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Dengue Vaccine Market Worth $400 million with 42% CAGR 2015 to 2020
Date:7/17/2014

span>Brazil will be stymied by the arrival of a domestically-produced, live-attenuated dengue vaccine, TV-003, which GlobalData expects to seize substantial market share from Big Pharma-manufactured vaccines due to its lower price per dose.

Researcher anticipates that the superior clinical and commercial positioning of live-attenuated dengue vaccines, led by Sanofi's CYD-TDV and Takeda's DENVax, will facilitate their market dominance, with sales of these products across the 5MM projected to reach $166 million, a 42% market share, and $148 million (37%), respectively, by 2020.

Key Findings:

  • Researcher projects the dengue vaccine market in Brazil, India, Mexico, Singapore, and Thailand to grow from $69.6m in 2015 to $398.6m in 2020, at a compound annual growth rate (CAGR) of 41.8%. This rapid growth will be due to the expected incorporation of newly-launched dengue vaccines into routine immunization programs.
  • KOLs interviewed by GlobalData expect the live-attenuated dengue vaccines – led by Sanofi Pasteur's CTD-TDV and Takeda's DENVax – to dominate the marketplace for the duration of the forecast period.
  • Researcher anticipates that firms will increasingly turn to innovative R&D strategies, in particular the exploration of alternative approaches to early-stage clinical trial design – such as the dengue human infection model (DHIM) – in order to increase developmental efficiency, minimize upfront risk, and gain a competitive advantage over rivals.
  • Domestically-supplied vaccines, most notably Butantan Institute's TV-003 in Brazil and Panacea Biotech's/Biological E's TV-003 in India, are projected to limit market growth due to their low price relativ
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