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- 14 February 2020 22:10
Vaccines Market Exploring Future Growth 2019-2030 and Key Players - Pfizer, GlaxoSmithKline, Merck & Co
Vaccines market is expected to be valued at US$ 36,297.2 Mn in 2019 and is anticipated to grow at a CAGR of 6.0% from 2019 to 2030.
Vaccines are biological preparations which are used to boost immunity by activating acquired immunity against a particular disease. Vaccines typically constitutes of agents resembling a disease-causing microorganism. It is fabricated from either a weakened or killed form of the microbe, its surface protein or toxins. The process of administration of vaccine is known as vaccination. The vaccination agent assists the body in recognizing the agent as a threat and destroys it. Moreover, it helps the body to recognize and destroy any microorganism associated with the agent for future encounters.
Major Key Players of the Vaccines Market are:
Pfizer, GlaxoSmithKline, Merck & Co, Sanofi Pasteur(Sanofi), AstraZeneca, CSL Limited, Bavarian Nordic, Panacea Biotec Limited, PT Bio Farma (Persero) and Serum Institute of India Pvt. Ltd
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Rising incidences and prevalence of several diseases, namely hepatitis, tuberculosis, influenza and cholera is anticipated to ensure a strong demand for vaccination products worldwide. Similarly, growing support from both government and non-government establishments have been pivotal in contributing the growth of the global vaccines market. Moreover, growing initiatives to support immunization drives across developing economies, economies in transition and developed economies to control and eradicate vaccine-preventable diseases can primarily be attributed for the extensive adoption of vaccines globally. However, high costs associated with development, storage is likely to restrain the market to a certain extent.
Vaccines Market by Technology:
On the basis of technology, the vaccines market can be segmented into conjugate vaccines, live attenuated vaccines, toxoid vaccines, inactivated and subunit vaccines and recombinant vaccines. The conjugate vaccine segment accounted for the largest market share in the global vaccines market, owing to rising company investments and growing government support for development of conjugate vaccines.
Vaccines Market by Vaccine Type:
Similarly, in terms of disease indication the vaccines market can be segmented into Hepatitis, DT containing (including Polio), Pneumococcal Conjugate Vaccine (PCV), Meningococcal, Human Papillomavirus (HPV), Rotavirus, Influenza, Measles, Mumps, Rubella, Varicella, BCG, Cholera, IPV (Inactivated Polio Vaccine), OPV (Oral Poliovirus Vaccines), JE (Japanese Encephalitis), YF (Yellow Fever), Shingles, Typhoid, Rabies and other vaccine types
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Vaccines Market by Route of Administration:
Whereas, the route of administration segment can be classified broadly into three categories, namely oral administration, intramuscular and subcutaneous administration and other routes of administrations. Finally, based on end user the global vaccines market can be segmented into pediatric patients and adult patients.
Vaccines Market by Patient Type:
The segment of patient type can be broadly classified into pediatrics and adults. Widescale administraion of different types of vaccines among pediatric population, and active participation of both public & private establishments to carry out vaccine initiaves is anticipated to contribute significantly to the growth of the segment in the coming years.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Vaccines Market Size
2.2 Vaccines Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Vaccines Market Size by Manufacturers
3.2 Vaccines Key Players Head office and Area Served
3.3 Key Players Vaccines Product/Solution/Service
3.4 Date of Enter into Vaccines Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Vaccines Sales by Product
4.2 Global Vaccines Revenue by Product
4.3 Vaccines Price by Product
5 Breakdown Data by End User
5.2 Global Vaccines Breakdown Data by End User
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In the end, Vaccines industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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