Adult Vaccines Market to Surpass $ 23 Billion, Globally, by 2025 At a CAGR 7.1% | GlaxoSmithKline Plc, Sanofi, Pfizer

A vaccine is a biological preparation that offers strong individuals acquired protection against a specific disease. A typical vaccine generally contains an antigen that looks like a disease-causing virus and is frequently created from killed or weakened forms of this virus, its proteins, or some of its lipids. The amount of virus needed to produce sufficient quantities of vaccine usually requires a series of injections. Some of the adult vaccines being used today are Gavi vaccine, Prevacid, Rubella vaccine, Mumps vaccine, and Trivium. These are all vaccines that have been given to millions of people and have shown effective results in preventing outbreaks of illness.

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The growing prevalence and incidence of infectious diseases such as COVID-19 around the globe are positively shaping the growth of the adult vaccine market. According to the World Health Organization, globally, as of 6 April 2021, there have been 131,487,572 confirmed cases of COVID-19, including 2,857,702 deaths. Adult vaccines are used to prevent infections such as influenza, hepatitis, pneumococcal, tetanus, and pertussis. The government is taking initiatives to raise awareness regarding infectious diseases which has significantly elevated the demand for adult vaccines for the prevention of such diseases. Many companies are conducting clinical trials to develop a vaccine with high efficacy and improved safety. This is again fostering the growth of the adult vaccines market.

1. In April 2020, GSK launched a national campaign to help increase low rates of vaccination among older adults. The campaign, Brought to You By Vaccines, will educate adults ages 50 and older about the value of vaccines and the urgent need to talk to their healthcare provider or pharmacist about the recommended vaccines they need or may have recently missed.

2. In July 2019, The Indian Council of Medical Research (ICMR) has launched the third-phase trials for an anti-Tuberculosis vaccine that could be administered to anybody aged six years and above

3. In December 2020, Sanofi and GSK announce a delay in their adjuvanted recombinant protein-based COVID-19 vaccine program to improve immune response in older adults

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Table of Contents

-- Report Overview: It includes the Adult Vaccines market study scope, players covered, key market segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.

-- Executive Summary: This section of the report gives information about Adult Vaccines market trends and shares, market size analysis by region and analysis of global market size. Under market size analysis by region, analysis of market share and growth rate by region is provided.

-- Profiles of International Players: Here, key players of the Adult Vaccines market are studied on the basis of gross margin, price, revenue, corporate sales, and production. This section gives a business overview of the players and shares their important company details.

-- Regional Study: All of the regions and countries analyzed in the Adult Vaccines market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.

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Key Benefits:

• This study gives a detailed analysis of drivers and factors limiting the market expansion of Adult Vaccines

• The micro-level analysis is conducted based on its product types, end-user applications, and geographies

• Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players

• By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Adult Vaccines market

The research study can answer the following Key questions:

• What will be the progress rate of the Adult Vaccines Market for the conjecture period, 2021-2028?

• What are the prominent factors driving the Adult Vaccines Market across different regions?

• Who are the major vendors dominating the Adult Vaccines industry and what are their winning strategies?

• What will be the market scope for the estimated period?

• What are the major trends shaping the expansion of the industry in the coming years?

• What are the challenges faced by the Adult Vaccines Market?

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Our analysts are experts in this field with years of experience. We at Coherent Market Insights maintain the highest level of accuracy and transparency in the report. The primary and secondary resources used in the report are taken from reliable and high authority sources to deliver 100% accurate and trusted data.

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