experience a sustainable growth of CAGR 9.7% till 2032 due to the increasing travel and tourism that is leading to an increased awareness about vaccine-preventable diseases among travellers. Furthermore, the initiatives being taken by government and other organizations to enhance travel safety are also supporting the progression of industry.
Travel vaccines refers to specialized vaccines that are recommended for individuals willing to travel to destinations where specific infectious diseases pose a heightened risk. These vaccines provide protection against diseases that might not be prevalent in the traveller’s home country but are endemic in the region they intend to visit. Travel vaccines work against numerous diseases such as hepatitis A, hepatitis B influenza, meningococcal, diphtheria pertussis tetanus (DPT), and others. Modern vaccine development techniques, such as recombinant DNA technology and mRNA vaccines technology, have revolutionized the process of creating vaccines. The advances in biotechnology have enabled the creation of tailored vaccines that can be customized to target specific strains or variants of pathogens. This is particularly important for travel vaccines, as disease prevalence and strains can vary by region.
Report Attribute | Details |
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Base Year: | 2022 |
Travel Vaccines Market Size in 2022: | USD 3.8 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 9.7% |
2032 Value Projection: | USD 9.5 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 119 |
Tables, Charts & Figures: | 211 |
Segments covered: | Composition, Disease Type, Application, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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