live attenuated vaccines Market size is projected to reach US$ 66.75 Bn at the end of the forecast period at a CAGR of 10.7%.
live attenuated vaccines Market Overview:
live attenuated vaccines Market Research Report analyzed the current state in the definitions, classifications, applications, and industry chain structure. The analysis provides unbiased professional commentary on the present market scenario, prior market performance, production and consumption rates, demand and supply ratios, and income generation forecasts for the projected period. The live attenuated vaccines market study also gives information on the leading businesses functioning in the live attenuated vaccines industry's strategic ambitions and company growth strategies. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand promotions, and product launches are among the methods evaluated in the research. To summarise what has been said thus far, the report provides a comprehensive picture of the live attenuated vaccines market in both global and regional markets.
Market Scope:
The analysis contains a current examination of the present live attenuated vaccines market landscape, as well as the most recent trends and drivers, as well as an overview of the entire live attenuated vaccines market environment. Increased demand for live attenuated vaccines is driving the market. The live attenuated vaccines market research examines the technology, end-user, and type categories, among other things, as well as the geographical landscape
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Segmentation:
product
In 2021, tuberculosis accounted for the greatest market share, and it is predicted to continue to do so throughout the forecast period. One of the leading causes of death in the globe is tuberculosis. While BCG (bacille Calmette-Guerin) is a vaccine used to treat tuberculosis (TB), it is also used to prevent meningitis, paediatric tuberculosis, and miliary illness in nations with a high incidence of TB. The market demand for vaccination is further increased by the vaccine's effectiveness against adult pulmonary TB and its potential for tuberculin interference. However, the Indian Council of Medical Research (ICMR) introduced an anti-tuberculosis vaccine in July 2021, which is given to individuals aged six and over.
administration
The intramuscular injection is anticipated to increase at a CAGR and is expected to continue its dominance during the forecast period. Worldwide intramuscular injection supply and sales at their highest levels resulted in significant financial gain. Intramuscular administration is linked to maximising immunogenicity and minimising reactogenicity. For instance, varicella and yellow fever have higher immunogenicities than subcutaneous injection and produce positive immune responses when administered intramuscularly. Consequently, the immunisation process is made simpler.
by Vaccine Development
• Live Animals
• Embryonated Eggs
• Tissue Culture
by Route of Administration
• Intramuscular (IM)
• Subcutaneous (SC)
• Oral
o intradermal (ID),
o transcutaneous (TC),
o nasal route
• Other Routes
by End-User
• Clinics
• Research Institute
• Diagnostic Centers
• Hospitals
• Other End User
Key player
• Merck & Co., Inc.
• GlaxoSmithKline plc
• Pfizer Inc.
• CSL Limited
• MedImmune LLC
• Sanofi
• Astellas Pharma
• Johnson and Johnson
• Serum institute of India Pvt. Ltd.
• Codagenix Inc.
• BioDiem
• AstraZeneca
• Emergent BioSolutions Inc.
• Vivaldi Biosciences Inc.
• Daiichi Sankyo Co., Ltd.
• Takeda Pharmaceutical Company Limited
• NOVAVAX, INC.
• Boehringer Ingelheim International GmbH
• Sanaria
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Regional Analysis:
The report's region section also includes specific market affecting elements and changes in market regulation that affect the market's present and future developments. Some of the primary indicators utilized to estimate the market scenario for different regions include new sales, replacement sales, national demographics, regulatory acts, and import-export tariffs. In addition, the existence and availability of global brands, as well as the obstacles they face owing to big or scarce competition from local and domestic brands, as well as the influence of sales channels, are taken into account when offering forecast analysis of national data.
COVID-19 Impact Analysis on live attenuated vaccines Market:
The COVID-19 epidemic has had a significant impact on the global live attenuated vaccines industry. live attenuated vaccines Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the live attenuated vaccines market to decelerate in 2022. The negative impact of COVID-19 on the live attenuated vaccines market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2022, owing to increased demand for live attenuated vaccines.
Key Questions Answered in the live attenuated vaccines Market Report are:
- Which segment was responsible for the largest share in the live attenuated vaccines market?
- How was the competitive scenario of the live attenuated vaccines market in 2022?
- Which are the key factors responsible for the live attenuated vaccines market growth?
- Which region held the maximum share in the live attenuated vaccines market in 2022?
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