Global Shingles Vaccine Market 2020-2024 | Evolving Opportunities with CanSino Biologics Inc. and Curevo Inc. | Technavio

Technavio has announced its latest market research report titled Global Shingles Vaccine Market 2020-2024 (Graphic: Business Wire)

LONDON--()--The global shingles vaccine market is poised to grow by USD 1.08 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. Request free sample pages

Read the 120-page report with TOC on "Shingles Vaccine Market Analysis Report by Type (Recombinant vaccines and Live-attenuated vaccines), Geography (North America, Europe, Asia, and ROW), and the Segment Forecasts, 2020-2024".

https://www.technavio.com/report/shingles-vaccine-market-industry-analysis

The market is driven by the approval of shingles vaccines and favorable reimbursement policies. In addition, the high incidence and prevalence of shingles is anticipated to boost the growth of the shingles vaccine market.

The growing prevalence of shingles is compelling market players to focus on the development of new vaccines. This is resulting in the approval of many vaccines. For instance, in March 2018, the European Commission approved GSK’s SHINGRIX vaccine for the prevention of shingles and post-herpetic neuralgia in adults aged 50 years and above. Similarly, in August 2019, SHINGRIX was approved by the National Medical Products Administration for the prevention of shingles in adults aged over 50 years in China. Moreover, several healthcare providers are including shingles vaccines under their reimbursement policies due to the expanding patient pool for shingles. For instance, in 2018, SHINGRIX was covered for more than 95% of the commercial medical enrolments and 100% of Medicare Part D enrolments in the US. The presence of such favorable reimbursement policies will further support the growth of the global shingles vaccine market.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Shingles Vaccine Market Companies:

CanSino Biologics Inc.

CanSino Biologics Inc. operates its business through a unified business segment. CSB016 is the key offering of the company. It is a pre-clinical vaccine molecule developed for the prevention of shingles.

Curevo Inc.

Curevo Inc. operates its business through the Technology segment. CRV-101 is the key offering of the company. It is a highly effective shingles vaccine that reduces various complications associated with shingles and also has the potential to prevent postherpetic neuralgia.

GeneOne Life Science Inc.

GeneOne Life Science Inc. operates its business through the Products segment. GLS-5100 is the key offering of the company. It is a pre-clinical DNA vaccine molecule developed for the prevention of shingles.

GlaxoSmithKline Plc

GlaxoSmithKline Plc operates its business through segments such as Pharmaceuticals, Consumer healthcare, and Vaccines. SHINGRIX is the key offering of the company. It is an adjuvanted recombinant zoster vaccine for the prevention of herpes zoster (shingles) in adults aged 50 years and older.

Merck & Co. Inc.

Merck & Co. Inc. operates its business through segments such as Pharmaceuticals, Animal health, and Others. ZOSTAVAX is the key offering of the company. It is a live-attenuated virus vaccine dedicated to the prevention of herpes zoster (shingles).

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Shingles Vaccine Market Type Outlook (Revenue, USD Billion, 2020-2024)

  • Recombinant vaccines
  • Live-attenuated vaccines

Shingles Vaccine Market Regional Outlook (Revenue, USD Billion, 2020-2024)

  • North America
  • Europe
  • Asia
  • ROW

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Related Reports on Healthcare Include:

Global Japanese Encephalitis Vaccines Market – Global Japanese encephalitis vaccines market by type (Inactivated vaccines, recombinant vaccines, and live attenuated vaccines) and geography (Asia, Europe, North America, and ROW).

Global Vaccine Adjuvants Market – Global vaccines adjuvants market by geography (Asia, Europe, North America, and ROW) and application (infectious diseases, cancer, and other diseases).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The shingles vaccine market size has the potential to grow by USD 1.08 billion during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/