Global Varicella Attenuated Live Vaccination Market was valued at USD 450 Million in 2022 and is projected to reach USD 900 Million by 2030, growing at a CAGR of 9.1% from 2024 to 2030.
The varicella attenuated live vaccination market has experienced significant growth in recent years, driven by increased immunization programs and heightened awareness of vaccine-preventable diseases. In 2018, the global market was valued at approximately $2.71 billion and is projected to reach $4.22 billion by 2026, reflecting a compound annual growth rate (CAGR) of 5.7%.
Varicella zoster virus, responsible for chickenpox and shingles, poses substantial health risks, particularly to children and the elderly. Vaccination efforts have been pivotal in reducing the incidence of these diseases. The market offers two primary vaccine types:
Monovalent Varicella Vaccine: Targets only the varicella zoster virus.
Combination Varicella Vaccine: Provides immunity against multiple diseases, including measles, mumps, rubella, and varicella (MMRV).
Monovalent vaccines currently dominate the market, accounting for two-thirds of the share in 2018. This preference is attributed to their lower risk of inducing febrile seizures in children compared to combination vaccines. Additionally, the widespread availability of monovalent vaccines contributes to their prominence.
Application-wise, chickenpox immunization holds the largest market share. However, the segment for herpes zoster immunization is anticipated to grow rapidly, driven by an aging global population and increased awareness of shingles prevention.
Geographically, North America leads the market due to the availability of vaccines, skilled healthcare professionals, and the presence of key industry players. The Asia-Pacific region is expected to exhibit the highest growth rate, fueled by rising awareness of immunization benefits and increasing disposable incomes.
In my experience, the importance of varicella vaccination cannot be overstated. Having witnessed the severe complications that can arise from chickenpox and shingles, I advocate for widespread immunization. The advancements in vaccine development and the expansion of immunization programs are encouraging signs of progress in public health.
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Merck
BCHT
Shanghai Institute
GSK
Keygen
Green Cross
Biken
Shanghai Rongsheng Biotech
Changsheng
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Varicella Attenuated Live Vaccination Market
Children
Adults
Based on Types the Market is categorized into Below types that held the largest Varicella Attenuated Live Vaccination market share In 2023.
Monovalent Vaccine
Combination Vaccine
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Varicella Attenuated Live Vaccination Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Varicella Attenuated Live Vaccination Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Varicella Attenuated Live Vaccination Market, By Type
6. Global Varicella Attenuated Live Vaccination Market, By Application
7. Global Varicella Attenuated Live Vaccination Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Varicella Attenuated Live Vaccination Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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