Pentavalent Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Pentavalent Market?
An increase in diphtheria cases is anticipated to propel the pentavalent market. The dangerous, highly infectious disease known as diphtheria is caused by the bacterium Corynebacterium diphtheriae. It results in severe eating and breathing problems, and may result in skin ulcers. With an immunization schedule of 3 doses, the pentavalent vaccine provides protection to kids from Diphtheria, hence, the growing cases of diphtheria have amplified the need for pentavalent vaccines. For example, in 2022, the World Health Organization, a Switzerland-based agency of the United Nations, recorded an unusually high frequency of diphtheria reports via the International Health Regulations (IHR) reporting process, predominantly in June and August 2022. A total of 144 diphtheria cases have been reported from seven countries, with many cases arising among asylum seekers. Of the 144 patients, 69% (97 individuals) were determined to be clinically compatible, 31% (44 individuals) were verified as toxigenic diphtheria cases by laboratory testing, and 2% (3 individuals) were labelled as suspected cases. As a result, the ascension in diphtheria prevalence is pushing the pentavalent market’s growth forward.
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#What Are the Key Projections for the CAGR of the Pentavalent Market From 2025 to 2034?
The size of the pentavalent market has been gradually expanding over recent years. It is projected to increase from $2.62 billion in 2024 to $2.73 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.4%. The expansion during the historical period can be credited to various factors, including global immunization movements, government-led vaccination initiatives, multipronged disease prevention measures, enhanced public health consciousness, and collaboration and financial assistance from international partners.
The market size for the pentavalent vaccine is anticipated to experience consistent growth in the upcoming years. The market is projected to reach $3.31 billion by 2029, with a compound annual growth rate (CAGR) of 5.0%. The expansion during the forecast period can be credited to ongoing international vaccination efforts, the broadening of vaccine programs, the advent in new territories, efforts in research and development, and partnerships for vaccine accessibility. Key trends during this period will be global health initiatives and financial backing, campaigns raising public consciousness and education, governmental strategies, and regulatory systems, plus advancements in the technology used for vaccine production.
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What New Market Trends Are Reshaping thePentavalent Market and Its Opportunities?
In the pentavalent market, the main trend that is gaining traction is product innovation. Large corporations in this sector are creating novel products to solidify their market influence. For instance, Pfizer, a pharmaceutical company from the United States that participates in the pentavalent vaccines market, received authorization from The United States Food and Drug Administration, a US federal agency under the Department of Health and Human Services, in December 2022. The approval was granted for Pfizer’s Experimental Pentavalent Meningococcal Vaccine Candidate (MenABCWY) for adolescents. This vaccine, aimed at preventing meningococcal disease in individuals between the ages of 10 and 25, stands out because it combines the components of two vaccines into one. This protects against the majority of invasive meningococcal disease serogroups.
Who Are the Leading Market Players Fueling Growth in the Pentavalent Market Trend?
Major companies operating in the pentavalent market include Pfizer Inc., Merck & Co Inc., Sanofi SA, GlaxoSmithKline plc, Shandong Xinhua Pharmaceutical Company Limited, PT Bio Farma (Persero), Shantha Biotechnics Limited, Biological E. Limited, Serum Institute of India Private Limited, Indian Immunologicals Limited, Incepta Pharmaceuticals Limited, Shanghai Institute of Biological Products Co Ltd., Changchun Changsheng Biotechnology Co Ltd., Adimmune Corporation, AJ Vaccines, Albert David Limited, PanGen Biotech Inc., Bharat Biotech International Limited, Vacsera Ltd., Pasteur Institute of India, Zydus Cadila Healthcare Limited, EuBiologics Co Ltd.
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How is the Global Pentavalent Market Segemented?
The pentavalent market covered in this report is segmented –
1) By Type: Sodium Stibogluconate, Meglumine Antimoniate
2) By Formulation Type: Lyophilized, Liquid
3) By Application: Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Sodium Stibogluconate: Injectable Form, Oral Form, Other Formulations
2) By Meglumine Antimoniate: Injectable Form, Oral Form, Other Formulations
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Which Geographics are Influencing the Growth of the Pentavalent Market?
Asia-Pacific was the largest region in the pentavalent market in 2024. The regions covered in the pentavalent market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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