Pune, Maharashtra Jun 19, 2019 (Issuewire.com) - Market Industry Reports (MIR) has published a new report titled “Vaccines Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global vaccines market was estimated to be over US$ 30.0 Bn in 2018 and is likely to clock a significant CAGR from 2019 to 2030.
The growth of the vaccines market can be attributed to factors such as rising incidences of infectious diseases, namely malaria, Ebola and influenza among others. Moreover, growing immunization drives worldwide conducted by government and non-government establishments to spread awareness about diseases have been vital in contributing to the extensive growth if this market. Similarly, market players in association with various universities are conducting research to develop the vaccine. For instance in September 2018, Johnson & Johnson announced the collaboration between Coalition for Epidemic Preparedness Innovations (CEPI) & Jenner Institute, University of Oxford and Janssen Vaccines & Prevention B.V., part of the Janssen Pharmaceutical Companies of Johnson & Johnson. The collaboration was aimed to develop and manufacture vaccines against Middle East Respiratory Syndrome Coronavirus (MERS-CoV). However, high developmental costs and requirement of specialized monitoring devices and equipment which further incurs costs is anticipated to impede the growth of the market in the coming years.
Get Free PDF Sample Copy @ https://www.marketindustryreports.com/pdf/81
Vaccines Market by Technology
On the basis of technology, the vaccines market can be segmented into conjugate vaccines, live attenuated vaccines, toxoid vaccines, inactivated and subunit vaccines and recombinant vaccines. The conjugate vaccine segment accounted for the largest market share in the global vaccines market, owing to rising company investments and growing government support for the development of conjugate vaccines.
Vaccines Market by Type
On the basis of type, the market is segmented into monovalent vaccines and multivalent vaccines. In terms of market share, the segment of monovalent vaccines accounted for the largest share. Growing adoption of monovalent vaccines for combating single diseases, namely dengue, influenza and malaria among others can be attributed to the extensive growth of this segment.
Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Vaccines Market by Technology (Conjugate Vaccines, Live Attenuated Vaccines, Toxoid Vaccines, Inactivated and Subunit Vaccines and Recombinant Vaccines), Type (Monovalent Vaccines and Multivalent Vaccines), Disease Indication (Pneumococcal Disease, Influenza, Meningococcal Disease, Rotavirus, MMR, Dengue, DTP, HPV, Polio, Hepatitis, Varicella and Herpes Zoster), Route of Administration (Oral Administration, Intramuscular and Subcutaneous Administration) and Patient Type (Pediatric Patients, Adult Patients) – Analysis & Forecast 2019-2030. in detail along with the table of contents:https://www.marketindustryreports.com/81/vaccines-market
Vaccines Market Prominent Players
The prominent players in the global vaccines market are Pfizer Inc., GlaxoSmithKline plc., Merck & Co., Inc., Sanofi Pasteur Limited, Emergent BioSolutions Inc., Johnson & Johnson Services, Inc., Serum Institute of India Pvt. Ltd., AstraZeneca, Panacea Biotec Limited, Bavarian Nordic, Biological E and CSL Limited among others.
For Exclusive Discount @ https://www.marketindustryreports.com/discount/81
The research provides answers to the following key questions:
- What will be the growth rate of the Vaccines Market for the forecast period 2019 - 2030? What will be the market size during this period?
- What are the key drivers responsible for shaping the future of the industry?
- Who are the prominent vendors? How have they managed to maintain a strong foothold in the Vaccines Market?
- What are past and present trends contributing to the progress of the Vaccines Market across different regions?
- Who are threats and challenges expected to act as a roadblock for the industry worldwide?
- What are the key opportunities the business owners can bank on for the forecast period 2019 - 2030?
About Market Industry Reports-
Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
We continue to pioneer state-of-the-art approach in research & analysis that makes the complex world simpler to stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence we bring proficient contingency to our clients in the evolving world of technologies, megatrends and industry convergence. We empower and inspire Vanguards to fuel and shape their business to build and grow world-class consumer products.
Contact Us-
502, Sai Radhe, Kennedy Road,
Behind Hotel Sheraton Grand,
Near Pune Station, Pune 411 001
Email: sales@marketindustryreports.com
Phone: 91 9673535933
Website: https://www.marketindustryreports.com/
Follow Us- LinkedIn | Twitter | Facebook
Media Contact
Market Research Report - 2 obeamit14@gmail.com
