Measles Market Overviews
Measles Market size was valued at USD 1.70 Bn. in 2023 and the total Measles Market size is expected to grow at a CAGR of 7.20% from 2024 to 2030, reaching nearly USD 2.89 Bn. by 2030.
Measles is the most infectious diseases in human, this cause very serious illness, lifelong complications and death. Measles or rubeola is known to be a highly contagious disease. This disease is also caused by the virus of rubeola.
There are several drivers such as increasing immunization programs and government initiatives, outbreaks of measles in various regions, advancements in vaccine technology and rising awareness and education efforts helps to boost measles market growth. Restraints such as vaccine hesitancy and misinformation and logistical and supply chain challenges hampers the measles market growth. North America region is the dominating region thanks to rising patient population with measles and well-developed technology in the region. Europe region is expected to grow in the forecast period. Key Players such Astellas Pharma Inc., Emergent BioSolutions Inc., Abbott, Biomedical Diagnostics are major dominating companies across the world.
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Measles Market Scope and Methodology:
The Globally increase in vaccination programs and government Initiatives for the significant growth of measles vaccine market. Various Countries have executed broad vaccination campaigns to control the spread measles. which is highly infectious and leads to prompt extreme unexpected problems.
Measles Market Regional Insights
North America Measles Market, North America is the dominating region of measles Market, and it is expected to continuous its dominance during the forecast period. The Dominance of north America region thanks to rising patient population with measles and well-developed technology in the region. In the United States, the quantity of instances of measles has reduced fundamentally on account of the immunization. In any case, the rising immunization refusals as of late are happening the measles in the US. addition, the regional market development relies upon the presence of a portion of the leading players, high healthcare expenditure and rising prevalence of immunological diseases in the region.
Measles Market Segmentation
Based on Type, In the measles market segment analysis by type, Red Measles (also known as Rubeola) is the dominating segment. Red Measles segment is dominating the market thanks to the higher incidence and severity of Red Measles compared to German Measles (Rubella). This leads to very serious health problems to children like pneumonia, encephalitis, and even death, particularly in young children, and it is very contagious. This required extensive vaccination efforts and heightened awareness campaigns to control and prevention.
Measles Market Key Players
Astellas Pharma Inc.
Emergent BioSolutions Inc.
Abbott
Biomedical Diagnostics
Serum Institute of India Pvt. Ltd.
Sanofi
Novartis AG
Johnson & Johnson Services, Inc.
MedImmune
CSL Limited
GlaxoSmithKline plc
Bavarian Nordic
Merck & Co., Inc.
Microgen
Pfizer Inc.
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Key questions answered in the Measles Market are:
- What is Measles ?
- What was the Measles market size in 2023?
- What is the growth rate of the Measles Market?
- Which are the factors expected to drive the Measles market growth?
- What are the different segments of the Measles Market?
- What growth strategies are the players considering to increase their presence in Measles ?
- What are the upcoming industry applications and trends for the Measles Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Measles Market?
- Who are the leading companies and what are their portfolios in Measles Market?
- What segments are covered in the Measles Market?
- Who are the key players in the Measles market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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