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Monday, October 30, 2023

Lucintel Forecasts Global Rotavirus Vaccine Market to Reach $17.9 Billion by 2030

According to a market report by Lucintel, the future of the global rotavirus vaccine market looks promising with opportunities in the hospital and clinic, academic, and research markets. The global rotavirus vaccine market is expected to reach an estimated $17.9 billion by 2030 with a CAGR of 10.1% from 2024 to 2030. The major drivers for this market are augmenting cases and mortality of rotavirus infection and rising awareness about the benefits of rotavirus vaccines among healthcare professionals and parents/caregivers.

A more than 150–page report is developed to understand Trends, opportunity and forecast in rotavirus vaccine market to 2030 by type (rotarix, rotateq, rotavin-m1, lanzhou lamb, and others), end use (hospitals and clinics, academic and research, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, rotarix, rotateq, rotavac, rotavin-m1, and lanzhou lamb are the major segments of rotavirus vaccine market by type. Lucintel forecasts that rotarix is expected to witness highest growth over the forecast period. 

Within this market, hospitals and clinics is expected to witness highest growth over the forecast period as they have the necessary infrastructure and expertise to safely and effectively administer rotavirus vaccines. 

APAC is expected to witness highest growth over the forecast period due to growing demand for early detection and treatment of rotavirus infections, rising investment in healthcare infrastructural development, and continuous population growth in the region. 

Biovirx, Serum Institute of India, Merck & Co, Bharat Biotech, Biological E, Bio Farma, Novartis, Glaxosmithkline, Sanofi, and Lanzhou Institute of Biologicals Products are the major suppliers in the rotavirus vaccine market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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