Pediatric Vaccines Grab Larger Share of Global Vaccines Market, States Renub Research in Its Cutting-Edge Report Now Available at MarketPublishers.com
31 Aug 2017 • by Natalie Aster
LONDON – During 2017-2022, the worldwide vaccines market is set to continue expanding to touch the value of around USD 60 billion. The important forces fueling the market growth include expanding availability of vaccines across the globe, rising prevalence of infectious diseases, favourable government regulations and enhancing awareness of people about immunisation.
The dominant share of the overall market is held by pediatric vaccines. By 2022, the share of pediatric vaccines is expected to be twice times bigger than that of adult vaccines. Globally, the number of infants immunised by influenza vaccines is still considerably low if compared to the number of immunised adults. The number of Rotavirus doses administered in infants is anticipated to grow in the coming years to reach approximately 15 million by 2022. Currently, pneumococcal and combination vaccines together grab a share of about 50% of the pediatric vaccines sector. Meantime, influenza vaccines take lead in the adult vaccines sector.
Some of the prominent players active in the vaccines field include GlaxoSmithKline, Sanofi Pasteur’s, Merck & Co. and Pfizer, amid others.
Cutting-edge research report “Global Vaccines Market & Forecast (14 Vaccines Market, Number of People Immunized Doses of Vaccines Administered)” elaborated by Renub Research is an essential source of relevant trustworthy data on the vaccines market performance, landscape and dynamics across various geographical levels. This topical study covers the major market segments and their shares, the key growth drivers and restraints, the prevailing and emerging development trends, the major growth prospects and barriers, competitive landscape and the recent industry developments. This report not only gives access to top-level historical and present market data but also provides detailed future forecasts through 2022.
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