Disease Control and Prevention Vaccine Market Size, Share & Trends Analysis Report Forecast 2024-2031

The global disease control and prevention vaccine market is anticipated to grow at a significant CAGR of 12.1% during the forecast period. The global market is growing due to the high prevalence and increasing incidence of the disease. As per the information provided by the US Department of Health & Human Services in 2021, around 146.6 million people in the US were anticipated to be affected by Infections. Additionally, government and NGO's working together to provide better immunization to the population suffering from diseases is boosting the market growth. For instance, the Global Polio Eradication Initiative is a public-private partnership initiative by five governmental organizations that include WHO, Rotary International, CDC, UNICEF, and the Bill & Melinda Gates Foundation focusing on polio eradication across the globe. Additionally, the US FDA, CDC, and NIH have partnered with the US Department of Health and Human Services Biomedical Advanced Research and Development Authority for the research and development of new vaccines which is also driving the market growth. However, the high cost of vaccination is considered a restraining factor for the global disease control and prevention vaccine market to grow in the forecast period.

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Impact of COVID-19 Pandemic on Global Disease control and prevention vaccine Market

During the COVID-19 Pandemic, the demand for vaccines in the global disease control and prevention vaccine market has substantially increased as all the major market players globally were focused on the research and development of COVID-19 vaccines. Additionally, other vaccines and research were in the pipeline and the major focus was on the development and mass production of COVID-19 vaccines as it was considered the most important vaccine that the population needs at this stage.

Segmental Outlook

The global disease control and prevention vaccine market is segmented based on the type and indication. Based on the type, the market is segmented into a live-attenuated vaccine, inactivated vaccine, subunit vaccine, toxoid vaccine, and others. Amongst the type, the live-attenuated vaccine is anticipated to propel the growth of the market over the forecast period. Further, based on the indication, the market is sub-segmented into infectious disease, cancer, and others indication.

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By Type (Live-Attenuated Vaccine, Inactivated Vaccine, Subunit Vaccine, Toxoid Vaccine, Others),

By Indication (Infectious Disease, Cancer, and Other Indication)

Market Players Outlook

The major companies serving the global disease control and prevention vaccine market include AstraZeneca, Astellas Pharma Inc., Blistex Inc., Serum Institute of India Pvt. Ltd., and many more. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new vaccine launches for the advancement of the disease treatment, to stay competitive in the market. For instance, in January 2022, Pfizer, Inc., and BioNtech announced the initiation of a clinical study to evaluate the safety, tolerability, and immunogenicity of an Omicron-based vaccine in healthy adults 18 through 55 years of age

The Report Covers

Market value data analysis of 2022 and forecast to 2028.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global disease control and prevention vaccine market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

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