• Blog
  • Pediatric Drugs And Vaccines Market Report

    Pediatric Drugs And Vaccines Market Report

    Pediatric Drugs And Vaccines Market Report
    Report code - SR1422 Delivery - 2 Weeks
    Get Free Sample |
    Pediatric Drugs and Vaccines Market Trends, Dynamics & Market Insights
    See more...

    Impact of COVID-19 on Pediatric Drugs And Vaccines Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Pediatric Drugs And Vaccines Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Pediatric Drugs and Vaccines Market is estimated to grow from USD 92.8 billion in 2020 to USD 150.8 billion by 2026 at a healthy CAGR of 8.6% during the forecast period.

    Figure: Pediatric Drugs and Vaccines Market Size, 2020-2026 (USD Billion)

    Pediatric-Drugs-Market-Forecast

    Wish to get a free sample? Register Here

    What are pediatric drugs?

    Pediatric drugs and vaccines are those are given to children to guard them from harmful diseases which may be non-infectious or infectious. Sometimes inactivated viruses are added inside these vaccines as adjuvants. These inactivated viruses lose their ability to cause any disease.

    Key Players

    Key players operating in the pediatric drugs and vaccines market are-

    • Abbott Laboratories (US)
    • Baxter International Inc. (US)
    • Boston Scientific Corporation (US)
    • Becton
    • Dickinson and Company (US)
    • General Electric Company (GE Healthcare) (US)
    • Johnson & Johnson (US)
    • Masimo Corporation (US)
    • Medtronic Care Management Services LLC (US)
    • Omron Corporation (Japan).

    Market Dynamics

    The growing pediatric population worldwide is likely to spur the demand for pediatric drugs and vaccines which will, in turn, promote significant growth. In 2016, as per the U.S.-based non-profit organization Child Trends, there were nearly 78 million children below the age of 18, holding for 23.0% of the total U.S. population. Moreover, the growing number of births across the globe coupled with the growing prevalence of pediatric diseases are some of the factors stimulating global pediatric drugs and vaccines growth.

    Segments' Analysis

    Disease Trends

    Based on disease, the market has been divided into infectious disease, cancer, allergy & respiratory, nervous system disorders, cardiovascular disease, diabetes, and others. The infectious diseases segment accounted for a substantial market share in 2020. Growing global awareness about immunization against several infectious diseases that cause mortality and morbidity. An increase in the incidence of diseases, such as typhoid, chickenpox, measles, cholera, and hepatitis, in children, results in high demand for immunization, is likely to segment growth.

    Regional Trends

    The market in North America accounted for the largest share in 2020 and is projected to continue its dominance during the review period. A large children pool and growing treatment options for pediatric diseases are boosting the regional market growth. A well-established healthcare system and high per capita healthcare expenditure are further augmenting up the growth of the pediatric drugs and vaccines market in the region.

    COVID-19 Impact on Pediatric Drugs and Vaccines (GPCRs) Market

    The COVID-19 outbreak impacted the growth of the pediatric drugs and vaccines market positively as the visits to hospitals for medical consultation decreased due to fear of getting infected. The usage of pediatric drugs and vaccines made it easier for the patients to be able to consult the healthcare providers online.

    • What are the key trends in the pediatric drugs and vaccines market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the pediatric drugs and vaccines market?
    • What are the key strategies adopted by the major vendors to lead in the pediatric drugs and vaccines market?
    • What is the market share of the top vendors?

    Get the full scope of the report. Register Here

    Target Audience

    Here is the list of the group of customers that the pediatric drugs and vaccines market hopes to have the greatest opportunity to convert-

    • Pediatric drugs and vaccines distributors
    • Pediatric drugs and vaccines suppliers
    • Pediatric drugs and vaccines manufacturers
    • Logistics organizations
    • Government bodies

    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.

    Frequently Asked Questions (FAQs)

    The pediatric drugs and vaccines market is expected to witness an impressive growth of 8.6% CAGR in the coming years.

    Abbott Laboratories (US), Baxter International Inc. (US), Boston Scientific Corporation (US), Bec-ton, Dickinson, and Company (US); General Electric Company (GE Healthcare) (US), Johnson & Johnson (US), Masimo Corporation (US), Medtronic Care Management Services LLC (US), and Omron Corporation (Japan) are among the key players in the pediatric drugs and vaccines market.

    The pediatric drugs and vaccines market size is expected to reach USD 150.8 billion in the foreseeable future.

    The infectious diseases segment accounted for a substantial share in the pediatric drugs and vaccines market in 2020.

    North America is expected to remain dominant in the pediatric drugs and vaccines market in the next five years.

    Pediatric drugs and vaccines distributors, Pediatric drugs and vaccines suppliers, Pediatric drugs and vaccines manufacturers, Logistics organizations, Government bodies are the target audience in the pediatric drugs and vaccines market.

    //