According to FutureWise analysis, the Inactivated Vaccines Market in 2025 is US$42.70 billion, and is expected to reach US$76.33 billion by 2033 at a CAGR of 7.53%.
Vaccines are biological preparations designed to create active acquired immunity to specific illnesses. Vaccinations are typically classified into four types: live-attenuated vaccines, toxoid vaccines, subunit vaccines, and inactivated vaccines. Inactivated vaccines are produced by inactivating a virus, bacterium, or pathogen using chemicals, such as formaldehyde, or through heat treatment. These pathogens are cultured in controlled environments and then destroyed to minimize their infectiousness. While inactivated vaccines can elicit an immune response, they are generally less effective than live-attenuated vaccines. To generate a sufficient immune response against illnesses, multiple booster doses and immunologic adjuvants are often necessary. Examples of inactivated vaccines include the seasonal influenza vaccine and the inactivated polio vaccine, both of which are included in the US Recommended Childhood Immunization Schedule. Because older vaccines tend to have lower immunogenicity, there is a high demand for newly developed vaccines with improved effectiveness. Researchers and industry stakeholders are investing in research and development to produce safe and effective vaccines, which is driving growth in the inactivated vaccines market. The introduction of new inactivated vaccines, following the completion of clinical trials, is expected to stimulate the market during the forecast period further. For instance, Merck's experimental inactivated varicella zoster virus vaccine (V212) has shown promise in reducing the incidence of herpes zoster in immunocompromised participants. Clinical trials indicate that V212 decreases the occurrence of herpes zoster pain by approximately 69.5% and also reduces the incidence of postherpetic neuralgia. Moreover, the rising prevalence of various viral and bacterial infections worldwide is increasing the demand for inactivated vaccines, which will contribute to market expansion.
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**Objectives of this Study: **
Flexible Delivery Model: