The Business Research Company’s latest report Pediatric Vaccines Global Market Report 2020 covers Pediatric Vaccines market drivers, Pediatric Vaccines market trends, Pediatric Vaccines market segments, Pediatric Vaccines market growth rate, Pediatric Vaccines market major players, and Pediatric Vaccines market size. The report provides in-depth analysis of the impact of COVID-19 on the Pediatric Vaccines industry, along with revised market numbers due to the effects of the coronavirus.
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Pediatric Vaccines Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global pediatric vaccines is expected to decline from $30.4 billion in 2019 to $28.9 billion in 2020 at a compound annual growth rate (CAGR) of -5%. The decline is mainly due to the focus on Covid-19 outbreak and its treatment across the globe and non-availability of vaccines or delay of immunizations in pediatrics. The market will stabilize or grow from next year owing to the easing of supply chain restrictions. Also, successful launch of the covid19 vaccine or immunization of existing BCG vaccine in countries where it is not administered at present, which will boost the pediatric vaccines market significantly in the mid to long term. The market is expected to recover and reach $40.7 billion in 2023 at a CAGR of 7.8%.
The report covers the pediatric vaccines market’s segments-
1) By Vaccine Type: Monovalent, Multivalent
2) By Technology: Live Attenuated, Inactivated, Toxoid, Conjugate, Other Technologies.
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