Press Release

Vaccines Market worth 6.7% CAGR by 2027

July, 2021

" COVID-19 Impact on Vaccines Market, size, share, growth, industry analysis, and forecast 2021-2027 "

A vaccine is a substance that is infused into the body to prevent infection or control disease due to a certain pathogen, which is a disease-causing organism, such as a bacteria, virus, or parasite. The vaccine drives the body to fight itself against the pathogen by creating an immune response. Vaccines work to safeguard an individual from infection or disease by administering a minor component or a non-destructive form of the pathogen into the body.

The increase in the competitive pipeline, such as products from the key players and new players, will contribute positively to the vaccine market. In addition, the constant research and development and rising emphasis on launching new vaccines by leading players will propel the market growth. Surging demand for effective vaccines to fight diseases such as malaria, dengue has compelled pharmaceutical companies to launch novel vaccines, which eventually foster market growth. Apart from this, companies' contributions are merging to propel the development, manufacture, and delivery of vaccines, diagnostics, and treatments for diseases.

Furthermore, the high growth potentials in developing countries show that increasing emphasis on the therapeutic vaccines for infectious diseases and the involvement of adjuvant in the vaccines are the certain factors creating opportunities for vaccine market growth.

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The Vaccine Market research report titled “Vaccine Market By Technology Type, Indication and End User and Geography – Global Forecast up to 2027.

Key competitors present in the vaccine market are Panacea Biotec Limited, Johnson & Johnson Services, Inc, VBI Vaccines Inc., Merck & Co., Inc., and Astellas Pharma Inc.

North America is dominating the market majorly due to increase in government initiatives for promoting vaccine safety and performing research on vaccine safety. Moreover, in this region, the United States has one of the major healthcare systems in the world.

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The report consists of 103 Tables and 73 charts depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.

Vaccines Market based on Technology Type

  • Recombinant
  • Conjugate Vaccines
  • Live Attenuated Vaccines
  • Inactivated Vaccines
  • Toxoid Vaccines
  • Others

Vaccines Market based on Indication

  • Pneumococcal Disease
  • Influenza
  • Human Papilloma Virus
  • Meningococcal Disease
  • Rotavirus
  • Varicella, Measles, Mumps, & Rubella
  • Diphtheria, Pertussis, & Tetanus
  • Polio
  • Hepatitis
  • Other

Vaccines Market based on End User

  • Pediatric
  • Adults
  • Travelers

Vaccines Market based on Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Mr. Karthick Subramani

Infoholic Research LLP

Marketing & Communication