Product Code: GVR-4-68040-093-9
Respiratory Disease Vaccine Market Growth & Trends
The global respiratory disease vaccine market size is expected to reach USD 70.30 billion by 2030, expanding at a CAGR of 1.21% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the respiratory disease vaccine market is attributable to increasing awareness associated with the importance of vaccination, the rising incidence of respiratory infections, and advancements in vaccine technology. Moreover, the COVID-19 pandemic has brought significant traction to the importance of respiratory vaccines which has further accelerated the market.
Respiratory vaccines, particularly those targeting influenza and pneumonia, are vital in reducing the burden on healthcare systems and minimizing the risk of co-infections with COVID-19. In order to prevent the spread of the virus and prevent the occurrence of outbreaks healthcare providers have been focusing on vaccination to protect individuals against respiratory pathogens like influenza. In recent years, the respiratory vaccine market has witnessed substantial growth attributed to advancements in vaccine technology, specifically in the development of vaccines targeting SARS-CoV-2. The successful development, approval, and deployment of COVID-19 vaccines have demonstrated the capacity of the scientific community to respond rapidly to respiratory threats and have paved the way for future advancements in respiratory vaccine research and development.
Moreover, government backing and surveillance at both national and global levels to monitor the availability, dissemination, and implementation of influenza vaccines is a crucial factor driving the growth of the market. Additionally, increased investments by prominent key players with a major focus on the introduction of novel vaccines into the market have contributed to the growth of the market. For instance, Pfizer recently disclosed their plans to commence Phase 3 clinical trials for their mRNA-based influenza vaccine in September 2022. This trial will involve a cohort of 25,000 individuals aged 18 and above from the U.S.
Furthermore, key players involved in developing and formulating various respiratory disease vaccines are focusing on collaborations and partnerships to develop novel vaccines and to maintain their competitive position in the market. In addition, increasing interest in plant-based medicines owing to natural remedies offered by them is expected to boost the market over the forecast period. Moreover, a number of players are involved in geographic expansion and distribution to meet the rising demand for medicinal products. For instance, in May 2023, Pfizer Inc. received FDA approval for ABRYSVO, a RSV vaccine for the prevention of lower respiratory tract disease caused by RSV in the elderly population above the age of 60 years.
Respiratory Disease Vaccine Market Report Highlights
- Based on type, the viral vaccine segment held the largest revenue share in 2022 owing to the increasing prevalence of viral respiratory conditions
- Based on age group, the pediatric segment is expected to show the fastest growth rate over the forecast period owing to the rising formulation of vaccines for the pediatric population
- On the basis of infection, the COVID-19 segment dominated in 2022 due to the growing need for the development of a vaccine to stop the spread of the COVID-19 virus
- Key players operating in the market are constantly focusing on geographical expansion and product launches to maintain their presence
- North America held the largest revenue share in 2022 which can be attributed to the presence of key players, rising healthcare infrastructure, growing cases of chronic disorders, and availability of proper vaccination service
Table of Contents
Chapter 1 Respiratory Disease Vaccine Market: Methodology And Scope
- 1.1 Market Segmentation And Scope
- 1.1.1 Segment Definitions
- 1.1.1.1 Type Segment
- 1.1.1.2 Age Group Segment
- 1.1.1.3 Distribution Channel Segment
- 1.1.1.4 Infection Segment
- 1.2 Regional Scope
- 1.3 Estimates And Forecast Timeline
- 1.4 Objectives
- 1.4.1 Objective - 1
- 1.4.2 Objective - 2
- 1.4.3 Objective - 3
- 1.5 Research Methodology
- 1.6 Information Procurement
- 1.6.1 Purchased Database
- 1.6.2 Gvr's Internal Database
- 1.6.3 Secondary Sources
- 1.6.4 Primary Research
- 1.7 Information Or Data Analysis
- 1.7.1 Data Analysis Models
- 1.8 Market Formulation & Validation
- 1.9 Model Details
- 1.9.1 Commodity Flow Analysis
- 1.10 List Of Secondary Sources
- 1.11 List Of Abbreviations
Chapter 2 Respiratory Disease Vaccine Market: Executive Summary
- 2.1 Market Snapshot
- 2.2 Type And Age Group Snapshot
- 2.3 Distribution Channel And Infection Snapshot
- 2.4 Competitive Landscape Snapshot
Chapter 3 Respiratory Disease Vaccine Market: Industry Outlook
- 3.1 Market Lineage Outlook
- 3.1.1 Parent Market Lineage Outlook
- 3.1.2 Related/Ancillary Market Outlook
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Market Dynamics
- 3.3.1 Market Drivers
- 3.3.1.1 Increasing Prevalence Of Respiratory Diseases
- 3.3.1.2 Growing Awareness And Focus On Prevention
- 3.3.1.3 Increasing Government Initiatives And Immunization Programs
- 3.3.1.4 Growing Geriatric Population
- 3.3.2 Market Restraint Analysis
- 3.3.2.1 Complex And Time-Consuming Regulatory Approval Process
- 3.3.2.2 High Price Associated With Vaccines
- 3.4 Swot Analysis, By Factor (Political & Legal, Economic And Technological)
- 3.5 Industry Analysis - Porter's
- 3.6 Reimbursement & Regulatory Scenario
- 3.7 Major Deals & Strategic Alliances
- 3.7.1 New Product Launch
- 3.7.2 Acquisition
- 3.7.3 Expansion
- 3.7.4 Partnerships
- 3.7.5 Marketing & Promotions
Chapter 4 Respiratory Disease Vaccine Market: Competitive Landscape
- 4.1 Recent Developments & Impact Analysis, By Key Market Participants
- 4.2 Company Categorization
- 4.2.1 Innovators
- 4.2.1.1 Market Differentiators
- 4.3 Vendor Landscape
- 4.3.1 List Of Key Distributors And Channel Partners
- 4.3.2 Key Customers
- 4.3.3 Key Company Market Share Analysis, 2022
- 4.4 Public Companies
- 4.4.1 Competitive Dashboard Analysis
- 4.5 Private Companies
- 4.5.1 List Of Key Emerging Companies
- 4.6 Regional Network Map
Chapter 5 Respiratory Disease Vaccine Market: Type Business Analysis
- 5.1 Definition And Scope
- 5.2 Type Market Share Analysis, 2022 & 2030
- 5.3 Global Respiratory Disease Vaccine Market, By Type, 2018 To 2030
- 5.4 Respiratory Disease Vaccine Market: Type Movement Analysis
- 5.5 Viral Vaccine
- 5.5.1 Viral Vaccine Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 5.6 Bacterial Vaccine
- 5.6.1 Bacterial Vaccine Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 5.7 Combination Vaccine
- 5.7.1 Combination Vaccine Market Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 6 Respiratory Disease Vaccine Market: Age Group Business Analysis
- 6.1 Definition And Scope
- 6.2 Age Group Market Share Analysis, 2022 & 2030
- 6.3 Global Respiratory Disease Vaccine Market, By Age Group, 2018 To 2030
- 6.4 Respiratory Disease Vaccine Market: Age Group Movement Analysis
- 6.5 Pediatric
- 6.5.1 Pediatric Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.6 Adult
- 6.6.1 Adult Market Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 7 Respiratory Disease Vaccine Market: Infection Business Analysis
- 7.1 Definition And Scope
- 7.2 Infection Market Share Analysis, 2022 & 2030
- 7.3 Global Respiratory Disease Vaccine Market, By Infection, 2018 To 2030
- 7.4 Respiratory Disease Vaccine Market: Infection Movement Analysis
- 7.5 Covid-19
- 7.5.1 Covid-19 Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.6 Influenza
- 7.6.1 Influenza Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.7 Respiratory Syncytial Virus (Rsv)
- 7.7.1 Respiratory Syncytial Virus (Rsv) Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.8 Pneumonia
- 7.8.1 Pneumonia Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.9 Others
- 7.9.1 Others Market Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 8 Respiratory Disease Vaccine Market: Distribution Channel Business Analysis
- 8.1 Definition And Scope
- 8.2 Distribution Channel Market Share Analysis, 2022 & 2030
- 8.3 Global Respiratory Disease Vaccine Market, By Distribution Channel, 2018 To 2030
- 8.4 Respiratory Disease Vaccine Market: Distribution Channel Movement Analysis
- 8.5 Hospital & Retail Pharmacies
- 8.5.1 Hospital & Retail Pharmacies Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.6 Government Suppliers
- 8.6.1 Government Suppliers Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.7 Others
- 8.7.1 Others Market Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 9 Respiratory Disease Vaccine Market: Regional Business Analysis
- 9.1 Definition & Scope
- 9.2 Regional Market Share Analysis, 2022 & 2030
- 9.3 Regional Market Dashboard
- 9.4 Regional Market Snapshot
- 9.5 Swot Analysis, By Factor (Political & Legal, Economic And Technological)
- 9.5.1 North America
- 9.5.2 Europe
- 9.5.3 Asia Pacific
- 9.5.4 Latin America
- 9.5.5 MEA
- 9.6 Market Size, & Forecasts, Trend Analysis, 2022 To 2030
- 9.7 North America
- 9.7.1 North America Respiratory Disease Vaccine Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 9.7.2 U.S.
- 9.7.2.1 U.S. Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.7.2.2 Key Country Dynamics
- 9.7.2.3 Regulatory Framework
- 9.7.2.4 Competitive Scenario
- 9.7.3 Canada
- 9.7.3.1 Canada Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.7.3.2 Key Country Dynamics
- 9.7.3.3 Regulatory Framework
- 9.7.3.4 Competitive Scenario
- 9.8 Europe
- 9.8.1 Europe Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.8.2 Uk
- 9.8.2.1 Uk Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.8.2.2 Key Country Dynamics
- 9.8.2.3 Regulatory Framework
- 9.8.2.4 Competitive Scenario
- 9.8.3 Germany
- 9.8.3.1 Germany Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.8.3.2 Key Country Dynamics
- 9.8.3.3 Regulatory Framework
- 9.8.3.4 Competitive Scenario
- 9.8.4 Spain
- 9.8.4.1 Spain Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.8.4.2 Key Country Dynamics
- 9.8.4.3 Regulatory Framework
- 9.8.4.4 Competitive Scenario
- 9.8.5 France
- 9.8.5.1 France Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.8.5.2 Key Country Dynamics
- 9.8.5.3 Regulatory Framework
- 9.8.5.4 Competitive Scenario
- 9.8.6 Italy
- 9.8.6.1 Italy Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.8.6.2 Key Country Dynamics
- 9.8.6.3 Regulatory Framework
- 9.8.6.4 Competitive Scenario
- 9.8.7 Norway
- 9.8.7.1 Norway Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.8.7.2 Key Country Dynamics
- 9.8.7.3 Regulatory Framework
- 9.8.7.4 Competitive Scenario
- 9.8.8 Denmark
- 9.8.8.1 Denmark Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.8.8.2 Key Country Dynamics
- 9.8.8.3 Regulatory Framework
- 9.8.8.4 Competitive Scenario
- 9.8.9 Sweden
- 9.8.9.1 Sweden Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.8.9.2 Key Country Dynamics
- 9.8.9.3 Regulatory Framework
- 9.8.9.4 Competitive Scenario
- 9.9 Asia Pacific
- 9.9.1 Asia Pacific Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.9.2 Japan
- 9.9.2.1 Japan Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.9.2.2 Key Country Dynamics
- 9.9.2.3 Regulatory Framework
- 9.9.2.4 Competitive Scenario
- 9.9.3 China
- 9.9.3.1 China Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.9.3.2 Key Country Dynamics
- 9.9.3.3 Regulatory Framework
- 9.9.3.4 Competitive Scenario
- 9.9.4 India
- 9.9.4.1 India Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.9.4.2 Key Country Dynamics
- 9.9.4.3 Regulatory Framework
- 9.9.4.4 Competitive Scenario
- 9.9.5 South Korea
- 9.9.5.1 South Korea Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.9.5.2 Key Country Dynamics
- 9.9.5.3 Regulatory Framework
- 9.9.5.4 Competitive Scenario
- 9.9.6 Thailand
- 9.9.6.1 Thailand Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.9.6.2 Key Country Dynamics
- 9.9.6.3 Regulatory Framework
- 9.9.6.4 Competitive Scenario
- 9.9.7 Australia
- 9.9.7.1 Australia Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.9.7.2 Key Country Dynamics
- 9.9.7.3 Regulatory Framework
- 9.9.7.4 Competitive Scenario
- 9.10 Latin America
- 9.10.1 Latin America Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.10.2 Brazil
- 9.10.2.1 Brazil Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.10.2.2 Key Country Dynamics
- 9.10.2.3 Regulatory Framework
- 9.10.2.4 Competitive Scenario
- 9.10.3 Mexico
- 9.10.3.1 Mexico Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.10.3.2 Key Country Dynamics
- 9.10.3.3 Regulatory Framework
- 9.10.3.4 Competitive Scenario
- 9.10.4 Argentina
- 9.10.4.1 Argentina Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.10.4.2 Key Country Dynamics
- 9.10.4.3 Regulatory Framework
- 9.10.4.4 Competitive Scenario
- 9.11 MEA
- 9.11.1 MEA Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.11.2 South Africa
- 9.11.2.1 South Africa Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.11.2.2 Key Country Dynamics
- 9.11.2.3 Regulatory Framework
- 9.11.2.4 Competitive Scenario
- 9.11.3 Saudi Arabia
- 9.11.3.1 Saudi Arabia Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.11.3.2 Key Country Dynamics
- 9.11.3.3 Regulatory Framework
- 9.11.3.4 Competitive Scenario
- 9.11.4 UAE
- 9.11.4.1 UAE Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.11.4.2 Key Country Dynamics
- 9.11.4.3 Regulatory Framework
- 9.11.4.4 Competitive Scenario
- 9.11.5 Kuwait
- 9.11.5.1 Kuwait Respiratory Disease Vaccine Market, 2018 - 2030 (USD Million)
- 9.11.5.2 Key Country Dynamics
- 9.11.5.3 Regulatory Framework
- 9.11.5.4 Competitive Scenario
Chapter 10 Respiratory Disease Vaccine Market: Company Profiling
- 10.1 Company Categorization
- 10.2 Strategy Mapping
- 10.2.1 New Product Launch
- 10.2.2 Partnerships
- 10.2.3 Acquisition
- 10.2.4 Collaboration
- 10.2.5 Funding
- 10.3 Key Company Market Share Analysis, 2022
- 10.4 Company Profiles
- 10.4.1 Gsk Plc.
- 10.4.1.1 Company Overview
- 10.4.1.2 Financial Performance
- 10.4.1.3 Product Benchmarking
- 10.4.1.4 Strategic Initiatives
- 10.4.2 Johnson & Johnson Services, Inc.
- 10.4.2.1 Company Overview
- 10.4.2.2 Financial Performance
- 10.4.2.3 Product Benchmarking
- 10.4.2.4 Strategic Initiatives
- 10.4.3 Pfizer Inc.
- 10.4.3.1 Company Overview
- 10.4.3.2 Financial Performance
- 10.4.3.3 Product Benchmarking
- 10.4.3.4 Strategic Initiatives
- 10.4.4 Sanofi
- 10.4.4.1 Company Overview
- 10.4.4.2 Financial Performance
- 10.4.4.3 Product Benchmarking
- 10.4.4.4 Strategic Initiatives
- 10.4.5 Serum Institute Of India Pvt. Ltd.
- 10.4.5.1 Company Overview
- 10.4.5.2 Product Benchmarking
- 10.4.5.3 Strategic Initiatives
- 10.4.6 Sinovac
- 10.4.6.1 Company Overview
- 10.4.6.2 Product Benchmarking
- 10.4.6.3 Strategic Initiatives
- 10.4.7 Bavarian Nordic
- 10.4.7.1 Company Overview
- 10.4.7.2 Financial Performance
- 10.4.7.3 Product Benchmarking
- 10.4.7.4 Strategic Initiatives
- 10.4.8 Merck & Co., Inc.
- 10.4.8.1 Company Overview
- 10.4.8.2 Financial Performance
- 10.4.8.3 Product Benchmarking
- 10.4.8.4 Strategic Initiatives
- 10.4.9 Astrazeneca
- 10.4.9.1 Company Overview
- 10.4.9.2 Financial Performance
- 10.4.9.3 Product Benchmarking
- 10.4.9.4 Strategic Initiatives
- 10.4.10 Emergent
- 10.4.10.1 Company Overview
- 10.4.10.2 Financial Performance
- 10.4.10.3 Product Benchmarking
- 10.4.10.4 Strategic Initiatives
- 10.4.11 Novavax
- 10.4.11.1 Company Overview
- 10.4.11.2 Financial Performance
- 10.4.11.3 Product Benchmarking
- 10.4.11.4 Strategic Initiatives
- 10.4.12 Inovio Pharmaceuticals
- 10.4.12.1 Company Overview
- 10.4.12.2 Financial Performance
- 10.4.12.3 Product Benchmarking
- 10.4.12.4 Strategic Initiatives
- 10.4.13 Moderna Inc.
- 10.4.13.1 Company Overview
- 10.4.13.2 Financial Performance
- 10.4.13.3 Product Benchmarking
- 10.4.13.4 Strategic Initiatives