Vaccines Market to Grow at 6.7% CAGR and to Reach US$ 50.42 Billion by 2023, Led by Hepatitis and Influenza - Seite 2

North America is expected to account for the largest share of the market followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. The high growth in this segment is attributed to the increasing investments by companies in India and China, rising disposable income, growing number of awareness programs and symposia, and growing venture capital investments.

Target Audience for this Report: 

• Manufacturers and suppliers of vaccines
• Research and development companies
• Medical research laboratories
• Academic medical centers and universities
• Research and consulting firms
• Venture capital firms

The study estimates the vaccines market size for 2018 and projects its demand till 2023. In the primary research process, various sources from both demand side and supply side were interviewed to obtain qualitative and quantitative information for the report. Primary sources from the demand side include various industry CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from the various players in the vaccines market.

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Vaccines market is segmented into monovalent vaccines and multivalent vaccines. The monovalent vaccines segment is projected to register the highest CAGR during the forecast period. Rising prevalence of diseases and increasing government and nongovernment initiatives to promote immunization are the key factors driving the growth of this segment.

The primary interviews conducted for this report can be categorized as follows: 

• By Company Type: Tier 1 - 36%; Tier 2 - 41%; Tier 3 - 23%.
• By Designation (Supply Side): C-level- 25%; D-level- 29%; others- 46%.
• By Designation (Demand Side): General Physicians- 38%; Purchase Managers- 29%; Medical Researchers- 33%.
• By Region: North America-40%; Europe-20%; Asia-33%; RoW-7%.

Another research titled report studies veterinary vaccines market is expected to reach USD 8.6 6billion by 2022 from USD 6.50 billion in 2017, growing at a CAGR of 5.9% during the forecast period. The key players in the veterinary vaccines market are Zoetis (US), Merck Animal Health (US), Elanco (US), Boehringer Ingelheim (Germany), Ceva (France), Phibro Animal Health (US), and Virbac (France) is available with discount now at https://www.reportsnreports.com/contacts/discount.aspx?name=267954 .