The growth of the global varicella vaccine market can be attributed to several factors, which has led to its wide-scale adoption. Better access to vaccines worldwide and growth of pediatric & adult population are anticipated to further contribute to the substantial growth of market between 2019 and 2030. However, complex government rules & regulations monitoring R&D and clinical studies of vaccine are likely to restrain the market to a certain extent.
Market Industry Reports (MIR) has published a new report titled “Varicella Vaccine Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the Global Varicella Vaccine Market is estimated to account for over US$ 3,256.1 million by 2019. The market is anticipated to grow at a CAGR of 12.3% from 2020 to 2030.
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Major Key Players of the Varicella Vaccine Market are:
Merck & Co., Inc., GlaxoSmithKline plc., BIKEN, Green Cross, Zuventus HealthCare Ltd., Sinovac Biotech Ltd., Changchun Baike Biotechnology Co., Ltd., SK chemicals (SK bioscience) and BIO-MED
Various organizations and government bodies across the globe are spreading awareness about the advantages of immunization & immunization programs in order to improve access to vaccines worldwide. The Global Vaccine Action Plan 2011-2020(GVAP) was introduced by WHO to reach maximum people with existing vaccines.
To obtain better insights regarding the market scenario, prominent players are increasingly focusing on collaborative initiatives with several institutes, research centers, and companies. For instance, In Feb 2018, VARIVAX, a live attenuated varicella-zoster (VZV) vaccine from Merck & Co., Inc, was awarded pre-qualification status by the World Health Organization (WHO). WHO pre-qualification allowed VARIVAX to expand access and provides a greater opportunity to help protect more people from varicella.
The Varicella Vaccine Market is segmented on the basis of Product, Modality, Cancer Type, End-Users and region.
Monovalent Varicella Vaccine and Combination Varicella Vaccine
Pediatric Patients and Adult Patients
As a standard protocol at MIR, all research assignments go through the following rigorous processes.
- Secondary Research
- Primary Research
- Market Size Estimation & Forecasting
- Data Validation & Triangulation
- Report Generation
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Table of Contents
- Market Definition
- Market Classification
- Geographic Scope
- Years Considered for the Study: Historical Years – 2017 & 2018; Base Year – 2019; Forecasted Years – 2020 to 2030
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Data Validation and Triangulation
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESSMENT
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