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Human Papillomavirus (HPV) Vaccine: Core Growth Enabler in the Rising Prevalence Of HPV-Related Diseases Sparks Surge In Human Papillomavirus (HPV) Vaccine Market Growth Market, 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Human Papillomavirus (HPV) Vaccine Industry Market Size Be by 2025?
The market size for the Human Papillomavirus (HPV) vaccine has seen a swift expansion in the past few years. The market is projected to inflate from $5.8 billion in 2024 to $6.57 billion in 2025, marking a compound annual growth rate (CAGR) of 13.2%. The growth over the historical period is linked to factors such as the initial development of the vaccine, established medical guidelines and directives, government-backed vaccination drives, awareness initiatives about HPV hazards, and enhanced vaccine accessibility.
What's the Long-Term Growth Forecast for the Human Papillomavirus (HPV) Vaccine Market Size Through 2029?
The market size of the vaccine for human papillomavirus (HPV) is projected to experience swift expansion in the coming years. It's forecasted to reach $10.7 billion by 2029, with a compound annual growth rate (CAGR) of 13.0%. The projected growth can be linked to endeavors towards health justice and vaccine equity, inclusion of it in travel health advisories, strategic approach towards vaccination, investments from the pharmaceutical sector, and implementation of telemedicine and remote vaccination. Predominant trends in this forecast period comprise advancement in adjuvant technology, the critical role of HPV vaccination in the health of LGBTQ+ individuals, emphasis on populations with compromised immune systems, incorporation with cancer detection schemes, and establishment of community-oriented educational programs.
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What Are the Key Growth Drivers Fueling the Human Papillomavirus (HPV) Vaccine Market Expansion?
The escalating occurrence of HPV-related ailments is foreseen to fuel the expansion of the human papillomavirus (HPV) vaccine market in the future. HPV-connected ailments are viral contagions that often result in warts appearing on the skin or mucous membranes. The HPV vaccine is specifically designed to counteract the HPV subtypes. The HPV vaccine manages to keep the likelihood of an HPV infection and relapsing diseases in check. For example, in February 2023, as per the National Cancer Institute, a US-based division of the Department of Health and Human Services, approximately 13,960 American women are expected to be diagnosed with severe cervical cancer, and around 4,310 losses of life from this condition are projected in 2023 in the US. Additionally, 7.7 per 100,000 women per year new cases of cervical cancer were recognized, with a yearly mortality rate of 2.2 per 100,000 women. Consequently, the escalating prevalence of HPV-related diseases is propelling the expansion of the human papillomavirus (HPV) vaccine market.
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What Are the Key Trends Driving Human Papillomavirus (HPV) Vaccine Market Growth?
In the realm of the human papillomavirus (HPV) vaccine market, product advancements are an emerging trend. Firms involved in the HPV vaccine space are embracing novel technologies in order to maintain their market standing. To illustrate, the Serum Institute of India, a leading biotech and biopharmaceutical organization based in India, unveiled CERVAVAC in January 2023. This breakthrough product is known as the first one-of-a-kind quadrivalent Human Papillomavirus vaccine (qHPV) entirely developed by Indian scientists. In an effort to combat cervical cancer, the Indian government plans to administer this reasonably priced, cost-effective vaccine to girls aged 9 to 14.
How Is the Human Papillomavirus (HPV) Vaccine Market Segmented?
The human papillomavirus (hpv) vaccine market covered in this report is segmented -
1) By Type: Tetravalent, Nonavalent, Bivalent
2) By Disease Indication: Cervical Cancer, Anal Cancer, Vulvar And Vaginal Cancer, penile* Cancer, Oropharyngeal Cancer, Other Indications
3) By Distribution Channel: Hospital And Retail Pharmacies, Government Suppliers, Other Channels
4) By Industry Vertical: Public And Private Alliance, Government Entities, Physicians, Other Industries
Subsegments:
1) By Tetravalent: HPV 4 (Cervarix), HPV 4 (Gardasil)
2) By Nonavalent: HPV 9 (Gardasil 9)
3) By Bivalent: HPV 2 (Cervarix)
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Which Companies Are Leading the Charge in Human Papillomavirus (HPV) Vaccine Market Innovation?
Major companies operating in the human papillomavirus (HPV) vaccine market include Johnson & Johnson Co, Merck & Co Inc., Novartis AG, Sanofi SA, GlaxoSmithKline Plc, AstraZeneca Pharma Ltd., Astellas Pharma Inc., CSL Limited, UCB SA, Serum Institute of India Pvt Ltd., Beijing Wantai Biological Pharmacy Enterprise Co Ltd., Emergent BioSolutions Inc., Bharat Biotech International Ltd., Walvax Biotechnology Co Ltd., Bavarian Nordic AS, Biofarma Co, Vaccitech Plc, Inovio Pharmaceuticals Inc., R-Pharm LLC, PathoVax LLC
Which Regions Are Leading the Global Human Papillomavirus (HPV) Vaccine Market in Revenue?
North America was the largest region in the human papillomavirus (HPV) vaccine market in 2024. The regions covered in the human papillomavirus (HPV) vaccine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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