Measles Vaccine Market is Expected to Grow at a CAGR of ~5.1 % by 2023
Market Highlights Measles or rubeola is a contagious viral infection majorly affects the respiratory system. An infected person can release the pathogens into the air when they cough or sneeze. The main symptom of measles is an itchy skin rash. The rash often starts on the head and moves down the body. Other symptoms include: fever, cough, runny nose, and conjunctivitis. Measles is one of the leading causes of death in children. According to the World Health Organization (WHO), in 2014, 114,900 global deaths related to measles was reported and that most of the patients were under the age of 5. Increasing prevalence of the disease and changing lifestyle are the major drivers for the growth of the market. Moreover, increasing prevalence of immunological diseases and increasing government support for research & development have fuelled the market growth. However, high cost of the treatment may hinder the growth of the market over the review period. The global Measles Va...