Industry Background:
Poliomyelitis is highly contiguous disease caused by poliovirus. The virus may be transmitted primarily via the fecal-oral route, by ingesting contaminated food or water and less commonly through oral-oral route. Those who are infected may spread the disease for up to 6 weeks even if no symptoms are present. Poliovirus colonizes the gastrointestinal tract, specifically intestine and oropharynx and after about a week, it invades local lymphoid tissue and enters bloodstream, and then may infect cells of the central nervous system.This growth is primarily driven by Rise in Infectious Diseases, Increasing Government Initiative’s and Support For Polio Vaccine in Various Region and High Focus on Immunization Program Around the Globe.
Globally, a noticeable market trend is evident Cessation of Oral Polio Vaccine
. Major Players, such as Astellas Pharma (Japan), GlaxoSmithKline (United Kingdom), Sanofi (France), Merck & Co (United States), Pfizer (United States), Serum Institute of India (India), EuBiological (South Korea), Bibcol (India), Vabiotech (Vietnam), Beijing Tiantan Biological Products Corp (China), Panacea Biotec Ltd (India), Bio-Med (India) and Halfkin Bio-Pharmaceuticals (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The demand for vaccine market are governments of industrialized and developing countries, pooled procurement agencies, the private sector, and the various regulatory and advisory bodies overseeing vaccine quality and safety. The high income countries constitutes 82% of the global vaccine sales in terms of value. According to WHO, about 80% of global vaccine sales from five large multinational corporation that were the product of various mergers and acquisitions of pharmaceutical companies over the past decades. While maintaining a strong focus on vaccines for industrialized country markets, MNCs also sell their products in developing countries and emerging markets and participate in Global Health Initiatives
Regulatory Insights:
WHO ensures the safety and quality of vaccine and works closely on global standards which are developed and made readily available. WHO provides norms and standard and give advice to procurement agencies and countries on the acceptability, in principle of vaccines. It has also established the Global Advisory committee on vaccine safety which includes national experts and authority to support vaccine safety.
Market Drivers
- Rise in Infectious Diseases
- Increasing Government Initiative’s and Support For Polio Vaccine in Various Region
- High Focus on Immunization Program Around the Globe
Market Trend
- Cessation of Oral Polio Vaccine
- Ensuring Vaccination in Conflict Zones and Countries with Weak Health Systems
Restraints
- High Cost Involved in Polio Vaccine Development
Opportunities
High Growth Prospectus in Various Regions Due to Increasing Infection and Focus on Therapeutic Vaccines
Challenges
Lack of Effective Cold Chain Logistic
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Polio Vaccines Study Sheds Light on
The Polio Vaccines Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Polio Vaccines industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Polio Vaccines industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.