Development of New Dengue Vaccines is Likely to Propel the Growth of Dengue Vaccine Market in Future, According to Research Nester
The global dengue vaccine market is segmented into end-user type such as government institutions and private institutions. Among these segments, government institutions segment is expected to occupy the top position in the market during the forecast period. The rise of the government institution segment is backed by favorable government initiatives and programs to provide dengue vaccines to the population at affordable price. Further, increasing number of patients suffering from dengue infection and improving healthcare infrastructure are major factors which are escalating the growth of dengue vaccine market across the globe. Global dengue vaccine market is expected to register a CAGR of 42% over the forecast period. Moreover, the global dengue vaccine market was valued at USD 70 Million in 2015 and is expected to reach at notable revenue of USD 399 Million by the end of 2020. The market is expected to expand on the back of favorable government initiatives and increasing prevalence...