Vaccines Market Trends and Growth Factors Analysis
                     The demand within the global market for vaccines has been rising on account of advancements
in the field of medical therapy and disease prevention, finds Transparency Market Research
(TMR). There is a high probability of new vendors emerging in the vaccines market in the years
to come. The historic trends have been suggestive of the opportunities that have aided market
growth in recent times. The leading vendors in the global vaccines market have engaged in core
research and development in order to earn increased revenues. Furthermore, these vendors
are projected to invest in new vaccination lines to elevate their standards of production.
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The competition in the global market for vaccines is expected to intensify in the years to come.
This is because a large number of established players are moving neck and neck in the quest to
develop more effective vaccines. The competition in the global  vaccines market has further
escalated on account of the emergence of newbie vendors in the global vaccines market. There
is a heavy possibility of strategic alliances being formed in the global vaccines market. Some of
the key players in the global vaccines market are CSL Ltd, Janssen Pharmaceutical Company,
GlaxoSmithKline plc., Pfizer, Inc.,  Mitsubishi Tanabe Pharma Corporation, and Sanofi Pasteur
SA.
Transparency  Market  Research  (TMR)  predicts  that  the  global  market  for  vaccines  would
expand at a healthy CAGR of 6.0% over the period between 2017 and 2025. Furthermore, the
cumulative value of the global vaccines market is projected to reach US$ 48.0 Bn by 2025-end,
rising up from a value of US$ 28.0 Bn in 2016. On the basis of vaccine type, the market for
toxoid vaccines is expected to expand in the years to come. Based on geography, the market for
vaccines in Europe is projected to accumulate humongous revenues in the years to come.
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Availability of Vaccines for Kids to Propels
The global market for vaccines caters to the masses of all age groups, including children. The
need to vaccinate children in order to prevent them from serious diseases is being felt across
the world. Hence, the global vaccines market is projected to expand alongside advancements in
the  field  of  disease  care  and  paediatrics.  Furthermore,  the  market  for  vaccines  has  also
expanded on account of the growth of new and advanced facilities across medical facilities such
as healthcare centers and hospitals. Doctors and medical practitioners recommend all essential
vaccines for people of various age groups which in turn pushes market growth.
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Emergence of New Selling Points to Aid Market Growth
The  global  market  for  vaccines  has  been  expanding  alongside  increase  in  the  number  of
distribution  channels  for  vaccines.  The  popularity  of  institutional  sales  for  the  purposeof
vaccination has created stellar opportunities for growth within the global market. Moreover,
hospitals  now  have  dedicated  sections  for  vaccination  and  treatment  which  has  in  turn
propelled market demand. Medication and injective vaccines are also available across retail
pharmacies, and this another key consideration from the perspective of market growth. The
revenue index of the global vaccines market is projected to reach new volumes in the years to
come.
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The review is based on TMR’s report titled, “Vaccines Market (Vaccine Type - Inactivated, Live
Attenuated, Toxoid, Conjugate; Valance - Monovalent, Multivalent; Route of Administration -
Oral,  Injectable;  Indication  -  Influenza,  Hepatitis,  Polio,  Meningococcal  Disease,
Pneumococcal Disease, DTP, Rotavirus, MMR, Human Papilloma Virus; Distribution Channel -
Institutional Sales, Hospital Pharmacies, Retail Pharmacies) - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2017 – 2025”.
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