Global Brucellosis Vaccine Market to Register CAGR of 4% during Forecast Period, Observes TMR Study

ALBANY, N.Y., Jan. 5, 2022 /PRNewswire/ -- Transparency Market Research: The global brucellosis vaccine market was valued at US$ 253.1 Mn in 2020 and is expected to reach US$ 387.4 Mn by 2031, at a CAGR of 4% during the forecast period, from 2021 to 2031.The sale in brucellosis vaccine market is fuelled by increasing incidences of brucellosis and growing government spending. There are several types of brucellosis vaccines available such as S19 vaccine and RB51 vaccine.

The growth of the animal healthcare industry is significantly influenced by government efforts. The veterinary healthcare industry in China is likely to be driven by factors such as its mandatory immunization policy, availability of inexpensive veterinary vaccines, public awareness campaigns, and funding for R&D.

Request Brochure of Brucellosis Vaccine Market Research Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=34439 

Livestock diseases are rising as a result of climate change and globalization. Some of these infections can even spread to humans. As per the IFAH Europe, rise in global temperatures can cause appearance of new diseases and assist in the re-emergence of previous ones. Most of the human zoonotic illnesses are spread through animals. Zoonotic illnesses areresponsible for nearly 61% of all animal diseases.

In 2020, Asia Pacific led the global brucellosis vaccine market; this trend is expected to continue during the forecast period. The market in Asia Pacific is likely to grow due to increase in animal population, introduction of new products, and high prevalence rate of brucellosis. 

Request for Analysis of COVID-19 Impact on Brucellosis Vaccine Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=34439 

Key Findings of Market Report

• The global market is expected to be driven by increase in the prevalence of brucellosis incidents in Mexico, Brazil, India, and other countries. Human brucellosis has a significant global burden. Every year, about 500,000 humans are infected by animals across the globe.
• Companies are taking advantage of profitable growth prospects in India, where the Animal Husbandry Department in Yadgir, Government of Karnataka,India, plans to vaccinate buffalo and cattle calves against brucellosis disease as part of the National Animal Disease Control Programme (NADCP)

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough, Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=34439

• In 2020, the global brucellosis vaccine market was led by the RB51 vaccine segment, and this trend is likely to continue during the forecast period. The RB51 vaccine is widely used brucellosis vaccine. Even though it is considered safe at lower dosages during pregnancy, pregnant cows vaccinated with strain RB51 have quite a low abortion risk (less than 0.2 %).
• In terms of sales, the DNA vaccine category dominated the global brucellosis vaccine market in 2020, and this trend is expected to persist during the forecast period. DNA vaccination offers a novel as well as effective approach for the development of brucellosis vaccines, with various benefits such as production simplicity, design flexibility, and speed.

Brucellosis Vaccine Market: Growth Drivers

• The global brucellosis vaccine market is expected to be driven by rise in the burden of brucellosis and growth in public awareness
• Companies are developing brucellosis vaccines that can be well-tolerated in people.They are improving manufacturing technology and conducting clinical trials. This factor is expected to boost sales opportunities in the global market.

Buy Brucellosis Vaccine Market Report – https://www.transparencymarketresearch.com/checkout.php?rep_id=34439&ltype=S 

Brucellosis Vaccine Market: Key Competitors

Some of the key market players are

• Veterinary Technologies Corporation
• Ceva Santé Animale
• Indian Immunologicals Ltd
• Jordan Bio-industries Center
• Colorado Serum Company
• Fivet Animal Health

Brucellosis Vaccine Market: Segmentation

Type

• RB51 Vaccine
• S19 Vaccine

Vaccine Type

• DNA Vaccine
• Subunit Vaccine
• Vector Vaccine
• Recombinant Vaccine

Application

• Cattle
• Sheep & Goat

Distribution Channel

• Veterinary Hospitals & Clinics
• Retail Channels

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:

Health and Wellness Market: The health and wellness market is projected to surpass US$ 6.94 Trn by 2031. However, challenges pertaining to the integration of Big Data, ICT solutions, and shaping of sustainable healthcare are influencing the growth rate of the market.

Sepsis Treatment Market: The global sepsis treatment market is expected to reach US$ 1.6 Bn by the end of 2031. The high number of sepsis patients in the U.S. is creating stable revenue streams for stakeholders.

Radiation Dermatitis Market: The radiation dermatitis market is expected to reach a valuation of ~US$ 700 Mn by the end of 2030. Manufacturers are boosting their output capacities in wound dressings that are highly elastic and flexible in nature.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact

Mr. Rohit Bhisey

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Browse PR - https://www.transparencymarketresearch.com/pressrelease/brucellosis-vaccines-market.htm 

SOURCE Transparency Market Research