The very first pneumococcal vaccine was made in the year 1980s. It is on the World Health Organization’s List as one of the Essential Medicines, which is the safest and most effective medicines that are needed in any health system. These vaccines are normally very safe. With this conjugate vaccine, almost 10 percent of the babies develop redness at the site of injection, change in sleep, and sometimes fever. Severe kind of allergies is very rarely seen.
Pneumococcal vaccines are the vaccines that fight against the bacterium streptococcus pneumoniae. The usage of these can effectively prevent some cases of pneumonia, sepsis, and meningitis. There are namely two types of pneumococcal vaccines as conjugate vaccines and polysaccharide vaccines. These are given by the means of injection either into a muscle area or just under the skin. The World Health Organization (WHO) acclaims the usage of the conjugate vaccine in routine immunization which is to be given to the children. This also includes those with that of HIV/AIDS. These vaccines, are effective for healthy adults but are not quite effective in children who are less than two years old and those having a very poor immune function. In 2013, the World Health Organization and UNICEF had issued a global plan of action for the Prevention and Control of Pneumonia and Diarrhea (GAPPD), hence marking a new chapter in the efforts towards curbing pneumonia.
At present, we’re up against a very new challenge which is the COVID-19 pandemic. The coronavirus is responsible for respiratory diseases and some of those who are infected lead on to develop pneumonia. The respiratory diseases like COVID-19 are very commonly spreading by the exposure to droplets from an infected person’s sneeze or cough, or through contact with any kind of contaminated surfaces. As such, poor hygiene or sanitation and overcrowding are some of the important drivers of the transmission. Vaccines can prove out to be one of the keys to prevention. They are the global health best deal and the very first line of defense against respiratory diseases. Unlike the more affordable and available vaccines for pneumonia-like the pneumococcal vaccine which are highly crucial for freeing up the healthcare resources and at the same time enabling herd immunity. Nevertheless, the vaccines against pneumonia, like the pneumococcal vaccine do not exactly provide any sort of protection against COVID-19. Although these vaccines are not very effective against the COVID-19, the vaccination against the prevention of respiratory illnesses is highly recommended for the protection of health. Due to less consumption and the need for the vaccines the market is likely to grow at a very slow rate. The global pneumonia vaccines market was valued at USD 5230 million in 2019 and is expected to reach USD 5924.56 million by 2025, growing at a CAGR of 2.1 % from 2019 to 2025.
Latest Research Study on Global Pneumococcal Vaccine Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Pneumococcal Vaccine Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Pneumococcal Vaccine. This Report also covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are GlaxoSmithKline (United Kingdom), Novartis (Switzerland), Pfizer Inc. (United States), Merck & Co., Inc. (United States), Sanofi Pasteur (France), Protein Sciences Corporation (United States), Seqirus (United States), LG Chem Ltd. (South Korea), Walvax Biotechnology Co., Ltd. (China), Panacea Biotec (India), Pnuvax Incorporated (Canada) and Serum Institute of India Pvt. Ltd. (India). According to AMA, the Global Pneumococcal Vaccine market is expected to see growth rate of 2.1%.
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Market Drivers
Market Trend
Restraints
Opportunities
Challenges
The Global Pneumococcal Vaccine Market segments and Market Data Break Down are illuminated below:
by Type (Conjugate Vaccines (PCV13), Polysaccharide Vaccines (PPSV23)), Application (Medical care, Clinics, Hospitals, Others), Sector Type (Public, Private), Vaccine Antigens (7 – Valent Vaccine, 10 – Valent Vaccine, 13 – Valent Vaccine, 23 – Valent Vaccine), Distribution Channel (Non-Governmental Organizations, Governmental Organizations), Vaccine Type (Synflorix, Prevnar 13, Pneumovax 23), End User (Adults Above 65 Years, Children Above 2 Years)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Pneumococcal Vaccine Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Pneumococcal Vaccine market
Chapter 2: Exclusive Summary – the basic information of the Pneumococcal Vaccine Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Pneumococcal Vaccine
Chapter 4: Presenting the Pneumococcal Vaccine Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Pneumococcal Vaccine market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2020-2025)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Pneumococcal Vaccine Market is a valuable source of guidance for individuals and companies in their decision framework.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Pneumococcal Vaccine Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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