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Global Pediatric Vaccines Market Value Analysis (US$ Mn), By Region (2017)

06-25-2018 03:30 PM CET | Health & Medicine

Press release from: Biotechnology

Global Pediatric Vaccines Market Value Analysis (US$ Mn),

ncreasing engagement by various government healthcare regulatory organization and private organizations in minimizing the pediatric disease, is expected to propel demand for pediatric vaccine over the forecast period. For instance, in 2013, World Health Organization (WHO): Europe launched the flu Awareness Campaign initiative to spread awareness regarding flu among the European population. In 2002, the United Nations Children's Fund (UNICEF) initiated the Social Mobilization Network (SMNet) in India, in order to irradiate the polio from India. According to the data published in the Journal of Infectious Diseases in July 2017, Social Mobilization Network resulted in increasing immunization coverage in the high-risk areas of India from 36% in 2009 to 81% in 2016 in Uttar Pradesh and from 54% in 2009 to 88.5% in 2016 Bihar. Moreover, increasing involvement of various healthcare regulatory organizations in minimizing the pediatric infectious disease is expected to augment growth of the pediatric vaccines market in near future.

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Pediatric vaccines contributes in significant reduction of increasing pediatric infectious disease burden. Increasing numbers of vaccine preventable infectious disease are minimized using vaccination programme. However, mortality associated with such infectious disease is reported in some of the countries. Moreover, development of vaccines is expected to minimize the risk of these infectious disease over the forecast period.

For instance, according to the World Health Organization (WHO) May 2018 data findings, measles are constantly present disease in the U.S. since 2000. In December 2014, the U.S. experienced measles outbreak, owing to unvaccinated visitors who can carried the disease in the U.S from other countries or unvaccinated U.S. people returning to U.S. from countries where measles is still common, such as in Europe, Asia Pacific, and Africa. For instance, according to the Centers for Disease Control and Prevention (CDC), in 2014, around 667 measles cases were reported from 27 states in the U.S. to CDC’s National Center for Immunization and Respiratory Diseases (NCIRD). This is the highest number of cases since measles elimination was documented in the U.S. in 2000. According to the same source, in 2017, around 118 people from 15 states of U.S. and the District of Columbia reported measles cases.

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