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Key Driver Reshaping the Zostavax Market in 2025: Impact Of Healthcare Infrastructure Expansion On Vaccine Accessibility And Uptake

02-21-2025 01:15 PM CET | Health & Medicine

Press release from: The Business Research Company

Zostavax Market Size

Zostavax Market Size

What Are the Projected Growth and Market Size Trends for the Zostavax Market?
In recent times, the zostavax market has experienced a $XX (CAGR). The market is projected to witness growth from $XX million in 2024 to $XX million in 2025, burgeoning at a compound annual growth rate (CAGR) of $XX%. Factors contributing to the growth during the historic period include the expansion in preventive healthcare, enhanced vaccine accessibility, surge in insurance coverage, heightened awareness concerning shingles and associated complications, and the incorporation of shingles vaccines within national immunization programmes.

In the coming years, the Zostavax market is projected to witness a compound annual growth rate (CAGR) of $XX%, expanding to a size of $XX million by 2029. This growth over the forecast period can be traced back to factors such as the increasing rate of new shingles vaccine approvals by governing bodies, cost-effectiveness of vaccines as compared to treatments, an upsurge in new vaccine approvals, the widespread acceptance of Shingrix in developed nations, and a growing instance of chronic diseases. Key trends predicted for the forecast period encompass a shift towards more sophisticated products, initiatives by companies to research and develop new vaccines, public health campaigns and initiatives by governments, efforts to enhance programs in rural regions to boost awareness and accessibility of the shingles vaccine, and advancements in technology.

What Is Driving the Growth Trajectory of the Zostavax Market?
The expected advancement of the healthcare infrastructure within developing nations is seen as a catalyst propelling the growth trajectory of the zostavax market. This advancement includes the collective upgrade of facilities, equipment, human resources, and necessary healthcare provision system needed to provide efficient care to the populace. The predominant cause for the improvement of healthcare in these nations is attributed to the increased investments into healthcare facilities and better accessibility to medical services. The existing healthcare infrastructure plays an instrumental role in administering zostavax by providing the essential resources, facilities, and healthcare delivery systems, majorly provided within clinics, hospitals, and pharmacies. For instance, the Department of Health and Social Care, a UK government body, confirmed in May 2023, an inflow of around $25.33 billion (£20 billion) into the New Hospital Programme, aimed at meeting its promise of building 40 new hospitals in England by the year 2030. This programme, in a bid to ensure mental and physical healthcare equity, involves replacement of five RAAC hospitals and addition of three mental health facilities, to put an end to dormitory-style accommodation in mental health institutions. Currently, two hospitals have been completed, five are being constructed, and over 20 are expected to be either underway or completed by the end of the following year. Therefore, the burgeoning healthcare infrastructure within developing nations is a key driver of the growth in the zostavax market.

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Which Leading Companies Are Shaping the Growth of the Zostavax Market?
Major companies operating in the zostavax market are Merck & Co. Inc.

What Are the Key Segments of the Zostavax Market?
The zostavax market covered in this report is segmented -

1) By Formulation: Recombinant Vaccine (Shingrix); Live Attenuated Vaccine (Zostavax)
2) By Indication: Shingles Prevention; Post-Herpetic Neuralgia
3) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies

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Which Region Dominates the Zostavax Market?
North America was the largest region in the zostavax market in 2024. The regions covered in the zostavax market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Zostavax Global Market Report?

- Market Size Analysis: Analyze the zostavax Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the zostavax 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 zostavax market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the zostavax market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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