Pneumonia Vaccine Market Size, Share, Trends Report 2031
Precision Business Insights has published a report on the global pneumonia vaccine market, estimating its value at USD 10.35 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-pneumonia-vaccine-market
The pneumonia vaccine market includes vaccinations that prevent pneumococcal infections, namely those caused by Streptococcus pneumoniae. These vaccinations—primarily pneumococcal conjugate vaccines (PCVs) and pneumococcal polysaccharide vaccines (PPSVs)—are given to newborns, children, the elderly, and immunocompromised people.
Drivers:
- High susceptibility among elderly individuals drives adult vaccination programs, especially in North America and Europe.
- Rising healthcare budgets and urban demand in Asia-Pacific fuel rapid market expansion.
The global pneumonia vaccine market segmentation:
1) By Product Type: Prevnar 13, Synflorix, and Pneumovax 23
2) By Dosage: Single Dose Vial and Pre-filled Syringe
3) By End User: Child, Adult and Geriatric
4) By Vaccine Type: Pneumococcal Conjugate Vaccine, and Pneumococcal Polysaccharide Vaccine
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Regional Overview:
The report also examines the current concerns and their Future Effects on the pneumonia vaccine market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the pneumonia vaccine market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like GlaxoSmithKline plc, Pfizer Inc, CSL Ltd, Merck & Co., Inc., Serum Institute of India Pvt. Ltd, Sanofi Pasteur Inc.
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