Global Viral Vaccines Market Size By Technology (Recombinant & conjugate vaccines, Inactivated vaccines), By Indication (Pneumococcal disease, Meningococcal disease), By Distribution Channel (Hospital pharmacy, Online pharmacy), By End-User (Pediatric, Adult), By Route Of Administration (Oral, Injectable), By Geographic Scope And Forecast

Report ID: 37334|No. of Pages: 202

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Global Viral Vaccines Market Size By Technology (Recombinant & conjugate vaccines, Inactivated vaccines), By Indication (Pneumococcal disease, Meningococcal disease), By Distribution Channel (Hospital pharmacy, Online pharmacy), By End-User (Pediatric, Adult), By Route Of Administration (Oral, Injectable), By Geographic Scope And Forecast

Report ID: 37334|Published Date: Feb 2024|No. of Pages: 202|Base Year for Estimate: 2021|Format:   Report available in PDF formatReport available in Excel Format

Viral Vaccines Market Size And Forecast

Viral Vaccines Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.

The global impact of COVID19 has been unprecedented and overwhelming, with vaccines positively impacting the demand in all regions amid the pandemic. The most powerful and affordable way to protect billions of people around the world. Vaccine development has the potential to transform health by lifting the burden of life-threatening infectious diseases in the populations of affluent nations. The World Health Organization (WHO) states that government initiatives have helped prevent 2-3 million deaths per year. The massive investment that goes hand in hand with corporate integration increases the production and sales of products around the world.

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Viral Vaccines Market Size And Forecast

Global Viral Vaccines Market Definition

Vaccines are biological preparations, usually made from living organisms, that increase immunity against a specific disease. Vaccines that prevent the disease from occurring are called prophylactic vaccines, and in some cases, those that treat disease are called therapeutic vaccines. The four main types of vaccines are inactivated vaccines, live attenuated vaccines, conjugate vaccines, and toxoid vaccines.

Viral vaccines contain killed or attenuated viruses or their products, which can cause the immune system to make antibodies against them. An effective vaccine has eliminated a number of diseases, such as polio and smallpox, with a high mortality rate. Vaccines play an important role in maintaining sustainable human health in various countries.

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Global Viral Vaccines Market Overview

The demand for vaccines has increased in recent years due to the increasing incidence of both bacterial and viral infectious diseases. Vaccines are essentially given to people of different ages, boosting their immune systems for life and providing protection against various types of infectious diseases. Due to the COVID19 pandemic, most healthcare, pharmaceutical, and biotech organizations have focused on diagnostic kits, wearable safety devices, and treatment vaccines and drugs for the novel coronavirus. Most of the leading companies are focused on finding an innovative vaccine against the new coronavirus. In addition, medical professionals started focusing more on novel coronavirus.

Additionally, pharmaceutical companies are prioritizing research and development of diagnostics, treatments, health technologies, and vaccines related to COVID19, as well as analyzing the potential of existing treatments. All these factors are expected to continue to impact the global Viral Vaccines Market in the future. The rise in the occurrence of numerous infectious and non-infectious sicknesses and technological improvements are projected to force the worldwide Viral Vaccines Market place all through the forecast period. According to the World Health Organization (WHO), numerous vaccines are in pipeline and currently in clinical trials. The rise in the number of vaccines in the pipeline is predicted to propel the worldwide Viral Vaccines Market place.

An increase in funding in the direction of improvement of recent vaccines is predicted to force the worldwide Viral Vaccines Market place withinside the coming years. For instance, researchers at Scripps Research Florida have been a success in growing a non-conventional vaccine to defeat SIVmac239 viral pressure labeled the “loss of life star” which offers long-lasting safety to uninfected people from more than one type of HIV stimulating the call for the vaccine. In addition, an upward push in the occurrence of numerous infectious illnesses and a boom in recognition concerning early sickness prognosis and prevention force the call for shielding vaccines; thereby, boosting the marketplace boom. Several efforts are taken by organizations, together with the UNICEF has multiplied the vaccine adoption over the years.

The Pan American Health Organization (PAHO) rotational fund and UNICEF donation agency allow for the purchase of low-cost vaccines in various countries. Every year, PAHO and UNICEF achieve goals for approximately 40 regions and around 100 countries, respectively thus, it has had a positive effect on the adoption rate. However, the high cost incurred in the research and development of vaccines is a major restraint for this market. Additionally, less penetration of awareness programs related to vaccination and health education in the less developed region seems to stay a major challenge for the market. Emerging economies, especially in China, India, and Southeast Asia are expected to widen opportunities due to a surge in awareness and disposable income.

Global Viral Vaccines Market Segmentation Analysis

The Global Viral Vaccines Market is segmented on the basis of Technology, Indication, Distribution Channel, End-User, Route Of Administration, And Geography.

Viral Vaccines Market Segmentation Analysis

Viral Vaccines Market, By Technology

• Recombinant & conjugate vaccines
• Inactivated vaccines
• Live attenuated vaccines
• Toxoid vaccines
• Others

Based on Technology, The market is segmented into Recombinant & conjugate vaccines, Inactivated vaccines, Live attenuated vaccines, Toxoid vaccines, and Others. Recombinant & conjugate vaccines account for the largest share in this segment due to incremental support from governments and a surge in company investments in the development of such vaccines.

Viral Vaccines Market, By Indication

• Pneumococcal disease
• Meningococcal disease
• Herpes zoster
• Influenza
• Combination vaccines
• Polio
• COVID-19
• HPV
• Rotavirus
• MMR
• Varicella
• Hepatitis
• DTP
• Others

Based on Indication, The market is segmented into Pneumococcal disease, Meningococcal disease, Herpes zoster, Influenza, Combination vaccines, Polio, COVID-19, HPV, Rotavirus, MMR, Varicella, Hepatitis, DTP, and Others. Bacterial disease holds the largest share due to the high sales of pneumococcal, meningitis, and DTP worldwide. This is a first-line vaccine for newborns and an encouraging dose for pediatric infections. Part of the viral load is predicted to have a very high CAGR due to the forthcoming introduction of vaccines and increased sales of HPV and flu products. Recently, Janssen Pharmaceutical Companies announced the provision of the 200,000 Ebola program to Rwandan citizens in East Africa, with the aim of preventing the Ebola outbreak.

Viral Vaccines Market, By Distribution Channel

• Hospital pharmacy
• Online pharmacy
• Research institutes
• Others

Based on Distribution Channel, The market is segmented into Hospital pharmacy, Online pharmacy, Research institutes, and Others. Hospitals and retail pharmacies are expected to have a high share because vaccines are a short-term procedure that is usually performed in small facilities. Hospitals and pharmacies around the world are monitored by the government to ensure that demand is met and that retailers have sufficient stock of stock. International government agencies such as the Global Alliance for Vaccines and Immunization (GAVI), UNICEF, Pan American Health Organization, and others are focused on achieving a sustainable global supply of products. These organizations receive volume from millions of manufacturers and focus on supplying countries with limited access. These organizations are expanding their geographical reach to Africa, the Middle East, Asia Minor, Latin America, and Europe. This is expected to increase the market value of the government’s supplier distribution channel in the coming years.

Viral Vaccines Market, By End-User

• Pediatric
• Adult

Based on End-User, The market is segmented into Pediatric and Adult. The pediatric segment is expected to have a better market share due to the growing global birth cohort resulting in more vaccination. In the last two years due to the introduction of adult Covid-19 vaccines, this segment grew at a high rate and during the forecasted period the growth is expected to be increasing.

Viral Vaccines Market, By Route of Administration

• Oral
• Injectable

Based on Route of Administration, The market is segmented into Oral and Injectable.

Viral Vaccines Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Regional Analysis, The Global Viral Vaccines Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. A steady and dominant increase of the marketplace in North America is anticipated to develop regularly and is anticipated to preserve the dominant marketplace percentage because of the wide variety of things that encompass vaccination awareness, the presence of robust manufacturers, and steady authorities’ coverage concerning welfare. It additionally specializes in imposing immunization throughout the North American countries through good enough financing policies.

The Asia Pacific is anticipated to witness faster growth throughout the region. Japan dominates the Asia Pacific marketplace with the best marketplace percentage due to the growing population in China and India. This element is the primary element growing call for injections. On the opposite hand, Europe is projected to witness a consistent increase withinside the marketplace. Germany and France are probable to make contributions to the enlargement of the European marketplace. Latin America and Middle East & Africa are anticipated to check-in barely better increase because of the growing call for immunization to cater to the prevalence of chronic sicknesses that require vaccination specially withinside the African international locations.

Key Players

The “Global Viral Vaccines Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Pfizer, Sanofi, GSK, Merck & Co., AstraZeneca plc, Serum institute of India Private Limited, Moderna, Novartis, and among others.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Viral Vaccines Market Key Developments And Mergers

• April 2022 –ReViral is acquired by Pfizer. Due to this activity, Pfizer is now having ownership of the RSV viral vaccine development.

• April 2022 – Cadilla pharma launches novel 3 dose vaccine for rabies, naming ‘ThRabis’. This is having Virus-like Particle technology and recombinant nano-particle-based G protein vaccine by property.

• October 2021 – Pfizer receives US FDA Emergency Use Authorization (EUA) for Pfizer-BioNTech COVID-19 vaccine for children 5 to 11 years of age.

• August 2021 – The Pfizer-BioNTech COVID-19 COMIRNATY vaccine has received full US FDA approval for people 16 years and older.

• July 2021 – GSK gets US FDA approval for Shingrix (Zoster Vaccine Recombinant, Adjuvanted) to prevent shingles (herpes zoster) in adults 18 years and older who are at high risk of shingles or who will be at risk due to lack of protection allergies or allergies caused by a known disease or treatment.

• June 2021 – Merck announces launch of VAXELIS (Diphtheria and Tetanus Toxoids and Acellular Pertussis, Active Poliovirus, Haemophilus Conjugate, and Hepatitis B Vaccine) in the US, developed in partnership with Sanofi Pasteur.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2018-2030

BASE YEAR

2021

FORECAST PERIOD

2022-2030

HISTORICAL PERIOD

2018-2020

KEY COMPANIES PROFILED

Pfizer, Sanofi, GSK, Merck & Co., AstraZeneca plc, Serum institute of India Private Limited, Moderna, Novartis, and among others.

SEGMENTS COVERED

By Technology, By Indication, By Distribution Channel, By End-User, By Route Of Administration, And By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

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Research Methodology of Verified Market Research

Research Methodology of VMR

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

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Frequently Asked Questions

The demand for vaccines has increased in recent years due to the increasing incidence of both bacterial and viral infectious diseases.

The Major Players are Pfizer, Sanofi, GSK, Merck & Co., AstraZeneca plc, Serum institute of India Private Limited, Moderna, Novartis, and among others.

The Global Viral Vaccines Market is segmented on the basis of Technology, Indication, Distribution Channel, End-User, Route Of Administration, And Geography.

The sample report for the Viral Vaccines Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
1 INTRODUCTION OF GLOBAL VIRAL VACCINES MARKET 1.1 Overview of the Market 1.2 Scope of Report 1.3 Assumptions 2 EXECUTIVE SUMMARY 3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH 3.1 Data Mining 3.2 Validation 3.3 Primary Interviews 3.4 List of Data Sources 4 GLOBAL VIRAL VACCINES MARKET OUTLOOK 4.1 Overview 4.2 Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 Porters Five Force Model 4.4 Value Chain Analysis 5 GLOBAL VIRAL VACCINES MARKET, BY TECHNOLOGY 5.1 Overview 5.2 Recombinant & conjugate vaccines 5.3 Inactivated vaccines 5.4 Live attenuated vaccines 5.5 Toxoid vaccines 5.6 Others 6 GLOBAL VIRAL VACCINES MARKET, BY INDICATION 6.1 Overview 6.2 Pneumococcal disease 6.3 Meningococcal disease 6.4 Herpes zoster 6.5 Influenza 6.6 Combination vaccines 6.7 Polio 6.8 COVID-19 6.9 HPV 6.10 Rotavirus 6.11 MMR 6.12 Varicella 6.13 Hepatitis 6.14 DTP 6.15 Other 7 GLOBAL VIRAL VACCINES MARKET, BY DISTRIBUTION CHANNEL 7.1 Overview 7.2 Hospital pharmacy 7.3 Online pharmacy 7.4 Research institutes 7.5 Others 8 GLOBAL VIRAL VACCINES MARKET, BY END-USER 8.1 Overview 8.2 Pediatric 8.3 Adult 9 GLOBAL VIRAL VACCINES MARKET, BY ROUTE OF ADMINISTRATION 9.1 Overview 9.2 Oral 9.3 Injectable 10 GLOBAL VIRAL VACCINES MARKET, BY GEOGRAPHY 10.1 Overview 10.2 North America 10.2.1 U.S. 10.2.2 Canada 10.2.3 Mexico 10.3 Europe 10.3.1 Germany 10.3.2 U.K. 10.3.3 France 10.3.4 Rest of Europe 10.4 Asia Pacific 10.4.1 China 10.4.2 Japan 10.4.3 India 10.4.4 Rest of Asia Pacific 10.5 Latin America 10.5.1 Brazil 10.5.2 Argentina 10.5.3 Rest of Latin America 10.6 Middle East and Africa 10.6.1 Saudi Arabia 10.6.2 UAE 10.6.3 South Africa 10.6.4 Rest of Middle East and Africa 11 GLOBAL VIRAL VACCINES MARKET COMPETITIVE LANDSCAPE 11.1 Overview 11.2 Company Market Ranking 11.3 Key Development Strategies 12 COMPANY PROFILES 12.1 Pfizer Inc. (US). 12.1.1 Overview 12.1.2 Financial Performance 12.1.3 Product Outlook 12.1.4 Key Developments 12.2 Sanofi S.A. (France). 12.2.1 Overview 12.2.2 Financial Performance 12.2.3 Product Outlook 12.2.4 Key Developments 12.3 GSK (England). 12.3.1 Overview 12.3.2 Financial Performance 12.3.3 Product Outlook 12.3.4 Key Developments 12.4 Merck & Co. (US). 12.4.1 Overview 12.4.2 Financial Performance 12.4.3 Product Outlook 12.4.4 Key Developments 12.5 AstraZeneca plc (England). 12.5.1 Overview 12.5.2 Financial Performance 12.5.3 Product Outlook 12.5.4 Key Developments 12.6 Moderna, Inc., (US). 12.6.1 Overview 12.6.2 Financial Performance 12.6.3 Product Outlook 12.6.4 Key Developments 12.7 Serum institute of India Private Limited (India). 12.7.1 Overview 12.7.2 Financial Performance 12.7.3 Product Outlook 12.7.4 Key Developments 12.8 Novartis (Switzerland). 12.8.1 Overview 12.8.2 Financial Performance 12.8.3 Product Outlook 12.8.4 Key Developments 13 Appendix 13.1.1 Related Reports

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Viral Vaccines Market

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