Transparency Market Research Report Added "Vaccine Market" to its database.
Albany, NY -- (SBWIRE) -- 01/21/2015 -- The global vaccines market, which was once considered a commodity market, is now amongst the fastest growing markets of the pharmaceutical industry. This market forms about 3% of the global pharmaceutical industry.
Driven by favorable demographics, product innovation, and rising public acceptance, the global vaccine market is worth more than US$25 billion.
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Providing clients with an in-depth analysis and competitive intelligence about the global vaccine market, the research report evaluates in-depth all the important components of the market. Based on the holistic data presented by the report, businesses operating in the global vaccine market get an exhaustive overview of the vaccine market and can make informed business decisions.
The report also provides a huge store of information on market size, shares, growth rates, prevalent trends, and segments of the vaccine market. It also determines the major growth contributors, viable and emerging regional markets throughout the world. Along with this, the strengths and weaknesses of these regional markets, and the driving and inhibiting factors behind their market positions are also studied by the report.
In addition to this, the report outlines the competitive landscape of the global vaccine market by providing the financial overview, strategies and business outlook of the most important market players. Mergers and acquisitions, if any, occurring in the global vaccine market are also studied in-depth in the report.
Overview of the Global Vaccine Market
The global vaccines market has observed massive growth over the past few years, allowing it to outpace many traditional businesses in the pharmaceutical industry. The global vaccine market is currently facing many instances of mergers and acquisitions by leading pharmaceutical companies. As a result, the global vaccine market is steadily headed towards consolidation, leading to the dominance of a handful of major pharmaceutical companies.
The vaccine market operates under stringent cost constraints where profit margins keep continuously declining. Continuous technological advancements and progress of the biotechnology industry has further intensified the competitive nature of the global vaccine market.
Sustaining in such market conditions and gaining an edge amid the fiercely competitive market space requires market players to stay abreast through the introduction of innovative and cost-effective vaccines. Due to this, global vaccine manufacturers are investing substantial funds in research and development activities.
Rising incidences of epidemic of diseases such as Ebola, malaria, dengue, etc. have made the development of effective vaccines a worldwide concern. Rising awareness and initiatives taken by national bodies on a global front continue to present more growth potential for the global vaccine market.
The report states that four pharmaceutical companies – Pfizer, Sanofi, Novartis, and GlaxoSmithKline – together have a 74% share of the global vaccine market. Other major companies in the market compete for the remaining share of the market.
More Reports on Pharmaceutical Market :
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include:
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter's five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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