A vaccine is a biological preparation that delivers active acquired
immunity against a particular disease. It is administered either
through needle injections, orally, or by aerosol. Vaccination
involves the administration of a killed or weakened organism into the
body that develops immunity in the body against that organism.
Vaccines cause immunization; there are also some diseases that
provide immunization after recovery from the disease.
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According to the Centers for Disease Control and Prevention (CDC),
vaccination programs across the U.S. have been successful in the
eradication of lethal diseases such as polio, smallpox, and
diphtheria, while diseases such as tetanus, rubella, and measles have
been largely controlled. Vaccination administered as a preventive
measure has helped save the lives of millions of individuals in the
U.S.
In the U.S., strict regulations imposed by the federal government,
which mandate immunization against certain diseases is driving the
U.S. vaccines market. Meanwhile, the rising incidence of zoonotic
diseases among animals and the high risk of transmitting its
associated infection to humans is propelling the growth of the animal
vaccines market. Moreover, widespread pet ownership in the country
has significantly contributed to the growth of the animal vaccines
market in the U.S. Factors such as the rising consumption of poultry
and meat products and recent approvals of Prime Pac PRRS+ and Once
PMH IN have also bolstered the growth of the U.S. animal vaccine
market.
On the flip side, the stringent regulatory framework that governs the
approval process of vaccines in the U.S. impedes the growth of this
market to a certain extent. Moreover, the high cost involved in the
research and development of new vaccines will also hamper the growth
of this market during the forecast period.
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The report segments the U.S. vaccine market into human vaccines and
animal vaccine to analyze this market during the forecast period. By
vaccine type, the U.S. human vaccine market is divided into adult and
pediatric vaccines. By antigen, this market is divided into
hepatitis, meningococcal, human papillomavirus (HPV), influenza,
pneumococcal, combination vaccines, and others.
The U.S. market for animal vaccines is segmented into companion
animal and livestock vaccines. The companion animal vaccines segment
is further sub-segmented into canine and feline. In 2013, canine
vaccines held a slightly larger share than feline vaccines due to the
higher average cost of canine vaccines.
Some of the leading players in the U.S. vaccines market are Novartis
International AG, Merck & Co. Inc., Sanofi, GlaxoSmithKline plc,
and Merck & Co.
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