2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Drivers Are Shaping the Growth and Development of theAdult Vaccines Market?

The adult vaccine market is being propelled forward by the escalating occurrence of infectious diseases. Such diseases transmit from one individual to another and vaccines offer a potent defense mechanism by helping people develop immunity against them. As an example, the Centers for Disease Control and Prevention, a reputable public health agency based in the U.S., shared in March 2023 that there was a report of 8,300 tuberculosis cases in 2022, in contrast to 7,874 cases in the previous year. The TB incidence rate during 2022 saw a minor increment to 2.5 per 100,000 population from 2.4 in 2021. This rise in infectious diseases prevalence is therefore fueling the expansion of the adult vaccine market.

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How Will the Growth Rate of theAdult Vaccines Market Impact Industry Trends by 2034?

In past years, the size of the adult vaccines market has experienced robust growth. The market is forecasted to expand from $22.82 billion in 2024 to a projected $24.49 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.3%. This growth during the historical period is linked to factors such as the rising elderly population, government-initiated vaccination programs, increased consciousness about preventative healthcare, innovation in vaccine development, and public health promotion campaigns.

The market size for adult vaccines is predicted to experience robust growth in the coming years, expanding to a worth of $35.22 billion by 2029 with a compound annual growth rate (CAGR) of 9.5%. This growth during the forecast period is credited to the rise of new infectious risks, a heightened focus on vaccination records, the growing concern of antimicrobial resistance, worldwide pandemic preparation efforts, a shift towards individually tailored vaccines, and a heightened emphasis on maternal immunization. Notable trends projected for this period include the incorporation of digital health, advancements in vaccine manufacture technology, partnerships between government entities and pharmaceutical corporations, evolution in vaccine delivery systems, and growing immunization programs.

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Which Cutting-Edge Market Trends Are Expected to Drive theAdult Vaccines Market’s Growth?

The emergence of product modernization is becoming a significant trend in the adult vaccines market. The market’s leading companies are debuting innovative products to maintain their marketplace status. For example, GSK, a biopharma company rooted in the UK, collaborated with IQVIA, a global advanced analytics, technology solutions, and clinical research services provider based in India, in August 2022. They initiated the Vaccine Track, a data trend mechanism intended to bolster adult immunization across many communities. This tool aims to offer timely and pertinent data about trends to steer and amplify public health initiatives.

What Are the Leading Market Players Impacting theAdult Vaccines Market’s Growth Trend?

Major companies operating in the adult vaccines market include GlaxoSmithKline PLC, Merck & Co, Sanofi Pasteur, Pfizer Inc, Commonwealth Serum Laboratories Limited, Johnson & Johnson, Serum Institute of India, AstraZeneca PLC, Novartis AG, Protein Sciences Corporation, Emergent BioSolutions Inc., Bavarian Nordic A/S, Dynavax Technologies Corporation, Novavax Inc, Medimmune LLC, BioNTech SE, Moderna, Inovio Pharmaceuticals, Sinovac, Valneva Se, Biological E Limited, Panacea Biotec, Shenzhen Kangtai Biological Products, Beijing Tiantan Biological Products, Hualan Biological Engineering, Chengdu Institute of Biological Products, Bharat Biotech International Limited, Takeda Pharmaceutical Company Limited

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How Are the Key Segments of the Adult Vaccines Market Driving Opportunities and Innovations?

The adult vaccines market covered in this report is segmented –

1) By Vaccine Type: Monovalent, Multivalent

2) By Technology: Live Attenuated Vaccines, Inactivated Viral Or Bacterial Vaccines, Toxoid Vaccines, Recombinant Vaccines, Conjugate Vaccines

3) By Application: Influenza, DPT, Human Papillomavirus, Zoster, Pneumococcal, Hepatitis

4) By End Users: Healthcare Firms, Hospitals

Subsegments:

1) By Monovalent: Single Antigen Vaccines, Specific Disease Vaccines

2) By Multivalent: Combination Vaccines, Multi-Antigen Vaccines

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