The Zambia cholera vaccines market comprises oral live attenuated vaccine (CVD 103-HgR) and oral killed bivalent vaccine (Shanchol). Cholera vaccines help in providing protection against cholera disease and are administered to both children and adults. The vaccines have proven to be effective, safe, and offer long lasting protection against cholera.
The Global Zambia cholera vaccines market is estimated to be valued at US$ 1.47 Mn in 2024 and is expected to exhibit a CAGR of 14% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Zambia cholera vaccines market are Biovac Inc., Valneva SE., EMERGENT, Astellas Pharma Inc, Sanofi, EUBIOLOGICS CO., LTD,Johnson & Johnson Services Inc., Celldex Therapeutics. Zambia being one of the countries with high prevalence of cholera disease presents lucrative growth opportunities for manufacturers in the market. Advances in vaccine production technologies help in developing more effective vaccines with enhanced thermal stability and longer shelf life.
Technological advancements in vaccine production such as reverse vaccinology and development of genetically engineered vaccines are expected to drive the market growth during the forecast period.
Market Drivers
Rising prevalence of Zambia Cholera Vaccines Market Demand due to lack of safe drinking water and sanitation in the country is a key factor augmenting the demand for cholera vaccines in Zambia. As per the data provided by WHO, nearly 9125 cholera cases were reported in Zambia in 2020 alone. Growing awareness regarding benefits of cholera vaccines in providing effective protection against the disease also spurs the market growth. Various initiatives by government and NGOs to provide immunization against cholera especially in high epidemic prone areas further propels the market expansion.
Challenges in Zambia Cholera Vaccines Market
The Zambia cholera vaccines market faces several challenges in addressing the disease burden and ensuring vaccination coverage. Some of the key challenges are lack of adequate health infrastructure in rural areas, poor sanitation and hygiene standards, limited access to clean drinking water, increased mobility and migration, and low risk perception among the population. As per WHO data, in 2019, over 3,000 suspected cholera cases and 14 deaths were reported in Zambia, which calls for urgent measures to boost prevention efforts through vaccination.
SWOT Analysis
Strength: The growing disease burden and recurrent outbreaks have increased awareness and priority given to cholera control. Government programs aim to ensure coordinated response and vaccination activities.
Weakness: Financial constraints limit investments in expanding health facilities and cold chain infrastructure essential for vaccine delivery. Shortage of trained healthcare workers hampers last-mile access in remote areas.
Opportunity: Potential partnerships with global organizations and funding support for disease control creates scope for capacity building and vaccine introduction. Unmet needs present scope for market players to boost R&D and local production.
Threats: Natural disasters and climate change impacting water and sanitation increase outbreak risks. Conflicts and instability in neighboring regions can fuel cross-border spread.
Geographical Regions
In terms of value, the Southern region accounts for over 45% share of the Zambia cholera vaccines market due to its high population density and presence of major cities including Lusaka. However, the Eastern region is witnessing the fastest value growth at an estimated CAGR of around 16% during the forecast period. Factors such as rise in migrant labor, proximity to Lake Tanganyika and cross-border risks are fueling prevention initiatives and vaccination activities in this region.
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Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
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