Shingles Vaccine Market is Booming in Near Future 2023-2031
Pune, India - (NewMediaWire) - March 3, 2023 - "Shingles Vaccine" Size, Scope, and Forecast 2023-2031 report has been added to the Market Research Archive of Absolute Reports. Industry experts and researchers have offered an authoritative and concise analysis of the Global Shingles Vaccine with respect to various aspects such as growth factors, challenges, restraints, developments, trends, and opportunities for growth. This report will surely be a handy tool for market players to come up with effective strategies with the aim of strengthening their positions in the market.
What is the Shingles Vaccine growth?
The trade name of shingles vaccine (recombinant zoster vaccine) is SHINGRIX, which was developed by GlaxoSmithKline. Its product was firstly approved in China in 2020. Shingles vaccine is suitable for adults aged 50 years and over to protect against shingles (herpes zoster). The recombinant zoster vaccine has been listed in the Chinese market. By July 2022, GlaxoSmithKline Biologicals is the only manufacturer in the Chinese Shingles Vaccine market.
According to market research, since Shingles Vaccine entered the Chinese market in 2020, its annual sales value reached CNY19 million (US$2.85 million), and its annual sales volume reached nearly 12,000 doses. Therefore, the development prospects are quite good.
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According to Researchers analysis, from 2022 to 2031, as Shingles Vaccine market expands, its sales will continue to grow. Compared with Merck’s Zostavax, SHINGRIX has better preventive effects and faster replacement velocity. Therefore, as the market share of Shingles Vaccine will gradually increase, and sales and sales volume will also increase.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 40 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Shingles Vaccine?
Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, in Chapters, we elaborate at full length on the impact of the pandemic and the war on the Shingles Vaccine Industry.
Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Shingles Vaccine Industry.
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This report provides a pin-point analysis of changing dynamics and emerging trends in the Global Shingles Vaccine. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Global Shingles Vaccine in the coming years. Further, the authors of the report have shed light on the factors that may hinder the growth of the Global Shingles Vaccine.
Shingles Vaccine - Competitive and Segmentation Analysis:
2. How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Top Key Players of the Global Shingles Vaccine
GlaxoSmithKline Biologicals (SHINGRIX)
Short Description About Shingles Vaccine:
The Global Shingles Vaccine is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
This report studies the Shingles Vaccine, covering market size for segment by type, by application, by sales channel (Direct Channel, Distribution Channel), and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Shingles Vaccine from 2015-2020, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Shingles Vaccine.
Moreover, the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase. Fortunately, with the development of vaccine and other effort by global governments and organizations, the negative impact of COVID-19 is expected to subside and the global economy is expected to recover.
This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and sub-segments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments.
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3. What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report.
Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2023-2031) of the following regions are covered in Chapter 4 and Chapter 7:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Please find a more complete list of data sources in Chapters
1.To study and analyze the global Shingles Vaccine consumption (value) by key regions/countries, product type and application
2.To understand the structure of Shingles Vaccine by identifying its various sub segments.
3.Focuses on the key global Shingles Vaccine manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.
4.To analyze the Shingles Vaccine with respect to individual growth trends, future prospects, and their contribution to the total market.
5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
6.To project the consumption of Shingles Vaccine submarkets, with respect to key regions (along with their respective key countries).
7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
8.To strategically profile the key players and comprehensively analyze their growth strategies.
Customization of the Report
4. Can I modify the scope of the report and customize it to suit my requirements?
Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Shingles Vaccine Market Insights and Forecast to 2031
1 Relevant Concepts of Shingles Vaccine
1.1 Indications for Shingles Vaccine
1.2 Development of Shingles Vaccine in China
1.3 Governmental Approval of Shingles Vaccine in China
1.4 The Impact of COVID-19 on Shingles Vaccine sales in China
2 Sales of Shingles Vaccine in China in 2020 -2021
2.1 Sales Value of Shingles Vaccine
2.1.1 Overall Sales Value
2.1.2 Sales Value by Regions
2.2 Sales Volume of Shingles Vaccine
2.2.1 Overall Sales Volume
2.2.2 Sales Volume by Regions
2.3 Sales of Shingles Vaccine by Dosage Form in China in 2020-2021
2.3.2 Analysis of Other Dosage Forms
3 Analysis of Major Shingles Vaccine Manufacturers in China in 2020-2021
3.1 Analysis of Market Share of Major Shingles Vaccine Manufacturers
3.1.1 Investigation on Market Share by Sales Value
3.1.2 Investigation on Market Share by Sales volume
3.2 GlaxoSmithKline Biologicals
3.2.1 Enterprise Profile
3.2.2 Sales of SHINGRIX (GlaxoSmithKline Biologicals’ Shingles Vaccine) in China
4 Prices of Shingles Vaccine for Different Manufacturers in China, 2021-2022
4.1 GlaxoSmithKline Biologicals (SHINGRIX)
5 Prospect of Chinese Shingles Vaccine Market, 2022-2026
5.1 Influential Factors of Chinese Shingles Vaccine Market Development
5.1.1 The Impact of COVID-19 on Chinese Shingles Vaccine Market
5.1.2 Market Drivers and Opportunities
5.1.3 Market Threats and Challenges
5.2 Forecast on Market Size
5.3 Forecast on Market Trend
List of Charts
Chart Patent Information About Shingles Vaccine Injection Registration in China
Chart Sales Value of Shingles Vaccine Injection over the World
Chart Sales Value of Shingles Vaccine Injection in China in 2020-2021
Chart Sales Value of Shingles Vaccine Injection in China by Regions in 2020-2021
Chart Sales Volume of Shingles Vaccine Injection in China in 2020-2021
Chart Sales Volume of Shingles Vaccine Injection in China by Regions in 2020-2021
Chart Market Share by Sales Value of Top Shingles Vaccine Manufacturers in China in 2020-2021
Chart Sales Value and Volume of SHINGRIX in China in 2020-2021
Chart Referential Prices of SHINGRIX in China by Regions, 2021-2022
Chart Forecast on Sales Value of Shingles Vaccine in China, 2022-2031
Chart Forecast on Sales Volume of Shingles Vaccine in China, 2022-2031
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