The global vaccine market size is expected to reach USD 77.90 Billion at a steady revenue CAGR of 7.1% in 2028, according to latest analysis by Emergen Research. An increase in prevalence of infectious diseases is a key factor driving global vaccine market revenue growth. The new report is updated with the impact of the COVID-19 pandemic on the Vaccine market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Vaccine market.
The report offers a holistic coverage of the Vaccine market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets. Rise in prevalence of infectious diseases globally increases the healthcare burden of diseases on countries and affects their socio-economic development. Emergence of drug-resistant microbial strains that have affected the fight against infectious diseases such as pneumonia, cholera, malaria, and diarrhea, among others.
Need for immediate treatment to limit worsening of infectious diseases is propelling market growth. Governments all over the world are investing in rapid diagnostic testing kits to increase their rate of testing and prevent any sort of epidemic. Growing demand for immunization is driving the growth for vaccine market worldwide. SARS-Cov-2 has impacted vaccine market growth significant extent and is likely to affect market growth in the coming years. Pfizer, for instance, is investing in developing vaccines for new variant of COVID-19, which are emerging in different parts of the world. It is expected to submit an Emergency Use Authorization (EUA) application in August 2021 for booster doses given six months after the second dose. The booster dose is expected to improve response to the original and Beta variant, which emerged in South Africa and can reduce effectiveness of both antibody treatments.
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Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape. Rising demand for new drugs to replace those that have lost effectiveness and investment in research and development of vaccines is augmenting growth of the market. Increased funding from public and private organizations and favorable government regulations has also contributed to growth of the global vaccine market.
Some Key Highlights From the Report
Competitive Outlook:
This section of the report performs a thorough investigation into the intensely competitive landscape of the global Vaccine market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant. The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers & acquisitions, joint ventures, partnerships, corporate deals, and brand promotions. The key industry participants include:
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The report, additionally, presents a comprehensive analysis of the key elements of the Vaccine market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.
Global Vaccine Market Geographical Landscape – Synopsis:
Emergen Research has segmented the global Vaccine market on the basis of type, patient type, technology, disease & route of administration:
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Vaccine Market Segmentation & Impact Analysis
4.1. Vaccine Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. High Prevalence of Infectious Diseases
4.2.2.2. Growing Government Support for Vaccine Development
4.2.3. Market restraints analysis
4.2.3.1. High Cost of Vaccine Development
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Vaccine Market By Type Insights & Trends Revenue (USD Million)
5.1. Type Dynamics & Market Share, 2021 & 2028
5.1.1. Monovalent Vaccines
5.1.2. Multivalent Vaccines
Continue…
Key Questions Answered in the Report:
What is the growth rate of the Vaccine market? What is the anticipated market valuation of Vaccine industry by 2027?
What are the key growth driving and restraining factors of the Vaccine market?
What are the key opportunities and growth prospects of the Vaccine industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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Thank you for reading our report. If you have any requests for customization of the latest report, kindly get in touch with us. Our team will assist you and ensure the report is designed as per your requirements.
Read similar reports by Emergen Research:
Newborn Screening Market: https://www.emergenresearch.com/industry-report/new-born-screening-market
RFID in Healthcare Market: https://www.emergenresearch.com/industry-report/rfid-in-healthcare-market
Next-Generation Sequencing Market: https://www.emergenresearch.com/industry-report/next-generation-sequencing-market
Molecular Diagnostics Point of Care Market: https://www.emergenresearch.com/industry-report/molecular-diagnostics-point-of-care-market
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Viral Vector and Plasmid Manufacturing Market: https://www.emergenresearch.com/industry-report/viral-vector-and-plasmid-manufacturing-market
Interoperability Solutions in Healthcare Market: https://www.emergenresearch.com/industry-report/interoperability-solutions-in-healthcare-market
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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