The Measles Market size was valued at USD 1.70 Bn. in 2023 and the total Measles Market size is expected to grow at a CAGR of 7.20% from 2024 to 2030, reaching nearly USD 2.89 Bn. by 2030.
Measles Market Overview:
Stellar Market Research provides a comprehensive analysis of the Measles industry, detailing regional insights, evolving trends, the industry environment, and market-leading elements. The research covers an in-depth examination of the Measles Market and explores the factors behind regional disparities in industry growth.
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Market Scope:
The report offers a thorough analysis of the Measles market size and shares globally and regionally. It includes a market overview and definition, along with preventative and strategic management insights. The Measles Market report delves into trends, drivers, challenges, restraints, and opportunities, helping to gauge the market's potential over the forecast years. It examines key players in the Measles market in terms of their size, market share, growth, revenue, production volume, and profitability across regions, providing a comprehensive understanding of the market structure. SWOT analysis identifies the strengths and weaknesses within the Measles market. The market engineering process involved top-down and bottom-up strategies and other data triangulation techniques to estimate and forecast market segments and sub-segments detailed in the study.
Segmentation:
By Type
German Measles
Red Measles
According to Type, Red measles, commonly referred to as rubeola, is the most prevalent sector in the measles market segmentation analysis by type. Due to the greater frequency and severity of red measles than German measles (Rubella), the red measles sector is currently leading the market. This is highly contagious and can cause very significant health problems in children, including pneumonia, encephalitis, and even death, especially in young children. This necessitated intensive immunization programs as well as increased control and preventative awareness activities.
The World Health Organization (WHO) and other national health organizations prioritize eradicating the red measles through extensive immunization campaigns, which raises demand for the vaccine. As a result, Red Measles is more common than German Measles in the market due to the increased focus on its prevention. As so, this increased
By Application
Adults
Children
By Treatment
Antiviral Treatment
Antibiotic Treatment
Vaccine
Others
By End-Users
Clinics
Hospital
Others
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Regional Analysis
The Measles Region dominated the Measles Market in 2023 and is expected to experience significant growth during the forecast period. Regional market growth is driven by the expanding Measles industry and rising incomes in Europe, Asia Pacific, South America, the Middle East, and Africa. The current environment and projected trends underpin the market evaluation. Detailed analyses of factors influencing regional market growth and regulatory changes impacting current and future market trends are discussed in the regional and country sections.
Measles Key Players:
Key Players of the Measles Market profiled in the report include...
Astellas Pharma Inc.
Emergent BioSolutions Inc.
Abbott
Biomedical Diagnostics
Serum Institute of India Pvt. Ltd.
Sanofi
Novartis AG
Johnson & Johnson Services, Inc.
MedImmune
CSL Limited
GlaxoSmithKline plc
Bavarian Nordic
Merck & Co., Inc.
Microgen
Pfizer Inc.
Bharat Biotech
Sinovac Biotech
Indian Immunologicals Limited
Novavax
Bio Farma
Takeda Pharmaceutical Company Limited
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Key Questions answered in the Measles Market Report are:
- Which region held the largest market share in the Measles Market?
- What is the expected Measles market size by 2030?
- Which factors are the opportunities for the Measles market growth?
- What are investment opportunities for the Measles market?
- What are the recent industry trends that were implemented to generate additional revenue streams for the Measles Market?
- Which segment dominates the Measles Market?
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