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The global JE (Japanese encephalitis) vaccine market was estimated to value at USD 215.15 million in 2023. It is expected to grow at a CAGR of 5.5% during the forecast period of 2024-2032 to reach a value of USD 348.34 million in 2032.
The increasing mosquito nuisance, rising awareness, and the growing investment in the healthcare sector by the governments across the nations are some of the significant factors contributing to the growth of the global JE (Japanese encephalitis) vaccine market.
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Japanese encephalitis (JE) vaccine is an inactivated vaccine that provides protection against Japanese encephalitis, an infection of the brain caused by the Japanese encephalitis virus (JEV), generally spread by mosquitoes.
The global JE (Japanese encephalitis) vaccine industry can be broadly categorised based on segments like types, distribution channels, and regions.
The EMR report looks into the regional markets of global JE (Japanese encephalitis) vaccine market like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The increase in the prevalence and incidence of Japanese encephalitis disease is driving the demand for global JE (Japanese encephalitis) vaccines globally. With the growing trend of routine immunisation or vaccination, the industry is witnessing a strong demand for global JE (Japanese encephalitis) vaccines. Further, the inclusion of Japanese encephalitis vaccination in national immunisation programmes by the governments across the nation is expected to be one of the significant growth drivers for the industry over the forecast period. The growing investment in R&D of these vaccines is aiding the industry growth. Within the Asia Pacific, China and India are at high risk of Japanese encephalitis. Thus, the governments of these countries are carrying out mass vaccinations, providing a further impetus to the industry. However, the lack of awareness may hamper the industry growth over the forecast period.
The report presents a detailed analysis of the following key players in the global JE (Japanese encephalitis) vaccine market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Distribution Channel |
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Breakup by Region |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 5.5% between 2024 and 2032.
The major drivers of the market, such as a rise in incidences of Japanese encephalitis disease, increasing health awareness, rising demand from the developing regions, increased government investments in the medical sector, and the growing technological advancements, are expected to aid the market growth.
The key market trends guiding the growth of the market include the growing R&D activities, growing demand for routine immunisation, and initiation of national immunisation programmes by the governments across several nations.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Inactivated, recombinant, and live attenuated vaccines are the major types of the product in the market.
The leading distribution channels in the market include hospitals, retail, and online.
The major players in the market are Valneva SE, Sanofi, Bharat Biotech International Limited, Chengdu Institute of Biological Products Co. Ltd., among others.
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