Shingles Vaccine Market was valued at USD 2.79 Billion in 2021, and it is expected to reach USD 6.02 Billion by 2029, exhibiting a CAGR of 10.1 % during the forecast period (2022-2029).

Shingles Vaccine Market Overview

Maximize Market research, a global Healthcare market research firm, has published competitive intelligence market research report on Shingles Vaccine Market. The Market overview gives thorough details about the industry trends, barriers, competitive strategies, segment wise market analytics & country wise scope.

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Shingles Vaccine Market Report Scope and Research Methodology

Maximize Market Research has collected the data through Primary research surveys from Shingles Vaccine dealers, suppliers and producers. The company's annual reports and secondary sources, such as reliable paid and free databases are carefully examined to verify the facts for the Shingles Vaccine market report. The scope of the research includes the analysis of market dynamics, regulations, segments & industry rivalry.

Region wise data has been collected the analyse the country wise markets. The new entrants in Shingles Vaccine market were researched for growth prospects and future business outlooks Secondary data was collected from official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the Shingles Vaccine industry along with paid and free databases. All the information that has been acquired has been verified, evaluated, and presented in list form in order to give a coherent and understandable picture of the Shingles Vaccine market.

Shingles Vaccine Market Segmentation

Due to the vaccine's high efficiency and lack of significant side effects, Shingrix had the largest market share by Type (more than 90.0%) in 2020. Shingrix is also anticipated to experience the fastest growth during the projection period. The category is expanding as a result of increased disease awareness and the acceptance of the Shingrix vaccine in diverse regions. For instance, Shingrix, which prevents shingles, received a licence from China's National Medical Products Administration in May 2019. Due to its recommendation in South Korea, cost-effectiveness compared to Zostavax, and inclusion in vaccination programmes in specific South Korean provinces, SKYZoster is expected to grow at a significant CAGR during the projected period.

according to vaccine type The recombinant vaccine sector retained the largest proportion of more than 90.0% in 2020 as a result of Shingrix's widespread use in North America and Europe and its strong effectiveness in preventing sickness in the adult population. Two doses of Shingrix are more than 90% effective at preventing shingles in people 50 and older, according to the CDC. Due to rising disease awareness and vaccination uptake in developing countries, the market for live attenuated vaccines is anticipated to expand throughout the forecast period. On the other hand, the restriction of live attenuated immunisations in immune-compromised adults is having a negative impact on the market penetration of live attenuated vaccines.

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Shingles Vaccine Market Key Players

• GlaxoSmithKline plc.
• Merck & Co., Inc.
• SK chemicals
• Green Cross Corp
• CanSinoBIO
• Geneone Life Science
• Vaccitech
• Pfizer
• Sanofi
• CSL Behring
• Curevo Inc.
• GeneOne Life Science Inc.

Shingles Vaccine Market Regional Insights

The country wise insights help in planning the Shingles Vaccine market strategies which are suitable and appropriately applicable according to specific countries and regions. The key regions studied are North & South America, Asia Pacific, Europe and Middle East Africa

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Table of Content:

1. Global Shingles Vaccine Market: Research Methodology

2. Global Shingles Vaccine Market: Executive Summary

2.1. Market Overview and Definitions
2.1.1. Introduction to Global Shingles Vaccine Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry

3. Global Shingles Vaccine Market: Competitive Analysis

3.1. MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2. Consolidation in the Market
3.2.1 M&A by region
3.3. Key Developments by Companies
3.4. Market Drivers
3.5. Market Restraints
3.6. Market Opportunities
3.7. Market Challenges
3.8. Market Dynamics
3.9. PORTERS Five Forces Analysis
3.10. PESTLE
3.11. Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12. COVID-19 Impact

Key questions answered in the Shingles Vaccine Market are:

  • What is the expected Shingles Vaccine Market size by the end of the forecast period?
  • What are the global trends in the Shingles Vaccine Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for Shingles Vaccine Market?
  • How is the intervention from regulatory authority is shaping the Shingles Vaccine Market?
  • What growth strategies are the players considering to increase their presence in Shingles Vaccine Market?
  • Who held the largest market share in Shingles Vaccine Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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