About HPV Vaccines
HPV vaccines are the type of vaccines, which protect against infection with human papillomaviruses. HPV is a group of more than two hundred related viruses, of which more than forty are spread through direct sexual contact. Among these, several HPV types cause genital warts, and about a dozen types can cause certain types of cancers such as cervical, anal, oropharyngeal, vulvar, penile, and vaginal. Furthermore, the FDA has approved three vaccines such as Gardasil, Gardasil 9, and Cervarix that prevents infection with disease-causing HPV types. As of 2017, Gardasil 9 is the only HPV vaccine available for use in the United States. Cervarix and Gardasil are still used in other countries.
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global HPV 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.
Merck & Co., Inc. (United States), GlaxoSmithKline plc. (United Kingdom), Sanofi S.A. (France), Pfizer Inc. (United States), Johnson & Johnson (United States), Inovio Pharmaceuticals Inc. (United States), Bayer AG (Germany), Nuron Biotech Inc. (United States), EyeGene Inc. (South Korea) and MedImmune (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global HPV Vaccines market by Type (Gardasils, Gardasil 9 and Cervarix) and Region.
On the basis of geography, the market of HPV 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). If we see Market by Age Group, the sub-segment i.e. Adolescent will boost the HPV 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. Cervical Cancer will boost the HPV Vaccines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Increasing Prevalence of Cancer, Growing Government Initiatives for Increasing Awareness and Funding To the Immunization Programs
Challenges:
Many people, especially adolescents and their parents, are unaware of HPV and the benefits of vaccination.
Restraints:
High Cost of Vaccine Manufacturing
Opportunities:
Research and Development Stimulate the Innovation of Novel Vaccines and The Emerging Demand from Developing Countries
Market Leaders and their expansionary development strategies
In March 2023, CAPED and Roche Diagnostics signed a Memorandum of Understanding (MoU) with the Cancer Awareness Prevention and Early Detection Trust (CAPED), a non-profit organization that promotes cancer awareness, prevention, and early detection. The partnership aimed to launch a Cervical Cancer screening program in India. Source: https://www.mordorintelligence.com/industry-reports/human-papillomavirus-vaccine-market
In 3 April 2019, Inovio Pharmaceuticals, Inc. announced its novel therapy INO-3106 against the human papilloma virus type 6 (HPV 6) demonstrated clinical efficacy in a study of two patients with recurrent respiratory papillomatosis (RRP). RRP is an HPV-associated disease that can cause noncancerous tumor growths leading to life-threatening airway obstructions and occasionally progresses to cancer. RRP is primarily caused by two strains of HPV, HPV 6 and 11, which also predominantly cause genital warts. RRP may occur in adults (adult-onset RRP) as well as in children (juvenile-onset RRP) who are thought to have contracted the virus during childbirth.
World Health Organization (WHO): Recommends routine HPV vaccination for all girls aged 9-14 years, with catch-up vaccination for older girls and women up to 26 years.
Key Target Audience
HPV Vaccine Manufacturers, HPV Vaccine Importer/Exporter, HPV Vaccine Distributors, Research Institutes, Regulatory & Government Bodies, End Users 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.