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The global pediatric vaccine market size is expected to grow from $36.64 billion in 2022 to $42.74 billion in 2023 at a compound annual growth rate (CAGR) of 16.6%. The market size of the global pediatric vaccine is expected to grow from $65.01 billion in 2027 at a CAGR of 11.1%.

Pediatric vaccines refer to medications that are typically given to children as a form of protection against serious, frequently fatal diseases. They get the children’s body ready to battle the disease more quickly and successfully by boosting its natural defences.

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Pediatric Vaccine Market Driver
The rising prevalence of chronic diseases such as tuberculosis, diphtheria, and pneumonia in the age group of 15 years and below will contribute to the growth of the pediatric vaccines market. The risk of severe disease outcomes and complications of infectious diseases are increasing in children and adolescents with chronic conditions. According to the World Health Organization, chronic disease prevalence rose by 57% in the year 2020. The increased prevalence of chronic diseases among children rises the demand for immunization from chronic diseases, hence, driving the gowth of the pediatric vaccine market.

Pediatric Vaccine Market Trends
The demand for novel vaccines is steadily growing to deliver improved immunization against challenging infectious diseases (e.g. tuberculosis, HIV/ AIDS) and non-communicable chronic diseases such as cancer and neurodegenerative diseases. Novel approaches to vaccine development include structural immunogenic design, gene-based vaccine platforms, and effective adjuvant recombinant antigen formulations. To meet the increasing demand for novel vaccines, there is a continuous quest for pediatric vaccine manufacturers and developers for the innovation of vaccine design and manufacturing technologies.

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Major Players And Regions Of The Pediatric Vaccine Market
Major players in the pediatric vaccine market are GlaxoSmithKline PLC., Pfizer Inc., Sanofi S.A., Merck & Co., Inc., Indian Immunologicals Limited, AstraZeneca PLC., CSL Limited.

North America was the largest region in the pediatric vaccine market in 2022.

Pediatric Vaccine Market Segmentation By The Business Research Company
The global pediatric vaccine market is segmented –
1) By Vaccine Type: Monovalent, Multivalent
2) By Technology: Live Attenuated, Inactivated, Toxoid, Conjugate, Other Technologies
3) By Application: Infectious Disease, Allergy, Cancer

The Table Of Content For The Pediatric Vaccine Market Include:
1. Pediatric Vaccine Market Executive Summary
2. Pediatric Vaccine Market Segments
3. Pediatric Vaccine Market Size And Pediatric Vaccine Market Growth Rate
4. Key Pediatric Vaccine Market Trends
5. Major Pediatric Vaccine Market Drivers
……
25. Key Mergers And Acquisitions In The Pediatric Vaccine Market
26. Top Pediatric Vaccine Companies
27. Pediatric Vaccine Market Opportunities And Strategies
28. Pediatric Vaccine Market, Conclusions And Recommendations
29. Appendix

The Pediatric Vaccine Market Global Market Report 2023 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the pediatric vaccine market.

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