LONDON–(BUSINESS WIRE)–#GlobalHepatitisBVaccinesMarket–Technavio has been monitoring the global hepatitis B vaccines market size and it is poised to grow by USD 524.00 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bharat Biotech Ltd., Dynavax Technologies Corp., GlaxoSmithKline Plc, Indian Immunologicals Ltd., KM Biologics Co. Ltd., LG Chem Ltd., Merck & Co. Inc., Sanofi, Serum Institute of India Pvt. Ltd., and Shenzhen Kangtai Biological Products Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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High prevalence of hepatitis B globally has been instrumental in driving the growth of the market. However, the stringent regulations for approval of biologics might hamper market growth.
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Hepatitis B Vaccines Market 2020-2024: Segmentation
Hepatitis B Vaccines Market is segmented as below:
Hepatitis B Vaccines Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The hepatitis B vaccines market report covers the following areas:
This study identifies the rising initiatives to increase awareness about hepatitis B as one of the prime reasons driving the hepatitis B vaccines market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports.
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Hepatitis B Vaccines Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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