Pediatric Vaccines Market Overviewand analysis by Type, Technology, Application
and Region Forecast till 2030.
Vaccines administered to children to
prevent them from several infectious and non-infectious diseases are referred
to as pediatric vaccines. They are either heat-killed or inactivated viruses
which lose their pathogenicity. These inactivated antigens stimulate the immune
system so that they can produce antibodies against the infected virus.
The pediatric vaccines market is expected to reach USD 35.52 Billion
by 2030 at 9.90% CAGR during the forecast period 2022-2030.
Potential and Pitfalls
Various pediatric vaccines available in the
market are hepatitis B antibody, flu immunization, meningococcal immunization,
pneumococcal immunization, rotavirus immunization, Hib antibody, polio
antibody, and MMR immunization. With growing economic growth, rising awareness
associated with the benefits of vaccination in prevention of diseases, and
favorable reimbursement, the global market for pediatric vaccine is anticipated
to flourish during the estimated period. The growing collaboration of local
manufacturers with the major market players to deliver high-quality vaccines in
the remote areas are further considered to foster the market growth in the
coming years. Moreover, high prevalence of chronic diseases is one of the key
factors boosting the global market. Infants are more prone to severe diseases,
and therefore vaccination plays an important role in their prevention.
Competitive Dashboard
The major players operating the global pediatric
vaccines market are Zydus Cadila (India), S K Chemicals (South Korea),
AstraZeneca (UK), Bio Med (India), Sanofi Pasteur SA (France), Bharat Biotech
(India), Shenzhen Kangtai Biological Products (China), Sinovac Biotech (China),
Pfizer Inc. (U.S.), Nuron (U.S.), CSL Limited (Australia), Merck & Co. Inc.
(U.S.), Mitsubishi Tanabe Pharma Corporation (Japan), Daiichi Sankyo (Japan),
Protein Sciences Corporation (U.S.), Dynavax Technologies (U.S.), LG Life
Sciences (India), Kaketsuken (U.S.), Emergent BioSolutions Inc. (U.S.), Crucell
(Netherlands), GlaxoSmithKline plc (U.K.), Grifols (Spain), Bharat
Immunologicals and Biologicals (India), Lupin Pharmaceuticals, Inc. (India),
Panacea Biotec (India), Serum Institute of India Pvt. Ltd. (India), Bavarian
Nordic (Denmark), Novartis AG (Switerzland), Astellas Pharma Inc. (Japan),
Johnson & Johnson (U.S.), bioCSL Inc. (U.S.), Takeda Pharmaceutical
(Japan), MedImmune LLC (U.S.), Indian Immunologicals (India), Baxter
International (U.S.), Valeant Pharmaceuticals (U.S.) and others.
Global Pediatric Vaccines Market:
Segmental Analysis
The global pediatric vaccines market has
been segmented on the basis of technology, type, route of administration,
disease indication, and region.
By mode of type, the global pediatric
vaccines market is segmented into multivalent vaccines, monovalent vaccines,
and others.
By mode of technology, the global pediatric
vaccines market is segmented into conjugate vaccines, dendritic cells vaccines,
pediatric mobility devices, recombinant vaccines, inactivated and subunit
vaccines, live attenuated vaccines, synthetic vaccines, toxoid vaccines, and
others. Among these, the conjugate vaccines segment is likely to dominate the
market owing to the increasing prevalence of meningococcal and pneumococcal
infections.
By mode of disease indication, the global
pediatric vaccines market is segmented into hepatitis, meningococcal disease,
MMR (measles, mumps, and rubella), rotavirus, polio, combination vaccines,
varicella, pneumococcal disease, haemophilus influenza type B, influenza, DTP
(diphtheria, tetanus, pertussis), and others.
By mode of route of administration, the
global pediatric vaccines market is segmented into subcutaneous administration,
intramuscular administration, oral administration, and others.
Regional Insights
Geographically, the pediatric
vaccines market research report span across regions namely, Europe,
America, the Middle East and Africa, and the Asia Pacific region.
Among all the regions, America is
considered to hold the largest market share and is likely to maintain its dominance
during the assessment period. The growth is mainly attributed to the increasing
initiatives taken by the U.S. Department of Health and Human Services in order
to minimize the occurrence rate of infectious diseases
Europe is presumed to register a significant
growth rate owing to the superior government spending like the National Health
Service for the deployment of medical and pharmaceutical industries.
Asia Pacific is estimated to expand at a
rapid pace owing to the increasing healthcare sector in the leading regions
such as India and China. The Middle East and African region are also likely to
expand at a steady pace due to extensive research and development activities
coupled with the development in the healthcare infrastructure in this region.
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