Adult Vaccines Market
The Adult Vaccines Global Market Report 2023, provides comprehensive information on the adult vaccines market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/adult-vaccines-global-market-report
As per The Business Research Company’s Adult Vaccines Global Market Report 2023, the global adult vaccines market size is expected to grow from $18.20 billion in 2022 to $19.56 billion in 2023 at a compound annual growth rate (CAGR) of 7.49%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global adult vaccines market size is expected to reach $25.83 billion in 2027 at a CAGR of 7.20% .
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Product innovations are a key trend gaining popularity in the adult vaccines market. Major companies in the market are introducing innovative products to sustain their position in the market. For instance, in April 2020, the U.S. Food and Drug Administration, a US-based federal regulatory agency, approved MenQuadfi vaccines developed by Sanofi, a US-based pharmaceutical company. The vaccine is the first and only quadrivalent vaccine that uses a tetanus toxoid and has a high immune response for all four serogroups of Meningococcus bacteria.
The adult vaccines market is segmented:
1) By Vaccine Type: Monovalent, Multivalent
2) By Technology: Live Attenuated Vaccines, Inactivated Viral or Bacterial Vaccines, Toxoid Vaccines, Recombinant Vaccines, Conjugate Vaccines
3) By Application: Influenza, DPT, Human Papillomavirus, Zoster, Pneumococcal, Hepatitis
4) By End Users: Healthcare Firms, Hospitals
North America was the largest region in the adult vaccines market in 2022.
The table of contents in TBRC’s adult vaccines market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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