LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global human vaccine market since 2015 and the market is poised to grow by USD 14.78 billion during 2018-2023, progressing at a CAGR of nearly 8% during the forecast period. Request free sample pages
Read the 121-page report with TOC on “Human Vaccine Market Analysis Report by ROA (Oral, Intramuscular, Intradermal, Subcutaneous, and Intranasal), Vaccine Type (Live attenuated, Inactivated, Sub-unit, and Toxoid vaccine), Geography (Americas, APAC, and EMEA)”.
The market is driven by the increase in investments in the vaccines segment. In addition, increase in strategic alliances and M&As are anticipated to boost the growth of the human vaccines market.
Companies across the world are making significant investments in the development of new vaccines. This is helping manufacturers reduce product and process complexities and maintain aggressive timelines for vaccine development and lifecycle management. This is fueling the development of a wide variety of vaccines. For instance, in 2018, a UK based synthetic biology company announced to fund $10 million for the development of vaccines for chlamydia, C. difficile, and enteric fever. Therefore, high investment in the development of new vaccines, will drive the growth of the global human vaccine market.
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Major Four Human Vaccine Companies:
GlaxoSmithKline operates the business across segments such as Pharmaceuticals, Vaccines, and Consumer Healthcare. Some of the key offerings of the company include BEXSERO, MENVEO, FLUARIX/FLULAVAL, SHINGRIX, CERVARIX, INFANRIX/PEDIARIX, BOOSTRIX, and ROTARIX.
Merck operates the business across segments such as pharmaceutical, animal health, healthcare services, and alliances. Some of the key offerings of the company include GARDASIL/GARDASIL 9, PNEUMOVAX 23, ProQuad, M-M-R II, VARIVAX, RotaTeq, ZOSTAVAX, and Hepatitis vaccines.
Pfizer operates the business across segments such as Pfizer Innovative Health and Pfizer Essential Health. PREVNAR 13 is one of the key offerings of the company.
Sanofi operates the business across segments such as Pharmaceuticals, Vaccines, and Consumer Healthcare. Some of the key offerings of the company include Polio/pertussis/Hib Vaccines, Influenza vaccines, Meningitis/Pneumonia Vaccines, Adult Booster Vaccines, and Dengvaxia.
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Human Vaccine ROA Outlook (Revenue, USD Billion, 2018 – 2022)
Human Vaccine Type Outlook (Revenue, USD Billion, 2018 – 2022)
- Live attenuated
- Toxoid vaccine
Human Vaccine Regional Outlook (Revenue, USD Billion, 2018 – 2022)
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