Vaccines, also known as immunizations, are a key component of primary health care. Vaccines reduce the risks of contracting diseases by working with the body’s natural defines system to build protection. According to the World Health Organization (WHO), vaccines currently prevent 2-3 million deaths every year from diseases such as tetanus, diphtheria, pertussis, measles, and influenza. Growing awareness and increasing investment by the government are boosting sales.
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Key Market Insights:-
The Global Vaccines Market was valued at USD 61.04 billion in 2021 and is projected to grow to USD 125.5 billion in 2028, at a CAGR of 10.85%.
Vaccines are biological products that stimulate the immune system to produce a response to a particular pathogen, such as a virus or bacteria, without causing disease. Vaccines contain either parts of the pathogen or a weakened or inactivated form of the pathogen that cannot cause disease but can still provoke an immune response.
Vaccines have been used for many years to prevent the spread of infectious diseases, and they have been proven to be safe and effective. Some of the diseases that can be prevented by vaccines include measles, mumps, rubella, chickenpox, polio, hepatitis B, HPV, influenza, and COVID-19.
Key Players in the Global Market to Focus on Expanding their Customer Base:-
Prominent Companies to Est. Industry experts abolish Various Corporate Strategies to Aid in Global Expansion. These players are focusing on strategic collaborations and partnerships to expand their market presence and strengthen their product portfolio.
Major Players Driving the Growth of the Vaccines Market:
- GlaxoSmithKline plc. (UK)
- Merck & Co., Inc. (US)
- Pfizer, Inc. (US)
- Sanofi (France)
- CSL Limited (Australia)
- Emergent BioSolutions, Inc. (US)
- Johnson & Johnson Services, Inc. (US)
- AstraZeneca (UK)
- Bharat Biotech Ltd. (India)
- Novavax, Inc. (US)
- FSUE NPO Microgen (Russia)
- Sinovac Biotech, Ltd. (China)
- Incepta Vaccine Limited (Bangladesh)
- Valneva SE (France)
- VBI Vaccines (US)
SEGMENTATION
The report focuses on studying the Vaccines market on the basis of segments by manufacturers, by type, by application, by region and country. It also offers information about market size (value, volume, sales and revenue) and CAGR for the historical period (2017-2020) and forecast period (2022-2028), considering 2021 as the base year.
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By Technology
- Live Attenuated Vaccines
- Conjugate Vaccines
- Inactivated Vaccines
- Toxoid Vaccines
- Recombinant Vaccines
- Other Vaccines
By Disease Indication
- Pneumococcal Disease
- Influenza
- Human Papillomavirus
- Meningococcal Disease
- Rotavirus,
By Region
- North America
- Europe
- Asia Pacific
- The Middle East & Africa
- South America
Why Purchase the Report?
- The report includes information such as market dynamics scenario, opportunities and challenges during the forecast period
- Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
- Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.
- The competitive landscape comprises a share of key players, offering products, relevant financial information, recent developments, SWOT analysis, and strategies.
- Understand the current market scenario and viability of the global market over the forecast period.
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Some of the key questions answered in this report:
- What can we estimate about the anticipated growth rates and also the global Vaccines Market industry size by 2028?
- What will happen in the coming existing and emerging markets?
- What will the market development pace of market?
- Which are the five top players in the Vaccines market?
- How will the Vaccines Market change in the upcoming years?
TABLE OF CONTENTS-
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Vaccines Market
Chapter 5. Global Vaccines Market Overview, By Technology, 2015 – 2028(USD Million)
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