According to the research report titled “Global Vaccines Market: Industry Size, Growth, Analysis and Forecast to 2025”, available with MarketStudyReport, global vaccines market is estimated to generate over USD 48 billion by the end of projected period 2021-2025.
 

As per the findings of the report, high prevalence of infectious illnesses, increasing initiatives by firms to improve vaccine research & development, high investments in this field, government support, and a rising focus on immunization are majorly driving global vaccines market growth.
 

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Several efforts by organizations such as UNICEF, and Pan American Health Organization (PAHO) have allowed vaccines to be procured at a lower cost for various countries, reflecting an adequate production and returns over the analyzed period. However, huge capital investment requirements to create vaccines may limit market expansion in the forthcoming years.
 

Elaborating on the subject, vaccines, commonly known as immunizations, are injections of a disease's weakened form into a person to compel the body to produce antibodies or immunity against the disease. Vaccines are actively being used in a variety of regional disease-prevention programs across the globe, especially for diseases like polio and smallpox.
 

The research literature entails a detailed investigation into the past and present trends of global vaccines market to infer its growth trajectory over the forecast timeframe, identifying major growth propellers and  challenges in the process.
 

Further, Prevnar / Prevnar 13, Gardasil / Gardasil 9, Vaxigrip, Fluzone, Flublok, Varivax, Menactra, Proquad, Pneumovax 23, Fluarix/FluLaval, Havrix/Twinrix/Engerix-B, Priorix, Priorix Tetra, Varilrix, Adacel, Boostrix, Bexser, Shingrix, and Rotateq are among the top 42 vaccines covered in the research piece.
 

According to the competitive landscape analysis, Sanofi Pasteur S.A., Bavarian Nordic A/S, GlaxoSmithKline plc., Merck & Co., Inc., CSL Limited, Emergent BioSolutions, Inc., Johnson & Johnson, Serum Institute of India, Pfizer, Inc., Mitsubishi Tanabe Pharma Corporation, AstraZeneca plc, and Daiichi Sankyo Company Limited are the major players influencing global vaccines market trends.