The Measles vaccine Market is expected to register a CAGR of 7% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Measles Vaccine market report is segmented by vaccine type into the following subsegments: Mumps Measles Rubella Vaccine, Live, and Mumps Measles Rubella and Varicella Virus Vaccine. It further presents an analysis based on applications, including Children and Adults. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Measles vaccine Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Measles vaccine Market Segmentation
Type- Mumps Measles Rubella Vaccine
- Live
- Mumps Measles Rubella and Varicella Virus Vaccine
- Children
- Adults
Strategic Insights
Measles vaccine Market Growth Drivers- Increasing Incidence of Measles: Whereas vaccines proven to be effective are still available and offered, new cases of measles continue coming back and back, especially in communities with low rates of vaccination. The continued rise in new cases continues to fuel demand for the vaccine.
- Global Immunization Initiatives: Governments and international agencies will continue to make investments in immunization programs to improve vaccination coverage, particularly among developing countries. This drives the growth of the market for the measles vaccine.
- Growing Vaccine Awareness: Increased awareness among people of the importance of immunization and the risks of measles infection have led to higher demand for the vaccine.
- Technological Advancement: Research and development activities on and on increasing the effectiveness and economic immunity through measles vaccines that promise further growth for the market.
- Increasing Incidence of Measles: Whereas vaccines proven to be effective are still available and offered, new cases of measles continue coming back and back, especially in communities with low rates of vaccination. The continued rise in new cases continues to fuel demand for the vaccine.
- Global Immunization Initiatives: Governments and international agencies will continue to make investments in immunization programs to improve vaccination coverage, particularly among developing countries. This drives the growth of the market for the measles vaccine.
- Growing Vaccine Awareness: Increased awareness among people of the importance of immunization and the risks of measles infection have led to higher demand for the vaccine.
- Technological Advancement: Research and development activities on and on increasing the effectiveness and economic immunity through measles vaccines that promise further growth for the market.
- Advancement in the Vaccine Technology: Further research and developments in the form of more effective and prolonged measles vaccines are being made. This includes researching new vaccine formulations and delivery strategies to enhance boosting the immune response while reducing the number of doses needed.
- Multivalent Vaccines: There is also a significant potential for multivalent vaccines along with measles vaccines. Again, these must include other vaccines like MMR and MMRV. The development of multivalent vaccines would significantly lessen the number of visits to vaccination sites and would maximize coverage.
- Digital Health Integration: The integration of different digital health technologies, including electronic health records and mobile health applications, can help to track vaccines better, increase immunization coverage, and administer booster shots in a timely way.
- Vaccine Hesitancy: There should be an increased public health campaign and educational activity towards programs that could answer vaccine hesitancy and misinformation, ensuring a high vaccination rate and no outbreak of the disease.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Measles vaccine Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Measles vaccine Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
The leading players of the market are: Bavarian Nordic, CSL Limited, Emergent Biosolutions, GlaxoSmithKline plc, Johnson and Johnson, Merck & Co., Inc., Novartis, Pfizer, Sanofi-Pasteur, Serum Institute of India
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
Factors influencing the future of the Measles vaccine market include several trends: State-of-the-art technologies related to vaccines, like increasing effectiveness and duration of immunization, are likely to lead the market. Digital health technologies can help in vaccine tracking, improve immunisation coverage, and better enforce booster doses, among other things. Finally, public health work and educational programs are important to combat vaccine hesitancy and ensure strong levels of vaccination. Another key trend, in terms of the future of the Measles vaccine market, relates to expanding access to vaccines in underserved populations and low-income countries.
Measles vaccine Market is expected to grow at a CAGR of 7% between 2023-2031
The major drivers for the Measles vaccine market are the growing number of measles outbreaks across various regions, which have low vaccination rates, among others. In addition, international immunization efforts, improving knowledge about the importance of vaccine administration, and new technologies in vaccine development, as well as favorable regulations from governments, are driving the growth of the market. These factors work together to provide a conducive climate that allows for the growth of the Measles vaccine market.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Measles Vaccine Market - By Type
1.3.2 Measles Vaccine Market - By Application
1.3.3 Measles Vaccine Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MEASLES VACCINE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MEASLES VACCINE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MEASLES VACCINE MARKET - GLOBAL MARKET ANALYSIS
6.1. MEASLES VACCINE - GLOBAL MARKET OVERVIEW
6.2. MEASLES VACCINE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MEASLES VACCINE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. MUMPS MEASLES RUBELLA VACCINE
7.3.1. Overview
7.3.2. Mumps Measles Rubella Vaccine Market Forecast and Analysis
7.4. LIVE (MMR-II)
7.4.1. Overview
7.4.2. Live (MMR-II) Market Forecast and Analysis
7.5. MUMPS MEASLES RUBELLA AND VARICELLA VIRUS VACCINE (PROQUAD)
7.5.1. Overview
7.5.2. Mumps Measles Rubella and Varicella Virus Vaccine (Proquad) Market Forecast and Analysis
8. MEASLES VACCINE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CHILDREN
8.3.1. Overview
8.3.2. Children Market Forecast and Analysis
8.4. ADULTS
8.4.1. Overview
8.4.2. Adults Market Forecast and Analysis
9. MEASLES VACCINE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Measles Vaccine Market Overview
9.1.2 North America Measles Vaccine Market Forecasts and Analysis
9.1.3 North America Measles Vaccine Market Forecasts and Analysis - By Type
9.1.4 North America Measles Vaccine Market Forecasts and Analysis - By Application
9.1.5 North America Measles Vaccine Market Forecasts and Analysis - By Countries
9.1.5.1 United States Measles Vaccine Market
9.1.5.1.1 United States Measles Vaccine Market by Type
9.1.5.1.2 United States Measles Vaccine Market by Application
9.1.5.2 Canada Measles Vaccine Market
9.1.5.2.1 Canada Measles Vaccine Market by Type
9.1.5.2.2 Canada Measles Vaccine Market by Application
9.1.5.3 Mexico Measles Vaccine Market
9.1.5.3.1 Mexico Measles Vaccine Market by Type
9.1.5.3.2 Mexico Measles Vaccine Market by Application
9.2. EUROPE
9.2.1 Europe Measles Vaccine Market Overview
9.2.2 Europe Measles Vaccine Market Forecasts and Analysis
9.2.3 Europe Measles Vaccine Market Forecasts and Analysis - By Type
9.2.4 Europe Measles Vaccine Market Forecasts and Analysis - By Application
9.2.5 Europe Measles Vaccine Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Measles Vaccine Market
9.2.5.1.1 Germany Measles Vaccine Market by Type
9.2.5.1.2 Germany Measles Vaccine Market by Application
9.2.5.2 France Measles Vaccine Market
9.2.5.2.1 France Measles Vaccine Market by Type
9.2.5.2.2 France Measles Vaccine Market by Application
9.2.5.3 Italy Measles Vaccine Market
9.2.5.3.1 Italy Measles Vaccine Market by Type
9.2.5.3.2 Italy Measles Vaccine Market by Application
9.2.5.4 Spain Measles Vaccine Market
9.2.5.4.1 Spain Measles Vaccine Market by Type
9.2.5.4.2 Spain Measles Vaccine Market by Application
9.2.5.5 United Kingdom Measles Vaccine Market
9.2.5.5.1 United Kingdom Measles Vaccine Market by Type
9.2.5.5.2 United Kingdom Measles Vaccine Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Measles Vaccine Market Overview
9.3.2 Asia-Pacific Measles Vaccine Market Forecasts and Analysis
9.3.3 Asia-Pacific Measles Vaccine Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Measles Vaccine Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Measles Vaccine Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Measles Vaccine Market
9.3.5.1.1 Australia Measles Vaccine Market by Type
9.3.5.1.2 Australia Measles Vaccine Market by Application
9.3.5.2 China Measles Vaccine Market
9.3.5.2.1 China Measles Vaccine Market by Type
9.3.5.2.2 China Measles Vaccine Market by Application
9.3.5.3 India Measles Vaccine Market
9.3.5.3.1 India Measles Vaccine Market by Type
9.3.5.3.2 India Measles Vaccine Market by Application
9.3.5.4 Japan Measles Vaccine Market
9.3.5.4.1 Japan Measles Vaccine Market by Type
9.3.5.4.2 Japan Measles Vaccine Market by Application
9.3.5.5 South Korea Measles Vaccine Market
9.3.5.5.1 South Korea Measles Vaccine Market by Type
9.3.5.5.2 South Korea Measles Vaccine Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Measles Vaccine Market Overview
9.4.2 Middle East and Africa Measles Vaccine Market Forecasts and Analysis
9.4.3 Middle East and Africa Measles Vaccine Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Measles Vaccine Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Measles Vaccine Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Measles Vaccine Market
9.4.5.1.1 South Africa Measles Vaccine Market by Type
9.4.5.1.2 South Africa Measles Vaccine Market by Application
9.4.5.2 Saudi Arabia Measles Vaccine Market
9.4.5.2.1 Saudi Arabia Measles Vaccine Market by Type
9.4.5.2.2 Saudi Arabia Measles Vaccine Market by Application
9.4.5.3 U.A.E Measles Vaccine Market
9.4.5.3.1 U.A.E Measles Vaccine Market by Type
9.4.5.3.2 U.A.E Measles Vaccine Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Measles Vaccine Market Overview
9.5.2 South and Central America Measles Vaccine Market Forecasts and Analysis
9.5.3 South and Central America Measles Vaccine Market Forecasts and Analysis - By Type
9.5.4 South and Central America Measles Vaccine Market Forecasts and Analysis - By Application
9.5.5 South and Central America Measles Vaccine Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Measles Vaccine Market
9.5.5.1.1 Brazil Measles Vaccine Market by Type
9.5.5.1.2 Brazil Measles Vaccine Market by Application
9.5.5.2 Argentina Measles Vaccine Market
9.5.5.2.1 Argentina Measles Vaccine Market by Type
9.5.5.2.2 Argentina Measles Vaccine Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL MEASLES VACCINE MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Rest of the World
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. MEASLES VACCINE MARKET, KEY COMPANY PROFILES
12.1. BAVARIAN NORDIC
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. CSL LIMITED
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. EMERGENT BIOSOLUTIONS
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. GLAXOSMITHKLINE PLC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. JOHNSON AND JOHNSON
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. MERCK AND CO., INC.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. NOVARTIS
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. PFIZER
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SANOFI-PASTEUR
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SERUM INSTITUTE OF INDIA
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Bavarian Nordic
2. CSL Limited
3. Emergent Biosolutions
4. GlaxoSmithKline plc
5. Johnson and Johnson
6. Merck & Co., Inc.
7. Novartis
8. Pfizer
9. Sanofi-Pasteur
10. Serum Institute of India
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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