Market Research Report
Vaccines 2020: World Market Analysis, Players, Trends
|Published by||Kalorama Information||Product code||985000|
Delivery time: 1-2 business days
|Vaccines 2020: World Market Analysis, Players, Trends|
|Published: November 4, 2020||Content info:||
"Vaccine Market Tops 37 Billion", Says Kalorama Information Report.
In 2020, the global market for preventive vaccines is valued at $37.4 billion, up overall from $30.7 billion in 2015. The finding was made in Kalorama Information's report, ‘Vaccines 2020’. Strong continued growth in the global vaccines market is expected through 2025.
The vaccine market is a growth market for the experienced competitors participating in it.Seven billion dollars in new sales have occurred in the past five years alone, and vaccines have been developed and deployed for new diseases. COVID-19 has only intensified the focus on the the potential of vaccines, the market was already expanding prior to the pandemic, and many vaccines for new conditions are under developments. Kalorama has covered the vaccines market for two decades. During that time our analysts have detailed the growth of the market.
"Seven billion dollars in new sales have occurred in the past five years alone. Growth will be fueled by favorable demographics, continued new product introductions, indication expansions, usage and more."
This report examines the market for these vaccines used to prevent various types of disease, and provides market modeling by disease. It focuses on commercialized vaccines and developmental vaccines for diseases that are already vaccine-preventable, with a discussion of selected emerging vaccines for diseases that are not currently vaccine-preventable, such as addiction and malaria. The report also discusses trends and looks at what vaccine companies have done and are planning. It also covers the COVID-19 vaccine market landscape, development progress and estimated market opportunity as of October 2020.
Vaccines Market, $BN, 2015, 2020 and 2025
Because of the large number of deadly diseases that have been virtually eliminated through the proliferation of effective vaccines, vaccination is generally viewed as one of the greatest public health achievements during the 20th century. As a result of widespread public vaccination, vaccine-preventable diseases and their resulting deaths are now rare in the developed nations and declining worldwide. Immunizations have eradicated smallpox; eliminated poliomyelitis in the Americas; and controlled measles, rubella, tetanus, diphtheria.
Greater expansion is mitigated, however, by continued negative public perceptions of vaccine safety, shortages, funding challenges
As part of its offering this report involves the following data points and others:
Development of new vaccines is ongoing. Generally speaking, vaccine clinical development in the world's major markets follows a similar pathway as drugs and other biologics. A sponsor who wishes to begin clinical trials with a vaccine must first obtain permission to conduct clinical studies. In the U.S., this requires the submission of an Investigational New Drug (IND) application to the FDA.
"mitigating against growth will be continuing concerns about vaccine safety and refusal to immunize."
The IND describes the vaccine, its method of manufacture, and quality control tests for release. Also included is information about the vaccine's safety and ability to elicit a protective immune response (immunogenicity) in animal testing as well as the proposed clinical protocol for studies in humans. Kalorama's report tracks development of vaccines, including those for COVID-19.
The report as well reviews the history and lines of business, strategic alliances, vaccine products, and financial information of market leaders such as GlaxoSmithKline, Merck, Pfizer, and Sanofi Pasteur.
Companies Covered in the Report Include:
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