Press release
Pneumonia Vaccines Market brief analysis On Top Key Players like Pfizer, Merck and Glaxo Smith Kline
Pneumonia Vaccines
The growing occurrences of chronic obstructive pulmonary disease (COPD), chronic heart diseases, and diabetes mellitus will propel pneumonia vaccines market growth through the estimated time period. Patients affected by chronic diseases carry a high chance of catching a pneumococcal disease owing to reduced clearance of bacteria resulting in high risk of infections further impelling industry growth.
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Pneumonia Vaccines Market Report – Quick Rundown:
Vendors discussed with company profiles, details on their offerings, contact information and more include:
Pfizer, Merck and Glaxo Smith Kline
In terms of regional growth, U.S. encountered 28,000 casualties and 2,900 occurred due to invasive pneumococcal diseases (IPD) in 2014. Hence, the country?s pneumonia vaccines market is estimated to witness great profits on account of increased IPD rates leading to rising diseases in the US. The country’s efforts to treat IPD?s backed by the government and a strong presence of regular vaccine immunization programs will escalate the growth of U.S. pneumonia vaccines market.
The global pneumonia vaccines market has been experiencing substantial growth in sales over the last few years. The steady growth in the geriatric population and the rising incidents of pneumococcal disease across the world will serve as the leading factors for pneumonia vaccines market growth.
Worldwide, the population of individuals who fall in the age group of 60 years and is estimated to observe dual increase between the year 2017 to 2050 ? from 962 million to 2.1 billion. The risk of developing pneumococcal diseases is quite overtly, high among aging individuals due to their weakened immune system. As a result, elderly patients primarily aged 65 years and above are more prone to invasive pneumococcal disease. The growing vulnerability of elderly patients to pneumococcal diseases will thus leverage the demand for pneumonia vaccines market over 2018-2024.
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The global pneumonia vaccines market has been experiencing substantial growth in sales over the last few years. The steady growth in the geriatric population and the rising incidents of pneumococcal disease across the world will serve as the leading factors for pneumonia vaccines market growth.
Worldwide, the population of individuals who fall in the age group of 60 years and is estimated to observe dual increase between the year 2017 to 2050 ? from 962 million to 2.1 billion. The risk of developing pneumococcal diseases is quite overtly, high among aging individuals due to their weakened immune system. As a result, elderly patients primarily aged 65 years and above are more prone to invasive pneumococcal disease. The growing vulnerability of elderly patients to pneumococcal diseases will thus leverage the demand for pneumonia vaccines market over 2018-2024.
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