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Market Overview of Global Mono Hepatitis A Vaccine market:
According to our latest research, the global Mono Hepatitis A Vaccine market looks promising in the next 5 years. As of 2022, the global Mono Hepatitis A Vaccine market was estimated at USD 813.71 million, and it's anticipated to reach USD 1203.0 million in 2028, with a CAGR of 6.73% during the forecast years.
Strict supervision system
A vaccine is a biological product. Biological products are complex in the production, circulation and use process. In addition, all countries have strict regulatory systems for vaccine products to ensure product safety. Due to the complexity of its supervisory agencies and regulations, as well as the different approval systems of various countries, the industry has a high barrier to entry.
The United States has a relatively complete series of vaccine management laws such as the Vaccine Supervision and Management Act and the Public Health Service Act, and has established a safety supervision organization system, including the Centers for Disease Control and Prevention (CDC), the National Institutes of Health (NIH), and health resources and service management Bureau (HRSA), Food and Drug Administration (FDA), and other 4 federal government agencies.
Decline in the global birth rate
The decline in fertility is becoming one of the most fundamental social changes in human history. Although the decline in the birth rate is more reflected in developed countries such as Germany and Japan, it actually includes developing countries such as China, Vietnam, Thailand, Iran, Chile, and Uruguay, whose birth rates have fallen below the replacement level (that is, the average Women have 2.1 children in their lifetime), and as more and more countries make economic progress, the fertility rate in more countries will decrease.
As the number of new-born populations in more countries stabilizes or even decreases, the hepatitis A vaccine market will be relatively saturated, and the growth rate of usage in many countries may decline. This will greatly increase the risk of market entry.
Region Overview:
Geographically, Asia Paciffic held the largest market share - 37.14% in 2022.
Company Overview:
MSD is one of the major players operating in the Mono Hepatitis A Vaccine market, holding a share of 37.36% in 2023.
MSD
They are a research-based healthcare company. Their research and development work is currently focused on the following medical areas: cardiovascular health, diabetes, and endocrinology (including gynecology), neurology and ophthalmology, oncology, infectious diseases, respiratory diseases, and immunology.
Sanofi
Sanofi is a healthcare company engaged in the research, development, manufacturing, and marketing of innovative therapeutic solutions. It covers areas such as diabetes solutions, human vaccines, innovative drugs, consumer healthcare, emerging markets, animal health and the new G enzyme. Its products includes prescriptions and over-the-counter drugs for thrombosis, cardiovascular disease, diabetes, central nervous system disorders, oncology and internal medicine, vaccines and other medical products.
Segmentation Overview:
As for product types, the Inactivated Vaccine segment held the largest market share in 2022.
Inactivated Vaccine
Inactivated vaccines are vaccines composed of virus particles, bacteria or other pathogens. These viruses, bacteria or other pathogens have grown in culture and then lose their ability to cause disease.
Live Attenuated Vaccine
Live attenuated vaccine (LAV) Live attenuated vaccine (LAV) is a vaccine prepared from live microorganisms (viruses, currently available bacteria) that have been weakened under laboratory conditions. The LAV vaccine will replicate and produce an immune response in the vaccinated individual, but usually does not cause mild or no disease.
Application Overview:
The market's largest segment by application is the segment Government Institution, with a market share of 54.1% in 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Mono Hepatitis A Vaccine market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Mono Hepatitis A Vaccine Market Report:
Market Size Estimates: Mono Hepatitis A Vaccine market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Mono Hepatitis A Vaccine market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Mono Hepatitis A Vaccine market
Segment Market Analysis: Mono Hepatitis A Vaccine market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Mono Hepatitis A Vaccine market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Mono Hepatitis A Vaccine Market: Revenue and sales volume of major countries in each region
Mono Hepatitis A Vaccine Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Mono Hepatitis A Vaccine market in major regions.
Mono Hepatitis A Vaccine Industry Value Chain: Mono Hepatitis A Vaccine market raw materials & suppliers, manufacturing process, distributors, downstream customers
Mono Hepatitis A Vaccine Industry News, Policies & Regulations
Key players in the global Mono Hepatitis A Vaccine market are covered in Chapter 12:
Zhejiang Pukang
Sinovac
Changchun Institute of Biological
IMBCA
MSD
Sanofi
GSK
In Chapter 2 and Chapter 15.1, based on types, the Mono Hepatitis A Vaccine market from 2018 to 2028 is primarily split into:
Inactivated Vaccine
Live Attenuated Vaccine
In Chapter 3 and Chapter 15.2, based on applications, the Mono Hepatitis A Vaccine market from 2018 to 2028 covers:
Government Institution
Private Sector
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Mono Hepatitis A Vaccine market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028