Cholera Vaccines Market Size, Share, Growth Analysis, By End user(Hospitals, specialty clinics, research and academic laboratories and pharmaceutical and biotechnology companies and others), By Type(Dukoral, Shanchol, Vaxchora, Euvichol), By Region - Industry Forecast 2024-2031

Cholera Vaccines Market Drivers

Unhealthy Lifestyles and Poor Sanitation Issues to Prevail in Cholera

• The development of creative methods to new cholera vaccines, increased awareness of cholera preventative care, and adoption of unhealthy lifestyle habits including poor sanitation and consumption of tainted food are the factors anticipated to propel the growth of the cholera vaccines market. Additionally, a greater focus on immunisation campaigns by the government has fueled the market expansion for cholera vaccines. The global cholera vaccines market, however, may be hindered by the FDA's stricter criteria and longer approval process for new drugs.

• One of the major factors driving the market is the increasing prevalence of cholera due to poor hygiene and sanitation. Furthermore, there is an increase in the use of contaminated water for agriculture and olericulture around the world. This, combined with an increase in consumption of street and fast food due to people's hectic lifestyles, is propelling the market's growth.

Cholera Vaccines Market Restraints

Longer Production Time for Cholera Vaccines may Hamper Growth

• The long development time for vaccines and the presence of stringent regulatory approvals are likely to limit market growth during the forecast period.

• Vaccine production is a time-consuming and expensive process. Furthermore, cholera vaccines may have a number of negative side effects on human health. Simultaneously, regulatory approvals for specific vaccines take a long time. These factors are expected to limit the growth of the cholera vaccine market in the coming years.