Vaccines Market Expanding at a CAGR of 6.5% in Terms of Value over the Forecast Period 2019 to 2027

Vaccines Market is Expected to reach US$ 64,538.4 Mn in 2027 from US$ 36,998.8 in 2018. The market is estimated to grow with a CAGR of 6.5% from 2019-2027. The report highlights the trends prevalent in the global vaccines market and the factors driving the market along with those that act as deterrents to its growth.

Driving factors such as, growing focus on immunization programs, increasing support for vaccine development, rising prevalence of infectious diseases. However, the complexity and cost of vaccine manufacturing and soaring costs of vaccines are likely to pose a negative impact on the market growth. On the other hand, robust pipeline of vaccines is likely to have a positive impact on the growth of the global vaccines market in the coming years.

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The vaccines market by technology is segmented into Recombinant vaccines, Conjugate Vaccines, Live Attenuated Vaccines, Inactivated Vaccines, and Toxoid Vaccines. In 2018, the conjugate vaccines segment held a largest market share of 65.1% of the vaccines market, By Technology. This segment is also expected to dominate the market in 2027 as they are the most effective forms of immunization, used to prevent diseases in both infants and adults. Moreover, the similar segment is anticipated to also witness the fastest growth rate of 6.7% during the forecast period, 2019 to 2027 owing to the increasing demand for drugs to treat the disease.

Top Leading Market Players:

1. PFIZER INC
2. GlaxoSmithKline plc.
3. Merck & Co., Inc.
4. Sanofi
5. Johnson & Johnson Services, Inc
6. Panacea Biotec Limited
7. Astellas Pharma Inc.
8. NOVAVAX, INC.
9. VBI Vaccines Inc.
10. Bavarian Nordic

The Vaccines Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 - 2027, considering 2018 as the base year and 2018 - 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions.

The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

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The report segments the global vaccines market as follows:

Global Vaccines Market - By Technology

-Recombinant vaccines
-Conjugate Vaccines
-Live Attenuated Vaccines
-Inactivated Vaccines
-Toxoid Vaccines

Global Vaccines Market - By Disease Indication

DTP (diphtheria, tetanus, and pertussis)
-Influenza
-Hepatitis
-Respiratory Syncytial Virus (RSV)
-Other Diseases

Global Vaccines Market - By Route of Administration

-Oral
-Injectable
-Other

Global Vaccines Market - By Patient Type

-Adult Patients
-Pediatric Patients

Browse market data tables and in-depth TOC of the Global Vaccines Market (2019-2027)

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What our report offers:

Learn about the driving factors, affecting the market growth.
Imbibe the advancements and progress in the market during the forecast period.
Understand where the market opportunities lies.
Compare and evaluate various options affecting the market.
Pick up on the leading market players within the market.
Envision the restrictions and restrains that are likely to hamper the market.

Contact Us:

The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.