The North America travel vaccines market size reached US$ 1.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.6% during 2023-2028.
Vaccines are defined as biological preparations that protect the human body against severe and potentially deadly diseases. They generally consist of an agent made from the surface protein, toxins, weakened or killed forms of the disease-causing microorganisms. Vaccination enables the body to produce antibodies, which provide a shield in case the person is exposed to the disease. For travel vaccines, also known as travel immunizations, travelers are vaccinated 4 to 6 weeks before the journey. These can be differentiated between recommended and required vaccines. Wherein, required vaccines are essential for the individual to get before entering a country. However, recommended vaccines are those which the traveler may need because of a potential infection threat in the country or a part of that country. Some of the most common vaccine-preventable, travel-related diseases include influenza, meningitis, rabies, tick-borne encephalitis, polio, diphtheria, tetanus, pertussis, etc.
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North America travel vaccines market is currently being driven by several factors. One of the key factors driving the demand of travel vaccines is their ability to prevent the risk of disease epidemic. Moreover, vaccination provides immunity to individuals, travelling to places where there is a high risk of exposure or contracting a specific disease. As a result, governments in the region have mandated vaccination before visiting certain destinations with a high prevalence of infectious diseases. Other factors driving the demand of travel vaccines in the region include rising number of travelers, government initiatives, technological advancements such as combination vaccines and needle free techniques, etc.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America travel vaccines market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on composition and disease.
Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by Composition
Mono Vaccines
Combination Vaccines
Market by Disease
Hepatitis A
DPT
Yellow Fever
Typhoid
Hepatitis B
Measles and Mumps
Rabies
Meningococcal
Varicella
Japanese Encephalitis
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Report Coverage:
Report Features
Details
Base Year of the Analysis
2022
Historical Period
2017-2022
Forecast Period
2023-2028
Units
US$ Billion
Segment Coverage
Composition, Disease, Country
Countries Covered
United States, Canada, Mexico
Customization Scope
10% Free Customization
Report Price and Purchase Option
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Key Questions Answered in This Report
The North America travel vaccines market was valued at US$ 1.8 Billion in 2022.
We expect the North America travel vaccines market to exhibit a CAGR of 6.6% during 2023-2028.
The high prevalence of travel-related diseases, such as influenza, meningitis, tick-borne encephalitis,
etc., is primarily driving the North America travel vaccines market.
The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of novel coronavirus
vaccine as a mandate travel requirement for international travelers in North America to avoid the risk of
infection.
Based on the composition, the North America travel vaccines market has been segmented into mono vaccines and combination vaccines. Currently, combination vaccines hold the majority of the total
market share.
Based on the disease, the North America travel vaccines market can be divided into hepatitis A, DPT,
yellow fever, typhoid, hepatitis B, measles and mumps, rabies, meningococcal, varicella, Japanese encephalitis, and others. Among these, hepatitis A currently represents the largest market share.
On a regional level, the market has been classified into United States, Canada, and Mexico, where the
United States currently dominates the North American market.
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