Shingles Vaccine Market Size, Trends, Report 2031
Precision Business Insights has published a report on the global Shingles Vaccine Market, estimating its value at USD 4.1 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 13.8 % 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/shingles-vaccine-market
Shingles Market definition identifies the boundaries of a market, including the product, target customers, geographic area, and competition. It helps businesses understand where they operate and compete.
Drivers:
• Increasing Residential Construction: The rise in residential construction activities globally boosts the demand for shingles, particularly in regions experiencing urbanization.
• Cost-Effective Roofing Solutions: Shingles are popular due to their affordability, ease of installation, and durability, making them a preferred choice for homeowners.
The shingles vaccine market segmentation:
1) By Product Type: Shingrix, Sheath, SKY Zoster, Others
2) By Vaccine Type: Recombinant Vaccine, Live Attenuated Vaccine
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Regional Overview:
The report also examines the current concerns and their Future Effects on the shingles 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 shingles 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 Merck& Co., Inc. (U.S.), GlaxoSmithKline plc (UK), Cipla Inc. (India), Pfizer Inc. (U.S.)
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