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Global pediatric vaccine market to grow at 10.4% CAGR by 2024

Global pediatric vaccine market to grow at 10.4% CAGR by 2024

The  Pediatric Vaccine market accounted to USD 23.02 billion in 2016 growing at a CAGR of 10.4% during the forecast period of 2017 to 2024.

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The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

"Global Pediatric Vaccine Market", By Product (pediatric vaccines, CNS drugs, pediatric hormones, allergy & respiratory drugs and anti-infective drugs); By Technology (dendritic cells vaccines, live attenuated vaccines, synthetic vaccines, toxoid vaccines, inactivated vaccines, conjugate vaccines, recombinant vector vaccines and subunit vaccines); By Disease (Infectious disease, cancer and allergy); End-Users (Pediatric, Adult); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)- Industry Trends and Forecast to 2024

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Pediatric Vaccine work as protective shield administered to a child in its paediatric age which is from 0 – 18 years of age. Vaccines are generally given in order to prevent children from diseases transferred through infections, seasonal variations and even through unhygienic areas.

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Global Pediatric Vaccine Market – Major Market Drivers and Restraints:

  • Expanding government and private spending
  • Rise in technological advancement
  • Growing awareness
  • Rising concern against vaccine-preventable diseases
  • Increasing investments

Global Pediatric Vaccine Market Segmentation:

By product, the market for Pediatric Vaccine is segmented into pediatric vaccines, CNS drugs, pediatric hormones, allergy & respiratory drugs and anti-infective drugs.

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By technology, the Pediatric Vaccine market is segmented into dendritic cells vaccines, live attenuated vaccines, synthetic vaccines, toxoid vaccines, inactivated vaccines, conjugate vaccines, recombinant vector vaccines and subunit vaccines. By disease, the Pediatric Vaccine market is segmented into Infectious disease, cancer and allergy.

Global Pediatric Vaccine Market – Competitive Analysis:

The Pediatric Vaccine market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

The report includes market shares of Pediatric Vaccine market for global, Europe, North America, Asia Pacific, and South America.

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Global Pediatric Vaccine Market – Major Market Competitors:

Global Pediatric Vaccine market is dominated by Pfizer, Merck, Sanofi Pasteur, Crucell, Janssen, Bharat Biotech, Kaketsuken, Panacea Biotec, Baxter, ZydusCadila, Nuron, S K Chemicals, Dynavax Technologies, Serum Institute of India, Bharat Immunologicals and Biologicals, Lupin, Indian Immunologicals, Novartis, LG Life Sciences, Shenzhen Kangtai Biological Products, Sinovac Biotech, Bavarian Nordic, Bio Med, AstraZeneca, bioCSL, Valeant Pharmaceuticals, Takeda Pharmaceutical, and Mitsubishi Tanabe Pharma., and. among others.

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