Inactivated Polio and Rabies Vaccines Market

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2. INACTIVATED POLIO AND RABIES VACCINES MARKET ANALYSIS Inactivated Polio and Rabies Vaccines Market, by Vaccine (Inactivated Polio Vaccine and Inactivated Rabies Vaccine), by Method of Inactivation (Solvent Detergent Method, Radiation Method, pH Concentration, Heat Inactivation, and Others), by Age Group (Pediatrics and Adults), by Distribution Channel (Government, and Private), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

3. The global inactivated polio and rabies vaccines market is estimated to be valued at US$ 966.6 Mn in 2019 and is expected to increase to US$ 1,418.2 Mn by 2027, exhibiting a CAGR of 4.9% over the forecast period (2019-2027) • Increasing U.S. Food and Drug Administration (U.S. FDA) approvals for inactivated vaccines and their launches (IPV and IRV) for public use are expected to drive the global inactivated polio and rabies vaccines market growth over the forecast period.

4. Figure 1. Global Inactivated Polio and Rabies Vaccines Market Share (%), By Product Type (2019 & 2027)

5. Increasing incidences of rabies in the population is expected to spur the global inactivated polio and rabies vaccines market growth over the forecast period. • Increasing awareness about polio among the population is expected to drive the global inactivated polio and rabies vaccines market growth over the forecast period.

6. Global Inactivated Vaccines Market - Regional Analysis • Regional segmentation of the global inactivated polio and rabies vaccines market comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

7. Figure 2:  Global Inactivated Polio and Rabies Vaccines Market Share (%) Analysis, By Regions (2019-2027)

8. Global Inactivated Polio and Rabies Vaccines Market - Restraints • The most important factor that can restrain the global inactivated vaccines market growth include safety of the vaccines. For instance, the inactivation process of the viruses may remain incomplete and the active virus may spread among the population causing the disease. Moreover, unavailability of the vaccines is another factor that is expected to hamper growth of the global inactivated vaccines market. For instance, in India, the polio drive, which was scheduled on 3rd February 2019, was postponed till 10th March 2019, due to unavailability of the polio vaccine.

9. Key Players • Some of the key players operating in the global inactivated vaccines market include Bharat Biotech., BIO-MED, Serum Institute of India Pvt. Ltd., Kedrion Biopharma Inc. GlaxoSmithKline plc. Bilthoven Biologicals, Merck & Co., Inc., and Pfizer Inc.

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