About Conjugate Vaccines
Conjugate Vaccine is a substance composed of conjugated to a carrier molecule. This improves the stability and effectiveness of the vaccine. Conjugate vaccines are targeting several leading causes of vaccine-preventable deaths. With the increasing number of death rates because of pneumococcal diseases, rotavirus, measles, Hib, and others. Most of the vaccines are manufactured with enhancing elicit immunological memory and reduce asymptomatic carriage of the bacteria.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
There are various companies that are exploring the footprint in new geographical regions by adopting various market growth strategies including mergers & acquisitions, expansions, investments, new solution launches, and others. The market key players are capturing market growth opportunities by rapidly investing in research and development initiatives. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Conjugate Vaccines market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bharat Biotech (India), Biological E (India), CSL Limited (Australia), GlaxoSmithKline, plc. (United States.), Merck and Company (United States), Neuron Biotech (United States), Novartis AG (Switzerland), Pfizer, Inc. (United States), Sanofi Pasteur (France) and Serum Institute of India (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Pfizer (United States), Sanofi Pasteur (France) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Conjugate Vaccines market by Type (Monovalent Conjugate Vaccines and Multivalent Conjugate Vaccines) and Region.
On the basis of Type, Bacterial Conjugate Vaccine are dominating the market in the year 2023On the basis of geography, the market of Conjugate Vaccines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Patient Stage, the sub-segment i.e. Pediatrics Conjugate Vaccine will boost the Conjugate Vaccines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pathogen, the sub-segment i.e. Bacterial Conjugate Vaccine will boost the Conjugate Vaccines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Disease Indication, the sub-segment i.e. Pneumococcal will boost the Conjugate Vaccines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Investment in Research and Development and High Growth in Market Competencies
Market Growth Drivers:
The Rise in Occurrence Pneumococcal Diseases and Cause Increasing Number of Death Rates Across the Globe, Growing Demand for Vaccines to Enhance Immune and Memory Response and The Rise in Requirement for the Long-Lasting Protection
Challenges:
High Cost Associated with Raw Materials and Huge Investment Required to Enter this Market
Restraints:
Lack of Supply Chain in Under Developed Regions
Opportunities:
Growing Requirement for the Meningococcal Vaccines and Pneumococcal Vaccines
Market Leaders and their expansionary development strategies
In August 2022, GSK plc announced it has completed the acquisition of Affinivax, Inc, a clinical-stage biopharmaceutical company based in Cambridge (Boston, Massachusetts). Affinivax has pioneered the development of a novel class of vaccines, the most advanced of which are next-generation pneumococcal vaccines.
In March 2020, Pfizer announced its top-line results from one of its Phase 3 studies that evaluate the safety and immunogenicity of its 20 valent pneumococcal conjugate vaccines in 18 years, old people. Through this initiative, the company is enhanced its market revenue.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Conjugate Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.