What is Adult Vaccines-?
Adult vaccines are taken with the purpose to cure seasonal flu and infectious diseases. Globally, cases of virus borne contagious diseases have been reported which require great concern. The development of adult vaccines are aimed to cure diseases of particular kind with each vaccines having different purpose. These vaccines are designed for different set of people which include healthcare workers, pregnant workers, international worker as well as for immigrants or refugees.
The market study is broken down by Type (Influenza, Tetanus/Diphtheria/Pertussis, Varicella, Human Papillomavirus, Zoster, Measles/mumps/Rubella, Pneumococcal, Hepatitis and Others) and major geographies with country level break-up. and may see market size of USD22.5 Billion by 2026.
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Adult Vaccines- market throughout the predicted 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 (United Kingdom), Sanofi Pasteur (France), Merck (United States), Novartis (Switzerland), Pfizer (United States), BioCSL (Seqirus) (United Kingdom) and Johnson & Johnson (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 Protein Sciences (United States), Serum Institute of India (India), MedImmune (United States) and AstraZeneca (United Kingdom).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Adult Vaccines- market by Type, Application and Region.
On the basis of geography, the market of Adult 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 End Users, the sub-segment i.e. Medical Care will boost the Adult Vaccines- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Live Attenuated Vaccines will boost the Adult Vaccines- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Indication, the sub-segment i.e. Pneumococcal Disease (Influenza, Human Papilloma Virus) will boost the Adult Vaccines- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
The U.S. Food and Drug Administration’s (FDA’s) Center for Biologics Evaluation and ResearchExternal (CBER) is responsible for regulating vaccines in the United States. The sponsor of a new vaccine product follows a multi-step approval process which are "An Investigational New Drug application, Pre-licensure vaccine clinical trials, A Biologics License Application (BLA), Inspection of the manufacturing facility, Presentation of findings to FDA’s Vaccines and Related Biological Products Advisory CommitteeExternal (VRBPAC) and Usability testing of product labeling.
Market Trend
- Emergence of Protein-Conjugate Vaccines for Adults
- Launch of Customized vaccines at Lower Cost
Market Drivers
- Growing Focus on Preventing Diseases Leading to Rise in Demand
- Rising Government Expenditure to Increase Vaccines Awareness
Opportunities
- Rising Demand from Emerging Countries
- World Health Organization (WHO) Favorable Initiatives
Restraints
- High Manufacturing Cost Involved in Adult Vaccines
- Stringent Regulatory Guidelines
Challenges
- Adverse Effect of Vaccine If Taken Without Prescription
- High Cost Involved in Research and Development of Adult Vaccines
Key Target Audience
Adult Vaccines Manufacturers, Distributors/Suppliers, Market and Research Firms, Potential Investors, Government Agencies, Regulatory Bodies 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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.