Market Research Report
Global Markets for Vaccine Technologies
|Published by||BCC Research||Product code||955511|
|Published||Content info||200 Pages
Delivery time: 1-2 business days
|Global Markets for Vaccine Technologies|
|Published: August 21, 2020||Content info: 200 Pages||
The global market for vaccine technologies totaled $40.1 billion in 2019. The market should grow from $42.6 billion in 2020 to $57.8 billion by 2025, at a compound annual growth rate (CAGR) of 6.3% during the 2020-2025 forecast period.
The global market for human vaccine technologies should grow from $34.8 billion in 2020 to $47.8 billion by 2025, at a CAGR of 6.6% during the 2020-2025 forecast period.
The global market for animal vaccine technologies should grow from $7.8 billion in 2020 to $10.0 billion by 2025, at a CAGR of 5.1% during the 2020-2025 forecast period.
The report explains critical trends in the vaccine industry. It discusses the market determinants, which act as motivating or restraining factors, and provides insights to stakeholders and potential entrants.
Broadly speaking, depending on whether they prevent diseases or treat pre-existing ones, vaccines can be divided into prophylactic and therapeutic vaccines. In contrast, animal vaccines are categorized by food-producing animals (porcine, bovine, poultry, ovine, fish) and companion animals (canine, feline and equine vaccines), as well as vaccines for other animal species.
This study looks at most of the systems affected by factors such as considerable research and development (R&D) spending and increasing competition and new technologies, which are giving direction to the market. These advancements, new product launches and changing lifestyles are influencing future market growth.
Company merger acquisition strategies and collaborations are also covered in this report. Additionally, this study discusses the strengths and weaknesses of each strategy type considering new technologies, growing competition and changing customer needs.
The market has also been analyzed based on the application of current vaccines. Categories considered in this report include meningococcal/pneumococcal vaccines, influenza vaccines, pediatric polio/pertussis/Hib vaccines, adult/adolescent booster vaccines, vaccines for travel-related and other endemic diseases, HPV vaccines, rotavirus vaccines and other (minor) vaccines.
This study details market growth among vaccine manufacturers and end users. Genomic research centers, academic institutions, government and private laboratories and various hospital settings, as well as pharmaceutical, diagnostic and biotechnology companies and physicians, will find this study to be of interest.
The report provides useful information to all market players, potential entrants, government agencies and other interested parties. As the report covers geographic regions in detail, companies interested in expanding their geographic reach will also find this study useful.