Press release
Hepatitis B Vaccine Market Report Analysis and Research Studies, Comprehensive Insights and Key Players - Sanofi, GlaxoSmithKline plc, Indian Immunologicals Limited.
The Global Hepatitis B Vaccine Market reached USD 4.3 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 6.1 billion by 2031. The global hepatitis B vaccine market is expected to exhibit a CAGR of 4.6% during the forecast period (2024-2031)Hepatitis B Vaccine Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Hepatitis B vaccine is an immunization that protects against Hepatitis B virus (HBV), a serious liver infection that can become chronic and lead to liver failure, cirrhosis, or cancer. It stimulates the immune system to produce protective antibodies that prevent HBV infection. The vaccine is recommended for newborns, healthcare workers, and high-risk individuals. It is administered in multiple doses for long-term immunity. Global vaccination programs have significantly reduced Hepatitis B transmission rates.
List of the Key Players in the Hepatitis B Vaccine Market:
Merck & Co., Inc, Sanofi, GlaxoSmithKline plc, Indian Immunologicals Limited, LG Chem, KM Biologics, Dynavax Technologies, Bharat Biotech, Serum Institute of India Pvt. Ltd, and Biological E Limited.
Industry Development:
February 2023: Dynavax received approval from the United Kingdom's Medicines and Healthcare products Regulatory Agency (MHRA) for HEPLISAV B, a two-dose adult Hepatitis B adjuvanted vaccine. This approval grants marketing authorization for HEPLISAV B in Great Britain for the active immunization against hepatitis B virus (HBV) infection, covering all known HBV subtypes in adults aged 18 and older.
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Growth Forecast Projected:
The Global Hepatitis B Vaccine Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Hepatitis B Vaccine Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Hepatitis B Vaccine Market:
By Type: Combination Vaccines, Single Antigen Vaccine
By End-User: Hospitals, Clinics, Vaccination Centre, Others
Regional Analysis for Hepatitis B Vaccine Market:
The regional analysis of the Hepatitis B Vaccine Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Hepatitis B Vaccine market?
➠ Who are the leading manufacturers in the global Hepatitis B Vaccine industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Hepatitis B Vaccine industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Hepatitis B Vaccine market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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