About Measles Vaccine
Since, the air pollution is increasing with growing industrialization. Hence it will lead to propel the airborne diseases across the globe such as measles which is one of the severe and infectious diseases triggered by the airborne viruses. Initial symptoms of this disease are fever, cough, red eyes, and runny nose. After some days some people might observe tiny rashes on the body. According to the World Health Organization “In 2015, approximately 134200 people died globally due to measles.” MMR vaccines are the combination of measles, mumps, and rubella vaccine which is given to prevent measles in case of infants.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Measles Vaccine 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.
GlaxoSmithKline Plc (United Kingdom), Sanofi-Pasteur (France), Merck & Co., Inc. (United States), Novartis International AG (Switzerland), Pfizer Inc. (United States), Serum Institute of India Private Limited (India), China National Biotec Group Company Limited (China), Bavarian Nordic A/S (Denmark), Emergent Biosolutions (United States) and MedImmune, LLC (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Johnson & Johnson (United States) and CSL Limited (Australia).
Segmentation Overview
AMA Research has segmented the market of Global Measles Vaccine market by Type (Mumps Measles Rubella Vaccine, Live (MMR-II) and Mumps Measles Rubella and Varicella Virus Vaccine (Proquad)), Application (Pediatric Vaccines and Adult Vaccines) and Region.
On the basis of geography, the market of Measles Vaccine 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). If we see Market by End User, the sub-segment i.e. Hospitals will boost the Measles Vaccine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Government Reimbursements for MMR Vaccine Development and Growing Success Rate of Vaccination Program with Minimized Side Effects
Market Growth Drivers:
Growing Instances of Airborne Diseases Due to Increasing Air Pollution and Rising Awareness about the MMR Vaccines
Challenges:
Minimizing the Side Effects of the Measles Vaccines and Maximum Cost for Single Dosage of Measles Vaccines
Restraints:
Vaccinations might cause Blooding Disorders in Children resulting in Rash like Reaction and Might cause High Temperature, Loss of Appetite and a General Feeling of being Unwell
Opportunities:
Increasing Availability of the MMR vaccines with respect to Increased Demand and Favorable Import and Export Facilities that Minimizes Distribution Overheads
Market Leaders and their expansionary development strategies
On 05th February 2019, GSK and Merck KGaA, Darmstadt, Germany announce global alliance to jointly develop and commercialize M7824, a novel immunotherapy with potential in multiple difficult-to-treat cancers. Eight high priority immuno-oncology clinical development studies ongoing or expected to commence in 2019, including studies in non-small cell lung and biliary tract cancers.
Centre for Disease and Control Prevention recommends that people should get MMR vaccine to protect against measles, mumps, and rubella. Especially, Children should get two doses of MMR vaccine, starting with the first dose at 12 to 15 months of age, and the second dose at 4 through 6 years of age. Teens and adults should also be up to date on their MMR vaccination. Children may also get MMRV vaccine, which protects against measles, mumps, rubella, and varicella (chickenpox). This vaccine is only licensed for use in children who are 12 months through 12 years of age.
Key Target Audience
Measles Vaccine Manufacturers, Measles Vaccine Distributors, Traders, Suppliers, Pharmaceutical Industry Associations, Government Agencies, Healthcare Organizations, Research and Development Firms and Others
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.