According to FutureWise analysis, the market for Adult Vaccines is estimated to be US$ 17.92 billion in 2023 and is expected to reach US$ 31.54 billion by 2031 at a CAGR of 7.32% over the forecast period of 2025-2033.
The vaccine is a biological preparation designed to provide active acquired immunity to a specific infection or malignant disease. They work by introducing a weakened, inactivated, or partial form of the disease-causing agent (such as a virus or bacteria) into the body. This exposure triggers the immune response, producing antibodies and memory cells that can be recognized and fight off the actual pathogens if the person is exposed to them in the future. Vaccines are known to be the best public health intervention, aiding in preventing and controlling numerous infectious diseases, some of which were the deadliest and most widespread.
Vaccines can be prophylactic, used to prevent the effect of future infection by any pathogens, or therapeutic, which fights a disease that has already occurred, such as cancer. Some vaccines work in complete prevention through full sterilizing immunity. The administration of vaccines is called vaccination. Significant achievements in eradicating smallpox and restriction of diseases, such as tetanus, polio, and measles worldwide, are possible through vaccines. COVID-19 is a recent example of how effective the vaccines are and how the vaccination drive has played a substantial role in fighting the battle.
FutureWise Market Research has published a report that provides an insightful analysis of Adult Vaccine Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts’ projects that Adult Vaccine Market will experience a significant growth.
According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.