Press release
Vaccines Market Projected to Rise Lucratively during 2024| Top Players: AstraZeneca, Abbott, Bristol-Myers Squibb, Merck
Vaccines Market
Increasing disease prevalence in underdeveloped countries coupled with growing incidence of cancer & HIV will serve as high impact rendering factor for the business growth. High cost and inadequate reimbursement coverage for vaccines will hamper industry expansion. Moreover, stringent government regulations for product approval will further restrain business growth.
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Pediatric segment will witness 9.1% CAGR during the forecast timeframe owing to CDC recommendation for immunization schedule to protect children and infants before getting exposed to potentially life-threatening diseases. Attenuated vaccines technology segment accounted for more than 20% market share in 2018 and is estimated to grow significantly over the coming years due to factors such as robust antibody and cellular responses, and frequently deliberate lifelong immunity with only one or two doses.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• AstraZeneca
• Abbott
• Bristol-Myers Squibb
• Merck
• Sanofi Pasteur
• Pfizer
• GlaxoSmithKline Pharma GmbH
• Emergent BioSolutions
• Astellas Pharma
• CSL Behring
• NOVAVAX INC
Influenza disease segment will witness considerable growth to reach USD 6.1 billion by 2025 due to growing incidence, mounting number of disease-causing microbes (pathogens) and rising awareness in emerging economies towards disease prevention. Availability of vaccines at affordable prices in hospitals and clinics will augment the segment growth.
U.S. market dominated industry in 2018 by accounting for over 35% market share of global market owing to enormous impact of immunization on improving health of children and protecting them with vaccines due to epidemics of preventable diseases like mumps, pertussis, and measles. India will witness 13.4% CAGR during the forecast period due to improved efficiency of immunization programs and technological advancements in vaccine storage and transport. Rising per capita income, improved healthcare infrastructure and growing healthcare expenditure will promote business growth.
China market will grow at a substantial rate owing to rising disposable income, rapid economic growth, rising number of unvaccinated migrant workers, and delivery of efficient healthcare services. Brazil vaccines market will grow due to availability of vaccines at low cost and rising initiatives by Brazilian government to improve vaccination coverage will stimulate steady business expansion.
Vaccines Market, By Technology (USD Million)
1 Attenuated
2 Toxoid
3 Conjugate
4 Inactivated & subunit
5 Recombinant
Vaccines Market, By Disease (USD Million)
1 Cancer
2 Hepatitis
3 Pneumococcal disease
4 DTP
5 Dengue
6 Influenza
7 Human papilloma virus
8 Meningococcal disease
9 Polio
10 Rotavirus
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Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Global vaccines industry 3600 synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Age group trends
2.1.3. Disease trends
2.1.4. Technology trends
2.1.5. Regional trends
Chapter 3. Vaccines Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 – 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Increasing government funding for vaccine development
3.3.1.2. Increasing vaccines R&D in developed nations
3.3.1.3. Increasing disease prevalence in underdeveloped countries
3.3.1.4. Growing incidences of cancer & HIV in Asia Pacific
Chapter 7. Vaccines Market, By Region
7.2. North America
7.2.1. Market estimates and forecast, by country, 2014 – 2025
7.2.2. Market estimates and forecast, by age group, 2014 – 2025
7.2.3. Market estimates and forecast, by technology, 2014 – 2025
7.2.4. Market estimates and forecast, by disease, 2014 – 2025
7.3. Europe
7.3.1. Market estimates and forecast, by country, 2014 – 2025
7.3.2. Market estimates and forecast, by age group, 2014 – 2025
7.3.3. Market estimates and forecast, by technology, 2014 – 2025
7.3.4. Market estimates and forecast, by disease, 2014 – 2025
Browse Full Report Details @ https://www.gminsights.com/industry-analysis/vaccines-market
Data Tables
TABLE 1 Vaccines industry 3600 synopsis, 2014 – 2025
TABLE 2 Global vaccines market, 2014 – 2018 (USD Million)
TABLE 3 Global vaccines market, 2019 – 2025 (USD Million)
TABLE 4 Global vaccines market, by age group, 2014 - 2018 (USD Million)
TABLE 5 Global vaccines market, by age group, 2019 - 2025 (USD Million)
TABLE 6 Global vaccines market, by technology, 2014 – 2018 (USD Million)
TABLE 7 Global vaccines market, by technology, 2019 – 2025 (USD Million)
TABLE 8 Global vaccines market, by disease, 2014 – 2018 (USD Million)
TABLE 9 Global vaccines market, by disease, 2019 – 2025 (USD Million)
TABLE 10 Global vaccines market, by region, 2014 – 2018 (USD Million)
Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.
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