Pneumonia Vaccine Market by Vaccine Type, by Product Type and By Sector, by Distribution Channel: Opportunity Analysis and Industry Forecast, 2023-2033
The global Pneumonia Vaccine market was valued at USD 10.23 billion in 2022 and expected to grow at a CAGR of 6.7% during the forecast period.
Pneumococcal conjugate vaccine
(PCV): This vaccine is
recommended for infants and young children, as well as for adults with certain
medical conditions. It protects against 13 strains of pneumococcal bacteria.
Pneumococcal polysaccharide
vaccine (PPV): This vaccine is
recommended for adults over 65 years of age, as well as for individuals with
certain medical conditions. It protects against 23 strains of pneumococcal
bacteria.
Both vaccines are generally safe and effective, although some people may
experience mild side effects such as redness or swelling at the injection site,
fever, or muscle aches. It's important to note that while the pneumonia
vaccines can reduce the risk of pneumococcal disease, they do not protect
against all strains of the bacteria that can cause pneumonia. Therefore, it's
important to practice good hygiene, such as washing your hands regularly and avoiding
close contact with sick people, to help reduce your risk of developing
pneumococcal disease.
The global
pneumonia vaccine market is a rapidly growing industry that is expected to
continue to expand in the coming years. This growth is being driven by several
factors, including an aging population, rising prevalence of pneumococcal
disease, increasing awareness of the importance of vaccination, and government
initiatives aimed at improving vaccination rates.
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