The Cervical Cancer Vaccine Global Market Report 2023, provides comprehensive information on the cervical cancer vaccine market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global cervical cancer vaccine market size is expected to grow from $3.55 billion in 2022 to $4.01 billion in 2023 at a compound annual growth rate (CAGR) of 12.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of cervical cancer vaccine market is expected to reach $6.23 billion in 2027 at a CAGR of 11.6%.
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Product innovation has emerged as a key trend gaining popularity in the cervical cancer vaccine market. Leading market players are focusing their resources on developing groundbreaking products to fortify their market presence. For instance, in May 2022, GlaxoSmithKline, a UK-based pharmaceutical company, received approval from the National Medical Products Administration (NMPA) for its two-dose vaccine schedule, Cervarix, for girls ages nine to fourteen to prevent cervical cancer. With the granted approval, Cervarix has become the first two-dose imported HPV vaccine for this age group in mainland China.
The cervical cancer vaccine market is segmented:
1) By Type: Cervarix, Gardasil, Gardasil 9
2) By Distribution Channels: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
3) By End-Users: Hospital, Biotechnology Company, Academic And Research Organizations, Other End-Users
North America was the largest region in the cervical cancer vaccine market in 2022.
The table of contents in TBRC’s cervical cancer vaccine market report includes:
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