Press release
Increase In The Number Of Children In Developing Nations Has Led To Growth In The Demand For Vaccine Management Solutions
The vaccine management solution market is in its growth phase in most developing nations. From 2020 to 2030, the market is expected to garner an absolute dollar opportunity of around US$ 423 Mn. Rising digitization, globally, is the prime element causing the expansion of the vaccine management solution market size. Increase in the number of children in developing nations has led to growth in the demand for vaccine management solutions for effective deployment of vaccination programs.To Get In-depth Information View Full Report – https://www.factmr.com/report/5466/vaccine-management-solution-market
Vaccine Management Solution Market Drivers
While the world’s best brains are working on discovering a potent COVID-19 vaccine, policymakers are planning to manage these vaccines once they are launched. The pandemic is a major driver of vaccine management solutions in today’s times. Another important driver is the commitment that many countries have made under the Global Vaccine Action Plan (GVAP). Other than that, a centralized system with the use of a vaccine management solution will aid providers to manage the workflow efficiently. Also, cloud-based software will assist healthcare providers to take decisions in real-time.
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Vaccine Management Solution Market: Segmentation
Fact.MR has studied the vaccine management solution market with detailed segmentation on the basis of component, model, subscription, end use, and region.
Component
Solutions
Inventory Management
Program Management
Clinical V. Management
Data Management
Public Engagement
Organizational Support
Services
Managed Services
Professional Services
Model
Platform Solutions
One Point Solutions
Subscription
New Subscribers
Renew Subscribers
End Use
Public
Private
Region
North America
Europe
East Asia
Latin America
South Asia
Middle East & Africa
Oceania
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Vaccine Management Solution Market: Competitive Analysis
Previously, only a few multinational companies were providing vaccine management solutions with quality services. However, the COVID-19 pandemic has created opportunity for numerous new solution providers to enter into the vaccine management solution market space.
Leading companies providing vaccine management solutions are Deloitte, Infosys, and Salesforce. Other than these, Conduent, UL, Omnisys, and PreCheck are also well-known companies among vaccine management solution providers. With further rise in COVID-19 cases, the number of vaccine management solution market players are expected to increase over the coming years.
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The Analyst’s Viewpoint
“Currently, vaccine management solution providing companies have to focus on countries not having national immunisation solution, or having a number of sub-national solutions. In such nations, probability for VMS providers to reach private healthcare providers is very high. Since, most immunisation programs are designed for children less than 1 years, chances of market expansion in regions having high total fertility rates are high.”
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