Global Vaccine Market, the most recent market research study from Emergen Research, offers an estimated market size and share, recent industry trends, global market growth rates, key drivers and opportunities, challenges, product segmentation, and major market players. Price structure, market size, level of competition, product line and specifications, and company biographies.
The intensive primary and secondary research, as well as the qualitative and quantitative analysis of important market segments, led to the creation of the Vaccine Market study. Business professionals have additionally endorsed and confirmed the clever knowledge. The purpose of the report is to offer more information on the lead-free piezoelectric ceramic material industry's overall market environment.
According to Emergen Research's most recent analysis, the worldwide vaccine market reached USD 45.20 billion in 2021 and is projected to grow at a 9.7% revenue CAGR. One of the major elements propelling the rise in infectious diseases in developing nations is market revenue expansion. Infectious disease prevalence is rising globally, which puts more strain on healthcare systems and slows socioeconomic development in some nations. Moreover, the rise in the incidence of infectious diseases including malaria, the flu, hepatitis, and HIV/AIDS is fueling revenue growth. A further obstacle to the fight against infectious diseases like pneumonia, cholera, malaria, and diarrhoea is the rise of microbial strains that are resistant to common antibiotics.
The market is expanding as a result of rising investment in vaccination RD and rising need for new medications to replace those that have degraded in effectiveness. The growth of the global vaccination business has been facilitated by increased funding from public and private organisations as well as by supportive governmental regulations.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Pfizer, Inc., CSL Limited, Merck Co., Inc., AstraZeneca, Johnson Johnson, Serum Institute of India Pvt., Ltd., GlaxoSmithKline PLC, Sanofi Pasteur SA, Emergent Biosolutions, Inc., and Biological E
Target Audience of the Global Vaccine Market Report:
- Key Market Players
- Investors
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentations of the Vaccine Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Vaccine market on the basis of product, application, and region:
Segments Covered in this report are:
- Type Outlook (Revenue, USD Billion; 2019-2030)
- Monovalent Vaccines
- Multivalent Vaccines
- Patient Type Outlook (Revenue, USD Billion; 2019-2030)
- Pediatric Patients
- Adult Patients
- Technology Outlook (Revenue, USD Billion; 2019-2030)
- Inactivated Subunit Vaccines
- Conjugate Vaccines
- Recombinant Vaccines
- Live Attenuated Vaccines
- Toxoid Vaccines
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Some Key Highlights From the Report
- The monovalent vaccine segment accounted for a significant revenue share in 2021. Monovalent vaccination is intended to immunize only one microbe and one antigen (for example, measles vaccine). This type of vaccination is preferred for inducing a high immunological response.
- The pediatric segment revenue is expected to register a steady growth rate during the forecast period. Increasing attempts by companies to develop effective pediatric vaccinations for prevention of illness is expected to drive pediatric vaccine segment revenue growth.
- The recombinant vaccine segment is expected to lead in terms of revenue contribution to the global market over the forecast period. Recombinant vaccines can be easily produced and have lesser risks as compared to other vaccines.
- The Asia Pacific market is expected to register a considerably rapid growth rate in the global vaccine market over the forecast period owing to increased vaccine awareness and immunization initiatives. Rising cases of severe infectious diseases including novel coronavirus disease and growing demand for COVID-19 vaccines are driving market growth in this region.
Additional information offered by the report:
- Along with a complete overview of the global Vaccine market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Vaccine market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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