Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.86 Billion | USD 11.69 Billion | 11.60% | 2024 |
FrequentlyAsked Questions
Gardasil is a recombinant human papillomavirus (HPV) vaccine developed by Merck & Co. to avert infections triggered by HPV types associated with vulvar, vaginal, cervical, oropharyngeal, and anal cancers, as well as genital warts. It functions by stimulating the immune system to produce antibodies against specific HPV strains, providing protection before exposure to the virus.
The global Gardasil market is projected to grow due to the rising prevalence of HPV-related cancers, government immunization programs and initiatives, and supportive reimbursement and healthcare policies.
According to study, the global Gardasil market size was worth around USD 4.86 billion in 2024 and is predicted to grow to around USD 11.69 billion by 2034.
The CAGR value of the Gardasil market is expected to be around 11.60% during the period 2025-2034.
Expansion into low- and middle-income countries, male vaccination programs, the adoption of single-dose vaccines, increased awareness of preventive healthcare, and public-private partnerships are the significant opportunities driving market growth.
North America is expected to lead the global Gardasil market during the forecast period.
The United States is a significant contributor to the global Gardasil market, owing to its high vaccination coverage, early adoption, and robust public health initiatives.
The key players profiled in the global gardasil market include Merck & Co., Inc., GlaxoSmithKline plc (GSK), Pfizer Inc., Sanofi S.A., Johnson & Johnson Services, Inc., Moderna, Inc., AstraZeneca plc, Serum Institute of India Pvt. Ltd., Bharat Biotech International Limited, Daiichi Sankyo Company, Limited, Takeda Pharmaceutical Company Limited, Novavax, Inc., BioNTech SE, Innovax Biotech Co., Ltd., and Sinovac Biotech Ltd.
Leading players are adopting collaborations, partnerships, awareness campaigns, licensing agreements, and introducing next-generation vaccines to expand their market presence.
The report examines key aspects of the Gardasil market, including a detailed analysis of existing growth factors and restraints, as well as an examination of future growth opportunities and challenges that will impact the market.
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