Global Vaccines Market Reviews, Methodology and Technological advancements forecast 2023
Global vaccines market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
The vaccines market is expected to reach US$ 50.42 Billion by 2023 from US$ 36.45 Billion in 2018, at a CAGR of 6.7%. Rising prevalence of diseases, increasing government and non government funding for vaccine development, and increasing company initiatives to enhance R&D are driving the growth of the vaccines market.
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Based on the disease indication, the vaccines market is segmented into pneumococcal disease, influenza, DTP, hepatitis, human papillomavirus (HPV), rotavirus, meningococcal disease, MMR (measles, mumps, and rubella), varicella, polio, herpes zoster, dengue, and other disease indications. The pneumococcal segment is expected to account for the largest share of the vaccines market in 2018.
North America is expected to account for the largest share of the market followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. The high growth in this segment is attributed to the increasing investments by companies in India and China, rising disposable income, growing number of awareness programs and symposia, and growing venture capital investments.
The Study Objectives of this report are:
- To describe and forecast the market, in terms of value, by region–Asia, Europe, North America, and Rest of the World (RoW) along with their respective countries
- To define, describe, and forecast the global market on the basis of technology, type, disease indication, route of administration, and patient type
- To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and challenges)
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders
- To analyze strategic approaches such as product launches, acquisitions, contracts, agreements, and partnerships in the market
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Top Key Players in the “Vaccines Market” include are
- GlaxoSmithKline plc (US)
- Pfizer, Inc. (US)
- Merck & Co., Inc. (US)
- Sanofi Pasteur SA (France)
- CSL Limited (Australia)
- Emergent BioSolutions, Inc. (US)
- Johnson & Johnson (US)
- MedImmune, LLC (US)
- Astellas Pharma Inc. (Japan)
- Serum Institute of India (India)
- Bavarian Nordic (Denmark)
- Mitsubishi Tanabe Pharma Corporation (Japan)
- Daiichi Sankyo Company, Limited (Japan)
- Biological E (India)
- Panacea Biotec (India)
Target Audience:
- Research and development companies
- Manufacturers and suppliers of vaccines
- Medical research laboratories
- Academic medical centers and universities
- Venture capital firms
- Research and consulting firms
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Reason to buy this report:
Vaccines market eport will help the market leaders/new entrants in this market by providing them with the closest approximations of revenues for the overall vaccines industry and its sub segments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies make suitable go-to-market strategies.
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