A dengue vaccine is a biological preparation designed to protect individuals against dengue fever, a viral infection caused by the dengue virus (DENV). This virus is transmitted primarily through the bite of infected Aedes mosquitoes, especially Aedes aegypti. Dengue fever causes a range of symptoms, from mild flu-like illness to severe complications such as dengue hemorrhagic fever and dengue shock syndrome, which can be life-threatening.
The dengue vaccine market consists of sales by entities (organizations, sole traders and partnerships) of dengue vaccine that focuses on providing solutions to mitigate the severe health risks associated with the disease, which can range from flu-like symptoms to life-threatening complications like dengue hemorrhagic fever and dengue shock syndrome.
The global dengue vaccine market was valued at $2.60 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 174.00%.
Rising Dengue Incidence
The rising dengue incidence supported the growth of the dengue vaccine market during the historic period. With the surge in dengue cases, governments, healthcare organizations and individuals are prioritizing effective prevention strategies. Vaccination emerges as a pivotal solution in managing dengue outbreaks, particularly in regions prone to mosquito-borne diseases. These outbreaks often result in substantial healthcare expenses and economic disruptions, driven by hospitalizations, medical care and decreased workforce productivity. Consequently, stakeholders recognize vaccination as a cost-efficient approach to mitigating the overall impact of the disease. For instance, in May 2024, according to the World Health Organization, a Switzerland-based intergovernmental organization, in the American region, dengue cases surpassed 7 million in April 2024, a significant increase from the 4.6 million cases recorded in 2023. Therefore, the rising dengue incidence drove the growth of the dengue vaccine market.
Investment In Novel Dengue Treatment Solutions To Address Rising Global Incidence
Major companies operating in the dengue vaccine market are focusing on strategic investments to expand their product portfolios, enhance vaccine efficacy and improve global access. Strategic investments drive the growth of the dengue vaccine market by boosting funding for research and development, allowing manufacturers to develop more efficient and advanced vaccines. For instance, in October 2023, Codagenix Inc., a US-based clinical-stage biotechnology company focused on developing vaccines received an award of $5.88 million from U.S. Department of Defense (DoD) to further develop its dengue vaccine candidate, CodaVax-DENV. The funding will support the initiation of a first-in-human Phase 1 trial, which will evaluate the vaccine's safety and immunogenicity. This initiative aligns with a broader strategy to combat dengue fever, a significant health threat, particularly for military personnel deployed in endemic regions.
The global dengue vaccine market is highly concentrated, with few players operating in the market. The top ten competitors in the market made up to 100.0% of the total market in 2023.
Dengue Vaccine Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global dengue vaccine market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for dengue vaccine? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The dengue vaccine market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider dengue vaccine market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by route of administration and by end user.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario - The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the dengue vaccine market.
- Global Market Size And Growth - Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis - Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by type, by route of administration and by end user in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for dengue vaccine market providers in terms of product/service offerings geographic expansion, marketing strategies and target groups next five years.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Type: Live Attenuated Vaccine; Inactivated Vaccine; Subunit Vaccine; Nucleic Acid-Based Vaccine
- 2) By Route Of Administration: Oral; Parenteral; Other Routes Of Administration
- 3) By End User: Hospitals; Clinics; Government Institutes; Non-Governmental Organizations; Other End-Users
- Companies Mentioned: Takeda Pharmaceutical Company Limited; Sanofi SA; GlaxoSmithKline plc; Merck & Co. Inc.; Panacea Biotec Ltd.
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; dengue vaccine indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.