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Polio Vaccines Market is Growing Rapidly with Sanofi Pasteur India launching four-in-one vaccine for preschoolers to protect against polio, tetanus, pertussis, and diphtheria

08-02-2021 03:20 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Polio Vaccines Market

Polio Vaccines Market

Polio vaccines have greatly reduced the cases of poliomyelitis in children. Since it was discovered that polioviruses could live in the mucous membranes of the lungs, the US Public Health Service (PHS) started introducing a vaccine into the population, designed to protect against this disease. Since then, there have been extensive researches aimed at producing better vaccines, which can now reach children in their early childhood. Polio vaccines are mainly vaccines used to prevent paralytic poliomyelitis, a disease caused by infection with bacteria called spherocyte bacteria. Two categories are available namely an intramuscularly vaccinated poliovirus (IVM) and an orally ingested poliovirus (OPV).

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Increasing proactive government initiatives for polio vaccination to curb the spread of polio is expected to drive growth of the global polio vaccines market. The government of many countries and international organizations such as the World Health Organization (WHO) or the United Nations (UN) are launching polio vaccination programs to provide vaccines in remote places of emerging economies. For instance, in January 2021, the President of India launched a countrywide vaccination program for polio called ‘Pulse Polio 2021’. Under this vaccination program, around 170,000,000 million children aged 5 years and below will be given polio drops. Furthermore, in October 2020, the WHO announced to grant emergency approval for the polio vaccine by the end of the year for a type of polio that is spreading in the Southern Hemisphere. Such initiatives are expected to propel the global polio vaccines market. Furthermore, rigorous monitoring and data-driven planning of vaccination are expected to propel the global polio vaccines market growth in the near future.

Poor sanitation and low routine immunization rates in emerging economies are expected to hinder the global polio vaccines market growth in the near future. Among regions, North America is expected to witness significant growth in the global polio vaccines market. This is owing to proactive initiatives taken of immunization programs by government authorities against polio disease in the region. Asia Pacific is expected to register a robust growth rate, owing to high rates of childbirth and population density in the region.
For instance, in September 2020, Sanofi Pasteur India, a subsidiary of Sanofi Pasteur, launched the four-in-one (DTaP-IPV) vaccine Tetraxim in India. The vaccine is to protect preschoolers against tetanus, polio, pertussis, and diphtheria.

Major Players: Pfizer, GlaxoSmithKline, Sanofi, Astellas Pharma, Serum Institute of India Pvt. Ltd., Haffkine Bio-Pharmaceutical Corporation Ltd., Panacea Biotec Ltd.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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