Global Varicella Live Vaccine
Market Report
2024
The Global Varicella Live Vaccine market size was USD 3.25 billion in 2022 and it is forecasted to reach USD 5.29 billion by 2030. Varicella Live Vaccine Industry's Compound Annual Growth Rate will be 6.3% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Varicella Live Vaccine market size was USD 3.25 billion in 2022 and it is forecasted to reach USD 5.29 billion by 2030. Varicella Live Vaccine Industry's Compound Annual Growth Rate will be 6.3% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Varicella Live Vaccine Market Sales Revenue 2022 | $ 3.25 Billion |
Global Varicella Live Vaccine Market Sales Revenue 2030 | $ 5.29 Billion |
Global Varicella Live Vaccine Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.3% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Varicella Live Vaccine Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Varicella vaccine is also known as a chickenpox vaccine that is useful in protecting against chickenpox. One vaccine dose helps to prevent 95% of moderate diseases and 100% of severe diseases. Two doses of vaccines are more effective as compared to one dose. Vaccination is mainly given in order to prevent any kind of disease. It is mainly injected under the skin by injection. An alternative vaccine known as the zoster vaccine is also used to prevent diseases caused by the same vaccine. Minor side effects such as fever, rashes, and pain at the site of injection can be seen. This vaccination is not provided to patients during pregnancy. This vaccine is available by itself or along with the MMR vaccine. The FDA approved that the live varicella virus vaccine is useful in providing immunity and helps prevent diseases.
Varicella is a preventable disease that is present in children as a mild infection. Increasing government initiatives and increasing R&D programs generate awareness regarding the use of the varicella vaccine. It can be done by actively participating in government immunization programs that increases public awareness. According to the Centres for Diseases Control and Prevention, Herpes Zoster affects 60 people and elderly people at the rate of about 1 case per 100 in the US each year. For instance, GSK reported about the launch of the DT campaign for the Shingrix vaccine that was targeted against varicella vaccination.
Vaccines are available in a few countries because of the high cost of vaccines. Vaccination also includes high-risk problems due to sensitive adolescents. The development of vaccines is a complicated, lengthy, and expensive process. Routine early childhood programs are cost-saving because the indirect cost of production losses is also included which is cost-effective. The use of multiple doses of vaccine is standard as compared to the single dose of the varicella vaccine.
During COVID-19, there was an increase in the coronavirus diseases such as T-cell immunological dysfunction and herpes zoster virus. Varicella zoster virus reactivated in the patients brought by T cell dysfunctioning such as lymphopenia and lymphocyte depletion. As it was stated in the National Library of Medicine in June there was an increase in several infectious diseases such as zoster virus There was a negative impact on the varicella vaccine market as there was an increase in infectious diseases such as zoster virus and other diseases. Therefore, the management of varicella infection became crucial.
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Shingrix, a non-live, recombinant subunit vaccine given in two doses, was approved by the FDA for the prevention of shingles in adults 50 or older. It was the first shingles vaccine used in order to reduce the risk of the immunodeficient or immunosuppressed.
Pfizer and BioNTech aimed to utilize the technology in order to develop a vaccine that has high efficacy and is also efficient to produce globally. The company also evaluated the parameter of safety, tolerability, and immunogenicity of the mRNA vaccine against shingles.
Top Companies Market Share in Varicella Live Vaccine Industry: (In no particular order of Rank)
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Varicella Vaccine is further segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa region. The largest share of this segment is acquired by the North American region. Due to the availability of healthcare experts, there is an increase in the demand for varicella vaccines. According to the Centres for Disease Control and Prevention, there are 3.5 million cases of varicella, 9000 hospitalizations, and around 100 deaths that are prevented by the varicella vaccination in the US. Therefore, these campaigns conducted in the US help people to fight against the varicella vaccine. Thus, increasing healthcare spending drives the growth of the region.
The current report Scope analyzes Varicella Live Vaccine Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Varicella Live Vaccine Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Varicella Live Vaccine Industry growth. Varicella Live Vaccine market has been segmented with the help of its Type, Application , and others. Varicella Live Vaccine market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Depending on the type, it is further divided into monovalent and multivalent vaccines. Monovalent vaccines hold the largest market share as these vaccines have fewer chances of inducing febrile seizures in young children than any other vaccine. Monovalent vaccine mainly consists of a single strain of varicella live vaccine and a weakened strain of the varicella-zoster virus. According to the National Journal of the Indian Association of Preventive and Social Medicine, there have been 1269 chickenpox outbreaks showing around 27,257 cases. These vaccines are mainly used for chickenpox immunization and herpes zoster immunization, leading increase in the market.
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This segment is further divided into chickenpox immunization, herpes zoster immunization, measles immunization, and others. Chickenpox immunization holds the largest market share because it helps in building immunity against chicken pox. It is an acute infectious disease that is caused by the Varicella Zoster Virus and is characterized by vesicular rash, fever, and malaise. In children, they have milder diseases whereas adults can have severe diseases. The outbreak of chickenpox is found in countries like India where vaccination is not part of national immunization policy.
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Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Varicella Live Vaccine Market is witnessing significant growth in the near future.
In 2023, the Monovalent Vaccines segment accounted for noticeable share of global Varicella Live Vaccine Market and is projected to experience significant growth in the near future.
The Chickenpox Immunization segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Bio-Med Pvt Limited , Novo Medi Sciences Pvt. Ltd. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Monovalent Vaccines, Multivalent Vaccines |
Application | Chickenpox Immunization, Herpes Zoster Immunization, Measles Immunization, Others |
List of Competitors | Bio-Med Pvt Limited, Sanofi, Novo Medi Sciences Pvt. Ltd., GlaxoSmithKline plc, Emcure Pharmaceuticals Limited, Merck & Co. Inc., Green Cross Holdings, Mitsubishi Chemical Holdings Corporation |
This chapter will help you gain GLOBAL Market Analysis of Varicella Live Vaccine. Further deep in this chapter, you will be able to review Global Varicella Live Vaccine Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Varicella Live Vaccine Market Trends North America Varicella Live Vaccine Technological Road Map North America Varicella Live Vaccine Market Drivers North America Varicella Live Vaccine Market Restraints North America Varicella Live Vaccine Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Varicella Live Vaccine market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Monovalent Vaccines have a significant impact on Varicella Live Vaccine market? |
What are the key factors affecting the Monovalent Vaccines and Multivalent Vaccines of Varicella Live Vaccine Market? |
What is the CAGR/Growth Rate of Chickenpox Immunization during the forecast period? |
By type, which segment accounted for largest share of the global Varicella Live Vaccine Market? |
Which region is expected to dominate the global Varicella Live Vaccine Market within the forecast period? |
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Additional Qualitative Data |
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