Pediatric Vaccines Market Size and Forecast 2020-2030 | Industry Overview, Latest Trends and Growth Analysis | Covid 19 Impact And Recovery

The Business Research Company offers "Pediatric Vaccines Market Global Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global pediatric vaccines is expected to decline from $30.4 billion in 2019 to $28.9 billion in 2020 at a compound annual growth rate (CAGR) of -5%. The decline is mainly due to the focus on Covid-19 outbreak and its treatment across the globe and non-availability of vaccines or delay of immunizations in pediatrics. The market will stabilize or grow from next year owing to the easing of supply chain restrictions. Also, successful launch of the covid19 vaccine or immunization of existing BCG vaccine in countries where it is not administered at present, which will boost the pediatric vaccines market significantly in the mid to long term. The market is expected to recover and reach $40.7 billion in 2023 at a CAGR of 7.8%.

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The pediatric vaccines market consists of sales of pediatric vaccines and its related services used to provide immunity to infants and children for specific diseases. Pediatric vaccine is a preparation of killed microorganisms, living attenuated organisms, or living fully virulent organisms that are administered to stimulate the production of antibodies and provide immunity against one or several diseases among children. Pediatric vaccines are used in childhood immunization schedules to enhance a child’s immunity or prevent diseases such as diphtheria, tetanus, pertussis, influenza, Hepatitis B, polio and many other infectious and non-infectious diseases.

Rising prevalence of chronic diseases such as tuberculosis, diphtheria, and pneumonia in the age group of 15 years and below will contribute to the growth of the pediatric vaccines market. The risk of severe disease outcomes and complications of infectious diseases are increasing in children and adolescents with chronic conditions. As stated by centers for disease control and prevention, the prevalence of obesity was 18.5% in the US and about 13.7 million children and adolescents were affected by obesity in 2015. The increased prevalence of chronic diseases among children rises the demand for immunization from chronic diseases, hence, driving the pediatric vaccines market’s growth.

Pediatric Vaccines Market Segmentation: -
By Vaccine Type
Monovalent
Multivalent

By Technology
Live Attenuated
Inactivated
Toxoid
Conjugate
Other Technologies

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Few Points From Table Of Content
1. Executive Summary
2. Pediatric Vaccines Market Characteristics
3. Pediatric Vaccines Market Size And Growth
4. Pediatric Vaccines Market Segmentation
5. Pediatric Vaccines Market Regional And Country Analysis
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25. Pediatric Vaccines Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Pediatric Vaccines Market
27. Pediatric Vaccines Market Trends And Strategies
28. Pediatric Vaccines Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Pediatric Vaccines Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Pediatric Vaccines Market are GlaxoSmithKline plc, Pfizer Inc., Sanofi S.A., Merck & Co., Inc., Indian Immunologicals Limited, AstraZeneca plc, CSL Limited, Mitsubishi Tanabe Pharma Corporation, Serum Institute of India Pvt. Ltd. and Panacea Biotec Ltd.

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