1. Market Research
  2. > Pharmaceutical
  3. > Therapy Market Trends
Global COVID-19 Vaccines Industry

Global COVID-19 Vaccines Industry

  • August 2021
  • 382 pages
  • ID: 6097782
  • Format: PDF
  • Global Industry Analysts

Summary

Table of Contents

MARKET IMPACT SURVEY - COVID-19 & LOOMING RECESSION

Timely market intelligence is paramount in these uncertain times!

We launched an impact survey to update this project with timely insights during 2020. Update frequency will depend upon evolving market conditions and executive opinions. Our participants are executives driving strategy, marketing, sales and product management at competitive companies worldwide. All updates during the rest of the year are complimentary to clients!

Abstract:

According to the new updated study on COVID-19 Vaccines by Global Industry Analysts (GIA), approximately 53% of world population will be fully vaccinated by the end of the year 2021. This figure is expected to increase to 81% by the year 2022. The rapid vaccination programmes launched around the world has led to millions of people being fully vaccinated, particularly in developed nations. With the rise in vaccination rates, measures designed to limit the spread of Covid-19 like mask mandates and capacity limits have been relaxed. The subsequent relaxation strengthened consumer confidence and allowed economic activity to return to normalcy. However, with the Covid-19 virus rapidly mutating, new variants have emerged in many parts of the world, posing a threat of potential future waves. These new variants are more deadly than the original virus, more easily transmissible and can impact the effectiveness of vaccines. Viruses naturally change over time through the process of mutation. Among the thousands of variants currently circulating around the world, Delta (B.1.617.2), Alpha (B.1.1.7), Beta (B.1.351), and Gamma (P.1) have emerged as variants of concern, and the reason behind subsequent spike in infections. These variants were first identified in India, the UK, South Africa, and Brazil respectively. The high number of Covid-19 cases also increases the risk of virus mutations, leading to the emergence of new variants. The spread of the Delta variant has forced some countries to step up their vaccination campaigns and bring back curbs on businesses, activity and travel.

Messenger RNA (mRNA)-based Covid-19 vaccine from Moderna and Pfizer stand out not only as frontrunners but also as being more protective against newer variants. mRNA vaccine although never been licensed for use in humans before, is now being approved in the fight against COVID-19 largely because of the speed at which these vaccines can be produced. mRNA vaccines work by introducing a part of mRNA that reacts to the viral protein. It accelerates production of antibodies and trains the immune system to recognize the virus in the future, thereby offering protection. Beyond Covid-19, mRNA vaccines also hold promise for combatting cancer and infectious diseases, such as malaria and flu. Early animal testing has shown that mRNA vaccines demonstrates efficacy against viruses such as influenza, Zika and rabies. mRNA-based vaccine technology is the most preferred platform for developing a vaccine for COVID-19 in part because it offers some advantages in the pace of development, high potency, and potential for low-cost manufacture.

After a sharp drop in cases throughout the first half of the year, cases began to spike again as the Delta variant took over. This variant now accounts for the vast majority of new infections. To a certain extent, current vaccines have been shown to work against mutants. They provide protection against developing severe disease, hospitalization and death due to the variants. This in turn has prompted vaccine makers to pursue booster shots. The leading vaccine makers, Pfizer-BioNTech, Moderna and AstraZeneca announced plans to pursue development of booster shots to address the emerging threat of new virus variants. The booster shot will be essential to keep the immune system to the optimum level. A number of wealthy countries like the US, Germany and Israel are considering booster shots to increase protection against Covid-19. Germany is expected to roll out booster shots in September to vulnerable individuals such as pensioners and people with weak immune systems. mRNA-vaccines from Pfizer/BioNTech and Moderna will be offered as booster shots, regardless of the vaccine administered previously.

In India, Bharat Biotech, the makers of Covaxin, received regulator`s approval for conducting trials for a third shot that will be administered as a booster dose. While a booster dose is typically an exact replica of the initial vaccine, it can also be tweaked. Moderna, AstraZeneca, Pfizer are working on variant-specific booster shots. Recently, Moderna announced positive initial data from its ongoing phase 2 study. The data revealed that the booster dose increased neutralizing antibody responses against the original virus as well as B.1.351 and P.1, in previously vaccinated individuals. Studies suggest that a third dose can boost also antibodies in the blood of some immunocompromised patients. Despite being fully vaccinated, people with weak immune systems may not have strong defense against new variants. With Covid-19 cases on the rise, millions of cancer patients undergoing treatment, organ transplant recipients and others are still susceptible to severe Covid-19. In response, Israel is administering third doses of the Pfizer vaccine to immunocompromised people, including those who have had heart, lung, kidney or liver transplants and cancer patients receiving chemotherapy.

Despite the fewer cases of Covid-19 in pediatric populations and adolescents, vaccinating young children and teenagers is crucial to significantly slow the spread of Covid-19 and achieve herd immunity. Young children and particularly adolescents can play a significant role in coronavirus transmission. Studies are underway evaluating vaccine safety for younger children in various countries. Vaccination will allow children to return to in-person teaching safely and ease the burden on parents. Pfizer vaccine is currently authorized for ages 12 and older in the US, Australia, Mexico, Brazil, Chile, Philippines, Japan, New Zealand, Dubai, UK, and few EU countries. Moderna is seeking approval for teens as young as 12 in the US, Canada and EU. Another mRNA vaccine maker, Novavax is expected to start clinical trials evaluating the efficacy of its vaccine on children, while China has already approved Sinovac`s vaccine for emergency use in children as young as three. India vaccine makers such as Bharat Biotech, Serum Institute of India and Zydus Cadila have either initiated clinical trials or are in the process of doing so for their Covid-19 vaccine for children. Young teenagers with chronic health problems such as diabetes, severe asthma, obesity and chronic cardiac disease; compromised immune systems, and those who have organ transplants are more likely to be at risk of severe Covid-19 disease. Australia and the UK authorized the use of Pfizer`s Covid-19 vaccine for vulnerable children aged between 12 and 15 years old, as cases of the highly contagious Delta variant rise sharply. So far, data from clinical trials suggest that the Covid-19 vaccines are safe in adolescents. With this in mind, Pfizer and Moderna have moved on to carrying out clinical trials in children as young as 5 years old. The vaccination of vulnerable populations will undoubtedly have a positive impact on the pandemic control and serve as a catalyst to promote rapid economic recovery.

Select Competitors (Total 348 Featured)
  • Moderna, Inc.
  • Pfizer Inc./BioNTech
  • AstraZeneca/University of Oxford
  • Johnson & Johnson
  • CanSino Biologics, Inc.
  • China National Pharmaceutical Group Co., Ltd. (Sinopharm)
  • Sinovac Biotech Ltd.
  • Novavax, Inc.
  • Inovio Pharmaceuticals
  • Sanofi/GlaxoSmithKline
  • Gamaleya Institute

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on