Abstract
"Global Vaccine Market Outlook (2007-2010)" is an extensive market research
report by RNCOS that gives an objective analysis on the global vaccine market.
It covers both past and current performance of the market, as well as
highlights the trends that are expected to impact the future of the market.
The global vaccine market, which was earlier thought as a low margin, low
growth industry, is currently attracting the interest of all major
pharmaceutical giants. The market is presently witnessing growth rates much
faster than the traditional pharmaceutical market; and with many new
blockbuster potential vaccines likely to hit the market in future, the growth
is only expected to increase.
The biggest factor driving the vaccine market is its potential to prevent
deaths due to diseases. Vaccines have eradicated many life-threatening
diseases and many more vaccines are in the pipeline, which may serve as future
life saviors (particularly those for several types of cancers which are
expected to be launched around 2008). However, several challenges still
remain, one of the biggest being the wide gap between the developed and the
developing world in terms of accessibility and quality of vaccines.
Key Findings
- Growing at the rate of 16.52%, global vaccine market is expected to reach
US$ 21.05 Billion by 2010.
- Cancer and addiction vaccines will grow rapidly through 2010.
- At present, pediatric vaccines occupy a higher market share but in future,
this segment will loose its share to the adult, therapeutic and influenza
vaccine segments.
- The US is the largest market globally for vaccines followed by Europe.
- Flu vaccines have huge demand at present and all major vaccine
manufacturers are investing in the segment.
- Vaccines have been found to be more profitable than the generic
pharmaceutical drugs but fetch fewer margins than branded drugs.
- The global vaccine market, in its bid to reduce costs and time to market,
is likely to drive the global drug discovery CRO market.
Key Issues Analyzed
- Evaluation of past, current and future market trends.
- Discussion on major vaccines and their markets.
- Future forecast of major vaccines.
- Analysis of various challenges and opportunities for the industry.
- Categories of players operating in the market along with their business
profiles.
Research Methodology Used
Information Sources
Information has been sourced from various credible sources like books,
newspapers, trade journals and white papers, industry portals, government
agencies, trade associations, monitoring industry news and developments, and
through access to more than 3000 paid databases.
Analysis Methods
The analysis methods ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting, and cause
and effect analysis.
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