Press release
Shingles Vaccines Market Expected to Reach Significant Growth by 2031: Key Players-GlaxoSmithKline plc., Merck & Co. Inc., SK Bioscience.
Shingles Vaccines Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Shingles Vaccines market from 2024 to 2031?
The Shingles Vaccines Market is estimated to reach at a CAGR of 10.00% during the forecast period 2024 to 2031.
What is Shingles Vaccines Market?
The shingles vaccines market focuses on the development, distribution, and administration of vaccines designed to prevent shingles, a painful rash caused by the reactivation of the varicella-zoster virus. Driven by the growing elderly population and rising awareness of disease prevention, the market offers both live and recombinant vaccines to reduce the risk and severity of shingles outbreaks.
Who are the major players in the Shingles Vaccines market?
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world. The prominent players in Shingles Vaccines market research report are: GlaxoSmithKline plc., Merck & Co. Inc., SK Bioscience, GC Pharma, Vaccitech, Geneone Life Science, Shulov Innovative Science, and EYEGENE lnc., among others.
Key Development
In July 2021, GlaxoSmithKline plc (GSK) announced that it had received approval from the U.S. FDA for its Shingrix vaccine, a recombinant vaccine designed to protect against shingles.
In July 2022, two Chinese biotech companies, Maxvax Biotechnology and Beijing Luzhu Biotechnology, raised USD 74 million to support multiple clinical trials for their recombinant shingles vaccine candidates. This funding aims to accelerate the development of new vaccine solutions for shingles prevention.
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Regions Covered:
The global Shingles Vaccines Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Market Segments
By Product: Shingrix, Zostavax, SKYZoster.
By Vaccine Type: Recombinant Vaccine, Live Attenuated Vaccine.
By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Others.
The Shingles Vaccines industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Key Features
➥ Leverage epidemiology insights to tailor precision diagnostics and address region-specific needs.
➥ Meet critical unmet needs in complex conditions with advanced, precise Shingles Vaccines industry solutions for better diagnostics and outcomes.
➥ Stay ahead with real-time pipeline analysis, revealing the latest Shingles Vaccines innovations and market trends.
➥ Optimize your offerings with competitive pricing analysis, balancing cost-effectiveness and cutting-edge tech.
➥ Protect your innovation with expert patent analysis, ensuring strategic positioning in the Shingles Vaccines market.
➥ Gain an edge with comprehensive competitive intelligence, guiding informed decisions in Shingles Vaccines
➥ Maximize market presence with brand share analysis, strengthening your position in the Shingles Vaccines landscape.
➥ Accurately predict market demand for Shingles Vaccines with precise drug sales forecasting insights.
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FAQs
What does the Shingles Vaccines market report provide?
The report provides a detailed analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Active, Innovators, Start-ups, and Cutting Edge) that are anticipated to influence its future growth trajectory.
What is the scope of the market report?
The market report covers regional analysis and provides detailed insights into the Shingles Vaccines market including market size, segmentation, and key players.
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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