Pneumococcal Vaccines Market reached US$ 7.96 billion in 2023 and is expected to reach US$ 11.9 billion by 2031 - Pfizer Inc., Merck & Co., Inc., Serum Institute of India Pvt. Ltd.

Pneumococcal Vaccines Market analysis, according to DataM Intelligence, offers more than just an overview; it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.

Will the Pneumococcal Vaccines market emerge as the sector's next great thing? To discover the answer, look at the Pneumococcal Vaccines market analysis and projections. In-depth insight of the opportunities, difficulties, and trends now impacting the industrial landscape is provided by this market research study, empowering industry participants to make informed decisions in a changing environment. Take advantage of the opportunity in the Pneumococcal Vaccines market! (2031)

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The Global Pneumococcal Vaccines Market reached US$ 7.96 billion in 2023 and is expected to reach US$ 11.9 billion by 2031 growing with a CAGR of 5.2% during the forecast period 2024-2031.

Pneumococcal vaccines are designed to protect against pneumococcal infections caused by Streptococcus pneumoniae bacteria, which can lead to pneumonia, meningitis, and sepsis. These vaccines are particularly important for vulnerable populations, such as infants, the elderly, and individuals with weakened immune systems. Vaccination helps prevent severe complications and promotes public health.

Key Players:

Profiles of some of the major players in the global Pneumococcal Vaccines market, which include

Pfizer Inc., Merck & Co., Inc., Serum Institute of India Pvt. Ltd., Walvax Biotechnology Co., Ltd., SINOVAC, Beijing Minhai Biological Technology Co., Ltd., SK bioscience., Sanofi, Biological E Limited., CanSinoBIO, Panacea Biotec, GSK plc. and Inventprise.

Industry Development:

In June 2024, Merck announced that the U.S. Food and Drug Administration (FDA) has approved CAPVAXIVE, a Pneumococcal 21-valent Conjugate Vaccine, designed to prevent invasive pneumococcal disease and pneumococcal pneumonia in adults. This vaccine targets the serotypes of Streptococcus pneumoniae responsible for a large portion of invasive disease cases in adults aged 50 and older. The approval of CAPVAXIVE represents a significant advancement in protecting older adults from these potentially severe and life-threatening infections.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Pneumococcal Vaccines market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By Type: Pneumococcal Conjugate Vaccine (PCV), Pneumococcal Polysaccharide Vaccine (PPV), Next Generation Pneumococcal Vaccines.

By Route of Administration: Intramuscular, Subcutaneous.

By Patient Type: Infants (< 1 Year), Children (1-12 Years), Adolescence (13-19 Years), Adults (20-60 Years), Geriatrics (Above 60 Years).

Regional Break out:

The global Pneumococcal 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

Points Covered:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Pneumococcal Vaccines market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Pneumococcal Vaccines Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Pneumococcal Vaccines market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Pneumococcal Vaccines Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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FAQ's

Q.1. What are the primary drivers of the Pneumococcal Vaccines Industry?

Q.2. What are the main factors propelling and impeding the growth of the Pneumococcal Vaccines market?

Q.3. What are the general structure, risks, and opportunities of the market?

Q.4. How do the prices, revenue, and sales of the leading Pneumococcal Vaccines market firms compare?

Q.5. What are the main segments of the market and how is it divided up?

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