Global Vaccine Market Forecast to 2030
The global vaccine market size reached USD 45.20 Billion in 2021 and is expected to register a revenue CAGR of 9.7% during the forecast period, according to latest analysis by Emergen Research. Increase in infectious diseases in developing countries is one of the key factors driving market revenue growth. Global rise in prevalence of infectious illnesses increases healthcare burden on countries and has an impact on their socio-economic growth. In addition, rise in prevalence of infectious diseases, such as malaria, influenza, hepatitis, and HIV/AIDS, is driving revenue growth. Moreover, emergence of drug-resistant microbial strains has hampered efforts to combat infectious illnesses such as pneumonia, cholera, malaria, and diarrhea, among others.
The report, Global Vaccine Market Research Report and Forecast to 2030, provides a detailed analysis of the global Vaccine Market, including market size, market share, current and future trends, and the most recent technological breakthroughs. The research provides information on the regional and global competitive landscape of the Vaccine Market along with a complete prognosis through 2030. The impact of the COVID-19 epidemic on the market for lead-free piezoelectric ceramic materials has been updated in the most recent research. It examines the impact of the epidemic on each region's political and economic systems. It presents a present and projected view of the pandemic's effects on supply chain disruptions and economic volatility.
Rising demand for new drugs to replace those that have lost efficiency, as well as investment in vaccine research & development, are driving market growth. Increased financing from public and private groups, as well as favorable government policies, have all contributed to the global vaccine market's expansion.
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Competitive Terrain:
The global Vaccine industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Pfizer, Inc., CSL Limited, Merck & Co., Inc., AstraZeneca, Johnson & Johnson, Serum Institute of India Pvt., Ltd., GlaxoSmithKline PLC, Sanofi Pasteur SA, Emergent Biosolutions, Inc., and Biological E
Research Report on the Vaccine Market Addresses the Following Key Questions:
Market Overview:
The report bifurcates the Vaccine market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Regional Landscape section of the Vaccine report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
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Some Key Highlights From the Report
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Vaccine market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Points of the Geographical Analysis:
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