Global Pneumonia Vaccines Market

Market Insights

Global Pneumonia Vaccines Market is likely to witness an impressive CAGR of 5.0% during the forecast period. 

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What are pneumonia vaccines?

Key players

Some of the key players in the market are-

• Serum Institute of India Pvt. Ltd.
• Panacea Biotec Limited
• GlaxoSmithKline Plc.
• LG Chem Ltd.
• Merck & Co., Inc.
• Pfizer Inc.
• Pnuvax Incorporated
• Shenzhen Kangtai Biological Products Co., Ltd.
• SK Bioscience
• Walvax Biotechnology Co., Ltd.

Segment Analysis

Product Type

The market is segmented into pneumonia conjugate vaccines and pneumonia polysaccharide vaccines. The pneumonia conjugate vaccine is estimated to be the largest product type in the market owing to its ability to immunize infants and children from the age of 6 weeks to 5 years, providing prevention from invasive disease, pneumonia, and acute otitis media.

There has been an increase in the adoption and usage of pneumonia conjugate vaccines amongst the population as many people are vulnerable to pneumonia including children below 5 years and adults above 50 years as well.

On the contrary, the pneumonia polysaccharide vaccine is estimated to be the fastest-growing segment in the market. The growth is attributed to the Pneumovax 23 which has been proven very effective in protecting healthy young adults from invasive pneumonia disease, fueling the product demand during the forecast period.

 By Region

Asia-Pacific is leading the market with India being the major country witnessing a significant growth rate, attributed to the increasing prevalence of pneumonia and growing mortality associated with the disease which is expected to fuel the product demand during the forecast period.

Further, the government getting strong funds from the Global Alliance of Vaccines and Immunization for more accessible pneumonia vaccines and increasing affordability will accelerate the growth of the regional market over the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Segmentation   

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The market is segmented into the following categories. 

 By Product Type:

• Pneumonia Conjugate Vaccines 
• Pneumonia Saccharide Vaccines 

 By Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and the Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and the Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with companies across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by region type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.