Global Pneumococcal Vaccines Market to Surpass US$ 13,194.3 Million by 2026: Coherent Market Insight

Global Pneumococcal Vaccines Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026

REPORT DESCRIPTION Global Pneumococcal Vaccines Market – Overview Pneumococcal vaccine is used to prevent infection caused by streptococcus pneumoniae bacteria. There are two types of pneumococcal vaccines: pneumococcal conjugate vaccine and pneumococcal polysaccharide vaccine.

Centers for Disease Control and Prevention (CDC) recommends pneumococcal conjugate vaccine for all children younger than 2 years old, all adults 65 years or older, and for people 2-64 years old with certain medical conditions. CDC recommends pneumococcal polysaccharide vaccine for all adults 65 years or older, people 2-64 years old with certain medical conditions, and adults 19-64 years old who smoke cigarettes.

High mortality due to pneumonia among the global population is expected to increase adoption of pneumococcal vaccines over the forecast period. For instance, according to the World Health Organization (WHO) November 2016, pneumonia accounted for 16% of all deaths of children under 5 years old in 2015, with 920,136 deaths globally.

Pharmaceutical companies are reluctant to invest in production of new vaccines, owing to very less returns.

Therefore, vendors are focused on joining Advance Market Commitment (AMC), an innovative financing program.

REPORT DESCRIPTION Global Pneumococcal Vaccines Market Taxonomy:

By Vaccine Type: PCV10 PCV13 PPSV23

By Distribution Channel: Hospital Pharmacies Retail Pharmacies Online Pharmacies Various manufacturers are focused on new projects that target diseases with no existing vaccine for various age groups. For instance, in April 2018, Merck, which is also known as MSD outside of the U.S. and Canada, started two Phase 3 studies for PCV-15 (V114), an investigational polyvalent conjugate vaccine against pneumococcal disease.

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REPORT DESCRIPTION Global Pneumococcal Vaccines Market – Key Players   

Pfizer Merck & Co GlaxoSmithKline

Various manufacturers are focused on new projects that target diseases with no existing vaccine for various age groups. For instance, in April 2018, Merck, which is also known as MSD outside of the U.S. and Canada, started two Phase 3 studies for PCV-15 (V114), an investigational polyvalent conjugate vaccine against pneumococcal disease.

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