The Hungarian Vaccines Market is projected to grow at CAGR of 4.45% to reach a revenue of $82.75m by 2023

May 09 18:46 2019
The Hungarian Vaccines Market is projected to grow at CAGR of 4.45% to reach a revenue of $82.75m by 2023

Hungarian Vaccines Market
The increasing prevalence of various viral and bacterial diseases has increased the demand for inactivated vaccines, which in turn is fuelling the growth of the market. The Hungary Inactivated Vaccines Market is projected to grow at a CAGR of 5.06%.

According to the new market research report by IndustryARC titled “Hungarian Vaccines Market: (2018–2023),” the market is driven by the new technological advancements and collaboration strategies adopted by key players.

The Inactivated Vaccines segment holds the major share in Hungarian Vaccines Market

The Inactivated Vaccines segment dominated the market with a large market share. Researchers and market players invest in R&D to develop safe and effective vaccines, and introduce new inactivated vaccines after clinical studies have been completed, thus boosting the growth of the inactivated vaccines market. The increasing prevalence of various viral and bacterial diseases has increased the demand for inactivated vaccines, which in turn is fuelling the growth of the market. The Hungary Inactivated Vaccines Market is projected to grow at a CAGR of 5.06%. 

View Full Table of Contents of Hungarian Vaccines Market:

https://industryarc.com/Report/19176/hungarian-vaccines-market

Selected/Sample Analysis done in full report

By Disease, the Influenza segment has witnessed a large growth due to the fact that it is the most common disease that can occur to any age group of people. Influenza resolves on its own for most people. But sometimes influenza and its complications can be deadly for young children under the age of 5, particularly children under 2 years of age and adults older than 65 years. In Hungary, those aged ≥65 years are recommended for vaccination for influenza.

By End User, the Pediatrics segment is on growth because of increased incidence of infant diseases such as chicken pox, typhoid, cholera, measles and hepatitis, leading to high demand for immunization, which has a positive effect on the vaccines market.

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Excerpts on Market Growth Factors

  • Based on diseases, the Influenza segment is expected to hold a major share of the market.
  • GlaxoSmithKline is expanding vaccine production in Hungary and has invested HUF 18 billion into its Hungarian Vaccine Unit.
  • The rising company initiatives to enhance the R&D in vaccines, and the growing government support for vaccine development are projected to accelerate the growth of the Hungarian vaccines market in the next few years.

 

Key players of the Hungarian Vaccines Market

Pfizer Inc., a New York based company which operates in more than 60 countries offers various types of product such as Prevnar 13/Prevenar 13, Nimenrix, Trumenba and Others. The major competitors in this market are GlacoSmithKline, Merck and Co, Sanofi Pasteur and many more.

Read More – Lifesciences and Healthcare Research Reports @ https://industryarc.com/Domain/8/lifesciences-healthcare-market-research.html

 

Related Reports:

1.       Veterinary Vaccines Market

https://industryarc.com/Report/9591/veterinary-vaccines-market.html

2.       Medical Robotics Market

https://industryarc.com/Report/2331/Medical-Robotics-Market-Research-Report.html

 

What can you expect from the report?

The Hungarian Vaccines Market is Prepared with the Main Agenda to Cover the following 20 points:

1. Hungarian Vaccines Market Size by Product Categories & Application        

2. Hungarian Vaccines Market trends & Relevant Market Data

3. Manufacturer Landscape                                                                           

4. Distributor Landscape                                                                                  

5. Pricing Analysis                                                                                                

6. Top 10 End-user Analysis                                                                        

7. Product Benchmarking                                                                                

8. Product Developments                                                                               

9. Mergers & Acquisition Analysis                                                            

10. Patent Analysis

11. Hungarian Vaccines Market Demand Analysis (Revenue & Volume)

12. Country-level Analysis

13. Competitor Analysis

14. Hungarian Vaccines Market Shares Analysis

15. Value Chain Analysis

16. Supply Chain Analysis

17. Hungarian Vaccines Market Strategic Analysis

18. Hungarian Vaccines Market Current & Future Market Landscape Analysis

19. Opportunity Analysis

20. Hungarian Vaccines Market Revenue and Volume Analysis

Frequently Asked Questions:

Q. Does IndustryARC publish country, region, product, or application-based reports on the Vaccines market?

Response: Yes, we do have separate reports as mentioned below:

1. Global Vaccine Market (2018–2023)

2. Asia-Pacific Vaccine Market (2018–2023)

3. Europe Vaccine Market (2018–2023)

4. North America Vaccine Market (2018–2023)

Q. Does IndustryARC provide customized reports and charge additionally for limited customization?

Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We provide the following free customization:

1. Increase the level of data in the application or end user industry chapter

2. Increase the number of countries in the geography chapter

3. Find out market shares for other smaller companies or companies that are of interest to you

4. Company profiles can be requested based on your interest

5. Patent analysis, pricing, product analysis, product benchmarking, and value and supply chain analysis can be requested for a specific country or end use segment.

Any other custom requirements can be discussed with our team. Drop an e-mail to [email protected] to learn more about our consulting services.

Talk to one of our sales representatives about the full report by providing your details in the link below:

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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, and Life Sciences & Healthcare.

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