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How has the engerix-b market size evolved in recent years?

Recent years have witnessed the growth of Engerix-B market size by XX (HCAGR). From a value of $XX million in 2024, the market is projected to expand to $XX million in 2025, increasing at a compound annual growth rate (CAGR) of XX%. Factors such as the rising occurrence of hepatitis B, expansion of government-led inoculation schemes, increased awareness regarding hepatitis B, enhancement in healthcare facilities, and growth in global travel and immigration have contributed to the growth during the historic period.

What are the predictions for the engerix-b market size in the coming years?

The market size for Engerix-B is forecasted to witness an XX (FCAGR) expansion in the upcoming years, hence reaching a valuation of $XX million in 2029, propelled by an XX% compound annual growth rate (CAGR). The projected surge during this forecast period is linked to the wider availability of vaccines in developing markets, state-supported immunization drives, heightened focus on preventive health practices and vaccinations, and growing consciousness about chronic hepatitis B. Key trends for the forecast period encompass widespread acceptance of combined vaccines, rising use of digital health technology in vaccine delivery, the advent of novel delivery systems, mass immunization efforts by governmental entities, and escalating government initiatives, policies, and awareness campaigns.

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What key factors are fueling the growth of the engerix-b market?

The escalating incidence of hepatitis B virus (HBV) infection is anticipated to spur the expansion of the engerix-B market in the future. HBV infection is a serious liver ailment brought on by HBV, which can lead to chronic disease, liver harm, and an elevated risk of liver cancer. Factors that facilitate the transmission of hepatitis B virus (HBV) infection encompass unprotected intercourse, blood-to-blood interaction, inadequate vaccination, and compromised immune system. Engerix-B contains a non-threatening variant of the HBV surface antigen that prompts the immune system to defend against the virus, providing long-term immunity and lowering the risk of HBV infection and its repercussions. For example, the New York State Department of Health, a governmental department in the US, reported in November 2023 that there were 1,984 new hepatitis B cases in 2022, a rise by 11% in chronic hepatitis B infections compared to 2021. Hence, the escalating incidence of hepatitis B virus (HBV) infection is catalyzing the expansion of the engerix-B market.

How is the global engerix-b market divided into key segments?

The engerix-b market covered in this report is segmented –

1) By Indication: Prevention Of Hepatitis B Virus (HBV) Infection, Chronic Hepatitis B Prevention, Healthcare Workers And High-Risk Populations, Post-Exposure Prophylaxis

2) By Distribution Channel: Hospitals, Clinics, Vaccination Centers, Pharmacies

3) By End-Use: Private Healthcare Providers, Long-Term Care Facilities, Educational Institutions

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Who are the key firms paving the way for growth in the engerix-b market?

Major companies operating in the engerix-b market include GlaxoSmithKline plc.

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What regions are contributing significantly to the growth of the engerix-b market?

North America was the largest region in the engerix-B market in 2024. The regions covered in the engerix-b market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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