Press release
Global Pneumococcal Vaccines Market Set for Robust Growth, Projected to Exceed USD 13.3 Billion by 2033 advance at a CAGR of 4.1% | FMI
The global pneumococcal vaccines market is positioned for substantial growth, with a forecasted Compound Annual Growth Rate (CAGR) of 4.1% over the coming years. According to the latest report by Future Market Insights, the market, valued at USD 8.9 billion in 2023, is anticipated to surpass USD 13.3 billion by 2033.Pneumococcal vaccines play a vital role in preventing infections caused by Streptococcus pneumoniae bacteria, a major contributor to respiratory and bloodstream infections globally. These vaccines are critical in reducing morbidity and mortality rates, making them an essential tool in the global healthcare system's efforts to combat preventable diseases.
๐๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฏ๐๐ฆ๐๐ง๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ! https://www.futuremarketinsights.com/report-sample#5245502d47422d37303738
Several factors are contributing to this steady market growth, including a heightened global awareness of preventive healthcare and continuous advancements in vaccine technology. The increasing emphasis on widespread vaccination coverage is creating fertile ground for industry leaders to innovate and forge strategic partnerships.
Future Market Insights highlights the critical role of innovation and collaboration among key industry players in maintaining the upward trajectory of the pneumococcal vaccines market. The report serves as an essential resource for stakeholders looking to navigate the evolving landscape of pneumococcal vaccines and capitalize on growth opportunities in the years ahead.
As the global healthcare community intensifies efforts to fight preventable diseases, pneumococcal vaccines remain a cornerstone in the battle against infections worldwide.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฆ๐จ๐๐จ๐๐๐๐ฅ ๐๐๐๐๐ข๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
โข The pneumococcal vaccines market has witnessed an unprecedented surge of USD 0.4 Billion from the base year to the current.
โข The pneumococcal vaccines market is estimated to advance forward at a moderate pace, registering a CAGR of 4.1% through the forecast period.
โข The Prevenar-13 segment by product type category has accounted for the highest share of the pneumococcal market with USD 9,500 Million in 2023.
โข The public authorities segment by distribution channel category is estimated to hold dominant shares, trailing at a CAGR of 6.8% through the projection period.
"The growing demand for effective vaccination programs to prevent pneumococcal infections underscores the market's immense potential for growth," said a representative from Future Market Insights. "As healthcare infrastructures continue to evolve, the focus on comprehensive immunization strategies is expected to drive the expansion of the pneumococcal vaccines market."
๐๐ง๐๐ซ๐๐๐ฌ๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฆ๐๐ง๐: ๐๐๐ญ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐๐ฎ๐ซ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ! https://www.futuremarketinsights.com/reports/pneumococcal-vaccines-market
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Leading Industry Players Illuminate Opportunities Amidst Technological Advancements The pneumococcal vaccines market thrives in its diversity, as major manufacturers employ a variety of strategies to stay ahead of the competition. Through both organic growth and strategic acquisitions, industry giants are investing heavily in research and development to enhance the efficacy of pneumococcal vaccines, particularly in addressing chronic illnesses prevalent among aging populations.
Activirosomes, for instance, pioneers the development of viral infection vaccines. Harnessing active virosome technology, the company engineers non-replicating derivatives of measles and other viruses, focusing solely on essential viral genes that trigger robust immune responses.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
โข In September 2020, a Japanese pharmaceutical company, Shinogi, made an announcement to enter into a license agreement with Hanavax, a next-generation nasal vaccine manufacturer. The agreement was likely to assist the company in research and development activities, commercialization, manufacturing, and distribution of Streptococcus pneumonia vaccines developed by Hanavax.
โข In December 2019, China-based biotechnology company, Walvax Biotechnology Co., Ltd. received approval from the regulatory body of China, the National Medical Products Administration for its pneumococcal-13 valent conjugate vaccine. This vaccine is also estimated to act as an alternative to Prevnar-13 for immunizing children in the age group of 6 months to 5 years.
โข In January 2018, Pfizer, one of the global leaders in the pharmaceutical industry made an announcement to reduce the price of the PCV-13 4-dose vial vaccine from USD 3.05 to USD 2.95 per dosage in the Gavi-supported countries.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐ฅ๐ข๐๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข Astellas Pharma Inc
โข GlaxoSmithKline Plc
โข Merck & Co. Inc
โข Panacea Biotech Ltd
โข Pfizer Inc
โข Sanofi S.A
โข Walvax Biotechnology Co. Ltd
โข CSL Ltd
โข Serum Institute of India Pvt. Ltd
โข Talley Group Ltd
๐ ๐ฎ๐ญ๐ฎ๐ซ๐-๐๐ซ๐จ๐จ๐ ๐๐จ๐ฎ๐ซ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐๐ฎ๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ! https://www.futuremarketinsights.com/industry-analysis/therapy-area
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฆ๐จ๐๐จ๐๐๐๐ฅ ๐๐๐๐๐ข๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐:
โข Pneumococcal Polysaccharide Vaccines
โข Pneumococcal Conjugate Vaccines
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ:
โข Pharmacies
โข Community Clinics
โข Public Health Agencies
โข Others
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
โข North America
โข Latin America
โข Asia Pacific
โข Middle East and Africa (MEA)
โข Europe
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐๐'๐ฌ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ ๐จ๐ข๐ง๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐จ๐ง ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐จ๐ฆ๐๐ข๐ง:
๐๐ง๐๐ฎ๐ฆ๐จ๐ง๐ข๐ ๐๐ข๐๐ ๐ง๐จ๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐๐จ๐ซ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐: https://www.futuremarketinsights.com/reports/pneumonia-diagnostic-market
๐๐ฑ๐ข๐ฅ๐ฅ๐๐ซ๐ฒ ๐๐ฒ๐ฉ๐๐ซ๐ก๐ข๐๐ซ๐จ๐ฌ๐ข๐ฌ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐: https://www.futuremarketinsights.com/reports/axillary-hyperhidrosis-treatment-market
๐๐๐๐ญ๐๐ฆ๐ข๐ง๐จ๐ฉ๐ก๐๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐: https://www.futuremarketinsights.com/reports/acetaminophen-market
๐๐๐๐ฌ๐จ๐ง๐๐ฅ ๐๐๐๐๐๐ญ๐ข๐ฏ๐ ๐๐ข๐ฌ๐จ๐ซ๐๐๐ซ ๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฆ๐๐ง๐ ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐: https://www.futuremarketinsights.com/reports/seasonal-affective-disorder-therapeutics-market
๐๐ง๐๐ฆ๐ข๐ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐: https://www.futuremarketinsights.com/reports/aemia-treatment-market
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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