Market Dynamics:
The United States zoster vaccine market is expected to witness significant growth in the coming years due to the increasing prevalence of shingles among the elderly population. The growth drivers for the market include the rising geriatric population, the growing awareness about vaccine-preventable diseases, and the government initiatives to promote vaccination. However, the industry faces restraints and challenges such as high cost of vaccines and the limited availability in some regions.
Regional Forecast Analysis:
Market Segments:
The market segments for zoster vaccine in the United States include type, end user, and distribution channel. One sub-segment from each segment is:
Type:
This sub-segment is expected to witness significant growth due to its higher efficacy and fewer side effects compared to other types of zoster vaccines.
End User:Hospitals
The hospitals segment is the largest end user of zoster vaccines, as they are the primary healthcare providers for vaccination services to the general population.
Distribution Channel:Retail Pharmacies
The retail pharmacies segment holds a significant share in the distribution of zoster vaccines, providing easy access to the vaccine for the general public.
Market Players:
The competitive landscape of the United States zoster vaccine market includes leading players such as Merck & Co., Inc., GlaxoSmithKline plc, and Sanofi. These companies are focusing on strategic collaborations, product innovations, and expansions to strengthen their market position and cater to the increasing demand for zoster vaccines.