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Increased Investment in Adult Immunization and Improved Mammalian Cell-culture Expression Systems will Drive Growth and Profitability
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The report provides an overview of the global vaccine market estimating the market size broken down by different segments. Vaccines, though a sub-set of biologics, have a completely different dynamic. Not only are they largely designed for a healthy cohort but are also exponentially influenced by government actions and policies. While old generation vaccines continue to experience growth, the increasing prevalence of cancer and infectious diseases is fueling the growth of the vaccine market. The vaccines market is categorized on the basis of the production system, antigens, procurement system, and end users. The study also dives deeper into different technological, geographical, and therapeutic opportunities with an objective assessment of the disclosed pipeline. While the vaccines market has been characterized by highly commoditized and mature product groups, it is reinventing itself and following the pharma path of innovation.
The study covers innovation across the vaccine development spectrum, including manufacturing processes (e.g., cell-based and recombinant vaccines), new delivery systems (e.g., needle-free), as well as novel candidates and improvements to existing vaccines (e.g., use of improved platforms or adjuvants). The study also covers mRNA technology and its significant potential for rapid and versatile manufacturing, reduced industrialization costs for multiple vaccines, and the improved breadth of immune response for infectious disease vaccines. Additionally, the study captures the competitive landscape and the different strategies employed by companies to stay ahead of the curve. It also identifies the game-changing companies that are leading innovation from the front. Acknowledging that the market continues to remain oligopolistic, with 4 companies leading the pack, the study identifies opportunities for mid and small segment companies to tap this market. Vaccines have a high entry barrier for generic players and there is a potential to generate blockbuster sales (as established by Pfizer’s Prevnar and GSK’s Gardasil), which make the market lucrative for new players.
The study lays down strategic imperatives for companies to recalibrate their business models and be future ready. In conjunction with the core manufacturers, the research service also provides in-depth analysis of other ecosystem stakeholders such as logistic service providers, contract manufacturers, investors, and advocacy groups. Information is also given on some of the leading M&A activities impacting the market as well as unconventional collaboration agreements laying the foundation for propelling innovations toward licensure and delivery. Furthermore, present and future market trends like increasing price transparency and vaccines affordability, which would shape the market, have been discussed.
Key Issues Addressed
Author: Khushbu Jain
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