- Global Pharma News & Resources

Pneumococcal Vaccines Market is expected to grow at a CAGR of ~9.1% during the forecast period of 2018 to 2028

VALLEY COTTAGE, N.Y. – Future Market Insights (FMI) delivers the key insights on the global pneumococcal vaccines market in its upcoming report titled “Pneumococcal Vaccines Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018 – 2028”. In terms of revenue, the global pneumococcal vaccines market is projected to register a CAGR of 9.1% over the forecast period.

North America is expected to contribute a high revenue share in the global pneumococcal vaccines market over the forecast period due to increasing healthcare expenditure, favourable reimbursement policies for pneumococcal vaccination and development of new multivalent pneumococcal vaccines. Besides, the out-of-pocket costs of pneumococcal vaccines for patients with Medicare coverage is $0 in North America.

Download the sample copy of Report with table of contents and Figures @

The global pneumococcal vaccines market is segmented based on product type, distribution channel, and regions. Based on the product type the market is segmented into pneumococcal conjugate vaccines and pneumococcal polysaccharide vaccines. The pneumococcal conjugate vaccines product type segment is expected to represent high revenue share in the global pneumococcal vaccines market due to growing number of research and development activities to develop new conjugate vaccines for expanding indications. Based on the distribution channel, the market is segmented into pharmacies, public health agencies, community clinics and other distribution channels. Among all the distribution channels, the public health agencies segment is expected to be the leading segment in the pneumococcal vaccines market. The revenue share of community clinics is expected to increase over the forecast period due to the growing number of community clinics.

Increasing number of the clinical trials for development of the pneumococcal vaccine is expected to provide enormous opportunities for the growth of the pneumococcal vaccines market and fulfil the demand for vaccines for multiple serotypes. Increasing government initiatives to reduce the burden of pneumococcal diseases and public–private partnerships are factors expected to fuel the growth of the pneumococcal vaccines market. Partnerships and collaborations among manufacturers for research and development and vaccine distribution is expected to boost the growth of the pneumococcal vaccines market.

Preview Analysis of Pneumococcal Vaccines Market: North America to Register Fastest Growth During the Forecast Period: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028 –

Increasing pharmacy-based immunization services for pneumococcal vaccination and the catch up campaigns by the SAGE organization to reduce the prevalence of invasive pneumococcal disease are the major factors expected to impel the growth of the pneumococcal vaccines market. Increasing demand for pneumococcal vaccines due to immunization programs is expected to provide immense opportunities for the growth of the pneumococcal vaccines market. The manufacturers of pneumococcal vaccine have reduced the pricing of the vaccines for Gavi-supported countries, which is expected to boost the demand for pneumococcal vaccines. For instance, in January 2018, Pfizer reduced the price of its PCV-13 4 dose vial vaccine for Gavi-supported countries from US$ 3.05 to US$ 2.95 per dose. Increasing addition of pneumococcal vaccine in national immunization programs is favoring the growth of pneumococcal vaccines market. According to the WHO till 2017, total 138 countries are introduced with pneumococcal vaccines in their national immunization program.

However, low awareness among general population regarding pneumococcal immunization, difference in coverage of established and new vaccine, slower introduction of new pneumococcal vaccines are factors expected to hamper the growth of the pneumococcal vaccines market.

Buy this report @

The market for pneumococcal vaccines is consolidated with very few players. Examples of some of the key players identified in the global pneumococcal vaccines market are Pfizer Inc., Sanofi S.A., GlaxoSmithKline Plc., and Merck & Co., Inc., among others. Manufacturers are focusing on the partnerships and collaborations for expansion of their geographical presence and development of new pneumococcal vaccines. For example, in 2014 Sanofi SA completed the collaboration with SK Chemical Co. of South Korea to co-develop pneumococcal conjugate vaccines.

Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you

More from Healthcare, Pharmaceuticals and Medical devices Market Insights –

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Contact Us
Mr. Abhishek Budholiya
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44-(0)-20-7692-8790
Blog: Market Research Blog

Editor Details

Last Updated: 13-Dec-2019