Global Polio Vaccines Market Report is an estimated detailed analysis of market size, growth trend, share updates, competitive landscape, industry chain structure and describes the industry environment, then analyses market size and forecast of industrial vision sensors by product, region, and application, this Polio Vaccines The market report presents the situation of market competition between suppliers and the company profile, in addition to the analysis of market prices and the resources of the supply chain. Value is covered in this report.
Short Description of Polio Vaccines: Polio Vaccines are vaccines employed to prevent poliocomatosis, the infection that causes encephalopathy or mental retardation. Two types are generally used: an oral poliovirus protected by intramuscular injection and an inactivated polioviruses protected by a single dose of polysaccharide. The World Health Organization recommended all children be vaccinated against poliocomatosis. However, this protection is only effective if the doses are received on time and in the right amounts.
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The list of the best players in the Polio Vaccines market report are: –CSL, GlaxoSmithKline, Johnson & Johnson, MedImmune, Merck, Pfizer, Sanofi Pasteur, Serum Institute
The growing prevalence of polio is a prime factor propelling the growth of the Polio Vaccine Market. Moreover, increasing key players to introduce the novel vaccine for preventing polio is also expected to foster the growth of the market. For instance, in January 2018, Sanofi Pasteur, the vaccines division of Sanofi, has launched ShanIPV, an injectable inactivated polio vaccine (IPV) manufactured by its arm Shantha Biotechnics Pvt Ltd. ShanIPV is a ‘made in India’ vaccine, manufactured in Hyderabad through technology transfer from Sanofi Pasteur. Similarly, in July 2021, SINOVAC Biotech Ltd. announced it received drug registration approval from the National Medical Product Administration of China (“NMPA”) for its Sabin strain-based inactivated polio vaccine (Vero cells) (“sIPV”).
Impact of COVID-19
The coronavirus pandemic impacted various industries including the POLIO VACCINES Market. Stringent government regulations on public gatherings limited the R&D and manufacturing activities. However, the growing demand for POLIO VACCINES is expected to accelerate the industry growth in the near future.
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Asia Pacific is expected to witness significant growth over the forecast period and this is attributed to the increasing government initiatives for free vaccine campaigns. For instance, in August 2021, a free Polio vaccination drive is being carried out at the Delhi airport for people returning from Afghanistan in order to vaccinate people against polio.
Based on the product, this report displays the production, revenue, price, and market share and growth rate of each type, mainly broken down into IPV, OPV, By Application:, Age (0-1), Age Above 1
Key Developments:
- In July 2021, InDevR, Inc., announced commercial availability of its VaxArray® Polio D-antigen quantification kit for rapid and accurate assessment of polio vaccines at all stages of manufacturing, including multivalent drug products.
- In June 2021, Pakistan launched a campaign to vaccinate millions of children against polio, as new coronavirus cases decline in the country
- In March 2019, the Government of India launched the Pulse Polio program 2019 March by administering polio drops to children below five years at the Rashtrapati Bhawan.
- In July 2021, Intravacc, a provider of translational research and development of vaccines granted Sinovac Biotech market authorization for its Sabin-IPV (sIPV) inactivated polio vaccine, developed by Intravacc and out-licensed to Sinovac.
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Key Stakeholders:
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
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