Pediatric Vaccines Market Development History | Top Players GlaxoSmithKline Plc., Merck & Co., Inc., Pfizer Inc., Sanofi S.A., Panacea Biotec, Zydus Cadila

Increasing Government of various economies, healthcare regulatory organizations, and private organizations are focused on reducing rate of pediatric disease, which 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.adoption of pediatric vaccines have significantly led to increase in global vaccination coverage.

According to the World Health Organization (WHO), immunization helps to prevent around 2 to 3 million deaths annually. Moreover, vaccination is the most cost–effective and efficient heath investment, which is accessible to hard-to-reach locations and vulnerable populations. High prevalence of infectious disease, combined with increasing numbers of government initiatives for raising awareness regarding immunization and development of novel adjuvants and therapeutic vaccines are expected to drive growth of pediatric vaccines market during the forecast period.

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Low private sector involvement in low income countries countries such as Nigeria, Cambodia, and several others is hampering growth of the market, as these countries are majorly dependent on government vaccinations.

Detailed Segmentation

Global Pediatric Vaccines Market, By Vaccine Type:
Pneumonococcal Vaccine
DTP Vaccine
Rotavirus Vaccine
MMR Vaccine
Polio Vaccine
Influenza Vaccine
Hepatitis B Vaccine
Meningococcal Vaccine
Hib Vaccine
Varicella Vaccine
Global Pediatric Vaccines Market, By Technology:
Live or Attenuated Vaccine
Inactivated or Killed Vaccine
Toxoid Vaccine
Conjugate Vaccine
Subunit Vaccine
Recombinant Vaccine
Global Pediatric Vaccines Market, By Type:
Monovalent Vaccine
Multivalent Vaccine
Global Pediatric Vaccines Market, By Distribution Channel:
Government
Private

Major players in the market are also focused on developing new vaccines to expand their product portfolio. For instance, in December 2019, NewLink Genetics Corporation received the U.S. FDA approval for ERVEBO or Zaire Ebola virus vaccine V920.

Major players in the market are focused on conducting clinical trials to expand their product portfolio. For instance, in December 2019, Soligenix, Inc. initiated the study to assess the Safety of RiVax, a lyophilized ricin toxin A-chain subunit vaccine with alum-adjuvant.

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Major players operating in the global pediatric vaccine market include GlaxoSmithKline Plc., Merck & Co., Inc., Pfizer Inc., Sanofi S.A., Panacea Biotec, Zydus Cadila, Emergent BioSolutions Inc., Serum Institute of India Pvt. Ltd., Bharat Biotech, and Indian Immunologicals Ltd.

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This release was published on openPR.