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Pediatric Vaccine Market Growth to register a CAGR of 14 4% to reach US$ 98,859 3 Million By 2027 |
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Search jobs 11-Dec-2020 Pediatric Vaccine Market Size to grow at a CAGR of 14.4% by 2027 | Coherent Market Insights
The Centers for Disease Control and Prevention (CDC) recommends pneumococcal conjugate vaccine for all children younger than 2 years old. Other vaccines for infants include, Hepatitis B vaccine, flu vaccine, and human papillomavirus vaccine.
The global pediatric vaccine market is estimated to account for US$ 37,567 Mn in terms of value in 2019 and is expected to reach
US$ 98,859 Mn by the end of 2027.
Global Pediatric Vaccine Market:
Drivers
Increasing funding related to vaccines is expected to boost growth of the global pediatric vaccines market over the forecast period. For instance, in January 2020, Codagenix, a company focused on R&D of vaccines and viral therapies raised US$ 20 million in a new round of financing led by Adjuvant Capital.