Pediatric Vaccines Market With Latest Trends And Top-Most Key Players - GlaxoSmithKline PLC., Pfizer Inc., Sanofi S.A., Merck & Co., Inc, AstraZeneca PLC., CSL Limited
As per the pediatric vaccines market report by The Business Research Company, the 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. According to the World Health Organization, chronic disease prevalence rose by 57% in the year 2020. The increased prevalence of chronic diseases among children rises the demand for immunization from chronic diseases, hence, driving the pediatric vaccines market's growth.
The global pediatric vaccine market grew from $36.64 billion in 2022 to $42.74 billion in 2023 at a compound annual growth rate (CAGR) of 16.6%. The pediatric vaccine market is expected to grow from $65.01 billion in 2027 at a CAGR of 11.1%.
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Major competitors 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., Panacea Biotec Ltd., Zydus Cadila.
The pediatric vaccines market is segmented -
• By Vaccine Type: Monovalent, Multivalent
• By Technology: Live Attenuated, Inactivated, Toxoid, Conjugate, Other Technologies
• 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 vaccines market.
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The pediatric vaccines market consists of sales of BCG vaccines, hepatitis B vaccines, pentavalent vaccines, and rotavirus vaccines. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Pediatric Vaccines Market Include:
1. Executive Summary
2. Pediatric Vaccines Market Characteristics
3. Pediatric Vaccines Market Trends And Strategies
4. Pediatric Vaccines Market - Macro Economic Scenario
5. Pediatric Vaccines Market Size And Growth
6. Pediatric Vaccines Market Segmentation
27. Pediatric Vaccines Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pediatric Vaccines Market
29. Pediatric Vaccines Market Future Outlook And Potential Analysis
The "Global Pediatric Vaccines Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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