Meticulous Research® Predicts Vaccines Market to Reach $71.50 Billion by 2031

  



“Meticulous Research® Predicts Vaccines Market to Reach $71.50 Billion by 2031”

”



Meticulous Research® has released its latest report forecasting that the global vaccines market will reach $71.50 billion by 2031, growing at a compound annual growth rate (CAGR) of 2.3% over the forecast period. Key drivers of this market growth include a robust pipeline for vaccines, increased government immunization initiatives, and significant technological advancements in vaccine development. Additionally, the rising prevalence of various diseases, a growing focus on therapeutic vaccines, and promising growth in emerging markets present substantial opportunities for market players.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5076

However, the market faces challenges such as the high costs associated with vaccine development and lengthy manufacturing timelines. Product recalls and limited access to vaccines further constrain market growth.

1.1.1   Leading Market Players

Prominent companies in the vaccines market include:

  • Sanofi (France)
  • Merck & Co., Inc. (U.S.)
  • GlaxoSmithKline plc (U.K.)
  • Pfizer Inc. (U.S.)
  • Johnson & Johnson (U.S.)
  • Daiichi Sankyo Co., Ltd. (Japan)
  • Takeda Pharmaceutical Company Limited (Japan)
  • CSL Limited (Australia)
  • Emergent BioSolutions Inc. (U.S.)
  • AstraZeneca PLC (U.K.)

1.1.2   Market Segmentation and Future Outlook

1.1.2.1     By Indication

The vaccines market is segmented by indication into:

  • Pneumococcal Disease
  • Influenza
  • Human Papillomavirus (HPV)
  • Diphtheria, Tetanus, and Pertussis (DTP)
  • Meningococcal Disease
  • Measles, Mumps, and Rubella (MMR)
  • Rotavirus
  • Poliomyelitis (Polio)
  • Hepatitis
  • COVID-19
  • Other Indications

Request Sample Report Here @ https://www.meticulousresearch.com/request-sample-report/cp_id=5076

In 2024, the pneumococcal disease segment is anticipated to hold the largest market share, driven by the rising incidence of diseases such as pneumonia, meningitis, febrile bacteremia, otitis media, and sinusitis, as well as the development of high-quality vaccines like PPSV23.

1.1.2.2       By Route of Administration

The market is categorized by route of administration into:

  • Intramuscular (IM)
  • Subcutaneous (SC)
  • Oral
  • Other Routes

The intramuscular (IM) segment is expected to dominate in 2024, attributed to the ease of administration and rapid absorption associated with this method. The COVID-19 pandemic has further bolstered the adoption of the intramuscular route, with many COVID-19 vaccines being administered this way.

1.1.2.3       By Type

The vaccines market is classified by type into:

  • Subunit & Conjugate Vaccines
  • Inactivated Vaccines
  • Live-Attenuated Vaccines
  • Toxoid Vaccines
  • Combination Vaccines

In 2024, the subunit & conjugate vaccines segment is projected to lead, thanks to their long-term immunity, high safety, and stability compared to other vaccine types.

1.1.2.4       By Valence

The market is divided by valence into:

  • Multivalent Vaccines
  • Monovalent Vaccines

The multivalent vaccines segment is expected to hold a larger share in 2024, due to the launch of new multivalent vaccines, increased R&D investments, and technological advancements in their production.

1.1.3   Geographic Analysis

This comprehensive report provides an in-depth analysis of key regions including:

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, and Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Middle East & Africa

North America is projected to command the largest share of the vaccines market in 2024, with a 41.2% share, followed by Europe and Asia-Pacific. The significant market presence in North America is attributed to active research & development, frequent product launches, and the establishment of new facilities by key industry players.

Quick Buy @ https://www.meticulousresearch.com/Checkout/94492906

1.1.4   Conclusion

The vaccines market is poised for steady growth, driven by innovative advancements and increasing global health initiatives. Despite challenges, the market offers significant opportunities, particularly in emerging regions and through the development of new vaccine technologies. Meticulous Research® will continue to monitor and analyze these trends, providing valuable insights to industry stakeholders.

 

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

Comments

Post a Comment

Popular posts from this blog

E-bikes Market to be Worth $88.3 Billion by 2030—Exclusive Report by Meticulous Research®”

   “E-bikes Market to be Worth $88.3 Billion by 2030—Exclusive Report by Meticulous Research®” According to a new market research report titled, ‘ E-bikes Market by Propulsion Type (Throttle-assisted and Dual Mode), Class, Power Output, E-bike Type, Battery Type, Motor Type (Hub Motors and Mid-drive Motors), Structure, Charging Type, Charging Mode, and End User — Global Forecast to 2030, the ‘e-bikes market is projected to reach $88.3 billion by 2030, at a CAGR of 11.9% during the forecast period . Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5555    E-bikes are bicycles with a battery-powered assist that comes via pedaling and, in some cases, a throttle. In e-bikes, the motor will get its power from a rechargeable battery mounted on the bike. E-bikes are a flexible, eco-friendly, and versa...
Read more

U.S. Ambulatory EHR Market to be Worth $3.57 Billion by 2030

  Meticulous Research ® —a leading market research company, published a research report titled,  ‘ U.S. Ambulatory EHR Market  by Delivery Mode (Cloud-based, On-premise), Type, Practice Size (Large, Small-to-medium, Solo), Application (Patient Portals, Practice Management, CDS, Computerized Physician Order Entry, PHM), and End User - Forecast to 2030.’ Download Sample Report Here @   https://www.meticulousresearch.com/download-sample-report/cp_id=5609 According to this latest publication from Meticulous Research ® , the ambulatory EHR market in the U.S. is projected to reach $3.57 billion by 2030, at a CAGR of 5.2% from 2023 to 2030. Increasing government support for the adoption of EHR solutions, patients’ increasing preference for ambulatory care over in-patient care, and the growing need to reduce operating costs in the healthcare industry are the key factors driving the U.S. ambulatory EHR market. Additionally, the integration of artificial intelligence ...
Read more

Wi-Fi 6 Market Worth $105.4 Billion by 2028

   “Wi-Fi 6 Market Worth $105.4 Billion by 2028” Meticulous Research®—a leading global market research company, published a research report titled " Wi-Fi 6 Market  by Devices (Mesh Routers, Access Points, Home Gateways, Repeaters), Commercial Use (Enterprises, Consumers), Application (Consumer Electronics, Healthcare, Manufacturing, Smart Cities, AR/VR, Others), and Geography — Global Forecasts to 2028" . Download Free Sample Report Here :  https://www.meticulousresearch.com/download-sample-report/cp_id=5238 The Wi-Fi 6 market is expected to grow at a CAGR of 73.8% by value from 2021 to reach $105.4 billion by 2028. The increasing demand for high-speed internet connection, growing number of internet users and devices, and rising adoption of Wi-Fi 6 Devices for smart home applications are some of the key factors driving the growth of the Wi-Fi 6 mar...
Read more