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Vaxneuvance Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, March 14, 2025 /EINPresswire.com/ -- Updated 2025 Market Reports released recently highlight trends and forecasts to 2034, offering your competitive edge today by buying early!
Is the Vaxneuvance Market Poised for Significant Expansion?
The Vaxneuvance market has experienced rapid growth in recent years, with projections indicating continued expansion.
In 2024, the market size is anticipated to reach $XX million.
By 2025, it is expected to grow further to $XX million, reflecting a compound annual growth rate (CAGR) of XX%.
Key factors behind this historical growth include the increasing prevalence of pneumococcal diseases, a rising aging population, favorable regulatory approvals, increased government funding for vaccinations, and the impact of travel and globalization.
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What Are the Critical Drivers Anticipated to Propel the Vaxneuvance Market Growth?
Looking ahead, the market is set to witness an even stronger growth trajectory:
By 2029, the market is projected to reach $XX million, growing at a XX% CAGR.
The expected drivers for this expansion include a rise in chronic illnesses, increasing antimicrobial resistance, a surge in respiratory infections among children, a growing immunocompromised population, and higher healthcare investments.
Emerging trends in the forecast period include needle-free vaccine delivery systems, advancements in cold-chain technologies, AI-powered supply chain optimization, integration with digital health records for immunization tracking, and innovative adjuvant systems to enhance immune response.
What Are the Key Growth Drivers of the Vaxneuvance Market?
A major factor propelling the Vaxneuvance market forward is the increasing prevalence of pneumonia. This infectious disease, which inflames the air sacs in one or both lungs, leads to symptoms such as fever, coughing, and breathing difficulties. The rise in pneumonia cases is driven by viral and bacterial infections, weakened immune systems, air pollution, and an aging population, all of which heighten susceptibility to respiratory diseases.
Vaxneuvance plays a crucial role in combating pneumonia caused by 15 strains of Streptococcus pneumoniae, significantly reducing the risk of severe infections and related complications.
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Who Are the Leading Companies in the Vaxneuvance Market?
Key players in the Vaxneuvance market include Merck & Co. Inc., a prominent name in the healthcare industry. A major trend shaping the market is the expansion of vaccine indications, allowing broader patient coverage and addressing unmet medical needs.
For instance, in June 2022, Merck & Co. Inc. secured an expanded approval from the United States Food and Drug Administration (FDA) for Vaxneuvance, allowing its use in children aged 6 weeks to 17 years. This approval strengthens the vaccine’s role in preventing invasive pneumococcal diseases across multiple age groups.
How Is the Vaxneuvance Market Segmented?
The Vaxneuvance market is categorized based on the following segments:
By Indication: Pneumonia, Meningitis, Sepsis, Bacteremia, Otitis Media
By Distribution Channel: Pharmacies, Hospitals
By End User: Adults, Children, Geriatric Population
Which Regions Are Leading in the Vaxneuvance Market?
Geographically, North America emerged as the largest regional market in 2024. The report also covers regions including Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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