The Chickenpox Vaccine Global Market Report 2023, provides comprehensive information on the chickenpox vaccine market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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In accordance with The Business Research Company's authoritative Chickenpox Vaccine Global Market Report for the year 2023, it is anticipated that the global chickenpox vaccine market will undergo substantial expansion. The market is poised to ascend from its 2022 valuation of $3.15 billion to reach an estimated $3.35 billion in 2023, underpinned by a robust and commendable compound annual growth rate (CAGR) of 6.3%.

However, it is imperative to acknowledge that the shadow of the Russia-Ukraine conflict looms large over the prospects of a swift global economic recovery following the COVID-19 pandemic, at least in the immediate future. The ongoing conflict has precipitated economic sanctions impacting multiple nations, an upsurge in commodity prices, and consequential disruptions within global supply chains, ultimately resulting in inflationary pressures encompassing an extensive array of goods and services. These cascading effects resonate across various markets worldwide.

Looking ahead, the chickenpox vaccine market is expected to continue its ascent, with a projected market size of $4.20 billion in 2027, characterized by a steady CAGR of 5.8%. This resilient trajectory underscores the adaptability and enduring relevance of the industry in the midst of the ever-evolving global economic landscape. In light of this, it is paramount for stakeholders to remain vigilant and agile in navigating the intricate economic challenges and opportunities inherent in this dynamic sector.

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Novel drug developments are the key trend gaining popularity in the chickenpox vaccine market. Major companies operating in the market are developing novel drugs with improved efficacy, innovative derivatives, and others to sustain their position in the market. For instance, in November 2022, Sinovac Biotech Ltd., a China-based company focused on research, development, and manufacturing of vaccines, stated that the World Health Organization (WHO) granted it prequalification for its live attenuated chickenpox (varicella) vaccine, which is the world's first varicella vaccine to receive prequalification. The Oka strain is the source of the varicella vaccine, which is produced in the exclusive Human Diploid Cell (SV-1 strain) of SINOVAC. This cell is created by cultivating and harvesting the virus, adding stabilizers, and freeze-drying it. A phase III efficacy trial found that the seroconversion rate of the vaccine-embedded children group, aged 1 to 12 years old, was 97.1%; the vaccine's efficacy against varicella and against breakthrough varicella was 87.1% and 89.2%, respectively. The vaccine offers 100 percent defense against mild and serious conditions.

The chickenpox vaccine market is segmented:

1) Chickenpox Vaccine Market By Vaccine: Monovalent varicella vaccine, Combination varicella vaccine

2) Chickenpox Vaccine Market By Application: Mumps, Measles, Rubella, And Varicella Immunization, Herpes Zoster Immunization, Chickenpox Vaccination

3) Chickenpox Vaccine Market By End-Users: Hospitals, Clinics, Other End-Users

North America was the largest region in the chickenpox vaccine market in 2022.

The table of contents in TBRC’s chickenpox vaccine market report includes:

1. Executive Summary

2. Chickenpox Vaccine Market Characteristics

3. Chickenpox Vaccine Market Trends And Strategies

4. Chickenpox Vaccine Market - Macro Economic Scenario

5. Chickenpox Vaccine Market Size And Growth



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26. Africa Chickenpox Vaccine Market

27. Chickenpox Vaccine Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Chickenpox Vaccine Market

29. Chickenpox Vaccine Market Future Outlook and Potential Analysis

30. Appendix

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