United States coronavirus vaccine market
is expected to grow at an impressive rate for the next
five years. Coronavirus is an infectious disease and once it infects one
person, it spreads at a rapid rate to other people. Coronavirus has spread all
over the world and in March 2020, World Health Organization declared
coronavirus as a pandemic. Vaccination is an effective way to prevent the
spread the pathogens as it reduces the risk of infection by training the body
to recognize the infecting virus and prepare the antibodies present in the body
to fight against the spread of disease inside the body. Increase in daily death
rate of people suffering from coronavirus as it weakens the immune system of
body is expected to fuel the coronavirus vaccine market. A large number of
people are getting affected by the coronavirus thereby there is huge burden on
the healthcare industry and professional who are taking care of patients
admitted into the hospital is creating the need for vaccines so as to limit the
spread of coronavirus in United States. To fight the novel coronavirus, leading
authorities announced lockdown restrictions and imposed a set of precautionary
measures and guidelines to ensure the safety of its citizens. Citizens started
maintaining social distance and taking all necessary precautions which led to
the shutdown of manufacturing units and industries resulting in a major hit on
the economic growth of United States.
States coronavirus vaccine market is segmented into type, required
number of does, patient type, end user, vehicle type, regional distribution,
and company. Based
on type, market is further bifurcated into mRNA based and vector based. mRNA
based vaccine is expected to witness growth for the forecast period. All
vaccines in United States are tested and found to be effective and safe against
novel coronavirus. mRNA are new type of vaccines which teaches cells to make
proteins which triggers the immune system of the body to fight against the
virus. Moderna developed first mRNA vaccine and took record time to complete
the time from vaccine design and vaccine trials. These vaccines are more
affordable, adaptable, faster, and easy to produce on a large scale than its
other counterpart vaccines.
The major players operating in the United
States coronavirus vaccine market are Pfizer Inc., Moderna
Inc., Johnson & Johnson, BioNTech SE, Novavax, Inc., among others. Major
companies are developing advanced technologies and launching new services to
stay competitive in the market. Other competitive strategies include mergers
& acquisitions and new service developments.
considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
- To analyze the historical growth of the market size of United
States coronavirus vaccine market from 2016 to 2019.
- To estimate and forecast the market size of United States coronavirus
vaccine market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast United States coronavirus vaccine market based
on type, required number of doses, patient type, end user, regional
distribution, and company.
- To identify dominant region or segment in the United States coronavirus
- To identify drivers and challenges for United States coronavirus
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in United States coronavirus
- To identify and analyze the profile of leading players operating in
United States coronavirus vaccine market.
- To identify key sustainable strategies adopted by market players in
United States coronavirus vaccine market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers who could not be identified
due to the limitations of secondary research. TechSci Research analyzed the manufacturers,
distribution channels and presence of all major players across the globe.
Research calculated the market size of United States coronavirus vaccine market using a bottom-up approach, wherein
data for various end-user segments was recorded and forecast for the future
years. TechSci Research sourced these values from the industry experts and
company representatives and externally validated through analyzing historical
data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
Key Target Audience:
- Coronavirus vaccine manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances related
to coronavirus vaccine market.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
In this report, United States coronavirus
vaccine market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
United States Coronavirus Vaccine Market,
- United States Coronavirus Vaccine Market, By Required Number
- United States Coronavirus Vaccine Market, By Patient
- United States Coronavirus Vaccine Market, By End User:
- United States Coronavirus Vaccine Market, By Region:
- North East
Company Profiles: Detailed analysis of the major
companies present in United States coronavirus vaccine market.
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
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vaccine market is an upcoming report to be released soon. If you wish an early
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- Detailed analysis and profiling of
additional market players (up to five).