Press release
Conjugate Vaccines Market to Garner Brimming Revenues by 2023: Novartis, Neuron Biotech, Serum
Conjugated vaccines refer to vaccines containing bacterial capsule polysaccharides or antigen bound or conjugated to a protein. This protein has a key role in improving the immunogenic property of the polysaccharide. These vaccines are mainly used to immunize infants and children against invasive diseases caused by Hib bacteria, H. influenzae, Streptococcus pneumoniae and Neisseria meningitidis.The increase in the use of conjugate vaccines for adults, the increase in the number of regulatory approvals for conjugated vaccines, the growth in the prevalence of diseases caused by microorganisms such as Streptococcus pneumoniae and Neisseria meningitidis, and technological advances drive market growth. In contrast, low accessibility to vaccines in remote areas and the complex production procedure of the conjugate vaccine restrict market growth.
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Major Market Players:
• Novartis AG
• Neuron Biotech
• Serum Institute of India
• Pfizer Inc.
• Sanofi Pasteur
• Bharat Biotech
• Biological E
• GlaxoSmithKline Plc.
• Merck and Company
This report segments the market according to the type, the indication of disease, the type of pathogen, the end user and the region. Based on the type, the market bifurcates in monovalent conjugate vaccines and multivalent conjugate vaccines. According to the indication of the disease, it is classified as pneumococcal, influenza, diphtheria and whooping cough (DTP), meningococcal and others.
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Depending on the type of pathogen, it is classified into bacterial conjugate vaccine, viral conjugate vaccine and combined conjugate vaccine (viral and bacterial). Based on the end user, the market is segmented into pediatrics and adults. By geography, it is analyzed in North America, Europe, Asia-Pacific and LAMEA.
Key Benefits of Conjugate Vaccines Market:
• The study provides an in-depth analysis of the world market for conjugate vaccines, with current trends and future estimates to elucidate imminent investment pockets.
• It presents a quantitative analysis from 2016 to 2023 to allow interested parties to capitalize on prevailing market opportunities.
• An extensive analysis of the market by type of product helps to understand the various forms of conjugate vaccine available.
• The key players are profiled and their strategies are analyzed in depth, which predicts the competitive perspective of the market.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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