Pneumococcal Vaccines Market Growth

The pneumococcal vaccines market is anticipated to experience a compound annual growth rate (CAGR) of 8.30% from 2024 to 2031

Pneumococcal vaccines are crucial in preventing pneumococcal disease, an infection caused by Streptococcus pneumonia bacteria. This disease is contagious and can lead to severe infections in the lungs, brain lining, spinal cord, and blood. While it is more prevalent in children, it poses significant risks for adults, especially with the increasing antibiotic resistance of Streptococcus pneumonia

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Pneumococcal Vaccines Market Trends

Increasing Disease Prevalence

The rising prevalence of pneumococcal disease, particularly among children and the elderly, drives the demand for effective vaccines. The disease's ability to cause severe complications in adults highlights the need for continued vaccination efforts.

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Pneumococcal Vaccines Market Segmentation

By Product Type: Pneumococcal conjugate vaccine, Pneumococcal polysaccharide vaccine

By End-User: Infants/Young Children, Adults/ Young Adults, Geriatric

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Pneumococcal Vaccines Market Size keyplayer

Key players are 

  • Pfizer Inc.
  • GlaxoSmithKline plc
  • Merck & Co., Inc.
  • Sanofi S.A.
  • AstraZeneca plc

 

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