Middle East & Africa Human Vaccine Adjuvants Market
No. of Pages: 109 | Report Code: BMIRE00030455 | Category: Life Sciences
No. of Pages: 109 | Report Code: BMIRE00030455 | Category: Life Sciences
The Middle East & Africa human vaccine adjuvants market was valued at US$ 49.18 million in 2022 and is expected to reach US$ 119.37 million by 2030; it is estimated to register a CAGR of 11.7% from 2022 to 2030. Rising prevalence of chronic diseases Bolsters Middle East & Africa Human Vaccine Adjuvants Market
The rising prevalence of chronic diseases is fueling the demand for vaccine adjuvants. Adjuvants are added to vaccines to enhance the efficacy and body's immune response. They help improve the effectiveness of vaccines by stimulating a stronger and longer-lasting immune response. As the demand for vaccines to prevent and manage chronic diseases continues to grow, the demand for adjuvants also increases. Chronic diseases such as cardiovascular diseases, cancer, diabetes, and respiratory diseases are rising globally. According to the World Health Organization, the most noncommunicable disease-related deaths are cardiovascular diseases, accounting for ~17 million people each year, followed by cancers, chronic respiratory diseases, and diabetes (including deaths associated with the kidney). Furthermore, according to the World Heart Federation, high cholesterol causes 4.4 million deaths yearly, and ?24% of cardiovascular-related deaths are attributable to high low-density lipoprotein (LDL) cholesterol. Thus, the increasing burden of chronic diseases has led to a growing demand for vaccines that can prevent or manage these conditions. The prevalence of hepatitis is also increasing. Adjuvants in hepatitis vaccines aim to elicit robust and durable immunity, particularly in populations with suboptimal responses to standard vaccine formulations, such as those with underlying medical conditions or age-related immune senescence. According to the WHO, more than 350 million people worldwide live with hepatitis B or C. Among all types of hepatitis, several are preventable through vaccination. As per a study by WHO, an estimated 4.5 million premature deaths due to hepatitis could be prevented in low- and middle-income countries by 2030 through vaccination. Thus, the increasing prevalence of chronic diseases drives the growth of the Middle East & Africa human vaccine adjuvants market.Middle East & Africa Human Vaccine Adjuvants Market Overview
Saudi Arabia has planned to localize 40% of the pharmaceutical sector and reduce its import dependence as part of its National Transformation Program. In Saudi Arabia, economic and social changes have led to a shift in sedentary lifestyles, leading to an increasing prevalence of obesity and a projected rise in metabolic syndrome. Furthermore, a lack of disease awareness and knowledge about disease transmission among patients has increased the prevalence of infectious diseases in the country. For instance, according to a study, "Hepatitis B virus infection in Saudi Arabia and the UAE: Public health challenges and their remedial measures," published in PubMed in 2023, Saudi Arabia faces critical challenges in Hepatitis B virus treatment and management even after implementing a mass vaccination program. Similarly, according to a report by ICO/IARC Information Centre on HPV and Cancer in 2023, Saudi Arabia has a population of 10.7 million women aged 15 years and older who are at risk of developing HPV-related cervical cancer. Thus, the increasing prevalence of infectious diseases in the UAE fuels the demand for human vaccine adjuvants. In recent years, the Kingdom of Saudi Arabia has invested substantially in the healthcare and pharmaceutical sectors, aiming to enhance domestic production, research, and development capabilities. This strategic focus has set the stage for potential growth, influencing the Middle East & Africa human vaccine adjuvants market. In Saudi Arabia, the King Fahd Medical City, King Faisal Specialist Hospital & Research Centre, and the Ministry of Health are among the institutions actively involved in advancing healthcare research, including those related to vaccines and adjuvants. Such investment in research facilities and medical infrastructure signals a commitment to contributing to the global vaccine landscape. It is also projected to pave the way for adjuvant research and development advancements.
Middle East & Africa Human Vaccine Adjuvants Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Middle East & Africa Human Vaccine Adjuvants provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Human Vaccine Adjuvants refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Report Attribute
Details
Market size in 2022
US$ 49.18 Million
Market Size by 2030
US$ 119.37 Million
Global CAGR (2022 - 2030)
11.7%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
By Application
By End User
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Get more information on this report Middle East & Africa Human Vaccine Adjuvants Regional Insights
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Middle East & Africa Human Vaccine Adjuvants Market Segmentation
The Middle East & Africa human vaccine adjuvants market is categorized into type, application, end user, and country.
Based on type, the Middle East & Africa human vaccine adjuvants market is segmented particulate adjuvant, emulsion adjuvant, combination adjuvant, and others. The particulate adjuvant segment held the largest market share in 2022.
In terms of application, the Middle East & Africa human vaccine adjuvants market is categorized into influenza, hepatitis, human papilloma virus (HPV), and others. The influenza segment held the largest market share in 2022.
By end user, the Middle East & Africa human vaccine adjuvants market is segmented into pharmaceutical and biotechnology companies, CMOs and CROs, and others. The pharmaceutical and biotechnology companies segment held the largest market share in 2022.
By country, the Middle East & Africa human vaccine adjuvants market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa human vaccine adjuvants market share in 2022.
Novartis AG, CSL Ltd, Seppic SA, Croda International Plc, Novavax Inc, and Phibro Animal Health Corp are some of the leading companies operating in the Middle East & Africa human vaccine adjuvants market.
1. Novartis AG
2. CSL Ltd
3. Seppic SA
4. Croda International Plc
5. Novavax Inc
6. Phibro Animal Health Corp
The Middle East & Africa Human Vaccine Adjuvants Market is valued at US$ 49.18 Million in 2022, it is projected to reach US$ 119.37 Million by 2030.
As per our report Middle East & Africa Human Vaccine Adjuvants Market, the market size is valued at US$ 49.18 Million in 2022, projecting it to reach US$ 119.37 Million by 2030. This translates to a CAGR of approximately 11.7% during the forecast period.
The Middle East & Africa Human Vaccine Adjuvants Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Human Vaccine Adjuvants Market report:
The Middle East & Africa Human Vaccine Adjuvants Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Human Vaccine Adjuvants Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Human Vaccine Adjuvants Market value chain can benefit from the information contained in a comprehensive market report.
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