Global Diphtheria, Pertussis, and Tetanus (DTP) Vaccine Market Size, Share, Forecast Report, 2020-2027

The diphtheria, pertussis, and tetanus (DTP) vaccine market was valued at $ 4,758.8 million in 2019, and is expected to reach $ 7,054.4million by 2027, with a CAGR of 5.1%, during the forecast period.

DTP refers to diphtheria, tetanus, and pertussis. Vaccines used for DTP are immunization drugs initially administered at the age of two to produce acquired immunity against DTP (Diphtheria, Tetanus, and Pertussis). Since 1974, DTP vaccines have been part of the Expanded Programme of Immunisation (EPI) vaccination schedule. DTP as a standalone vaccine has been declined substantially. Rise in demand for tetravalent and subsequently pentavalent combination vaccines has principally contributed to this shift. The increased combination product demand has largely been led by GAVI (Global Alliance for Vaccines and Immunizations) funding for other DTP-containing vaccines.
With high DTP vaccination rates of 86%, globally in 2018, the incidences of diphtheria and tetanus have been well controlled. However, the disease continues to cause illness globally. According to the Centre for Disease control and prevention, in 2016, reported about 7,100 cases of diphtheria and 1248 cases of pertussis to the World Health Organization globally. Owing to the rise in number of cases during late spring and early summer further drives the DTP vaccine market demand for DTP vaccines, especially for advanced vaccines.

Growth in government and non-government initiatives for vaccine development, coupled with surge in awareness among people regarding these vaccines boosts the DTP vaccine market growth. However, high cost of vaccine development and inadequate access to vaccines in under developed countries restrict the market growth. Moreover, emerging markets offer lucrative opportunities for the key market players.

Product segment review
On the basis of product, the market is categorized into DTaP, TD, and Tdap. The DTaP segment dominated the global DTP vaccine market in 2019, and is anticipated to continue this trend during the forecast period. The key factors such as rise in demand for DTaP vaccines and growth in adoption of pertussis vaccines around the globe drives the growth of this segment. The WHO suggests that inoculation helps in preventing 2 to 3 million deaths every year against tetanus, diphtheria, whooping cough, and measles. Only few cases of respiratory diphtheria were reported by the CDC from 1996 to 2016, post the introduction of vaccines. However, inadequately vaccinated or unvaccinated travelers are at more risk of acquiring infections. Thus, governments globally have made it mandatory to immunize travelers visiting countries with infectious diseases to prevent further spread of infectious agents. Likewise, as per the stats provided in 2015 by the WHO, approximately 85% infants received three doses of DTaP vaccine across the globe. Rise in adoption of pertussis vaccine, high birth rates, growth in initiatives taken by governments, and insurance and reimbursement scenarios in different countries provided by governments drive the DTaP vaccines market growth globally.
Age Group segment review
On the basis of age group, the DTP vaccines market is segmented into pediatrics vaccines and adult vaccines. Vaccines for adults are likely to show high growth potential due to rise in incidences of infectious diseases among adults. In addition, growth in research and development and strong product pipeline is also likely to increase the growth of the segment during the forecast period. However, the pediatrics segment dominated the market due to high demand of DTP vaccine among infants. The potential size of pediatrics vaccines segment is based on the facts that birthrate is increasing globally, which boosts the doses for pediatrics vaccines and as per the WHO norms infants worldwide have to receive 3 doses of DTP vaccine necessarily to cope with the life threatening diseases.
Region segment review
By region, the diphtheria, pertussis, and tetanus (DTP) vaccine market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the market in 2019, accounting for the highest share, and is anticipated to maintain this trend throughout the forecast period. Asia-Pacific is expected to witness highest growth rate for the DTP vaccine market throughout the forecast period. Increase in demand for DTP vaccines, growth in awareness of newer technologies and rise in population awareness are prime factors that supplement the adoption of DTP vaccine
The report provides a comprehensive analysis of the key players operating in the global DTP Vaccine market, namely AJ Vaccines, Bionet-Asia, GlaxoSmithKline plc (GSK), Johnson & Johnson, Massbiologics, Meiji Holdings Co., Ltd. (KM biologics co., Ltd.), Merck & Co., Inc., Panacea Biotec Ltd., Sanofi, and Serum Institute of India Pvt. Ltd.

Key Benefits For Stakeholders

• This report provides a detailed quantitative analysis of the current DTP Vaccine market trends and forecast estimations from 2019 to 2027, which assists to identify the prevailing market opportunities. 

• An in-depth DTP vaccine market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.

• A comprehensive analysis of factors that drive and restrain the growth of the global is provided.

• Region-wise and country-wise market conditions are comprehensively analyzed in this report.

• The projections in this report are made by analyzing the current trends and future market potential from 2020 to 2027, in terms of value.

• An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.

• Key market players within the DTP Vaccine market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of global DTP Vaccine market.

Key Market Segments

By Product Type

• DTaP
• TD
• Tdap

By Age Group

• Adult
• Pediatric

By End User

• Hospitals
• Clinics
• Vaccination Centers

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • Rest of Asia-Pacific
• LAMEA
  • Brazil 
  • South Africa
  • Rest of LAMEA