Respiratory Disease Vaccine Market to reach USD 70.30 billion by 2030,size, share, key drivers

A vaccine against respiratory diseases is a sort of immunisation made to guard against infections brought on by pathogens that mostly affect the respiratory system. These vaccinations lower the chance of acquiring respiratory disorders by encouraging the immune system to recognise and defend against particular respiratory invaders, such as bacteria or viruses. They serve as a preventative strategy to lessen illness severity, consequences, and respiratory infection spread.

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Data Bridge Market Research analyses that the respiratory disease vaccine market which was USD 92.23 billion in 2022, is expected to reach USD 70.30 billion by 2030, and is expected to undergo a CAGR of 5.7% during the forecast period of 2023 to 2030. "Viral vaccine" dominates the type segment of the respiratory disease vaccine market owing to the rising prevalence of respiratory disorders. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Respiratory diseases are the diseases that affects and lungs and other parts of respiratory system. It is caused due to passive smoking, smoking tobacco, infection, asbestos and other kinds of air pollution. Chronic respiratory diseases are the diseases of airways and other structures of the lungs. The treatment of these diseases only reduces the symptoms. Immunization is the most effective method against chronic respiratory diseases.

Respiratory Disease Vaccine Market Dynamics

Opportunities

Growing Awareness Among the Population

Public awareness campaigns and educational efforts can enhance understanding of the benefits of respiratory disease vaccines, leading to higher vaccine acceptance rates.

Drivers

Increasing Prevalence of Respiratory Diseases

There is a greater understanding of the need for respiratory disease vaccines as a result of the introduction of novel respiratory diseases such as the COVID-19 pandemic. This has increased funding for research and development of vaccinations to protect against both novel and old respiratory infection.

Some of the major players operating in the respiratory disease vaccine market are:

Bavarian Nordic (Denmark)

Bayer AG (Switzerland)

AstraZeneca (U.K.)

Bio Farma (India)

Dynavax Technologies (U.S.)

Emergent BioSolutions Inc. (U.S.)

Merck Sharp & Dohme Corp. (Japan)

Pfizer Inc. (U.S.)

GlaxoSmithKline plc (U.K.)

Seqirus (U.K.)

Disease Type

Tuberculosis

Pertussis

Influenza Virus

Streptococcus Pneumoniae (Pneumonia)

Chronic Obstructive Pulmonary Disease (COPD)

Diphtheria

Others

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