The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global quadrivalent market is poised for substantial growth, with a projected surge from $7.30 billion in 2022 to $7.87 billion in 2023, reflecting a robust compound annual growth rate (CAGR) of 7.8%. This growth trajectory is anticipated to persist, propelling the market to reach $10.58 billion in 2027, sustaining a commendable CAGR of 7.7%.

Catalysts of Growth: Rising Prevalence of Chronic and Infectious Diseases

The driving force behind the anticipated expansion of the quadrivalent market lies in the escalating prevalence of chronic and infectious diseases. Chronic diseases, rooted in genetics and lifestyle, coexist with infectious ailments caused by agents like viruses, bacteria, fungi, or protozoa. Quadrivalent vaccines play a pivotal role in preventing morbidity and mortality from serious infections and associated diseases. Notably, these vaccines contribute to the prevention of chronic (non-communicable) diseases when infectious agents are implicated in carcinogenesis. For example, the World Health Organization reports a staggering annual toll of 17 million deaths from chronic or noncommunicable diseases globally. Simultaneously, infectious diseases, such as malaria, continue to impact millions worldwide. The rising prevalence of these health challenges propels the demand for quadrivalent solutions.

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Industry Leaders: Navigating Progress

Key players steering the quadrivalent market include AstraZeneca Plc., Serum Institute of India Pvt. Ltd., Sanofi S.A., GlaxoSmithKline Plc., CSL Limited, Bharat Biotech International Ltd., Hualan Biological Engineering Inc., Merck & Co. Inc., Johnson & Johnson SA, Novartis AG, Pfizer Inc., Xenetic Biosciences Inc., Bio Med Pvt. Ltd., Walvax Biotechnology Co. Ltd., and Chongqing Zhifei Biological Products Co. Ltd. These industry leaders play a pivotal role in advancing innovations and shaping the market landscape.

Trending Innovation: Product Innovations Take Center Stage

Product innovations emerge as a pivotal trend in the quadrivalent market, with major companies focusing on groundbreaking solutions. AstraZeneca’s recent launch of FluMist quadrivalent, an FDA-approved nasal-spray flu vaccine, exemplifies this trend. This live attenuated influenza vaccine (LAIV) provides a needle-free alternative, catering to individuals aged 2 to 49. This innovative solution underscores the industry’s commitment to providing efficient and accessible vaccination options.

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Regional Dynamics: North America Leads, Global Coverage Ensured

In 2022, North America took the reins as the largest region in the quadrivalent market. As we look ahead, the Asia-Pacific region is expected to emerge as the fastest-growing region during the forecast period. The comprehensive global quadrivalent market report spans diverse regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, and the Middle East and Africa.

Market Insight: Comprehensive Segmentation Overview

1) By Type: Intradermal Shot, Intramuscular Injection, Nasal Spray

2) By Technology: Conjugated, Live, Inactivated, Recombinant, Toxoid, Other Technologies

3) By Disease: Cancer, Hepatitis, Pneumococcal disease, COVID-19, Influenza, Human Papilloma Virus, Meningococcal Disease, Polio, Rotavirus, Other Diseases

4) By Age Group: Pediatric, Adult

5) By Distribution Channel: Hospital And Pharmacy, Government Suppliers, Other Channels (NGOs)

The Quadrivalent Global Market Report 2023  provides a comprehensive overview on the quadrivalent market size, quadrivalent market trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the quadrivalent market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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