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What key factors are powering the surge in the vaxelis market right now?

In recent times, the vaxelis market has experienced an XX (HCAGR). The market is projected to escalate from $XX million in 2024 to $XX million in 2025, registering a compound annual growth rate (CAGR) of XX%. This growth over the historical period is a result of a variety of factors, including increased government support for immunization initiatives, heightened awareness of diseases that can be prevented through vaccination, growth in the child population, a rise in investments in public health, and an uptick in funds dedicated to vaccine research and development.

How fast Is the vaxelis market expected to grow, and what’s its future value?

Expectations are high for the growth of the vaxelis market in the forthcoming years, with predictions of it reaching $XX million by 2029, expanding at a Compound Annual Growth Rate (CAGR) of XX%. This predicted upswing over the forecast period can be linked back to the increase in vaccine-preventable ailments, widespread occurrences of infectious diseases, a notable rise in vaccination trust amongst the populace, a surging demand for more pocket-friendly vaccinations, increasing birth rates in the developing areas of the world, and a boost in efforts towards improving immunization coverage. The forecast period is also anticipated to witness key trends such as progress in combined vaccine technology, innovative strides in vaccine production, enhancement of the cold chain infrastructure, originality in vaccine formulation along with the utilization of digital health platforms.

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What are the leading drivers of growth in the vaxelis market?

The anticipated growth of the vaxelis market is largely attributed to the increasing pediatric population. This rise in the number of children is a result of advancements in healthcare, improvements in nourishment, enhanced maternal care, reduced death rates in infants, and a heightened awareness about child health and the importance of vaccinations. The benefit of Vaxelis is that it defends children from six severe diseases with just one easy-to-administer vaccine, easing the need for multiple vaccinations. For instance, Child Stats, a forum in the US dedicated to statistics on child and family matters, reported in December 2024 that there were 72.5 million children in the United States in 2022, and this number is anticipated to reach 78.2 million by 2050. In conclusion, the increasing pediatric population is a significant factor propelling the growth of the vaxelis market.

What are the key segments defining the vaxelis market?

The vaxelis market covered in this report is segmented –

1) By Indication: Pertussis; Diphtheria; Tetanus

2) By Distribution Channel: Hospitals; Retail Pharmacies; Government Supplies

3) By End Use: Hospitals; Clinics; Ambulatory Care; Home Care

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Who are the key players steering the development of the vaxelis market?

Major companies operating in the vaxelis market are Merck & Co. Inc.; Sanofi S.A.

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Which regions are most influential in expanding the vaxelis market?

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

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