Vaccines Market COVID-19 Impact Analysis, Industry Trends, Business Strategies, Opportunities and Forecast to 2027 Discussed in a New Market


VandanaKhatri

Uploaded on Jul 22, 2021

According to The Insight Partners market research study titled ‘Vaccines Market - Global Analysis and Forecasts by Technology, Disease Indication, Route of Administration, and Patient Type. The global vaccines market is expected to reach US$ 64,538.4 Mn in 2027 from US$ 36,998.8 in 2018. The market is estimated to grow with a CAGR of 6.5% from 2019-2027. The report highlights the trends prevalent in the global vaccines market and the factors driving the market along with those that act as deterrents to its growth. Request PDF Brochure : https://www.theinsightpartners.com/sample/TIPRE00015468/?utm_source=PPT&utm_medium=10443 Some of the prominent players operating in vaccines market are PFIZER INC, GlaxoSmithKline plc, Merck & Co., Inc., Sanofi, Johnson & Johnson Services, Inc, Panacea Biotec Limited, Astellas Pharma Inc., NOVAVAX, INC., VBI Vaccines Inc, and Bavarian Nordic. The market players are focused towards bringing new and innovative products and services to sustain their position in the market.

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Vaccines Market COVID-19 Impact Analysis, Industry Trends, Business Strategies, Opportunities and Forecast to 2027 Discussed in a New Market

Vaccines Market  Vaccines Market Forecast to 2027 - COVID- 19 Impact and Global Analysis by Technology (Recombinant Vaccines, Conjugate Vaccines, Live Attenuated Vaccines, Inactivated and Subunit Vaccines, and Toxoid Vaccines); Disease Indication (DTP (Diphtheria Tetanus toxoids and Pertussis), Influenza, Hepatitis, Respiratory Syncytial Virus (RSV), Dengue, Cytomegalovirus (CMV), and Other Diseases); Route of Administration (Oral, Injectable, and Other Routes of Administration); Patient Type (Pediatric Patients, and Adult Patients) and Geography Vaccines Market  Current and future Market Scenario  According to The Insight Partners market research study titled ‘Vaccines Market - Global Analysis and Forecasts by Technology, Disease Indication, Route of Administration, and Patient Type. The global vaccines market is expected to reach US$ 64,538.4 Mn in 2027 from US$ 36,998.8 in 2018. The market is estimated to grow with a CAGR of 6.5% from 2019-2027. The report highlights the trends prevalent in the global vaccines market and the factors driving the market along with those that act as deterrents to its growth.  The vaccines market by technology is segmented into Recombinant vaccines, Conjugate Vaccines, Live Attenuated Vaccines, Inactivated Vaccines, and Toxoid Vaccines. In 2018, the conjugate vaccines segment held a largest market share of 65.1% of the vaccines market, By Technology. This segment is also expected to dominate the market in 2027 as they are the most effective forms of immunization, used to prevent diseases in both infants and adults. Moreover, the similar segment is anticipated to also witness the fastest growth rate of 6.7% during the forecast period, 2019 to 2027 owing to the increasing demand for drugs to treat the disease.  Driving factors such as, growing focus on immunization programs, increasing support for vaccine development, rising prevalence of infectious diseases. However, the complexity and cost of vaccine manufacturing and soaring costs of vaccines are likely to pose a negative impact on the market growth. On the other hand, robust pipeline of vaccines is likely to have a positive impact on the growth of the global vaccines market in the coming years. Key Findings  The market players are focused towards bringing new and innovative products and services to sustain their position in the market. For instance, in December, 2018, The European Commission has granted marketing authorization for Dengvaxia, Sanofi’s dengue vaccine. The marketing authorization follows the October 18, 2018, recommendation by the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) to approve use of the dengue vaccine in European endemic areas. The developments performed by the companies are helping the market to grow in the coming years. Market Insights Rising prevalence of infectious diseasesis expected to boost the market growth over the years In the current era, there are increasing concerns of spread of infectious diseases with the changing environment. These emerging infectious diseases are a burden on public health but have also an impact on global economies. The new diseases such as HIV, hepatitis, dengue have attracted a huge concern for the government of the respective countries. There is also resurgence of diseases which seemed to be under control such as malaria, cholera and many more. According to the Centers for Disease control and Prevention in 2015, 16.8 million people in the US visited hospitals due to infectious and parasitic diseases. In Africa, chronic viral hepatitis affects around 70 million Africans (60 million with Hepatitis B and 10 million with Hepatitis C). Vaccines Market    Market Segments By Technology (Recombinant Disease Indication (DTP Vaccines, Conjugate Vaccines, Live (Diphtheria Tetanus toxoids Route of Administration (Oral, Attenuated Vaccines, Inactivated and Pertussis), Influenza, Injectable, and Other Routes of and Subunit Vaccines, and Toxoid Hepatitis, Respiratory Administration); Patient Type Vaccines) Syncytial Virus (RSV), Dengue, (Pediatric Patients, and Adult Cytomegalovirus (CMV), and Patients) Other Diseases) Vaccines Market  Dominating Segments    A vaccine is a biological preparation that provides active acquired immunity against a particular disease. A   vaccine consists of an agent that resembles or is a part of the disease-causing microorganism and is often made from weakened or killed forms of the microorganism, its toxins, or one of its surface proteins. The agent triggers the body's immune system to recognize the agent as a threat, destroy it, and to further recognize and destroy any of the microorganisms associated with that agent that it may encounter in the future.  The scope of the vaccines market includes technology, disease indication, route of administration, patient type, and region. The market for vaccinesis analyzed based on regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the vaccines market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world Dominating Segments Product Insights Increasing Support for Vaccine Development  In addition to the funds from traditional research-funding institutions, the Gates Foundation has invested hundreds of millions of dollars in R&D of new vaccines against the leading killers of children and adults everywhere. GAVI has established public-private partnerships to accelerate late-stage development and introduction of priority vaccines against diseases such as rotavirus and pneumococcus. These partnerships are designed to work with governments, donors, and industry to streamline demand, supply, and financing decisions. They coordinate and fund the efforts of partners supporting national decision makers whether to introduce these new products, ensuring a reliable and sustainable supply of affordable vaccine to developing countries, and reducing risks and creating incentives for private investment to ensure access to the product. Global Vaccine Fund commits $150 Million in vaccines and funding over five years to 13 developing countries. Countries will receive financial and technical assistance in order to strengthen basic immunization systems and to introduce newer, under-used vaccines such as hepatitis B and Haemophilusinfluenzae type b (Hib). Some countries will receive support in both areas. Thus the growing support for vaccine development is likely to favor market growth.  Download PDF Brochure https://www.theinsightpartners.com/sample/TIPRE00015468/ Dominating Segments The report segments the global Vaccines market as follows: By Technology Recombinant vaccines Conjugate Vaccines Live Attenuated Vaccines Inactivated Vaccines Toxoid Vaccines By Disease Indication DTP (diphtheria, tetanus, and pertussis) Influenza Hepatitis Dengue Cytomegalovirus (CMV) Respiratory Syncytial Virus (RSV) Other Diseases Dominating Segments By Route of Administration Oral Injectable Other By Patient Type Adult Patients Pediatric Patients Vaccines Market   Leading Players Company Profiles in Vaccines Market are: PFIZER INC GlaxoSmithKline plc. Merck & Co., Inc. Sanofi Johnson & Johnson Services, Inc Panacea Biotec Limited Astellas Pharma Inc. NOVAVAX, INC. VBI Vaccines Inc. Bavarian Nordic REGIONAL FRAMEWORK REGIONAL FRAMEWORK Vaccines Market    Access Full Research Report at: https://www.theinsightpartners.com/reports/vaccines-market   Thank You! Thank You!