Oral Vaccines Market Research Report and Forecast up to 2025 Oral Vaccines Market - Global Industry Analysis, S | Page 2

By end-user, the global oral vaccines market is split into the following groups:
hospitals, government vaccination programs, clinics, and research institutes. Clinics
and government vaccination programs held major market shares in 2016, which is
attributed to the government participation in the prevention and treatment of
infectious disorders in developing countries and rising investments by key players in
R&D of invention of better and efficient medication. Government vaccination
programs are estimated to remain dominant in the market by 2025 due to the
resistance of the population for existing vaccines and favorable government
reimbursement schemes.
Geographically, the global oral vaccines market is distributed over North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa. North America
captured a prominent market share in 2016 owing to the high purchasing power of
the region’s population to afford costly vaccines and the periodical mass
immunization programs held by the government. The need to avoid the risk of
contamination by needles & syringes and recent USFDA approvals for oral vaccines
for infectious diseases such as tuberculosis & cholera are estimated to propel the
oral vaccines market in North America during the forecast period. However, Asia
Pacific is expected to witness a significant CAGR on account of the rising incidence
of HIV and influenza in developing countries.
Major players operating in the global oral vaccines market include GlaxoSmithKline
Plc., Merck & Co. Inc., Aventis (Sanofi S.A.), Swiss Serum and Vaccine Institute
Berne, QUÍMICA SUIZA S.A., PaxVax Corporation, VALNEVA Canada Inc., Janssen
Pharmaceuticals, Serum Institute of India Pvt. Ltd., and Shanghai BravoBio Co., Ltd.
Presently, a limited number of oral vaccines has been approved by regulatory
authorities for human use and many more are in their later stages of clinical trials.
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