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What are the latest figures on the vaxelis market’s size and projected CAGR?
The vaxelis market size has XX (HCAGR) in recent years. It will grow from $XX million in 2024 to $XX million in 2025 at a compound annual growth rate (CAGR) of XX%. The growth in the historic period can be attributed to an increase in government funding for immunization programs, a rise in awareness of vaccine-preventable diseases, an increase in the pediatric population, an increase in public health investments, and an increase in funding for vaccine research and development.
The vaxelis market size is expected to see XX (FCAGR) in the next few years. It will grow to $XX million in 2029 at a compound annual growth rate (CAGR) of XX%. The growth in the forecast period can be attributed to rising incidences of vaccine-preventable diseases, rising prevalence of infectious diseases, rising consumer trust in vaccination, rising demand for cost-effective vaccines, rising birth rates in developing regions, and increasing immunization coverage initiatives. Major trends in the forecast period include advancements in combination vaccine technology, advancements in vaccine production, advancements in cold chain infrastructure, innovation in vaccine formulation, and integration of digital health platforms.
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Which Market drivers have played a significant role in driving the vaxelis market?
The rise in pediatric population is expected to drive the growth of the vaxelis market going forward. The rising pediatric population is driven by improved healthcare, nutrition, maternal care, reduced infant mortality, and increased awareness of child health and vaccination efforts. Vaxelis protects children against six serious diseases in one convenient vaccine, reducing the burden of multiple immunizations. For instance, in December 2024, according to the Child Stats, a US-based federal interagency forum for child and family statistics, in 2022, the United States had 72.5 million children, and the number is projected to increase to 78.2 million by 2050. Therefore, the rise in pediatric population is driving the growth of vaxelis market.
What are the key segments within the vaxelis market?
The vaxelis market covered in this report is segmented –
1) By Indication: Pertussis; Diphtheria; Tetanus
2) By Distribution Channel: Hospitals; Retail Pharmacies; Government Supplies
3) By End Use: Hospitals; Clinics; Ambulatory Care; Home Care
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Which key players are shaping the vaxelis market?
Major companies operating in the vaxelis market are Merck & Co. Inc.; Sanofi S.A.
Which transformative trends will shape the vaxelis market landscape?
How do regional factors impact the vaxelis market, and which region is the largest contributor?
North America was the largest region in the vaxelis market in 2024. The regions covered in the vaxelis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Vaxelis Market Report 2025 Offer?
The vaxelis market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Vaxelis is a six-in-one vaccine that helps prevent diphtheria, tetanus, whooping cough, polio, haemophilus influenzae type B infections, and hepatitis B. It is primarily used in infants and children as part of standard vaccination programs.
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