Vaccine Industry Procurement Intelligence, Best Practices, Engagement Model, Analysis Report, 2020-2027 [Business]
A vaccine is a suspension of weakened, killed, or fragmented microorganisms or toxins or of antibodies or lymphocytes that is administered to stimulate the body's immune response against the specific infectious agent or disease. Intramuscular is the most common mode of administration for vaccines. Majorly vaccines can be categorized into the following types based on their characteristics:
- Live-attenuated vaccines
- Inactivated vaccines
- Subunit, recombinant, conjugate, and polysaccharide vaccines
- Toxoid vaccines
- mRNA vaccines
- Viral vector vaccines
Read report summary or request a free sample copy of the report “Vaccine Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2027”
Demand Outlook
The global vaccine market was valued at USD 42 billion in 2020 and it is expected to grow at a CAGR of 7-8% from 2020 to 2027 due to the high prevalence of infectious diseases, increasing company initiatives to enhance vaccine R&D, growing government investments for vaccine development, and the rising focus on immunization. According to WHO immunization awareness and government initiatives have helped prevent 2-3 million deaths annually before Covid-19. The recombinant/conjugate vaccine segment is the largest market share of ~55% followed by inactivated and live attenuated vaccines. North America generated more than 35% of revenue of the global vaccine market owing to strong awareness, secure government policies regarding health welfare.
Cost Drivers
Vaccine manufacturing costs can be divided into two segments. Fixed costs and variable costs. Fixed costs include product development, facilities, and equipment costs. Variable costs include consumables, direct labor, licensing/regularization, commercialization, and overhead costs. Vaccine production costs have a significant fixed cost component, reaching up to 90% of total costs. Production costs per unit can be reduced significantly through gains in productivity and economies of scale. Because of the high fixed cost element, the cost of production per dose decreases with increasing batch size. For bulk production, equipment cost is the major cost component with more than 40% share in the overall cost of production. Whereas for lab-scale production the product development and raw material costs plays important role in determining the overall cost of production.
Browse our other Reports:
- Aircraft Tires Industry Procurement Intelligence: The global aircraft tires market was valued at USD 1.6 billion in 2020 and it is expected to grow at a CAGR of 4-5% from 2020 to 2027.
- Employee Assistance Program Market Procurement Intelligence: The North American market for employee assistance programs was valued at USD 3.5 billion in 2020 and is expected to grow at a modest CAGR of 1.8% till 2025.
- Conveyor Belts Market Procurement Intelligence: The global market for conveyor belts was valued at USD 4.5 billion in 2020 and is expected to grow at a steady CAGR of 3.36% to reach USD 5.3 billion by 2025.
Key Players:
- GlaxoSmithKline plc
- Pfizer
- Sanofi Pasteur
- Merck & Co.
- CSL Limited
- Emergent BioSolutions, Inc.
- Johnson & Johnson
- AstraZeneca
- Serum Institute of India Pvt. Ltd.
- Bavarian Nordic
- Mitsubishi Tanabe Pharma Corporation
- Daiichi Sankyo Company
- PanaceaBiotec
- Bharat Biotech
- Sinovac Biotech Ltd
The global vaccine industry features a moderately consolidated landscape with the leading players contributing around 55% of the market share. Industry leaders are strengthening their presence through multiple mergers and acquisitions.
Check out the featured Add-on Services offered with Vaccine Market Procurement Intelligence Report.
Translation Services Industry Procurement Intelligence Report with COVID-19 Impact Analysis 2020-2027 [Business]
The procurement need for translation services is on the rise with companies and governments regularly communicating with existing and potential customers, business partners, even employees working in other countries. Translation services can be segmented into the following categories based on applications:
- Technical translation: Technical and user manuals, maintenance manuals, contracts and patents, installation guides, product datasheets, and catalogs, etc.
- Medical translation: Safety documentation, medical consent forms, instructions for use (IFUs), clinical documentation, contracts and patents, packaging and product labeling, etc.
- Software localization: Software user interfaces, error messages, system messages, help files
- Website translation: Website copy, downloadable documents, video subtitles, currencies, address formats, and embedded graphics
- Commercial translation: Business correspondence, company accounts, reports, memos, tenders and quotations, brochures, newsletters, magazines, etc.
- Administrative translation: Management documents, training materials, employee manuals
- Financial translation: Company annual reports, financial statements, financing packages, tax reports, cash flow, and income statements, disclosures, etc.
Translation services also have two segments based on service type; machine translation and human translation. Machine translation is majorly used for conferences and real-time scenarios. Whereas, human translation services are more common in document translation activities.
Read report summary or request a free sample copy of the report “Translation Services Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2027”
Demand Outlook
The global translation services market was estimated at ~USD 50 billion in 2020 and it is expected to grow at a CAGR of 4% from 2020 to 2027 due to growing engagements of local markets into businesses. The demand for the translation of documents to languages such as English, Italian, German, French, Spanish, and Portuguese is very high. North America and Europe are expected to witness significant growth as the population in the region continues to shift and becomes more diverse, the need for effective translation services is expected to increase in all the industries across the region, and qualified translators and interpreters are crucial in serving the needs of this increasingly diverse population.
Cost Drivers
The cost of translations services has two aspects; software development, installation and ownership cost; and translation rate. The software development and installation are regarded as the fixed cost of service, whereas the software maintenance and translation rates are variable components of translation services. The translation rates are determined by many factors such as number of words and pages, subject matter, time, language combination, etc.
Browse our other Reports:
- Aircraft Tires Industry Procurement Intelligence: The global aircraft tires market was valued at USD 1.6 billion in 2020 and it is expected to grow at a CAGR of 4-5% from 2020 to 2027.
- Employee Assistance Program Market Procurement Intelligence: The North American market for employee assistance programs was valued at USD 3.5 billion in 2020 and is expected to grow at a modest CAGR of 1.8% till 2025.
- Conveyor Belts Market Procurement Intelligence: The global market for conveyor belts was valued at USD 4.5 billion in 2020 and is expected to grow at a steady CAGR of 3.36% to reach USD 5.3 billion by 2025.
Key Players:
- TransPerfect
- Lionbridge
- LanguageLine
- SDL
- RWS
- WELOCALIZE
- Yamagata Corporation
- Semantix
- Logos Group
- Lingotek
The global translation services industry features a highly fragmented landscape as the top 10 players hold less than 10% of the overall market share. Many suppliers are strengthening their geographic service capability through mergers and acquisitions.
Check out the featured Add-on Services offered with Translation Services Market Procurement Intelligence Report.
Yacht Charter Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking | Analysis Report, 2020-2027 [Business]
Yacht chartering is renting or chartering a motor yacht and traveling to various destinations for a vacation activity or a business event. Yachts can be categorized into the following types:
- Mega yachts: It is above 50 meters in length and designed for exceptionally big groups and larger families. Mega yachts are attended by professional crews of several full-time members.
- Superyachts: A superyacht is above 30 meters in length. They are usually equipped with an array of amenities such as audio-visual entertainment and water sports equipment.
- Luxury yachts: Luxury yachts are ~24 meters in length and are suitable for small families and groups. They are habitually crewed by permanent or seasonal crews from two to four members.
- Sports cruisers: These are boats less than 18 meters in length. These models are suitable one to two persons for relatively short day cruising.
Read report summary or request a free sample copy of the report “Yacht Charter Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing &Cost Structure Intelligence, Best Practices, Engagement Model, Low &Best Cost Country, Day One Analysis Report, 2020 – 2027”
Demand Outlook
The global yacht charter market valued at ~USD 15 billion in 2020 and it is expected to grow at a CAGR of 5% from 2020 to 2027 due to growing preference among travelers for luxury marine tourism and personalized services. Europe is the largest regional market with more than 40% share and is expected to continue leading during the forecast period as countries, such as Greece, Croatia, and Turkey are among the most popular tourist destinations. 24-69 meter yacht segment has the highest market share owing to factors such as availability of variants, which also includes a vessel having wind sailing capabilities that help save fuel and ensure traveling in favorable wind direction. Moreover, its low maintenance cost, shallow draft for water anchorages capability, and lower moorage cost makes it the most preferred choice for customers.
Cost Drivers
The major cost components of yacht charter services include the cost of crew members, food and drinks costs, fuel costs, dockage, communication costs, etc. These components together accounted for more than 80% of the overall cost of service. Other cost drivers include VAT and insurance costs.
Browse our other Reports:
- Aircraft Tires Industry Procurement Intelligence: The global aircraft tires market was valued at USD 1.6 billion in 2020 and it is expected to grow at a CAGR of 4-5% from 2020 to 2027.
- Employee Assistance Program Market Procurement Intelligence: The North American market for employee assistance programs was valued at USD 3.5 billion in 2020 and is expected to grow at a modest CAGR of 1.8% till 2025.
- Conveyor Belts Market Procurement Intelligence: The global market for conveyor belts was valued at USD 4.5 billion in 2020 and is expected to grow at a steady CAGR of 3.36% to reach USD 5.3 billion by 2025.
Key Players:
- Beneteau S.A
- Sunseeker International Ltd.
- The Moorings Limited
- Camper &Nicholsons International Ltd.
- Sunsail Worldwide Sailing Ltd.
- Argo Nautical Limited
- Kiriacoulis Mediterranean Cruises Shipping S.A.
- Boat International Media Ltd.
- Yachtico Inc.
- Fraser Yachts Florida Inc.
The global yacht charter market features a moderately fragmented landscape as the industry leaders contribute less than 30% of the overall market share. Leading suppliers are strengthening their presence through multiple mergers and acquisitions.
Check out the featured Add-on Services offered with Yacht Charter Market Procurement Intelligence Report.
