Pediatric Vaccine Market Exploring Future Growth 2022-2031 And Key Players: Merck & Co Inc,Serum Institute of India Pvt. Ltd,Sanofi SA,Pfizer,AstraZeneca
According to The Business Research Company's pediatric vaccine market report, the global pediatric vaccine market reached a value of nearly $34,094.8 million in 2020, having increased at a compound annual growth rate (CAGR) of 6.8% since 2015. The market is expected to grow from $34,094.8 million in 2020 to $58,130.0 million in 2025 at a rate of 11.3%. The pediatric vaccine market is then expected to grow at a CAGR of 9.1% from 2025 and reach $90,000.9 million in 2030.
The prevalence of infectious diseases is high in the pediatric population, as the immune system of children is not fully developed. Common infections in children include influenza, hepatitis, chickenpox, pertussis, RSV, and roseola. The growing prevalence of infectious diseases is also attributed to the rising population and environmental and genetic factors. For instance, every year, influenza epidemics result in about 870,000 children under 5?years of age leads to hospitalization. Thus, the increasing prevalence of infectious diseases in the pediatric population will increase the demand for pediatric vaccines during the forecast period.
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The pediatric vaccine market is segmented -
• By Vaccine Type: Monovalent, Multivalent
• By Technology: Live Attenuated, Inactivated, Toxoid, Conjugate
• By Application: Infectious Disease, Allergy, Cancer
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the pediatric vaccine market.
Major competitors in the pediatric vaccine market include Merck & Co Inc, Serum Institute of India Pvt. Ltd, Sanofi SA, Pfizer, AstraZeneca.
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The pediatric vaccine market consists of sales of pediatric vaccines and related services used to provide immunity to infants and children from birth to 18 years of age for specific diseases. Pediatric vaccines are a preparation of dead microorganisms, live attenuated organisms, or 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.
The Table Of Content For The Pediatric Vaccine Market Include:
1. Pediatric Vaccine Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
23. Pediatric Vaccine Market Opportunities And Strategies
24. Pediatric Vaccines Market, Conclusions And Recommendations
The Business Research Company's "Global Pediatric Vaccine Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. 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. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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