News
30 Jul 2012
World Vaccine Market to Reach $33.8Bn This Year: Study
A report says the world market for vaccines will be valued at $33.8 billion in 2012.
According to a report by Visiongain, the world market for vaccines will be valued at $33.8 billion in 2012.
Paediatric vaccination continues to dominate the market, but the increased immunisation of adults and the growth of therapeutic vaccines used in cancer treatment are set to drive revenue through to 2022, the study suggests.
Published in July, the World Vaccines Market 2012-2022 report predicts revenues of leading vaccines including Pfizer's Prevnar-13 for the prevention of pneumonia; Gardasil, developed by Merck to prevent the human papillomavirus; and Sanofi Pasteur's influenza vaccine, Fluzone.
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