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Comprehensive Abrysvo Or Arexvy Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
"What Is the Expected Size and Growth Rate of the Abrysvo Or Arexvy Market?In recent times, the abrysvo or arexvy market has seen a $XX. There is an expectation for this market to expand from a value of $XX million in 2024 to $XX million in 2025, with a compound annual growth rate (CAGR) projected at $XX%. Factors contributing to this growth trend during the historical period include an increase in the elderly population, initiation of immunisation programmes, heightened understanding of respiratory diseases, public health initiatives from the government and sporadic occurrences of seasonal respiratory diseases.
Over the next few years, the abrysvo or arexvy market is projected to reach $XX. This market is forecasted to expand to a worth of $XX million in 2029, with a compound annual growth rate (CAGR) of $XX%. This growth is primarily due to an upsurge in the elderly population, increased accessibility and worldwide delivery of vaccines, a heightened focus on preventative healthcare, a rising prevalence of respiratory infections, and enhanced healthcare policies and coverage. The forecast period will also see prominent trends such as advancements in vaccine technology, individualized medicine, integration of wearable health technology, innovations in vaccine delivery, cold chain logistics, and intelligent packaging.
What Factors Are Fueling Growth in the Abrysvo Or Arexvy Market?
The growth of the abrysvo or arexvy market is poised to be driven by the escalating incidence of respiratory syncytial virus (RSV) infections. RSV infections result from the respiratory syncytial virus that affects the respiratory tract primarily. It usually yields mild cold-like symptoms but potentially severe illness among infants, older adults, and immunocompromised individuals. The uptick in RSV infections can be associated with its extremely infectious nature, seasonal outbreaks, an absence of widespread immunity, and heightened susceptibility among at-risk groups like infants and the elderly. To counter the RSV infections' high rates, Abrysvo provides targeted vaccines safeguarding high-risk groups, such as older adults and infants, from severe illnesses related to this virus. For example, based on data from the Centers for Disease Control and Prevention, a health protection agency in the US, the overall rate of hospitalizations connected with RSV escalated to 3.2 per 100,000 individuals during the 2024-25 season in October 2024. Consequently, the incidence of RSV infections propels the abrysvo or arexvy market's growth.
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Which Leading Companies Are Shaping the Growth of the Abrysvo Or Arexvy Market?
Major companies operating in the abrysvo or arexvy market include Pfizer Inc.; GlaxoSmithKline plc (GSK)
What Are the Major Trends Shaping the Abrysvo Or Arexvy Market?
The significant trend in the abrysvo or arexvy market is centered on enlarging age indications, thus enhancing the vaccine's applicability across diverse age ranges, reinforcing societal health safeguards, and enlarging market penetration. The bivalent RSV prefusion F (RSVpreF) vaccine is one such vaccine engineered to offer immunity against the respiratory syncytial virus (RSV), focusing on both RSV-A and RSV-B subclasses. For instance, in October 2024, Pfizer Inc., a US-based pharmaceutical firm, was granted FDA authorization for ABRYSVO (RSV Vaccine), a bivalent RSV prefusion F (RSVpreF) vaccine, to prevent lower respiratory tract diseases in adults aged between 18 to 59 who are at a higher risk, thereby extending its indication to a wider adult demographic. This remains the sole approved RSV vaccine for expectant individuals between 32-36 weeks of gestation meant to protect newborns from birth until they are 6 months old.
What Are the Key Segments of the Abrysvo Or Arexvy Market?
The abrysvo or arexvy market covered in this report is segmented -
1) By Clinical Indication: Respiratory Syncytial Virus (RSV) Prevention, Infant Protection
2) By Age Group: Adults (18-59 years), Older Adults (60+ years), Pregnant Individuals (32-36 weeks of gestation)
3) By End User: Healthcare Providers, Pregnant Individuals, High-Risk Adults
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Which Region Dominates the Abrysvo Or Arexvy Market?
North America was the largest region in the abrysvo or arexvy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the abrysvo or arexvy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Is Covered In The Abrysvo Or Arexvy Global Market Report?
- Market Size Analysis: Analyze the abrysvo or arexvy Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the abrysvo or arexvy 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 abrysvo or arexvy market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the abrysvo or arexvy market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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