June 20, 2022
According to the research report titled ‘United States Shingles Vaccine Market - Growth, Demand, Trends, Opportunity, Forecasts (2020 - 2027)’, available with MarketStudyReport, the United States shingles vaccine market is anticipated to accrue a valuation of USD 3.7 billion by 2027.
Increased adoption & recommendation of the shingles vaccine, rising awareness about the ailment, affordability of the vaccines, increased vulnerability to the growing geriatric population, and high efficacy to preclude shingles and postherpetic neuralgia are the significant factors responsible for the growth of the United States shingles vaccine industry.
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In addition, the rise in national immunization programs by government agencies, and initiatives taken by major companies also contribute to the market expansion.
Apart from enlisting key growth drivers and profitable opportunities, the research sought to evaluate the restraints and drawbacks, along with the plausible alternatives to support stakeholders in maintaining economic growth.
The research delivers a systematic investigation of the entire industry. It examines the data collected from the year 2018 to 2019, helping to estimate the developmental patterns in the United States shingles vaccine industry through 2027, keeping in mind variables such as the latest pricing analysis, demands, and significant developments.
The publication cites an overview of reimbursement scenario prevailing in the market, along with a detailed evaluation of the present regulatory structure. Besides, it also examines the latest clinical trials studies and the potential shingles vaccine currently in final stages.
Lastly, the research documentation examines the profiles of pioneering players, including an in-depth evaluation of the business structure, vaccination portfolio, platform innovations, and recent developments, to help stakeholders understand the competitive panorama.
Emerging competitors are developing revolutionary technology-based vaccines that are expected to have a significant impact on the revenue generation of the United States shingles vaccine market until 2027. The report features well-known firms like Curevo Vaccine, GeneOne Life Science Inc., Vaccitech plc, and GlaxoSmithKline plc (GSK).