Pediatric Vaccines Market, Share, Global Forecast 2022-2027, Industry Trends, Growth, Size, Impact of COVID-19, Company Analysis
Global Pediatric Vaccines Market is expected to reach USD 62 Billion in 2027. In this huge market of vaccines Pediatric Vaccines for Coronavirus account for a significant market share. Over the years, Pediatric vaccination has made a tremendous public health success story. The lives of billions of children have been saved, and millions have the chance of a longer, healthier life, a more significant opportunity to learn, play, read and write, and move around freely without suffering. Besides, in the 21st century, the development, licensing, and implementation of Pediatric vaccines as part of large, systematic immunization programs have also addressed global health inequities. Therefore, imagining a world without vaccines would be life-threatening, with diseases presenting daily risk.
Impact of COVID-19 on Global Pediatric Vaccines Market
With the emergence of the SARS-CoV-2 virus in December 2019 and its potential for global dissemination to cause COVID-19 disease was realized, there was an urgent need to develop vaccines at an unprecedented rate and scale for the particular pandemic. Hence, amidst the pandemic, the global market for Pediatric vaccines declined in 2020 as most of the healthcares personal were busy in COVID-19 management.
However, the Pediatric vaccines market size has shown tremendous growth for the year 2021. All thanks to the COVID-19 vaccines approval for children in few western countries. Furthermore, as we appreciate and quantify the health, economic and social benefits of Pediatric vaccines and immunization programs to individuals and society. We endeavour to see the Global Pediatric Vaccine Industry to register a CAGR of 4.4% during the forecast period of 2021-2027.
Numbers of Vaccinated Pediatric (Infants) Remains Variable
At the same time, access to Pediatric vaccines that prevent life-threatening infectious diseases remains variable to all infants around the world. Further, to eradicate such problems, numerous individuals and agencies are working hard to address them globally. Recently, the development of safe and efficacious vaccination against diseases that cause substantial morbidity and mortality has been a significant scientific advance. Vaccination, sanitation, and clean drinking water are public health interventions that are undeniably responsible for improved infant health outcomes globally.
For instance, agencies including the United Nations Children's Fund (UNICEF), World Health Organization (WHO), Gavi, The Bill & Melinda Gates Foundation, the Vaccine Alliance, and the Coalition for Epidemic Preparedness Initiative (CEPI), with their multiple funding streams have been instrumental in expanding vaccine benefits to all.
Worldwide Pediatric Vaccines Market Size was US$ 47.8 Billion for 2021
The global pediatric vaccines market is robust and has successfully reached enormous potential. Hence, pediatric vaccines are among tremendous advances in global health and development. Besides, pediatric vaccines have safely reduced the scourge of diseases like Influenza, MMR, Pneumococcal, Meningococcal, Hepatitis, DTaP, Hib (Haemophilus Influenza Type B), Combos (Combination Vaccines), Polio, Rotavirus and Varicella, helping children grow up healthy and happy. Remarkably, with immunization efforts worldwide, children can walk, play, dance and learn. Today, vaccines are expected to be one of the most cost-effective means of advancing global welfare.
Major Players in Global Pediatric Vaccines Market
The Pediatric vaccines market consists of several major players, including GlaxoSmithKline, Merck & Co, Sanofi Pasteur's, Pfizer, Inc. and Thoracic Aortic Aneurysm (TAA)CSL Limited. Notwithstanding, the key players of pediatric vaccines are broad and far-reaching, though not consistently quantifiable, analyzed or communicated. However, an increasing appreciation for vaccines' economic and social effects is being included in the development of the new vaccine, potentially realizing a more significant benefit to society and resulting in broader implementation by the companies.
Renub Research latest report “Pediatric Vaccines Market, Global Forecast By Disease Wise (Influenza, MMR, Pneumococcal, Meningococcal, Hepatitis, DTaP, Hib (Haemophilus Influenza Type B), Combos (Combination Vaccines), Polio, Rotavirus and Varicella), Crop (Influenza, MMR, Pneumococcal, Meningococcal, Hepatitis, DTaP, Hib (Haemophilus Influenza Type B), Combos (Combination Vaccines), Polio, Rotavirus and Varicella), Products and Pipeline (GSK Vaccine Product Pipeline, Merck Vaccine Product Pipeline, Sanofi Vaccine Product Pipeline and Pfizer Vaccine Product Pipeline), Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa), Key Players Sales (GlaxoSmithKline, Merck & Co, Sanofi Pasteur's, Pfizer, Inc. and Thoracic Aortic Aneurysm (TAA)CSL Limited)” provides a detailed analysis of Pediatric Vaccines Industry.
Disease wise – Pediatric (Infants) Vaccines Market have been covered from 12 viewpoints:
1. Coronavirus (COVID-19)
2. Influenza
3. MMR (Measles, Mumps, and Rubella Vaccine)
4. Pneumococcal
5. Meningococcal
6. Hepatitis
7. DTaP
8. Haemophilus Influenzae Type B (HIB)
9. Combos (Combination)
10. Polio
11. Rotavirus
12. Varicella
Disease wise – Numbers of Vaccinated Pediatric (Infants) have been covered from 12 viewpoints:
1. Coronavirus (COVID-19)
2. Influenza
3. MMR (Measles, Mumps, and Rubella Vaccine)
4. Pneumococcal
5. Meningococcal
6. Hepatitis
7. DTaP
8. Haemophilus Influenzae Type B (HIB)
9. Combos (Combination)
10. Polio
11. Rotavirus
12. Varicella
By Regions – Pediatric (Infants) Vaccines Market and Number have been covered from 5 viewpoints:
1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East and Africa
Vaccines – Products and Pipeline have been covered from 4 viewpoints:
1. GSK Vaccine Product Pipeline
2. Merck Vaccine Product Pipeline
3. Sanofi Vaccine Product Pipeline
4. Pfizer Vaccine Product Pipeline
Company Insight:
• Overview
• Recent Development
• Sales Analysis
Vaccines Key Players Sales have been covered from 5 viewpoints:
1. GlaxoSmithKline, Plc
2. Merck & Co.
3. Sanofi Pasteur’s
4. Pfizer, Inc.’s
5. CSL Limited
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