Press release
Comprehensive Multivalent Vaccines Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Multivalent Vaccines Market Size
Increasing occurrences of infectious diseases are anticipated to fuel the multivalent vaccines market's development. Infectious diseases, caused by microbes such as bacteria, viruses, fungi, or parasites, spread via direct touch, contaminated areas, or through air or water, and their severity can vary. International travel facilitates the rapid dispersal of these illnesses by enabling microbes to cross boundaries swiftly and infect fresh groups. Multivalent vaccines confer broader protection against infectious diseases as they target several strains of the pathogen in a single dose, eliminating the necessity for distinct injections. This wide-ranging protection enhances community immunity and reduces the prevalence of diseases, consequently improving public health. For example, a report published by TravelHealthPro, a UK-based website endorsed by the UK Health Security Agency, in April 2024, stated that the UK noted 2,004 malaria cases in 2023, a rise from 1,369 imported cases documented in 2022. Hence, escalating infectious disease occurrences are promoting the growth of the multivalent vaccines market.
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What is the future CAGR of the multivalent vaccines market, and how will it impact industry expansion?
The market for multivalent vaccines has seen robust growth in the past few years. It's forecast to expand from $8.37 billion in 2024 to $9.2 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.0%. Factors contributing to its growth in the historic period include heightened public consciousness about immunization, increased governmental backing, a surge in the demand for pediatric multivalent vaccines, more funding for vaccine research, and a growing demand for multivalent vaccines.
The market for multivalent vaccines is predicted to experience substantial growth in the upcoming years, ballooning to a value of $13.32 billion by 2029 with a compound annual growth rate (CAGR) of 9.7%. Factors fuelling this projected expansion include a rise in the incidence of infectious diseases, an aging population, increased investment by both government and private sectors, an enhanced concentration on vaccine safety and efficiency, and a heightened focus on therapeutic vaccines. The forecast period is likely to see heightened attention on combination vaccines, the incorporation of digital health technologies, advances in mRNA technology, the creation of personalized vaccines, and a surge in research initiatives.
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What are the most significant trends transforming the multivalent vaccines market today?
Leading firms in the multivalent vaccines market are turning their attention to the fabrication of sophisticated pentavalent vaccines. The objective is to enhance public health results by offering all-encompassing protection with just one injection. A pentavalent vaccine is an all-in-one vaccine developed to defend against five varied pathogens or strains. Bundling these protections into one vaccine simplifies vaccination schedules and turbocharges overall vaccine uptake. For example, in December 2023, Panacea Biotec Ltd., an Indian biotech firm, introduced EasyFourPol. The vaccine, which doesn't require any preparation by health staff, protects against five severe diseases including diphtheria, tetanus, pertussis, polio, and infections caused by Haemophilus influenzae Type B. This pre-prepared combination vaccine, which is also the first fully liquid vaccine worldwide, transforms the vaccination process into a more streamlined service. It delivers protection equivalent to single-antigen vaccines, reduces pediatric clinic visitation, and trims down total vaccination expenses. Plus, by lowering the demand for containers, needles, and packaging, it adds to vaccination efficiency and cuts the environmental impact.
Which key market segments comprise the multivalent vaccines market and drive its revenue growth?
The multivalent vaccinesmarket covered in this report is segmented -
1) By Type: Conjugate Vaccines, Inactivated And Subunit Vaccines, Live Attenuated Vaccines, Toxoid Vaccines, Recombinant Vaccines
2) By Disease: Influenza, Pneumonia, Hepatitis, Meningitis, Rotavirus
3) By Route Of Administration: Oral, Injectable
4) By Age Group: Pediatrics, Adults, Geriatrics
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Conjugate Vaccines: Polysaccharide Conjugate Vaccines, Protein Conjugate Vaccines
2) By Inactivated And Subunit Vaccines: Inactivated Whole Virus Vaccines, Subunit Protein Vaccines, Virus-Like Particle Vaccines
3) By Live Attenuated Vaccines: Live Attenuated Bacterial Vaccines, Live Attenuated Viral Vaccines
4) By Toxoid Vaccines: Diphtheria Toxoid Vaccines, Tetanus Toxoid Vaccines
5) By Recombinant Vaccines: Recombinant Protein Vaccines, Recombinant DNA Vaccines
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What regions are at the forefront of multivalent vaccines market expansion?
North America was the largest region in the multivalent vaccines market in 2024. The regions covered in the multivalent vaccines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the multivalent vaccines market?
Major companies operating in the multivalent vaccines market are Pfizer Inc., Merck & Co. Inc., Sanofi SA, AstraZeneca plc, Abbott Laboratories, Novartis AG, GlaxoSmithKline plc, Boehringer Ingelheim International GmbH, Moderna Inc., BioNTech SE, Zydus Lifesciences Limited, CSL Seqirus, Sinovac Biotech Ltd., GC Biopharma corp., Emergent BioSolutions Inc., Serum Institute of India Pvt. Ltd., Indian Immunologicals Ltd., Bavarian Nordic, Panacea Biotec Ltd., WestVac Biopharma Co. Ltd., VBI Vaccines Inc.
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What Is Covered In The Multivalent Vaccines Global Market Report?
•Market Size Forecast: Examine the multivalent vaccines market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the multivalent vaccines market for a structured understanding.
•Key Players Overview: Analyze major players in the multivalent vaccines market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the multivalent vaccines market.
•Segment Contributions: Evaluate how different segments drive overall growth in the multivalent vaccines market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the multivalent vaccines market.
•Industry Challenges: Identify potential risks and obstacles affecting the multivalent vaccines market.
•Competitive Landscape: Review strategic developments in the multivalent vaccines market, including expansions, agreements, and new product launches.
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