Quadintel published a new report on the Global Vaccines Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Vaccines Market is valued at approximately USD 47.74 billion in 2021and is anticipated to grow with a healthy growth rate of more than 7.0% over the forecast period 2022-2028.
A vaccine is a biological product that offers vigorous acquired immunity to a specific infectious disease. A vaccine is used to boost the creation of antibodies and deliver immunity against one or several diseases. It comprises an agent that mimics a disease-causing microorganism and is usually produced from a debilitated or killed form of the microbe, its toxins, or one of its surface proteins.
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The growing occurrence of emerging and re-emerging infectious diseases, rising focus on immunization programs, increasing government support for vaccine development, and rising industry initiatives to augment vaccine R&D activities are the chief factors that may surge the market demand across the globe. For instance, as per the UNICEF, in November 2019, about 260,000 vaccination doses were delivered to prevent measles in Tonga, Samoa, and Fiji. However, the high cost of vaccine development impedes the growth of the market over the forecast period of 2022-2028. Also, the rising inclination on therapeutic vaccines is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Vaccines market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to growing investments by the various non-government and government organizations for vaccine development and the high prevalence of infectious diseases. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as rising government initiatives, growing healthcare expenditure, and the presence of a large patient population would create lucrative growth prospects for the Vaccines market across the Asia-Pacific region.
Major market players included in this report are:
Merck & Co., Inc.
Emergent BioSolutions, Inc.
Johnson & Johnson
Serum Institute of India Pvt. Ltd.
Mitsubishi Tanabe Pharma Corporation
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
Inactivated and subunit vaccines
Live attenuated vaccines
By Disease Indication:
Other disease indications
By Route of Administration:
Intramuscular and subcutaneous administration
Other routes of administration
By Patient Type:
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Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Vaccines Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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Table of Contents:
- Market Overview
- Market Definition and Scope
- Market Dynamics
- Market Industry Analysis
- Market, Regional Analysis
- Analysis of Leading Companies
- Competitive Intelligence
- Research Process
- Market Analysis and Forecast, By Product Types
The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
What aspects regarding the regional analysis Market are included in this report?
- Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East and Africa region.
- The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
- The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
- Based on what factors are the key market players assessed in this report?
- The report offers detailed analysis of leading companies in the market across the globe.
- It provides details of the major vendors involved in the Market including Key Players
- A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
- the manufactured products is incorporated in the report.
- The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
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