Global Vaccines Market to Record Robust Growth through 2023, Expects QYResearch in Its New Report Recently Published at MarketPublishers.com
12 Jan 2018 • by Natalie Aster
LONDON – The global vaccines market is poised to follow an upward trend, rising at a high CAGR during 2017-2023. The market growth is spurred by such favourable forces like rising incidence of various diseases globally as well as enhancing government and non-government funding and increasing investments by companies into vaccines R&D.
On the basis of technologies, the overall vaccines market is dominated by the conjugate segment. Growth in this segment is attributed to increasing prevalence of infectious diseases and rising investments by emerging economies.
As for disease indications, the pneumococcal segment of the world’s vaccines market is anticipated to record the highest rate through to 2023. Robust growth in this segment is fueled by escalating government investments in pneumococcal vaccination programs along with high incidence of pneumococcal disease worldwide.
Regionally, North America takes lead in the global vaccines market owing to escalating investments by the government and companies to promote immunization in the region and also to develop novel vaccines. Currently, Europe is the second largest regional market for vaccines; it is spurred by rising government initiatives to promote immunization along with availability of funding and venture capital investments for the development of novel vaccines.
New research publication issued by QYResearch, “Global Vaccines Market Professional Survey Report 2017”, provides a detailed analysis of the global marketplace as well as sheds light on the historical background and the current scenario of the key regional markets with updated statistics on production and consumption, imports and and exports, and revenue in these regions.
Besides, this report includes a detailed market segmentation analysis (on the basis of types, products, applications and regions) with relevant info on revenue, prices, shares and growth rates for each segment.
Additionally, the research report highlights the competitive scene of the market and gives 14 profiles of the key companies active in the market with vital data on their production, prices, revenues and market shares.
The market development trends, emerging opportunities and major challenges are thoroughly discussed in this report. It examines the market dynamics and scrutinizes the main market growth hampering and fueling factors, includes a detailed industry chain structure analysis, examines the key distribution channels and marketing types. Additionally, this study includes forecasts through to 2022.
QYResearch catalogue at MarketPublishers.com includes a complete collection of insightful research reports by this publisher.