Definition:
This market covers all vaccines with the exception of COVID-19 vaccines. Vaccines against infectious diseases transmitted by viruses (e.g., hepatitis A and B) and bacteria (e.g., typhoid fever or meningococcus) are included.
Additional information:
Market values represent the revenues generated by manufacture prices paid to primary vendors, either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), companies (B2B), and governments (B2G).
Company examples: Pfizer, GlaxoSmithKline, Merck & Co, Sanofi
Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.
Most recent update: Jun 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Mar 2024
The Other Vaccines market in New Zealand has been experiencing steady growth in recent years.
Customer preferences: New Zealand has a well-established and efficient healthcare system, which has contributed to the high demand for vaccines in the country. The government has a strong focus on preventative healthcare, and vaccines are an important part of this strategy. Additionally, there is a high level of awareness among the population about the importance of vaccines, which has contributed to the growth of the Other Vaccines market.
Trends in the market: The Other Vaccines market in New Zealand has been growing steadily due to the increasing demand for vaccines. There has been a growing trend towards the use of combination vaccines, which offer protection against multiple diseases in a single injection. This has been driven by the convenience and cost-effectiveness of combination vaccines, as well as the increased focus on reducing the number of injections required for vaccination.
Local special circumstances: New Zealand has a relatively small population, which has led to some challenges in the distribution of vaccines. However, the government has implemented a number of initiatives to address these issues, including the development of a national immunisation schedule and the establishment of a nationwide vaccine registry. These initiatives have helped to ensure that vaccines are widely available and accessible to the population.
Underlying macroeconomic factors: New Zealand has a stable and growing economy, which has contributed to the growth of the Other Vaccines market. The government has also invested heavily in healthcare infrastructure, which has helped to support the growth of the market. Additionally, the country has a strong regulatory framework for vaccines, which has helped to ensure the safety and efficacy of vaccines in the market. Overall, the Other Vaccines market in New Zealand is expected to continue growing in the coming years, driven by the increasing demand for vaccines and the government's focus on preventative healthcare.
Most recent update: Jun 2024
Source: Statista Market Insights
Data coverage:
Data encompasses B2B, B2G, and B2C spend. Figures are based on drug revenues allocated to the country where the money is spent. Monetary values are given at manufacturer price level excluding VAT.Modeling approach / Market size:
Market sizes are determined by a top-down approach, based on a specific rationale for each market. As a basis for evaluating markets, we use financial information of the key players by market. Next, we use relevant key market indicators and data from country-specific associations, such as industry associations. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. The main driver is healthcare expenditure. Expiring patents and new drugs in the pipeline are also considered.Additional notes:
Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. This market comprises prescription drugs and all OTC drugs covered in the Statista OTC Pharmaceuticals market. However, in the OTC Pharmaceuticals market, revenues are based on end-consumer prices.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights