January 13, 2022
According to the business analysis report titled ‘United States Pediatric Vaccines Market 2020 – 2027’ available with MarketStudyReport, the United States pediatric vaccines market is predicted to amass a valuation of USD 15 billion by 2027.
Industry experts suggest that increased awareness about diseases, government aid and funding towards vaccination programs and departments, and rising acceptance among the public are the major driving forces behind the anticipated surge in the United States pediatric vaccines market growth.
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Furthermore, as infants are at a higher risk of being contracted by a chronic disease, the need for pediatric vaccines is increasing, claims the study.
Apart from drivers and opportunities, the research literature also offers current and upcoming challenges within the business sphere, while disclosing solutions for the same. It also sheds light on the market augmentation history, as well as current trends to produce reliable estimates with regards to growth rate, size, and revenue share over the forecast period.
Considering the product landscape, the United States pediatric vaccines market can be fragmented based on the number of diseases that are prevalent in the region. Vaccines are available for diseases such as Hepatitis B, Polio, Diphtheria Tetanus & Pertussis (DTaP), Hepatitis A, Haemophilus Influenzae Type B (HIB), Pneumococcal, Influenza Pediatric, Rotavirus, and Varicella/Chicken Pox.
The research report also provides insights on the number of doses administered, children that have been vaccinated against each disease, while disclosing the market size of that particular vaccine over the forecast period. It also gives detailed information about preventive diseases and their vaccines that are available in the market, as well as the regulatory frameworks in the marketplace.
To conclude, the research report provides a thoroughly evaluated and comprehensive list of key players in the pediatric vaccines market in the United States, namely Grifols SA, Merck & Co. Inc., GlaxoSmithKline (GSK), Pfizer Inc., and Sanofi Pasteur. It mentions their vaccine portfolios and recent developments to enable the stakeholders in making informed decisions for the upcoming years.