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Posts tagged ‘Adult Vaccines Industry’

Adult Vaccines Market: Global Industry Analysis and Forecast to 2020

Vaccines are used to prevent diseases and improve immunity of the body. A vaccine is a biological preparation, contains an agent that resembles a disease-causing microorganism and is made from weakened and killed forms of microorganisms. Vaccines are categorized into many types. Some of the major types include inactivated vaccines, attenuated vaccines, toxoid and conjugate. Cholera, influenza, hepatitis A, polio and rabies vaccines are inactivated vaccines. Key attenuated vaccines are measles, mumps, rubella and typhoid.

The global adult vaccines market is categorized based on their various types and by diseases. Adult vaccines are mainly classified into preventive and therapeutic vaccines. The disease segment includes influenza, meningococcal, cervical cancer, zoster shingles, pneumococcal, hepatitis, measles, mumps, rubella and varicella (MMRV) and diphtheria, tetanus, pertussis (DTP).

In terms of geographic, North America and Europe dominates the global adult vaccines market. This is due to improved research infrastructure in these regions. The U.S. represents the largest market for adult vaccines followed by Canada in North America. In Europe, France and Germany holds major share of adult vaccines market. However, Asia is expected to show high growth rates in the next five years in the global adult vaccines market due to increasing awareness among people about preventable diseases. Several government associations have launched various programs to raise awareness among people towards diseases such as influenza, DTP, measles and mumps, in Asia. This has resulted in significant rise in demand of adult vaccines for the prevention of these diseases. In addition, many companies constructing their manufacturing and research facilities in the region. This is due to low wages, availability of a large talent pool, less stringent environment and health and safety regulations in the region. Japan, China and India are expected to be the fastest growing adult vaccines markets in Asia.

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