Recently, the increasing prevalence of diseases and novel vaccine technologies has been significant drivers for the global adult vaccines market. In addition, increased research in vaccine technologies and increasing government support also support the growth of the global adult vaccines market. In 2021, by Pfizer Vaccine Product Pipeline, XTANDI™ (enzalutamide) for adult men with metastatic hormone-sensitive prostate cancer (mHSPC, also know n as metastatic castration-sensitive prostate cancer or mCSPC) (E.U.)
How COVID-19 has Benefited the Adult Vaccine Market
Pandemic COVID-19 had mixed impact on vaccines industry. Some of the vaccines vaccination rates have declined. On the contrary few vaccines vaccination rates have jumped such as flu vaccines. The launches of COVID-19 vaccines have made a huge impact on the overall growth of vaccines industry. The vaccines industry has registered a growth of Billion of USD in the year 2021. According to this report Global Adult Vaccine Industry is projected to grow with a CAGR of 6% from 2021-2027.
Adult Vaccine Market Size was US$ 18.8 Billion in 2021
The global adult vaccines disease segment includes Influenza, Cervical Cancer (HPV), Zoster (Shingles), MMR (Measles, Mumps, and Rubella Vaccine), Pneumococcal, Meningococcal, Hepatitis, TdaP, Travel and Miscellaneous, Varicella. Pneumonia is a disorder that drives lung contamination in one or both the lungs induced by viruses, bacteria organisms, or fungi; bacterial pneumonia is the most familiar in adults. However, adults are more prone to pneumococcal contaminations and even death. Pneumonia vaccines are primarily given to adults; in general, single-dose vaccines given to adults. These vaccines help provide immunizations against 13 types of pneumococcal bacteria that cause lung infection.
The viral infection due to flu in the respiratory system is called influenza. The influenza virus traverses through respiratory droplets, and it is contagious. It also spreads from one person to another while physical contact and talking, particularly in adults. Healthcare organizations all over the world, like the (CDC) Centers for Disease Control and Prevention, have suggested vaccines like baloxavir marboxil (Xofluza) for the treatment of influenza have recommended certain influenza vaccines such as baloxavir marboxil (Xofluza) to treat the symptoms in adults.
According to CDC 2019-2018, Vaccinated by disease:
- 45% of adults received the vaccine for Influenza
- 69% of adults receive a pneumococcal vaccination
- 49% of adolescents aged 13-17 received the HPV vaccination
Key Industry Players:
The key players operating in the vaccine industry include GlaxoSmithKline, plc.’s Vaccines Sales, Merck & Co. Vaccines Sales, Sanofi Pasteur’s Vaccines Sales, Pfizer, Inc.’s Vaccines Sales, Thoracic Aortic Aneurysm (TAA) CSL Limited sales. In 2021 - GlaxoSmithKline plc announced that they have introduce a (BLA) Biologics License Application to the U.S. FDA for their investigational vaccine PRIORIX and desires approval to use it against measles, mumps, and rubella (MMR) in the U.S. region. The vaccine was first registered in Germany and is presently licensed in over 100 countries globally.
This latest research report “Adult Vaccines Market Disease wise ( Influenza, Cervical Cancer (HPV), Zoster (Shingles), MMR (Measles, Mumps, and Rubella Vaccine), Pneumococcal, Meningococcal, Hepatitis, TdaP, Travel and Miscellaneous, Varicella) Numbers of Vaccinated Adults (Influenza, Cervical Cancer (HPV), Zoster (Shingles), MMR (Measles, Mumps, and Rubella Vaccine), Pneumococcal, Meningococcal, Hepatitis, TdaP, Varicella) by company analysis (GlaxoSmithKline, plc.’s Vaccines Sales, Merck & Co. Vaccines Sales, Sanofi Pasteur’s Vaccines Sales, Pfizer, Inc.’s Vaccines Sales, Thoracic Aortic Aneurysm (TAA) CSL Limited sales)” provides a detailed analysis of Adult Vaccines Industry
Disease wise - Adult Vaccine Market has been covered from 11 viewpoints
- Coronavirus (COVID-19)
- Influenza
- Cervical Cancer (HPV)
- Zoster (Shingles)
- MMR (Measles, Mumps, and Rubella Vaccine)
- Pneumococcal
- Meningococcal
- Hepatitis
- TdaP
- Travel and Miscellaneous
- Varicella
Disease wise - Numbers of Vaccinated Adults has been covered from 10 viewpoints
- Coronavirus (COVID-19)
- Influenza
- Cervical Cancer (HPV)
- Zoster (Shingles)
- MMR
- Pneumococcal
- Meningococcal
- Hepatitis
- TdaP
- Varicella
Company Insights
- Overviews
- Recent Developments
- Revenues
Company Analysis:
- GlaxoSmithKline, plc.’s
- Merck & Co.
- Sanofi Pasteur’s
- Pfizer, Inc.’s
- CSL Limited
Table of Contents
Companies Mentioned
- GlaxoSmithKline, plc.’s
- Merck & Co.
- Sanofi Pasteur’s
- Pfizer, Inc.’s
- CSL Limited
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 135 |
| Published | February 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 18.8 Billion |
| Forecasted Market Value ( USD | $ 26.7 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
