Press release
Global Pneumococcal Vaccine Market: Dynamic Growth, Key Players and Emerging Trends
Pneumococcal Vaccine Market Share
What Is The Projected Market Size Of The Global Pneumococcal Vaccine Market And Its Growth Rate?
• The pneumococcal vaccine market size has grown strongly from $8.94 billion in 2024 to $9.49 billion in 2025, presenting a compound annual growth rate (CAGR) of 6.2%.
• Over the next few years, the market size is slated to increase further to $12.12 billion in 2029, demonstrating a CAGR of 6.3%.
• The significant growth in the coming years is due to evolving pneumococcal strains, continued research and development, immunization priorities, expanded vaccine access and population aging.
What Is Driving The Growth In The Pneumococcal Vaccine Market?
The rise in the prevalence of pneumococcal contamination has been a major driving factor in the growth of the pneumococcal vaccine market. Pneumococcal contamination is an infection caused by the Streptococcus pneumoniae or pneumococcus bacteria, which can cause numerous conditions such as pneumonia, bloodstream infections, ear infections and sinus infections. The pneumococcal vaccine is vital in stimulating the body to produce antibodies against pneumococcal bacteria, effectively reducing or eradicating the disease-carrying bacteria and toxins. This helps to protect children, the elderly, and those with weakened immune systems from many types of pneumococcal infections. For instance, the Center for Disease Control and Prevention based in the United States reported that Pneumococcal pneumonia causes an estimated 150,000 hospitalizations per year in the United States. Such high prevalence of pneumococcal contamination is therefore propelling the growth of the pneumococcal vaccine market.
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Who Are the Key Players Driving Pneumococcal Vaccine Market Growth?
• Pfizer Inc.
• Johnson & Johnson
• Merck & Co. Inc.
• Sanofi S.A.
• GlaxoSmithKline plc
• Astellas Pharma Inc.
• CSL Limited
• Anhui Zhifei Longcom Biopharmaceutical Co. Ltd
• Serum Institute of India Private Limited
• Emergent BioSolutions Inc.
• Walvax Biotechnology Co. Ltd
• Biological E Limited
• Hualan Biological Engineering Inc.
• Beijing Minhai Biotechnology Limited Company
• NPO Petrovax Pharm LLC
• Vaxcyte Inc.
• Panacea Biotec Ltd
• Inventprise LLC
• Tergene Biotech Private Limited
• PnuVax Incorporated
• SK Bioscience Co Ltd
What Are The Key Trends In The Pneumococcal Vaccine Market?
The market exhibits several key trends:
• Multivalent vaccine development
• Vaccination in at-risk group
• Boosting vaccine efficacy
• Education and awareness campaigns
• Targeting infant immunization.
What Are The Segments Of The Global Pneumococcal Vaccine Market?
The pneumococcal vaccine market is segmented by:
1) Product Type: Prevnar 13, Synflorix, Pneumovax23, Other Products
2) Route of Administration: Intravenous, Intramuscular, Subcutaneous
3) Distribution Channel: Pharmacies, Community Clinics, Public Health Agencies, Other Distribution Channels
4) End User: Pediatrics, Adults
Which Region Leads The Pneumococcal Vaccine Market?
North America was the largest region in the pneumococcal vaccine market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. Other regions covered in the pneumococcal vaccine market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Pneumococcal Vaccine Market Global Market Report?
- Market Size Analysis: Analyze the Pneumococcal Vaccine Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pneumococcal Vaccine Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pneumococcal Vaccine Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pneumococcal Vaccine Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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