Increasing government support to boost the underdeveloped pediatric vaccine market and rising ageing population offer huge opportunities, says RNCOS.
Noida, UP -- (SBWIRE) -- 09/03/2014 -- As per RNCOS research report, “Global Vaccine Market Outlook 2020”, Asia’s largest market for vaccine has been characterized by Japan. The vaccine market in Japan offers immense growth potential owing to the increasing awareness among population and rising ageing population which in a way drives the market for adult vaccines across country. Moreover, country’s government has been continuously engaged in spending millions of yen for the development of flu vaccines. Besides, several vaccine players have also engaged themselves in marketing or distribution agreements either to tap the market with a new product or to capture maximum share of the market. Based on all these factors, Japanese Vaccine Market has been anticipated to grow at a CAGR of 24% during 2013-2020.
In the report, vaccine market has been classified based on 16 therapeutic categories and market for each has been forecasted till 2020. The report also covers advanced stage pipeline analysis of key players of this market which list down the vaccines already in Phase III trials. In addition to this, analysts have studied the business dynamics of key players in the industry. A brief business overview with their product portfolio has been provided in the report. Moreover, our team has also analyzed each company’s strengths and weaknesses along with its vaccine portfolio and pipeline that will help the reader to better position his/her company vis-à-vis competition.
The report provides a thorough research and rational analysis of the current status and expected position of the global vaccines market. It facilitates the future forecasts on the total vaccines market, therapeutic categories and regional markets. Overall, the report contains key actionable insights that will help the reader to gain a deeper knowledge of the industry, identify key opportunities and design suitable business strategies.
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.