Demand for Pediatric Vaccines Market Set for Stupendous Growth in and Post 2026, Buoyed by the Global COVID-19 Pandemic
VALLEY COTTAGE, N.Y. – Growing knowledge and awareness about the importance of pediatric vaccination and following pediatric vaccine schedules has been fostering growth for stakeholders in this landscape. Parents’ attitude towards children’s vaccinations and intentions are proving to be a favourable aspect for market players, triggering innovations in pediatric combination vaccines to eradicate various health disorders.
Leading companies in the pediatric vaccines market are increasing focus on adopting advanced technologies such as conjugate vaccines, live or attenuated vaccines, recombinant vaccines, inactivated or killed vaccines, and subunit vaccines to further ensure efficacy of their offerings. However, market players will still have to grapple with the problem of vaccine hesitancy in many underdeveloped countries and some developing regions to expand their sales of pediatric vaccines in such highly populated landscapes with high birth rates.
Future Market Insights offers a 10-year forecast for the global paediatric vaccine market. The primary objective of the report is to offer updates and information related to market opportunities in the global dermatology devices market.
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Report Description
The primary objective of the report is to offer insights on the market dynamics that can influence growth of the global paediatric vaccine market over the forecast period. Insights on key trends, drivers, restraints, value forecasts and opportunities for companies operating in the global paediatric vaccine market are presented in the report.
To understand and assess opportunities in this market, the report offers market forecast on the basis of indication, technology, vaccine type, end user and regions. The report provides analysis of the global paediatric vaccine market in terms of market value (US$ Mn).
Market Segmentation
RegionTechnologyIndicationEnd UserVaccine TypeNorth AmericaLatin AmericaWestern EuropeEastern EuropeAPEJMEAJapan | Live or Attenuated VaccineInactivated or Killed VaccineToxoid VaccineConjugate VaccineSubunit VaccineRecombinant Vector Vaccine | Pneumococcal Conjugate VaccineDTP VaccineInfluenzaMeningococcal VaccinePolio VaccineRotavirus VaccineMMR VaccineVaricella Virus Vaccine | Hospital PharmaciesRetail PharmaciesInstitutional Health Centres | Monovalent VaccinesMultivalent Vaccines |
The report begins with the market definition, followed by definitions of the different indication of paediatric vaccine. The market dynamics section includes a comprehensive analysis on key trends, drivers, restraints, opportunities and macro-economic factors influencing the growth of the global paediatric vaccine market.
The next section of the report analyses the global paediatric vaccine market on the basis of technology and presents forecast in terms of value for the next 10 years. In addition, we have considered Year-on-Year (Y-o-Y) growth to understand the predictability of the market and identify growth opportunities for companies operating in the global paediatric vaccine market.
In the final section of the report, a ‘competitive landscape’ has been included to provide a dashboard view of key companies operating in the global paediatric vaccine market. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the global paediatric vaccine market and the potential players. However, this section also includes market strategies and SWOT analysis of the main players operational in the global paediatric vaccine market. Detailed profiles of paediatric vaccine manufacturers are also included in the scope of the report to evaluate their long- and short-term strategies.
What is our research methodology?
To deduce the market size of the global paediatric vaccine market, we have considered various viewpoints based on secondary research. Furthermore, data points such as regional split and market split in terms of services and parts, service provider, and vehicle type; and qualitative inputs from industry experts have been considered to arrive at suitable market estimates. The forecast presented in the report evaluates the actual revenue generated and expected revenue in the global paediatric vaccine market over the forecast period.
When developing the market forecast, the report begins with sizing the current market, which forms the basis for forecasting how the market is expected to grow during the forecast period. Given the characteristics of the market, we have triangulated the data on the basis of various analyses based on supply side, demand side, and other dynamics of the global paediatric vaccine market. Also, we understand the ever-fluctuating nature of the global economy and hence, we not only conduct forecasts in terms of CAGR, but also evaluate the market on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify growth opportunities for market players operating in the global paediatric vaccine market.
Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is usually overlooked, while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective for services offered by paediatric vaccine market. To understand key segments in terms of their growth and performance in the global paediatric vaccine market, Future Market Insights has developed a market attractiveness index. The resulting index would help providers identify existing market opportunities.
Analyst’s Pick
Communicate and Connect
Secondary research plays a pivotal role in this research as the market is huge and it is constantly evolving with new innovations. We as a team not only searched for relevant information, but also spoke with some of the top honchos of vaccine manufacturing companies spread across the major healthcare economies of the world. This fetched some crucial and updated information about the market and provided a larger canvas to the research.
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The striking point
The entire paediatric vaccine market is expected to surge within the forecast period. The North American region will lead the global growth of the paediatric vaccine market. But the blanket ban on MMR combination vaccine in Japan will have a massive impact on the market.
Combination vaccine: A new ray of hope
The combination vaccine is holding the key to growth for the global paediatric vaccine market. The combination vaccine will slash the rising cost of vaccines and it will also expand the global periphery of the paediatric vaccine market.
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