Comprehensive Analysis of the Factors that Drive and Restrict Pneumonia Vaccine Market Growth by 2023
Pneumonia causes inflammation in the air bladders of the lungs (also called alveoli), causing the alveoli to become filled with liquids (pus cells), causing breathing problems. Pneumococcal disease is common in young children, but the elderly are at greatest risk of serious pneumococcal infection and even death.
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Therefore, the Centers for Disease Control and Prevention (CDC) recommends the administration of two pneumococcal vaccines, PCV13, and PPSV23. The main factors driving the growth of the global pneumococcal vaccine market are increased pneumonia worldwide, increased government interest in pneumococcal vaccination programs, and the introduction of new pneumococcal vaccines such as PCV10.
However, the time it takes to produce pneumococcal vaccines is long and the high costs associated with the development of such vaccines inhibit market growth. The development of a protein-based combination pneumococcal vaccine is expected to provide an advantageous opportunity for expanding this market.
The global pneumococcal vaccine market is categorized by type, application and geography. Depending on the type, the market is divided into pneumococcal conjugate vaccine (PCV13) and pneumococcal polysaccharide vaccine (PPSV23). The applications covered in this study include pneumonia, meningitis and sepsis. Geographically markets are analyzed in North America, Europe, Asia Pacific and LAMEA.
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• Pfizer Inc.
• GlaxoSmithKline Plc.
• Merck & Co. Inc.
• Sanofi Pasteur
• Serum Institute of India Pvt. Ltd.
• Johnson & Johnson
• Astellas Pharma Inc.
Key Benefits of Pneumonia Vaccine Market Report:
• This study provides an in-depth analysis of the global pneumococcal vaccine market with current trends and future estimates to identify impending investment pockets.
• A comprehensive analysis of factors driving and limiting market growth is provided in the report.
• A comprehensive quantitative analysis of the industry is provided during 2016-2023 to enable stakeholders to take advantage of dominant market opportunities.
• A comprehensive analysis of the major sectors of the industry will help you understand trends in pneumococcal vaccine types around the world.
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