Research Methodology – Shingles Vaccine Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Shingles Vaccine Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Shingles Vaccine Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share:
- Number of people over the age category of 50 prone to shingles
- Global prevalence and incidence of shingles
- Number of health practitioners providing shingles vaccine
- Number of vaccines produced and sold per year
- Government policy and healthcare insurance coverage for the vaccine
- Global population growth rate particularly the elder age group
- Cost of the shingles vaccine
- Competitive landscape, including new entrants, mergers & acquisitions
Key Market Indicators:
- Country-wise incidence and prevalence of shingles
- Demographics (predominantly age and health conditions)
- Government spending on healthcare services and immunization programs
- Technological advancements in vaccine manufacturing
- Progress and investment in shingles research and vaccine development
- Number of healthcare providers offering vaccinations
- Market penetration of shingles vaccines
Growth Trends:
- Increasing awareness about the importance of vaccination
- Rising incidences of shingles globally due to an aging population
- Increasing government initiatives to promote vaccination
- Growing healthcare expenditure in developing and developed countries
- Advancements in vaccine technology and improved vaccine efficacy
- High acceptance rate of new vaccines due to increased awareness
- Increasing investment in research and development for vaccination
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Shingles Vaccine Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Shingles Vaccine Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights