Insights on the Rising Demand for BCG Vaccine Worldwide
Monday, 11 March 2024, 18:16
Global BCG Vaccine Market
The global BCG vaccine market is set to witness substantial growth, expanding from USD 104.6 million in 2023 to USD 187.9 million by 2034, at a CAGR of 5.47% during the forecast period (2024-2034).
Market Growth Drivers
- Advancements in Healthcare: Technological innovations and healthcare strategies are enhancing the effectiveness and accessibility of BCG vaccines.
- Global Tuberculosis Burden: The increasing prevalence of tuberculosis worldwide is driving the demand for BCG vaccines across different age groups and applications.
This significant market growth is attributed to the convergence of these factors, presenting opportunities for stakeholders and investors to capitalize on the expanding market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.