U.S. Vaccines Market to Exhibit 4.30% CAGR 2014-2020 due to Government-led Awareness Initiatives
View Report @ http://www.transparencymarketresearch.com/us-vaccine-market.html
Increased consumption of chicken in recent years has boosted the demand for poultry vaccines in the U.S.; moreover, rising prevalence of zoonotic diseases has propelled the U.S. animal vaccines market. The remarkably low risk of fatal and serious side effects of vaccines and awareness initiatives by government and non-profit organizations have fueled the U.S. vaccines market. On the other hand, the rigid regulatory pathway and high cost associated with vaccine handling, storage, and transportation are some of the restraining factors that are curbing the growth of this market.
The U.S. vaccine market has been broadly classified into the human vaccine market and the animal vaccine market in the U.S. On the basis of type, the human vaccine market is further divided into pediatric and adult vaccines. Furthermore, according to different antigens, the U.S. human vaccine market has been segmented into meningococcal, influenza, human papillomavirus (HPV), hepatitis, pneumococcal, combination vaccines and more. In 2013, in terms of revenue, the combination vaccines segment comprised the largest segment of the human vaccine market. Nevertheless, the pneumococcal vaccines market is expected to develop as the biggest segment till 2020, thanks to the projected increase in the sales of Prevnar 13 throughout the forecast period. In addition, the meningococcal vaccines segment is also expected to grow rapidly in the coming years.
The U.S. animal vaccines market has been classified into companion vaccines and livestock vaccines. Further classification of companion animal vaccines has been done into canine and feline, whereas the livestock animal vaccines segment has been segmented into the poultry, bovine, porcine, ovine, and equine sub-segments. In 2013, the canine vaccines segment held a slightly larger share than the feline vaccines segment in terms of revenue, owing to the higher average cost of canine vaccination. In livestock animal vaccines, in 2013, the bovine segment held the biggest share in the market, followed by porcine vaccines. Nevertheless, the poultry vaccines segment has been expected to exhibit a progressive CAGR between 2014 and 2020.
Get accurate market forecast and analysis on the U.S. Vaccine Market. Request a sample to stay abreast on the key trends impacting this market.
The U.S. vaccine market has gained traction in recent years and is expected to be one of the fastest growing markets in the healthcare segment. Some of the dominating players in the U.S. human vaccine market are Sanofi, Merck & Co., Inc., Pfizer, Ltd., Novartis International AG., and GlaxoSmithKline plc. As there is stiff competition among all these players in the U.S. market, introducing innovative and new vaccines is one of the ways used by these companies to remain dominant in the market. Some of the other prominent players in the U.S. animal vaccine market are Merial (animal health department of Sanofi), Merck & Co., Inc., Zoetis, Inc., and Boehringer Ingelheim. In 2013, Zoetis, Inc. accounted for the biggest share in the U.S. animal vaccine market, followed by Merck & Co., Inc.
Key segments of the XYZ market
U.S. Human Vaccine Market, by Type:
U.S. Human Vaccine Market, by Antigen
Hepatitis (A & B)
Human Papillomavirus (HPV)
Combination Vaccines (DTaP, DTaP-Hep B-IPV, DTaP-IPV and DTaP-IPV)
U.S. Animal Vaccine Market, by Animal Type:
Companion Animal Vaccine Market
Livestock Vaccine Market
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release U.S. Vaccines Market to Exhibit 4.30% CAGR 2014-2020 due to Government-led Awareness Initiatives here
News-ID: 689753 • Views: 184
More Releases from Transparency Market Research
Turbocharger Market – Growth, Trends and Demands Research Report and Forecast …
A turbocharger is essentially a device which enhances efficiency and power output of internal combustion engines. Increase in efficiency is achieved by forcing extra air into the combustion chamber. The extra air forced into the combustion chamber results in fuel addition and better combustion rate, which eventually boosts the conventional or naturally aspirated engine. A turbocharger has a compressor which is powered by a turbine. The turbine is propelled by
Cultured Marble Market – Future Scope and Ongoing Market Development By 2025
Cultured stone is a blend of stone particles and resins that is combined with pigments to produce a wide range of colors and realistic, natural looking patterns. It consists of cultured marble, cultured granite, and cultured onyx. Cultured marble is a precise blend of polyester resin, catalyst, fillers, and pigments, thoroughly mixed and placed into open molds which are coated with a gelcoat. The gelcoat is especially formulated so as
Mixer Granulator Market: Is Set To Grow According To Latest Research
Mixer granulators are an efficient and versatile blending device used for mixing of dry powders. They are used for fast dry & wet mixing, homogenizing, humidifying and granulating of the powder in Chemical, Pharmaceutical, Food, Cosmetic, Plastic, and general mixing Industries. Mixer granulator is consists of a bowl, feeder, outlet, control system, and impeller & chopper assembly. It is also used for size enlargement process in which mixtures of fine powders
Zinc–Bromine Batteries Market – Precise Analysis on Business Overview, Produ …
Zinc–bromine battery is a redox flow battery. A redox flow battery is the one in which most of the energy is stored by plating zinc as a solid on the anode during charging. In a cell of the zinc–bromine battery, there are two compartments filled with two different electrolytes. The two compartments are separated by a microporous polyolefin membrane. One electrolyte comes into action when a positive electrode reaction takes
More Releases for Vaccine
Tetanus Toxoid Vaccine Market
The report for Global Tetanus Toxoid Vaccine Market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. Market Highlights: Tetanus is an infectious disease caused by Clostridium tetani characterized by muscle spasms. The spasms may be very severe and even cause bone
Key Tools for Innovative Vaccine Designs: Vaccine Adjuvants
The report “NORTH AMERICA VACCINE ADJUVANTS MARKET” provides the detail description of market segmentation, applications, growth, size, and outlook. The market is projected to reach USD $278 Million by 2024, at a CAGR of 11.3%. An adjuvant is an immunological agent, which modifies the effect of other agents. Adjuvants can also act as an irritant, which engages and amplifies the body immune response. Adjuvants are added to vaccines to boost the
Vaccine Market Demand is Increasing
U.S. Vaccine Market: Snapshot The overall vaccine industry has strengthened itself in terms of its growth rate, with a relatively higher growth rate than most other healthcare market segments. Vaccination has been an invaluable addition to better public health, and has helped millions of children, adults and animals from deadly diseases. The CDC stated in a report that diseases such as diphtheria, polio, and smallpox have been fully eliminated, while measles,
Global HIV Vaccine Market & HIV Vaccine Clinical Trial Outlook 2022
Worldwide, around the 35 Million of the people are currently infected with the HIV and about 30 Million of the people died because of the AIDS infection. There is no human example of clearing an HIV infection naturally. HIV virus makes copies of it very quickly, many types of HIV exist and new types of virus are continue to rise. Many scientists are still trying to understand the specific ways
Peanut Allergy Vaccine Market
Allergies are medical conditions caused primarily by hypersensitivity of the immune system to some external stimulus. Allergy may cause anaphylaxis—a medical condition that can cause irritation of the skin, swelling of throat, shortness of breath, and in some cases, death. Allergies are caused by various allergens such as pollen grains, or certain foods such as peanuts. Vaccination is the process of administering antigenic material or a vaccine to stimulate one’s
Shingles Vaccine Market
The shingles vaccine market revenue is expected to grow at a robust rate over the forecast period. Shingles, also known as herpes zoster, is a viral infection that affects the cranial nerves that originate in the brain. It is caused by the varicella zoster virus, the same virus that also cases chicken pox. The virus can stay dormant for many years in the human body. Therefore, anyone who has had