Viral Vaccines Market Size, Opportunity, Manufacturers, Growth Factors 2024–2032
The viral vaccines market was valued at USD 94.95 billion in 2022 and is anticipated to grow from USD 52.42 billion in 2023 to USD 70.99 billion by 2030, with a CAGR of 4.4% during 2023–2030. Asia Pacific dominated the global market with a share of 29.08% in 2022.
In a recent study, Fortune Business Insights presents the nitty-gritty of the global Viral Vaccines Market considering 2024–2032 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
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The Viral Vaccines Market study outlines the key regions of North America, Latin America, Europe, East Asia, Japan along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are
- Merck & Co., Inc. (U.S.)
- GSK plc (U.K.)
- Sanofi (France)
- Pfizer Inc. (U.S.)
- SEQIRUS (CSL Limited) (Australia)
- Moderna, Inc. (U.S.)
Market Dynamics
Rising Initiatives by Governments for Immunization to Drive Market Growth
Governments are actively introducing new programs to prevent and eradicate viral diseases. Promoting viral vaccines and vaccination programs is anticipated to drive the market globally.
For example, the Centers for Diseases Control and Prevention (CDC) has introduced the Viral Hepatitis Program to attain progress toward global viral hepatitis elimination goals globally. The CDC has collaborated with several Ministry of Health departments, in-country CDC offices, and the WHO to evaluate viral hepatitis-related guidelines, plans, and programs. Such programs are expected to drive market growth.
The insights for each vendor consist of:
- Company profile
- SWOT analysis
- Main market information
- Market share
- Revenue, pricing and gross margin
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Crucial insights in the Viral Vaccines Market research:
- Underlying macro- and microeconomic factors impacting the growth of the Viral Vaccines Market.
- Basic overview of Viral Vaccines Market, including market definition, classification, and applications.
- Scrutinization of each Viral Vaccines Market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of Viral Vaccines Market across various industries.
- Important regions and countries offering lucrative opportunities to Viral Vaccines Market stakeholders.
Segmentation Analysis:
By Form
Liquid
Lyophilized
By Container Format
Vials
Prefilled Syringes
By Biosafety Level Type
Biosafety Level 1
Biosafety Level 2
Biosafety Level 3
Biosafety Level 4
Important regions covered in the Viral Vaccines Market report include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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