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HEALTHCARE & PHARMACEUTICAL

Global Pediatric Vaccines Market Analysis & Opportunity Outlook 2021

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Extensive insights into the Growth of Pediatric Vaccines Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Pediatric Vaccines Market Overview button

Pediatric vaccines work as a protective shield for infants, children and adolescents (age ranging from 0-18 years) against various fatal diseases such as influenza, diphtheria, hepatitis, meningococcal and pneumococcal diseases etc.

The global pediatric vaccine market was valued at USD 24 Billion in 2015 and is anticipated to exhibit a robust compound annual growth rate (CAGR) of 10.6% over the forecast period. Regionally, the global pediatric vaccine market is segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific and Rest of World. Asia-Pacific is projected to witness the highest growth rate in pediatric vaccines market in coming 5-6 years.

Market Size and Forecast

North America holds the top rank in pediatric vaccines market in the world. The pediatric vaccines market in North America is sparked by higher spending by the Federal government on healthcare industry. The U.S. and Canada are two major markets of pediatric vaccines in North America.Europe pediatric vaccines market is also propelled by larger government spending on development of medical and pharmaceutical industry. The market in major European countries such as Germany, Italy, France, Spain and U.K. is boosted from the funding allotted by public healthcare services such as NHS (Nation Healthcare Service). CLICK TO DOWNLOAD FREE SAMPLE REPORT

Asia-Pacific paediatric vaccines market is expected to get escalated by increasing initiatives of World Health organisation (WHO) in countries such as India, China and Japan. In addition to that, Asia-Pacific pediatric market is also likely to get fostered from strengthening economic growth of major Asian countries in future.

Market Segmentation

  • By Types

On the basis of technology, the global paediatric market is segmented into synthetic vaccines, dendritic cells vaccines, toxoid vaccines, live attenuated vaccines, inactivated vaccines, subunit vaccines and recombinant vector vaccines.

  • By Diseases

Based on disease the global paediatric market is segmented into cancer, Hepatitis A, Hepatitis B, Influenza, Polio, Rotavirus, Tetanus, allergy, infectious disease and other diseases.

The study further analysis the Y-O-Y Growth, demand & supply and forecast future opportunity in North America (United States, Canada), Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa).

Growth Drivers and challenges

Expanding government and private spending on development of pediatric and other vaccines is a major factor which is believed to foster the growth of global paediatric market in coming 5-6 years.However, limited or no access to healthcare services in developing/under-developed countries, low healthcare spending, and lower pediatric vaccination coverage etc. are some of the challenges which might hamper the growth of global paediatric vaccines market in future.

Key Players

The global pediatric vaccines market includes some of the top players such as Pfize, Merck, Sanofi Pasteur, Sinovac Biotech, Bio Med, Valeant Pharmaceuticals, Dynavax Technologies etc.                                                         

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

  • North America
  • Latin America
  • Western and Eastern Europe
  • Asia-Pacific
  • Rest of World

Segmentation

  • By Technology
  • By Diseases

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment


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