Market Industry Reports (MIR) has published a new report titled “Vaccines Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global vaccines market was estimated to be over US$ 30.0 Bn in 2018 and is likely to clock a significant CAGR from 2019 to 2030.
This report analyzes the current and future scenario of the global Vaccines Market. Increase in patient population, growth of the pharmaceutical industry, rise in government investments for vaccination programs, improvement in health care infrastructure, and surge in the number of clinical trials are projected to be the major drivers of the global market during the forecast period.
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The vaccines market report comprises an elaborate executive summary, which includes a snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to the segments based on product type, distribution channel, sector, and region. A detailed qualitative analysis of drivers and restraints of the market, and opportunities has been provided in the overview section. Additionally, the section comprises competitive matrix and company profiles along with business overview to understand the competitive landscape in the market. This section of the report also provides market share analysis by key players, thereby presenting a thorough analysis of the overall competitive scenario in the vaccines market.
Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Vaccines Market by Technology (Conjugate Vaccines, Live Attenuated Vaccines, Toxoid Vaccines, Inactivated and Subunit Vaccines and Recombinant Vaccines), Type (Monovalent Vaccines and Multivalent Vaccines), Disease Indication (Pneumococcal Disease, Influenza, Meningococcal Disease, Rotavirus, MMR, Dengue, DTP, HPV, Polio, Hepatitis, Varicella and Herpes Zoster), Route of Administration (Oral Administration, Intramuscular and Subcutaneous Administration) and Patient Type (Pediatric Patients, Adult Patients) – Analysis & Forecast 2019-2030. in detail along with the table of contents:
However, vaccine development is cost intensive & cumbersome procedure, also vaccine requires strict storage & handling guidelines that are major factors inversely affecting the prosperous growth of the market. Moreover, complexity of vaccine products, marketing approval procedures, and high cost of development among others, are known to affect the growth of the global vaccine market to a certain extent. For instance, high investment of capital in equipment, property, and high manufacturing costs as compared to conventional generic drugs coupled with complexity in manufacturing processes, are few factors limiting the growth of the global vaccines market. Similarly, strict guidelines for packaging, storing, handling and transportation of vaccine products are few factors which are likely to restrain the prosperous growth of this market.
Asia Pacific is estimated to witness the highest CAGR in the market during the forecast period. The growth of this region can be attributed to several factors, namely growing economy, rising focus of major market players, increasing population and supportive government healthcare regulations and norms. Moreover, rising incidences of infectious diseases and increasing awareness regarding importance of immunization are expected to present an attractive growth prospect for the global vaccines market in the coming years.
The prominent players in the global vaccines market are Pfizer Inc., GlaxoSmithKline plc., Merck & Co., Inc., Sanofi Pasteur Limited, Emergent BioSolutions Inc., Johnson & Johnson Services, Inc., Serum Institute of India Pvt. Ltd., AstraZeneca, Panacea Biotec Limited, Bavarian Nordic, Biological E and CSL Limited among others.
Key Point of Table of Contents:
COMPANY PROFILES (Business Overview, Products Offered, Financial Performance*, Recent Developments)
- Pfizer Inc.
- GlaxoSmithKline plc.
- Sanofi Pasteur Limited
- Emergent BioSolutions Inc.
- Johnson & Johnson Services, Inc.
- Serum Institute of India Pvt. Ltd.
- AstraZeneca
- Panacea Biotec Limited
- Bavarian Nordic
- Biological E
- CSL Limited
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