This PedvaxHIB market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.
The growth observed in the historical period can be attributed to several factors, including the increasing incidence of Hib-related infections, growing recognition of the importance of childhood vaccination, rising awareness of vaccine-preventable diseases, and the expansion of immunization programs globally.
The growth anticipated during the forecast period can be attributed to factors such as the expansion of global vaccination initiatives, increased awareness of the importance of protecting infants and young children from Haemophilus influenzae type B (Hib) infections, and growing investments from governments and the healthcare sector in immunization programs. Key trends during this period include advancements in vaccine formulations aimed at improving efficacy, extending protection, reducing the need for booster doses, and broadening its use within pediatric populations.
The growth of the PedvaxHIB market is expected to be driven by the increasing immunization initiatives worldwide. These initiatives refer to coordinated efforts by governments, healthcare organizations, and global health agencies to prevent infectious diseases through widespread vaccination programs. The rise in immunization initiatives is primarily due to growing awareness of vaccine-preventable diseases, supportive government policies, advancements in vaccine technology, and the pursuit of global health goals, such as the eradication of Hib-related illnesses. PedvaxHIB plays a crucial role in these efforts by offering effective protection against Haemophilus influenzae type b (Hib), a leading cause of severe bacterial infections in children. For example, in July 2024, the World Health Organization reported that the Hib vaccine had been introduced in 193 member states by the end of 2023, with global coverage of three doses estimated at 77%. However, coverage varies by region, with the WHO European Region at 94%, compared to just 33% in the WHO Western Pacific Region. As immunization initiatives expand globally, the PedvaxHIB market is set to grow.
Rising healthcare expenditure is also expected to drive the growth of the PedvaxHIB market. Healthcare spending refers to financial investments made by governments, private sectors, and organizations to support medical services, infrastructure, and public health initiatives. The increase in healthcare expenditure is attributed to factors such as the rising prevalence of infectious diseases, the need for stronger healthcare systems, and a commitment to improving public health outcomes. As healthcare spending rises, access to vaccines improves, which in turn boosts demand for PedvaxHIB and encourages widespread vaccination programs, particularly in underserved regions. For example, in May 2024, the Office for National Statistics reported that UK healthcare spending was around $359.16 billion (£292 billion) in 2023, marking a 5.6% increase compared to the previous year. Additionally, long-term health and social care expenditure grew by 2.8% in real terms in 2022. This growing healthcare expenditure is contributing to the expansion of the PedvaxHIB market.
A notable trend in the PedvaxHIB market is the advancement of immunization strategies for specific populations, such as American Indian/Alaska Native (AI/AN) infants, to enhance the efficacy and accessibility of vaccines. PedvaxHIB remains the preferred vaccine for the primary series in AI/AN infants due to its strong protection after the first dose, addressing the higher risk of invasive Hib disease in this group. For example, in June 2024, the Centers for Disease Control and Prevention (CDC) approved a federal vaccine committee's recommendation to include Vaxelis and PedvaxHIB as preferred Hib vaccines for AI/AN infants. The use of these vaccines offers flexibility and reduces the number of injections required in the immunization series. The CDC's Advisory Committee on Immunization Practices unanimously supported the recommendation, which was pending publication in the Morbidity and Mortality Weekly Report. AI/AN children under five are 31 times more likely to suffer from invasive Hib disease, making PedvaxHIB's strong protection particularly important. Prior to the availability of vaccines, Hib meningitis occurred at a higher rate among AI/AN infants.
The key company operating in the pedvaxhib market is Merck & Co. Inc.
North America was the largest region in the pedvaxHIB market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in pedvaxHIB report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the pedvaxHIB market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
PedvaxHIB is a vaccine designed to protect against infections caused by Haemophilus influenzae type b (Hib), a bacterium responsible for serious diseases such as meningitis, pneumonia, and epiglottitis, especially in children under 5 years old. It is a conjugate vaccine that combines parts of the Hib bacterium with a protein to enhance immunity. Typically administered via intramuscular injection, it is given in doses starting at 2 months of age as part of routine immunization schedules.
PedvaxHIB is primarily indicated for the prevention of meningitis, epiglottitis, pneumonia, bacteremia, and as a routine childhood vaccine. Its primary goal is to protect children from Hib meningitis, a severe and potentially life-threatening condition, by significantly reducing its incidence and complications. The vaccine is distributed through direct sales, pharmacies, and government health programs, and is used by various end users, including pediatric clinics, hospitals, and public health programs.
The pedvaxHIB market research report is one of a series of new reports that provides pedvaxHIB market statistics, including pedvaxHIB industry global market size, regional shares, competitors with a pedvaxHIB market share, detailed pedvaxHIB market segments, market trends and opportunities, and any further data you may need to thrive in the pedvaxHIB industry. This pedvaxHIB market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pedvaxHIB market consists of sales of monovalent, and combination vaccines, pre-filled syringes, single-dose vials, and packaging materials. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The growth observed in the historical period can be attributed to several factors, including the increasing incidence of Hib-related infections, growing recognition of the importance of childhood vaccination, rising awareness of vaccine-preventable diseases, and the expansion of immunization programs globally.
The growth anticipated during the forecast period can be attributed to factors such as the expansion of global vaccination initiatives, increased awareness of the importance of protecting infants and young children from Haemophilus influenzae type B (Hib) infections, and growing investments from governments and the healthcare sector in immunization programs. Key trends during this period include advancements in vaccine formulations aimed at improving efficacy, extending protection, reducing the need for booster doses, and broadening its use within pediatric populations.
The growth of the PedvaxHIB market is expected to be driven by the increasing immunization initiatives worldwide. These initiatives refer to coordinated efforts by governments, healthcare organizations, and global health agencies to prevent infectious diseases through widespread vaccination programs. The rise in immunization initiatives is primarily due to growing awareness of vaccine-preventable diseases, supportive government policies, advancements in vaccine technology, and the pursuit of global health goals, such as the eradication of Hib-related illnesses. PedvaxHIB plays a crucial role in these efforts by offering effective protection against Haemophilus influenzae type b (Hib), a leading cause of severe bacterial infections in children. For example, in July 2024, the World Health Organization reported that the Hib vaccine had been introduced in 193 member states by the end of 2023, with global coverage of three doses estimated at 77%. However, coverage varies by region, with the WHO European Region at 94%, compared to just 33% in the WHO Western Pacific Region. As immunization initiatives expand globally, the PedvaxHIB market is set to grow.
Rising healthcare expenditure is also expected to drive the growth of the PedvaxHIB market. Healthcare spending refers to financial investments made by governments, private sectors, and organizations to support medical services, infrastructure, and public health initiatives. The increase in healthcare expenditure is attributed to factors such as the rising prevalence of infectious diseases, the need for stronger healthcare systems, and a commitment to improving public health outcomes. As healthcare spending rises, access to vaccines improves, which in turn boosts demand for PedvaxHIB and encourages widespread vaccination programs, particularly in underserved regions. For example, in May 2024, the Office for National Statistics reported that UK healthcare spending was around $359.16 billion (£292 billion) in 2023, marking a 5.6% increase compared to the previous year. Additionally, long-term health and social care expenditure grew by 2.8% in real terms in 2022. This growing healthcare expenditure is contributing to the expansion of the PedvaxHIB market.
A notable trend in the PedvaxHIB market is the advancement of immunization strategies for specific populations, such as American Indian/Alaska Native (AI/AN) infants, to enhance the efficacy and accessibility of vaccines. PedvaxHIB remains the preferred vaccine for the primary series in AI/AN infants due to its strong protection after the first dose, addressing the higher risk of invasive Hib disease in this group. For example, in June 2024, the Centers for Disease Control and Prevention (CDC) approved a federal vaccine committee's recommendation to include Vaxelis and PedvaxHIB as preferred Hib vaccines for AI/AN infants. The use of these vaccines offers flexibility and reduces the number of injections required in the immunization series. The CDC's Advisory Committee on Immunization Practices unanimously supported the recommendation, which was pending publication in the Morbidity and Mortality Weekly Report. AI/AN children under five are 31 times more likely to suffer from invasive Hib disease, making PedvaxHIB's strong protection particularly important. Prior to the availability of vaccines, Hib meningitis occurred at a higher rate among AI/AN infants.
The key company operating in the pedvaxhib market is Merck & Co. Inc.
North America was the largest region in the pedvaxHIB market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in pedvaxHIB report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the pedvaxHIB market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
PedvaxHIB is a vaccine designed to protect against infections caused by Haemophilus influenzae type b (Hib), a bacterium responsible for serious diseases such as meningitis, pneumonia, and epiglottitis, especially in children under 5 years old. It is a conjugate vaccine that combines parts of the Hib bacterium with a protein to enhance immunity. Typically administered via intramuscular injection, it is given in doses starting at 2 months of age as part of routine immunization schedules.
PedvaxHIB is primarily indicated for the prevention of meningitis, epiglottitis, pneumonia, bacteremia, and as a routine childhood vaccine. Its primary goal is to protect children from Hib meningitis, a severe and potentially life-threatening condition, by significantly reducing its incidence and complications. The vaccine is distributed through direct sales, pharmacies, and government health programs, and is used by various end users, including pediatric clinics, hospitals, and public health programs.
The pedvaxHIB market research report is one of a series of new reports that provides pedvaxHIB market statistics, including pedvaxHIB industry global market size, regional shares, competitors with a pedvaxHIB market share, detailed pedvaxHIB market segments, market trends and opportunities, and any further data you may need to thrive in the pedvaxHIB industry. This pedvaxHIB market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pedvaxHIB market consists of sales of monovalent, and combination vaccines, pre-filled syringes, single-dose vials, and packaging materials. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. PedvaxHIB Market Characteristics4. PedvaxHIB Market Trends and Strategies5. PedvaxHIB Market -Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market7. Global PedvaxHIB Pricing Analysis & Forecasts30. Global PedvaxHIB Market Competitive Benchmarking and Dashboard31. Key Mergers and Acquisitions in the PedvaxHIB Market32. Recent Developments in the PedvaxHIB Market
3. PedvaxHIB Market Biologic Drug Characteristics
6. Global PedvaxHIB Growth Analysis and Strategic Analysis Framework
8. PedvaxHIB Market Segmentation
9. Global PedvaxHIB Epidemiology of Clinical Indications
10. PedvaxHIB Market Regional and Country Analysis
11. Asia-Pacific PedvaxHIB Market
12. China PedvaxHIB Market
13. India PedvaxHIB Market
14. Japan PedvaxHIB Market
15. Australia PedvaxHIB Market
16. South Korea PedvaxHIB Market
17. Western Europe PedvaxHIB Market
18. UK PedvaxHIB Market
19. Germany PedvaxHIB Market
20. France PedvaxHIB Market
21. Eastern Europe PedvaxHIB Market
22. North America PedvaxHIB Market
23. USA PedvaxHIB Market
24. Canada PedvaxHIB Market
25. South America PedvaxHIB Market
26. Middle East PedvaxHIB Market
27. Africa PedvaxHIB Market
28. PedvaxHIB Market Competitive Landscape and Company Profiles
29. Global PedvaxHIB Market Pipeline Analysis
33. PedvaxHIB Market High Potential Countries, Segments and Strategies
34. Appendix
Executive Summary
PedvaxHIB Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on pedvaxhib market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for pedvaxhib? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pedvaxhib market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Indication: Meningitis Prevention; Epiglottitis Prevention; Pneumonia Prevention; Bacteremia Prevention; Routine Childhood Vaccination2) by Distribution Channel: Direct Sales; Pharmacies; Government Health Programs
3) by End User: Pediatric Clinics; Hospitals; Public Health Programs
Key Companies Mentioned: Merck & Co. Inc.
Countries: Australia, India, China, South Korea, Japan, UK, France, Germany, USA, Canada
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Merck & Co. Inc.