Hepatitis B Vaccine Market Share
Segmentation Analysis:
Insights by Type
The combination vaccine segment accounted the largest market share over around 67% in 2023. Hepatitis B is a component of several combination vaccinations that have been created and put on the market. These vaccines offer hepatitis B protection along with defence against other illnesses such hepatitis A, diphtheria, tetanus, pertussis, polio, or Haemophilus influenzae type b (Hib). Combination vaccines increase immunisation rates by providing defence against many illnesses in a single shot. This is crucial in areas with weaker healthcare infrastructure or when treating prevalent diseases requires several immunisations. The hepatitis B market's combination vaccination sector has experienced consistent growth. Pharmaceutical firms have kept up their investments in the creation of fresh combo vaccinations that include hepatitis B defence.
Insights by End Use
The hospitals segment is anticipated to reach USD 4.14 billion, By 2033. The prevalence and incidence of hepatitis B in a specific area or nation have a big impact on how big the market is. Increased hepatitis B infection rates can result in a rise in the need for hospital healthcare services, antiviral drugs, and diagnostic testing. Government-sponsored vaccination campaigns may help to lower hepatitis B cases, which will have an impact on the market. Hospitals may experience a decline in the need for medical services but an increase in the need for vaccinations. The hepatitis B market's treatment segment may develop as a result of the availability of potent antiviral drugs and therapies. Hospital procedures and patient outcomes may be affected by the introduction of new drugs and improvements in treatment plans.
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Competitive Landscape:
Major players in the market
- Accord Healthcare Inc.
- Apotex Corp.
- Arbutus Biopharma
- Arrowhead Pharma
- Aurobindo Pharma Limited
- Bristol-Myers Squibb Company
- Gilead Sciences, Inc.
- GlaxoSmithKline
- Lupin Pharmaceuticals, Inc.
- Merck & Co., Inc.
- Par Pharmaceutical, Inc.
- Teva Pharmaceuticals
- Zydus Pharmaceuticals
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