Categories: Industry

Quadrivalent Market Size 2024-2033 – Growth Analysis, Outlook, Overview

The Quadrivalent by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Quadrivalent Market:
https://www.thebusinessresearchcompany.com/report/quadrivalent-global-market-report

According to The Business Research Company’s Quadrivalent, The quadrivalent market size has grown strongly in recent years. It will grow from $8.28 billion in 2023 to $8.98 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%.  The  growth in the historic period can be attributed to disease complexity, educational initiatives, past health events, healthcare growth, technological progress..

The quadrivalent market size is expected to see strong growth in the next few years. It will grow to $12.88 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%.  The growth in the forecast period can be attributed to global health events, competitive dynamics, educational campaigns, regulatory changes, evolving disease patterns.. Major trends in the forecast period include disease prevalence, regulatory environment, healthcare infrastructure, consumer awareness and education, competitive landscape..

The rising prevalence of chronic and infectious diseases is expected to propel the growth of the quadrivalent market moving forward. A chronic disease is a long-term sickness caused by genetics and lifestyle, whereas an infectious disease is any ailment caused by an infectious agent such as a virus, bacteria, fungus, or protozoan. Quadrivalent vaccines have a significant impact in preventing morbidity and mortality from serious infections, as well as diseases other than the specific infections they are designed to target. Quadrivalent vaccines are being used to prevent chronic (non-communicable) diseases when infectious agents are involved in carcinogenesis. For instance, in September 2022, according to the World Health Organization, a Switzerland-based agency responsible for international public health, every year, 17 million people die from a chronic or noncommunicable disease (NCD) before the age of 70. Furthermore, in 2021, there were estimated 247 million cases of malaria (an infectious disease) globally, with an estimated 619,000 fatalities. Therefore, the rising prevalence of chronic and infectious diseases is driving the growth of the quadrivalent market.

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The quadrivalent market covered in this report is segmented –

1) By Type: Intradermal Shot, Intramuscular Injection, Nasal Spray

2) By Technology: Conjugated, Live, Inactivated, Recombinant, Toxoid, Other Technologies

3) By Disease: Cancer, Hepatitis, Pneumococcal disease, COVID-19, Influenza, Human Papilloma Virus, Meningococcal Disease, Polio, Rotavirus, Other Diseases

4) By Age Group: Pediatric, Adult

5) By Distribution Channel: Hospital And Pharmacy, Government Suppliers, Other Channels (NGOs)

 Top Major Players:
AstraZeneca PLC
Serum Institute of India Private Limited
Sanofi S.A.
GlaxoSmithKline PLC
CSL Limited

North America was the largest region in the quadrivalent market in 2023.

Product innovations are a key trend gaining popularity in the quadrivalent market. Major companies operating in the quadrivalent market are focused on developing innovative solutions to strengthen their position in the market. For instance, in September 2022, AstraZeneca, a UK-based pharmaceutical company, launched FluMist quadrivalent (Influenza Vaccination Live, Intranasal), a Food and Drug Administration (FDA)-approved nasal-spray flu vaccine for persons aged 2 to 49, that can be administered through a needle-free nasal spray. It is a live attenuated influenza vaccine (LAIV), available in trivalent or quadrivalent formulations, and is covered by most health insurance plans as well as the vaccines for children program.

The quadrivalent market report table of contents includes:

1. Executive Summary
2. Quadrivalent Market Characteristics
3. Quadrivalent Market Trends And Strategies
4. Quadrivalent Market – Macro Economic Scenario
5. Global Quadrivalent Market Size and Growth
…..
31. Global Quadrivalent Market Competitive Benchmarking
32. Global Quadrivalent Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Quadrivalent Market
34.Quadrivalent Market Future Outlook and Potential Analysis
35. Appendix

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