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Impact Of Rising Birth Rates On Rotavirus Vaccine Market SizeGrowth: A Key Factor Shaping the Future of the Rotavirus Vaccine Market Sizein 2025
How Are the key drivers contributing to the expansion of the rotavirus vaccine market?The anticipated surge in birth rates is projected to bolster the expansion of the rotavirus vaccine market. Birth rates, the count of live births per 1,000 individuals in a population during a certain period and typically given on a yearly basis, depend on elements such as economic prosperity and growth, as well as supporting regulations like parental leave, child benefits, and childcare aids. Using rotavirus vaccines can help lower severe rotavirus gastroenteritis cases in infants, enhancing child health results and decreasing the medical expenses linked to rotavirus infections. To illustrate, a report released by the Centers for Disease Control and Prevention, a public health institution in the US, stated that the United States saw a 1% rise in recorded births, amounting to 3,664,292, in January 2023, in comparison to the prior year. Consequently, the expected increase in birth rates is anticipated to fuel the expansion of the rotavirus vaccine market.
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What growth opportunities are expected to drive the rotavirus vaccine market's CAGR through 2034?
The for the rotavirus vaccine has seen a significant upturn in the recent past. The Market Sizeis predicted to grow from a valuation of $9.18 billion in 2024 to approximately $10.14 billion in 2025, registering a compound annual growth rate (CAGR) of 10.5%. Factors such as heightened awareness of rotavirus, enhanced healthcare facilities, government-driven immunization initiatives, growing instances of rotavirus infections, and an increase in birth rates have collectively contributed to this growth during the historic period.
In the coming years, the Market Sizefor rotavirus vaccines is predicted to expand swiftly. It is projected to reach a value of $14.96 billion by 2029, growing at a compound annual growth rate (CAGR) of 10.2%. Increased birth rates, the broadening of vaccination schemes, a greater emphasis on preventive healthcare, economic progression, and enhanced access, together with government strategies and financial support are the key driving factors for expansion in the forecast period. The forecast period will witness certain notable trends, including progress in vaccine technology, improvements in oral dosing techniques, refined vaccine compositions, combined vaccines, and incorporation of digital health.
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What are the emerging trends shaping the future of the rotavirus vaccine market?
Leading firms in the rotavirus vaccine marketplace are implementing the use of oral-dosing applicators to elevate the effectiveness of vaccine delivery and raise patient adherence. These applicators, designed for medical use, provide liquid drugs or vaccines directly into the mouth, guaranteeing precise dosage and simplicity of use, notably for infants and young kids. For example, in November 2022, GSK plc, a pharmaceutical and biotechnology firm based in the UK, gained U.S. Food and Drug Administration (FDA) endorsement for a new oral-dosing applicator-only variant of ROTARIX (Rotavirus Vaccine, Live, Oral). This liquid variant counteracts rotavirus gastroenteritis brought on by G1 and non-G1 types (G3, G4, and G9) in infants. The new format streamlines vaccine preparation for health professionals by removing the requirement for dose reconstitution at the time of use.
Which growth-oriented segments of the rotavirus vaccine Market Sizeare leading the industry's development?
The rotavirus vaccine Market Sizecovered in this report is segmented -
1) By Type: Rotarix, RotaTeq, Rotavac, Rotavin-M1, Lanzhou lamb, Other Types
2) By Application: Adult, Pediatric
3) By End Users: Hospitals, Clinics, Academic Research
Subsegments:
1) By Rotarix: Dosing Schedule And Administration, Efficacy And Safety Profile, Target Demographics
2) By RotaTeq: Dosing Schedule And Administration, Efficacy And Safety Profile, Target Demographics
3) By Rotavac: Dosing Schedule And Administration, Efficacy And Safety Profile, Target Demographics
4) By Rotavin-M1: Dosing Schedule And Administration, Efficacy And Safety Profile, Target Demographics
5) By Lanzhou Lamb: Dosing Schedule And Administration, Efficacy And Safety Profile, Target Demographics
6) By Other Types: Emerging Rotavirus Vaccines, Combination Vaccines, Region-Specific Vaccines
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What regions are leading the charge in the rotavirus vaccine market?
North America was the largest region in the rotavirus vaccine Market Sizein 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rotavirus vaccine Market Sizereport are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the rotavirus vaccine market?
Major companies operating in the rotavirus vaccine Market Sizeare Merck & Co. Inc., Sanofi S.A., Abbott Laboratories, GlaxoSmithKline plc, Daiichi Sankyo Company Limited, Serum Institute of India Private Limited, Sinovac Biotech Ltd., SK Chemicals Co Ltd., Bharat Biotech International Limited, Walvax Biotechnology Co. Ltd., Indian Immunologicals Limited, PT Bio Farma, KFF Inc., Panacea Biotec Limited, Sanyou Biopharmaceuticals Co. Ltd., Inovio Pharmaceuticals Inc., Hilleman Laboratories Private Limited, China National Biotec Group Corporation, Vabiotech, Lanzhou Institute of Biological Products Co. Ltd., Nuvonis Pharmaceuticals Inc., Chengdu Institute of Biological Products Co. Ltd
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What Is Covered In The Rotavirus Vaccine Global Market SizeReport?
• Forecast: Examine the rotavirus vaccine across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the rotavirus vaccine Market Sizefor a structured understanding.
•Key Players Overview: Analyze major players in the rotavirus vaccine market, including their Market Sizevalue, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the rotavirus vaccine market.
•Segment Contributions: Evaluate how different segments drive overall growth in the rotavirus vaccine market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the rotavirus vaccine market.
•Industry Challenges: Identify potential risks and obstacles affecting the rotavirus vaccine market.
•Competitive Landscape: Review strategic developments in the rotavirus vaccine market, including expansions, agreements, and new product launches.
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