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Vaccines, seen as commodity products earlier, used to be considered a low
growth, low margin industry in developed countries and that with no margin
at all in developing ones. The prospects of profits were so weak that
majority of firms in the business stepped out of it. However, the market is
currently at the centre of attraction for all leading pharmaceutical giants,
says “Global
Vaccine Market Outlook (2007-2010)”, a market research
report. The report says that the vaccine market is registering growth rates
much faster than the conventional pharma market. And with several
blockbuster potential vaccines slated to hit the market in near future, the
growth is projected to rise even faster.
The systematic and thorough research studies the global vaccine market to
give an insight into its various segments, including Therapeutics Vaccines,
Influenza Vaccines, Adult/Travel vaccines, Basic Pediatric Vaccines,
Proprietary Pediatric Vaccines, and Enhanced Pediatric Vaccines. The
comprehensive analysis of the market has identified pediatric vaccines as
the current highest share-holder but future will see a revival of the market
when adult, therapeutic and influenza vaccine segments post a rapid growth.
The research report evaluates the pediatrics segment, arguably the biggest
segment of the vaccine market, elaborately and finds out the reasons why the
market share of this segment is expected to decline in future.
The report
also points out that vaccines for cervical cancer will dominate the future
sales. Moreover, vaccines for malaria and AIDS will also be made available
to the market, however, it will take some time as according to projections,
HIV vaccine will not hit the market before 2016.
Based on these trends, the report forecasts that the global vaccine market
will surpass the US$ 21 Billion by 2010.
“Global
Vaccine Market Outlook (2007-2010)” exhaustively studies the
vaccine market at global level, covering the US, Europe, India, and Brazil
among others. It gives segment-wise first-hand data on the past and current
market performance and underlines the trends anticipated to affect the
future growth.
Apart from this, the report also focuses on the market size of various
vaccines, like typhoid,
West Nile,
HIV etc. and gives key financial information on key players.
For more information visit:
http://www.bharatbook.com/detail.asp?id=50053 |
