Hepatitis is a communicable disease caused due to hepatitis virus types A, B, and C, which leads to associated liver diseases such as Hepatitis A, hepatitis B, hepatitis C, liver cirrhosis, hepatocellular carcinoma, and liver failure. It may lead to the death of the infected person. The infection is spread due to the transmission of hepatitis A, and hepatitis B. Hepatitis vaccine is available for the prevention of both hepatitis A and hepatitis B, that prevents its occurrence by raising the immunity of the person, thereby avoiding complications such as liver failure and cancer.
MARKET SCOPE
The "Hepatitis vaccine market to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of hepatitis vaccine market with detailed market segmentation by of product, labeling method, application. The hepatitis vaccine market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in hepatitis vaccine market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- n the basis of indication, the market is segmented into Hepatitis A, Hepatitis B, Hepatitis C.
- n the basis of vaccine type, the market is segmented into Recombinant Vaccine, Inactivated Vaccine.
- n the basis of distribution channel, the market is segmented into Hospitals, Retail Pharmacy, Online Pharmacy.
MARKET DYNAMICS
Drivers:
- Rise in the awareness of hepatitis infection prevention among people.
- Coupled with numerous government across the globe rolling out hepatitis immunization schedules.
Restraints:
- Highly expensive medicine.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the hepatitis vaccine market based on various segments. It also provides market size and forecast estimates from year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The hepatitis vaccine market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting hepatitis vaccine market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting hepatitis vaccine market in these regions.
IMPACT OF COVID-19 ON HEPATITIS VACCINE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. The global impacts of the COVID-19 are already starting to be felt, and will significantly affect the hepatitis vaccine market in 2020.Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the hepatitis vaccine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from hepatitis vaccine market are anticipated to have lucrative growth opportunities in the future with the rising demand for hepatitis vaccine market in the global market. Below mentioned is the list of few companies engaged in the hepatitis vaccine market.
The report also includes the profiles of key players in hepatitis vaccine market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Sanofi
- Merck and Co., Inc.
- GlaxoSmithKline plc
- CSL
- Astellas Pharma Inc
- Gilead Sciences, Inc
- Dynavax Technologies
- Bharat Biotech
- VBI Vaccines Inc
- Johnson and Johnson