Press release
Indian HPV Vaccine Market 2023 | Estimate CAGR Analysis, Technological Development Overview, Growth Trends and Competitive Research till 2028
Report OverviewIndian Human Papillomavirus Vaccine Market size stood at USD 3.80 Billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of 12.69% during the forecast period 2019-2028.
CaCx is the most prevalent form of cancer in Indian women, having an Annual incidence of 134 420 that accounts for 25.9% of all cancers affecting women. The HPV vaccines used in the project are commercially available in India and more than 100 other countries. The HPV vaccine is the first vaccine developed specifically targeting the prevention of cervical cancer. India has 25% of the global cervical cancer burden and its growing middle class is a potentially large private market for HPV vaccines.HPV vaccines protect against the most common causes of cervical cancer. From approximately 15 types of HPV that may cause cancer, two types (HPV 16 and HPV 18) cause more than 70% of cervical cancer cases in India. Growing burden of human papillomavirus infections in emerging economies to boost the human papillomavirus vaccine market in India. Human papillomavirus infection vaccine market include large number of pipeline products, increasing research for therapeutic vaccine, governmental initiative for immunization program, and high prevalence of HPV-related infectious disease.
Market Drivers
The increasing prevalence of cervical cancer among female, increasing need to reduce HPV infections, large number of pipeline products, increasing research for therapeutic vaccine, the governments initiatives in imposing stringent policies for supplying vaccines to eradicate the burden of this disease, growing investments in research and development for introduction of novel immunization remedies for this virus are likely to create lucrative growth opportunities for the market.
Restraining Factors
High cost of vaccine development and limited number of Food and Drug Administrations (FDA) approvals for commercial vaccine is hindering the human papillomavirus (HPV) infection vaccines market growth over the forecast period.
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Major Players
The major players for Indian HPV infection vaccines market include Merck & Co., Inc. and GlaxoSmithKline plc, Serum Institute of India and Bharat Biotech. Serum Institute of India (Pune) and Bharat Biotech (Hyderabad) are both also developing L1 VLP-based vaccines. Serum's candidate will probably be a bivalent HPV-16 and HPV-18 vaccine. Merck introduced Gardasil in India at about $171 for the three-dose regimen.
The Indian HPV Vaccine Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Indian HPV Vaccine market. This report explores all the key factors affecting the growth of the global Indian HPV Vaccine market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.
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Market Segmentation
By Product Type:
Based on product type the HPV Vaccine Market is further segmented into Gardasils, Gardasil 9 and Cervarix. HPV types 6 and 11 are prevented by using Gardasil vaccine, which is responsible to cause 90% of genital warts. Gardasil 9 prevents infection with the same four HPV types plus five additional (31, 33, 45, 52, and 58) cancer-causing types that collected account for 10 to 20% of cervical cancers.
By Indication:
Based on Indication the HPV Vaccine Market is further segmented into Cervical Cancer, Cancer, Vaginal Cancer, Vulvar Cancer, Oropharyngeal Cancer and other Indications. The cervical cancer segment is anticipated to have leading share on account of increasing number of cases of this type of cancer in women and the segment is anticipated to maintain its dominance during the forecast period. Anal cancer is the second largest segment after cervical cancer segment during the forecast period.
By Distribution Channel:
Based on distribution channel the HPV Vaccine market is further segmented into Hospitals, Clinics and Government Entities. The contribution of Hospitals is XX% in HPV Vaccine Market in India. The government entities segmented to anticipate to have leading shares on account along with many alliances such as GAVI, focusing on vaccinating people in India.
Major Players
The major players for Indian HPV infection vaccines market include Merck & Co., Inc. and GlaxoSmithKline plc, Serum Institute of India and Bharat Biotech. Serum Institute of India (Pune) and Bharat Biotech (Hyderabad) are both also developing L1 VLP-based vaccines. Serum's candidate will probably be a bivalent HPV-16 and HPV-18 vaccine. Merck introduced Gardasil in India at about $171 for the three-dose regimen.
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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Indian HPV Vaccine Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.
Strategic Points Covered in Table of Content of Global Indian HPV Vaccine Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indian HPV Vaccine market
Chapter 2: Exclusive Summary - the basic information of the Indian HPV Vaccine Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indian HPV Vaccine
Chapter 4: Presenting the Indian HPV Vaccine Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Indian HPV Vaccine market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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Free Customization on the basis of client requirements on Immediate purchase:
1- Free country-level breakdown of any 5 countries of your interest.
2- Competitive breakdown of segment revenue by market players.
Customization of the Report:
This report can be customized to meet the client's requirements. Please connect with our sales team (sales@prudentmarkets.com), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +91 83560 50278 || USA/Canada(Toll Free): 1800-601-6071 to share your research requirements.
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In conclusion, the Indian HPV Vaccine Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.
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