A vaccine is a biological practice that is used to deliver functionally developed immunity to a particular disease. There are four types of vaccines commonly used. These are subunit vaccines, inactivated vaccines, toxoid vaccines, and live-attenuated vaccines. Inactivated vaccines are developed by deactivating a bacteria or virus using heat or chemicals like formaldehyde. Pathogens are developed in steady, neutral conditions and are destroyed to decrease their infectivity. Live-attenuated vaccines are more influential than inactivated vaccines. Immunological adjuvants and numerous booster shots are mandated to deliver an influential immune reaction to diseases. In the childhood immunization schedule guided by the US government, inactivated polio vaccine and seasonal influenza vaccine are mandatory. For the newly invented innovative vaccines, the more inconsequential immunogenicity of seasoned vaccines is responsible. Medical researchers, along with big pharmaceutical companies, are investing in research and development for secure and effective vaccines. This encourages the growth of the global inactivated vaccine market.
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The introduction of inactivated vaccines after the consummation of clinical analysis was anticipated to increase the development of the global inactivated vaccine market over the prediction period. In the initial phase 3 test in 2017, Merck’s investigational inactivated varicella-zoster virus vaccine demonstrated a drop in the occurrence of herpes zoster patients by a calculated 64% in immune-compromised subjects in the initial phase 3 test. Medical investigations furthermore indicated that V212 reduces the incidence of herpes zoster discomfort by approximately 69.5%. Moreover, V212 indicated an 83.7% drop in the incidence of post-herpetic neuralgia. The rising popularity of different bacterial and viral conditions worldwide has increased the global inactivated vaccine market. These conditions are sufficient to boost market development. Annual influenza epidemics were estimated to result in 3 to 5 million patients with severe illness and 290,000 to 650,000 casualties in 2018, according to a report published by the World Health Organization (WHO).This report also showed that approximately 21 million patients and 222,000 typhoid-related casualties happen every year across the globe.
The market in North America has been on top of the global inactivated vaccine market. This position has been maintained due to the U.S. market. Furthermore, the encouragement provided by the government helps to raise the global inactivated vaccine market in the healthcare sector in the regional market. In 2016, the US Department of Health and Human Services redirected nearly $81 million in funding from various projects. These funds are utilized to work on the development of a vaccine against the Zika virus. The Asia Pacific market is a developing market. The European market is right behind the Asia Pacific market. All of this is possible owing to the development in research of new innovative products in the healthcare industry. Bharat Biotech released the JENVAC vaccine in 2013. This vaccine delivers long-term security and immunogenicity against Japanese encephalitis. The main advantage of these new completely indigenous inactivated vaccines is that they can be utilized and directed in times of epidemics. Since these are inactivated vaccines, they are highly pure in nature.
Main companies in the global inactivated vaccine market include Bharat Biotech, Valneva SE, GlaxoSmithKline Plc, Sanofi, Pfizer Inc., Seqirus, Emergent BioSolutions, and Merck & Co. Inc. To maintain their position in the market, the big companies involved in this market have developed marketing methods like partnerships, investments, collaborations, mergers, and the development of new by-products with research institutes and organizations. The US Food and Drug Administration (FDA) authorized GlaxoSmithKline Plc’s Shingrix, in 2017. It is a zoster vaccine recombinant to prevent shingles disease in the adult population over 50 years of age. Shingrix is a non-live, recombinant subunit vaccine delivered in two batches of doses.
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Based on the vaccine type:
- Bacterial Vaccine
- Viral Vaccine
Based on the method of inactivation:
- Heat Inactivation
- pH Concentration
- Radiation Method
- Solvent Detergent Method
Based on route of administration:
Based on geography:
- Asia Pacific
- Latin America
- Middle East
- North America
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Inactivated Vaccine Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Inactivated Vaccine Industry Impact
Chapter 2 Global Inactivated Vaccine Competition by Types, Applications, and Top Regions and Countries
2.1 Global Inactivated Vaccine (Volume and Value) by Type
2.3 Global Inactivated Vaccine (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Inactivated Vaccine Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Inactivated Vaccine Market Analysis
Chapter 6 East Asia Inactivated Vaccine Market Analysis
Chapter 7 Europe Inactivated Vaccine Market Analysis
Chapter 8 South Asia Inactivated Vaccine Market Analysis
Chapter 9 Southeast Asia Inactivated Vaccine Market Analysis
Chapter 10 Middle East Inactivated Vaccine Market Analysis
Chapter 11 Africa Inactivated Vaccine Market Analysis
Chapter 12 Oceania Inactivated Vaccine Market Analysis
Chapter 13 South America Inactivated Vaccine Market Analysis
Chapter 14 Company Profiles and Key Figures in Inactivated Vaccine Business
Chapter 15 Global Inactivated Vaccine Market Forecast (2021-2027)
Chapter 16 Conclusions
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