Luton, Bedfordshire, United Kingdom, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Preventable Vaccines Market.
The Global Preventable Vaccines Market is projected to reach US$ 95.7 Billion by 2029, rising at an appraised CAGR of 5.4% over the forecast period.
The market for preventive vaccinations may experience huge growth due to the pressing need to control infectious illnesses and their rising incidence around the world. Since they claim lives and spread to a significant portion of the population, infectious diseases are one of the greatest hazards. Vaccines are required to stop the same. Therefore, the market for vaccines that can be prevented may have good prospects in this area. A drug used to promote the body's creation of antibodies to create protection against certain diseases is known as a vaccine. Smallpox was the first illness to be treated with a vaccine in 1796, and vaccines have a long history. An individual is also shielded from recurrent infections by a vaccine. Vaccinations come in a variety of types, such as toxoid vaccines, live/attenuated vaccines, subunit vaccines, inactivated vaccines, and more. The body is protected by vaccinations against diseases that can be avoided, such as poliovirus, hepatitis, measles, mumps, rubella, influenza, pneumococcal, and others.
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Pharma Research Consulting offers a thorough analysis of the market, including both qualitative and numerical data. It offers an overview and prognosis of the market for vaccinations that prevent diseases based on different market categories. Additionally, it includes market size and forecast estimates for the five major regions of North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South and Central America for the years 2022 to 2029. Each region's market for preventive vaccinations is further divided into its corresponding countries and categories. The research includes a global analysis and projection for 18 nations as well as information on the trends and opportunities that are currently in the area.
Recent Development: -
- DS-5670, an mRNA vaccine against the new coronavirus infectious disease, is being tested in a trial in Japan, according to a recent announcement from Daiichi Sankyo Company, Limited (hence, Daiichi Sankyo) (COVID-19).
- To prevent a sharp decrease in the already low adult immunization rates, GSK has launched a national public awareness campaign.
- Merck, also known as MSD outside of North America and Canada, has announced that it will stop developing the SARS-CoV-2/COVID-19 vaccine candidates V590 and V591 and will instead concentrate on its SARS-CoV-2/COVID-19 research strategy and production resources on two therapeutic candidates, MK-4482 and MK-7110. This choice was made after Merck reviewed the results of the vaccines' Phase 1 clinical investigations. Although immunological responses to both V590 and V591 in these investigations were generally well tolerated, they lagged behind those seen after natural infection and those reported for other SARS-CoV-2/COVID-19 vaccines.
Report Attribute | Details |
Revenue forecast in 2029 | 95.7 Billion |
Growth Rate | CAGR of 5.4% from 2022 to 2029 |
Base year for estimation | 2021 |
Historical data | 2017-2021 |
Forecast period | 2022 - 2029 |
Quantitative units | Revenue in USD billion and CAGR from 2022 to 2029 |
Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments Covered | By Vaccines Types, By Disease, By Administration, By Patient |
Regional scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country scope | U.S.; Canada; U.K.; Germany; China; Japan; India; South Korea; Brazil |
Key companies profiled | AstraZeneca plc, Bavarian Nordic A/S, China National Biotec Group Company Ltd., CSL Ltd., Daiichi Sankyo Co. Ltd, Emergent BioSolutions Inc., GlaxoSmithKline plc, Johnson & Johnson, Merck & Co., Moderna Inc., Novavax, Inc., Pfizer Inc., Sanofi SA, Takeda Pharmaceutical Co. Ltd. And Others |
Preventable Vaccines Market Players
The major players operating in the global augmented reality industry include AstraZeneca plc, Bavarian Nordic A/S, China National Biotec Group Company Ltd., CSL Ltd., Daiichi Sankyo Co. Ltd, Emergent BioSolutions Inc., GlaxoSmithKline plc, Johnson & Johnson, Merck & Co., Moderna Inc., Novavax, Inc., Pfizer Inc., Sanofi SA, Takeda Pharmaceutical Co. Ltd. And Others
Impact Of COVID-19 on the Preventable Vaccines Market
Worldwide, the search for an efficient and secure vaccine is in full swing. Several businesses are competing to develop a potent vaccination. The market for preventive vaccines may experience explosive development once a COVID-19 vaccine is available. To hasten the development of vaccines, many businesses are now forming alliances and signing contracts with government regulatory bodies. The National Institute of Allergy and Infectious Diseases (NIAID) and GeoVax, for example, recently announced a license deal to boost vaccine research. As a result, these advances act as growth catalysts for the market for vaccines that can prevent disease.
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Key Market Segments: Preventable Vaccines Market
Global Preventable Vaccines Market: By Vaccines Types
- Live/Attenuated Vaccines
- Inactivated Vaccines
- Subunit Vaccines
- Toxoid Vaccines
- Conjugate Vaccines
- Recombinant Vector Vaccines
- Other Vaccines
Global Preventable Vaccines Market: By Disease
- Vaccines for Pneumococcal Disease
- Vaccines for Poliovirus
- Vaccines for Hepatitis
- Vaccines for Influenza
- Vaccines for Measles, Mumps, and Rubella (MMR)
- Vaccines for Varicella
- Vaccines for Human Papilloma Virus
- Vaccines for COVID-19
- Vaccines for Other Diseases
Global Preventable Vaccines Market: By Administration
- Intramuscular Route
- Subcutaneous Route
- Oral Route
- Intravenous Injection
- Other Administration Routes
Global Preventable Vaccines Market: By Patient
- Pediatric Vaccines
- Pneumococcal
- Measles, Mumps, and Rubella (MMR)
- Varicella
- Hepatitis
- Poliovirus
- Haemophilus Influenzae B (HIB)
- Other Diseases
- Adult Vaccines
- Influenza
- Cervical Cancer
- Hepatitis
- Zoster
- Other Diseases
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Anthrax Vaccines Market
The severe illness known as anthrax is caused by the spore-forming bacteria Bacillus anthracis. The disease primarily affects wild animals and livestock. However, exposure to anthrax-carrying animals, whether directly or indirectly, can cause human infection. A person's body is exposed to the bacterium that causes anthrax through a skin wound. Eating contaminated meat and inhaling bacterial spores are additional ways to become infected. Vomiting, fever, and skin lesions are a few anthrax symptoms. The disease is prevented by a three-dose course of the anthrax vaccine. Two popular types of anthrax immunizations are live anthrax vaccines and cell-free protecting agent (PA) vaccines.
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Vaccine Shippers Market
Vaccines are transported worldwide via Vaccine Shippers, which are temperature-controlled storage containers. vaccinations are shielded from alterations in temperature and physical harm while in transit by vaccine shippers. When transporting vaccinations around the world, these are incredibly helpful for the pharmaceutical industry and help businesses grow. Temperature-controlled vaccine shippers prevent vaccine wastage and damage. It is essential to ship vaccines due to the logistical difficulties caused by temperature, volume, safety, and other crucial aspects.
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23-Valent Pneumococcal Polysaccharide Vaccine Market
The infectious disease that causes pneumococcal infections is caused by the streptococcus pneumonia bacterium. Pneumococcal bacteria have been linked to meningitis, ear infections, and other illnesses. There are two vaccines available to prevent pneumococcal infection: the pneumococcal polysaccharide vaccine and the pneumococcal conjugate vaccination. The primary target population for pneumococcal polysaccharide vaccines in adults with pneumococcal infections. Age-related population growth, bacterial disease prevalence, and technological advancements in medicine are the primary market growth drivers. However, it is projected that the industry would not expand due to the rigorous regulatory requirements for vaccination approval. Improvements in healthcare facilities in developing regions like Asia-Pacific and LAMEA are predicted to open up new development opportunities for the study period.
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Vaccine Administration Market
Technology for immunization has made enormous strides over the past ten years, which have fundamentally changed how vaccines are developed. The introduction of genetic engineering has sparked numerous improvements in vaccine development programs and led to the creation of new products. Numerous virus vaccines that take advantage of the attenuated state of the virus have been developed using these methods. Modern technologies also make it possible to maintain concentration levels that are high enough to activate an immune response and detect infections more quickly.
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BCG Vaccine Sales Market
The analysis study's assessment of the BCG Vaccine Sales Market offers a comprehensive and all-encompassing viewpoint. The market statistics divided into the major BCG Vaccine Sales Market segments offer a detailed industry snapshot. The BCG Vaccine Sales Market's market growth variables and issues that affect that market's growth are extensively examined. Important individuals and businesses include research on the BCG vaccine sales market, the viability of investments, and potential new rivals. The BCG Vaccine Sales Market development prospects in each market category are covered in this analysis.
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