UK Travel Vaccine Market Report 2022: Increasing Travel and Tourism & Growing Incidents of Infectious Diseases Fuel Sector – ResearchAndMarkets.com

UK Travel Vaccine Market Report 2022: Increasing Travel and Tourism & Growing Incidents of Infectious Diseases Fuel Sector – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “UK Travel Vaccine Market Forecast to 2028 – COVID-19 Impact and Country Analysis By Product and Application” report has been added to ResearchAndMarkets.com’s providing.

The journey vaccine market is predicted to develop from US$267.56 million in 2021 to US$524.88 million by 2028; it’s estimated to develop at a CAGR of 10.1% from 2022 to 2028.

Travel vaccines, additionally referred to as journey immunizations, are photographs vacationers get earlier than visiting sure areas of the world that assist defend them from creating severe sicknesses. Vaccinations work by exposing the physique to a weakened/lifeless germ or half of a germ of the illness.

These vaccines are really helpful to guard in opposition to endemic ailments to the nation of origin or vacation spot. It is meant to guard vacationers and forestall illness unfold inside or between international locations. In many instances, international locations require proof of vaccination for vacationers wishing to enter or exit the nation.

Traveling and tourism have grow to be an integral half of the human life-style. It has added a change within the ongoing routine of folks and supplied a number of alternatives to discover completely different cultures, traditions, spiritualism, rural and ethnic tourism, and wellness and well being holidays worldwide.

Traveling exterior the nation requires immunization as a security and precautionary measure to keep away from spreading infections. Various international locations have insurance policies to guard their residents from journey-related infections. For occasion, within the UK, National Health Service (NHS) organizes routine immunization or vaccination schedule for its residents. If an individual travels exterior the UK, they have to get vaccinated to forestall infectious ailments comparable to hepatitis A, typhoid, and yellow fever.

With ~40 million guests in 2017, the UK is among the many most effectively-preferred overseas journey locations. Although the UK is famend for its unpredictable climate, the winters and summers are typically temperate, albeit often damp. The UK acknowledges Covaxin as a dependable COVID-19 journey vaccination. This signifies that these immunized with Covaxin, one of the 2 essential COVID-19 vaccines, won’t need to separate themselves as soon as they arrive in England. After experiencing a big annual decline in 2020 as a result of COVID-19 pandemic, Statista reviews that the quantity of overseas vacationers arriving in Europe elevated by ~20% in 2021 in comparison with 2020.

Based on product, the UK journey vaccines market is segmented into hepatitis A, hepatitis B, meningococcal vaccines, and others. The others section holds the most important market share in 2021. However, the meningococcal vaccines section is predicted to register the best CAGR in the course of the forecast interval.

The others section primarily consist of the human papillomavirus vaccine, Zika virus vaccine, DPT (tetanus/diphtheria/pertussis), yellow fever, typhoid, Japanese encephalitis, measles, mumps and rubella, rabies, polio, influenza, varicella and shingles, cholera, and others.

Based on software, the journey vaccine market is segmented into home journey and outbound journey. In 2021, the outbound journey section is more likely to account for the most important share of the market. The marketplace for this section is predicted to develop on the quickest CAGR of 10.4% throughout 2021-2028.

However, the quantity of holidays overseas solely accounted for 15% of the vacation journeys made in 2019. Overall, the quantity of visits overseas from the UK was roughly 19 million in 2021. Spending on journeys overseas by residents of the UK elevated by 12% in 2021 over the earlier 12 months, after dropping sharply in 2020 as a result of pandemic.

Market Dynamics

Market Drivers

  • Increasing Travel and Tourism

  • Growing Incidences of Infectious Diseases

Market Restraints

  • High Cost of Travel Vaccines

Market Opportunities

  • Awareness Regarding Vaccines

Future Trends

  • Never-ending Demand for Vaccines

Key Topics Covered:

1. Introduction

2. Travel Vaccines Market – Key Takeaways

3. Research Methodology

4. Travel Vaccines Market – Market Landscape

5. UK Travel Vaccine Market – Key Market Dynamics

6. Travel Vaccines Market – UK Analysis

7. UK Travel Vaccine Market Revenue and Forecasts To 2028 – Product

8. UK Travel Vaccine Market Revenue and Forecasts To 2028 – Application

9. Travel Vaccines Market Analysis – By Country

10. Impact Of COVID-19 Pandemic on UK Travel Vaccine Market

11. UK Travel Vaccine Market-Industry Landscape

12. Company Profiles

13. Appendix

Companies Mentioned

  • GlaxoSmithKline plc.

  • Merck & Co., Inc.

  • Sanofi

  • Novartis AG

  • Pfizer Inc.

  • Dynavax Technologies

  • Emergent BioSolutions Inc.

  • Abbott

  • Valneva SE

  • SEQIRUS

For extra details about this report go to https://www.researchandmarkets.com/r/6unbvt

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