Pneumococcal Vaccines Market Trends, Market Research Analysis, and Projections

 

Pneumococcal Vaccines Market 

  Pneumococcal disease is caused by the bacteria streptococcus pneumonia (also known as pneumococcus). Pneumococcus infections can occur in the blood, lungs, and brain. Cough, chest pain, fever, rapid breathing are some of the symptoms of pneumococcal disease. The pneumococcal disease spreads from person to person and causes a variety of health issues. There are two kinds of pneumococcal vaccines on the market: pneumococcal conjugate vaccines (PCV13 vaccine) and pneumococcal polysaccharide vaccines (PPSV23 vaccine). The PCV13 vaccine is approved for use in the immunization of infants, older adults, and people with certain medical conditions. PPSV23 vaccine, on the other hand, is only approved for people over the age of two. Currently, the only vaccines available for childhood protection are pneumococcal conjugate vaccines.

  Pneumococcal vaccines will be more widely used as patient awareness of pneumococcal disease treatment grows. The rising demand for pneumococcal vaccines as a result of immunization programmers is also expected to propel the pneumococcal vaccines market forward. Furthermore, easier access to healthcare facilities and lower-cost vaccines will provide lucrative opportunities for the market in the coming years. The increasing number of clinical trials for the development of pneumococcal vaccines is expected to provide enormous growth and meet the demand for vaccines for multiple serotypes.

  Vaccination is one of the most cost-effective and risk-free methods of disease prevention. Pneumococcus is a leading cause of blood infections, pneumonia, sinusitis, meningitis, and otitis media. It is also the most common infectious disease.

  Vaccination, on the other hand, can help to prevent it. Pneumococcal vaccines are included in the majority of countries' national immunization programmers for children under the age of one year. The increased prevalence of pneumococcal diseases caused by the causative serotype necessitates the development of vaccines with broader coverage. As a result, there is a growing demand for new pneumococcal vaccines with broader serotype coverage.

  Pfizer, Inc., Merck & Co. Inc., and GlaxoSmithKline plc. Are among the key players in the pneumococcal vaccines market.

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