Rubella Vaccine Market size is forecast to reach 4.3 billion by 2025, growing at a CAGR of 6.07 during the forecast period 2020-2025. Rubella is a contagious infection which is caused by the transmission of airborne droplets of infected people through coughing or sneezing. Increase in the incidence of rubella infection and increase in the infection which results in congenital defects known as congenital rubella syndrome are the major factors driving the growth of the market is set to further enhance the overall market demand of rubella vaccine during the forecast period 2020-2025.
Key Takeaways
North America dominates the Rubella Vaccine Market owing to growing initiatives for immunization against diseases. The Rubella Vaccine Market scope for different regions will be provided in the final report.
Rising air pollution and increase in governments focus on rubella vaccination is likely to aid in the market growth of rubella vaccine market
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Rubella Vaccine Market report.
Reactions related to vaccinations and insufficient yield is set to create hurdles for the Rubella Vaccine Market.
Application - Segment Analysis
Hospital Pharmacies dominates the rubella vaccine market owing to growing industrialization which is leading to propel the airborne diseases globally and the symptoms related to airborne diseases include fever, cough, redness in the eyes and running nose coupled with rashes in the body. Increase in the success rate of vaccination schemes depends on government initiatives of each country. Rubella vaccine is also used in drug stores and retail pharmacies. Hospital pharmacies is set to be the fastest growing segment of the rubella vaccine market during the forecast period 2020-2025.
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Drivers – Rubella Vaccine Market
Increase in government focus on rubella vaccination
Increase in the infection which results in congenital defects
Rubella Vaccine Industry Outlook
Rubella Vaccine top 10 companies are Merck & Co. Inc., GlaxoSmithKline Plc, Sanofi Aventis, Pfizer Inc., Blerna Biotech, Serum Institute of India, Astellas Pharma Inc., CSL Limited and Chiron Corporation, among others.
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