Vaccine Management Solution Market Size, Share and Industry Analysis By Type (Platform Solutions and One Point Solutions), By Application (Inventory Management, Outcome Monitoring, Organizational Support, Supply Chain Management, Patient Registration and Scheduling, Administration and Record Management, and Others), By End-user (Hospitals & Clinics, Corporate Organizations, Government Facilities, and Others), and Regional Forecast,2024-2032

Vaccine management solutions are digital platforms that are designed to streamline the process of vaccine management and administration. Vaccine management solutions help healthcare providers in inventory management by tracking and managing vaccine inventory levels, including the number of doses available, expiration dates, and storage conditions. State and local governments also use these solutions to execute the vaccination program safely and rapidly. Various corporate organizations make use of this solution to keep track of their employees' vaccination status. The increasing launch of vaccine management solutions by key market players due to rising demand for vaccination to prevent the spread of various diseases, such as polio, hepatitis, COVID-19, and others, is the factor responsible for the growth of the market.

• For instance, in February 2021, Ernst & Young LLP launched the EY Vaccine Management Solution to help manage the secure, safe and equitable distribution process of COVID-19 vaccines. The solution helps in patient-provider engagement, supply chain visibility and allocation analytics in vaccine distribution.

Moreover, the increasing demand for vaccine management solutions and the growing launch of various vaccines and vaccination campaigns for the treatment of various diseases, such as polio, COVID-19, and others, have also been fueling the market growth.

The global vaccine management solutions market experienced an increase in its growth during the COVID-19 outbreak in 2020. The sudden outbreak of COVID-19 increased the demand for effective treatments. This led to an increase in the development and commercialization of COVID-19 vaccines. The rising awareness about vaccine management solution services and increasing demand for effectively managing vaccine distribution fueled the market growth.

• For instance, in October 2020, Accenture, a provider of information technology (IT) services, launched a comprehensive vaccine management solution to help government and healthcare organizations rapidly and effectively plan and develop COVID-19 vaccination programs and related distribution and communication initiatives.

In 2021 and 2022, the market grew at a significant growth rate as vaccine management solutions were used extensively to manage the supply of vaccines to different locations, support immunization procedures, keep track of vaccination status, and others.

Key Insights

The report covers the following key insights:

• Prevalence of Key Diseases such as Polio, Hepatitis, and Others - by Key Countries/Sub-region, 2022/2023


• Overview of Advantages of Vaccine Management Solutions


• Technological Advancements in Vaccine Management Solution


• Vaccine Production Volume - by Key Countries/Sub-region, 2022/2023


• Key Industry Developments (Mergers, Acquisitions, Partnerships, and Others)


• Impact of COVID-19 on the Vaccine Management Solution Market

Segmentation

Analysis by Type

On the basis of type, the platform solutions segment accounted for a significant market share in 2023. The growth of the segment is attributed to the increasing collaborations by key players in the market to support the distribution of COVID-19 vaccines.

• For instance, in November 2020, Infosys Limited and Salesforce, a software developing company, collaborated for the development of a vaccine management cloud solution built on the Salesforce platform to support the federal government in the distribution of coronavirus vaccines.

Moreover, the one point solutions segment is expected to grow at a substantial CAGR during the forecast period. The segment growth is attributed to the increasing launch of vaccines due to the rising burden of various diseases such as tuberculosis, measles, hepatitis, and others.

• For instance, in March 2022, VBI Vaccines Inc., a biopharmaceutical company, announced the launch of PreHevbrio, a hepatitis B recombinant vaccine in the U.S.

Regional Analysis

North America is projected to account for a significant share of the global vaccine management solutions market in 2023. The regional growth is attributed to the increasing need for vaccination campaigns to control the spread of various diseases such as hepatitis, tuberculosis, human papillomavirus (HPV), and others.

• For instance, in March 2023, as per a study published by the National Center for Biotechnology Information (NCBI), 8,300 tuberculosis cases were reported in the U.S. in the year 2022.

Furthermore, an increase in the launch of vaccine management solutions to support the vaccination process and supply chain management is expected to drive market growth.

Moreover, the Europe market is expected to grow at a significant CAGR during the forecast period. The regional growth is attributed to the focus of market players on collaborations and agreements to launch vaccine management solutions and the rising burden of diseases such as hepatitis, tuberculosis, polio, and others.

Key Players Covered

The report includes the profiles of key players such as VaxCare Corp, CureMD Healthcare, Intelex Technologies, Accenture, Infosys Public Services, Inc., Virtusa Corp., Immunifyme, MyMedBot, Hyperlink InfoSystem, Dx Sherpa Technologies Pvt. Ltd., Ezovion, Atos SE, Scantek, Techila Global Services, and TruMed Systems.

Key Industry Developments

• In October 2021, Cority, a software provider company, announced the immediate availability of its new Vaccination Management solution. The solution has been designed to help organizations streamline and simplify workplace vaccination status management, enabling the collection, validation, and reporting of employee vaccination status and COVID-19 test results from a single, secure location.


• In January 2021, Workday, Inc., a provider of enterprise cloud applications, launched a vaccine management solution that provides organizations with the insights needed to help ensure the health and safety of remote and on-site workers.