The global poliomyelitis vaccine in dragee candy market is anticipated to grow at a CAGR of nearly 3.8% during the forecast period (2022-2028). Poliomyelitis is a disease caused by the poliovirus and transmitted through water, food, or contact with an infected person. The major factor expected to drive the market growth is the rising government funding in developing countries for polio eradication and raising awareness about the polio vaccine among the people. Furthermore, increasing investment in R&D along with the advancement of technologies in the poliomyelitis vaccine will further drive the growth of the market during the forecast period. For instance, Bharat Biotech exploring combination vaccines that include the Sabin Inactivated Polio Vaccine (sIPV) for eradication of poliovirus.
In addition, the rising number of increase in the number of mergers and acquisitions of major companies in the poliovirus vaccine market. In November 2021, the World Health Organization (WHO) and the United Nations children’s agency launched polio vaccination campaign in Afghanistan. These kinds of initiatives are primarily contributing to the adoption of these preventive vaccines. Some major players in the market include Sanofi S.A., and United Pharma Industries Co., Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Sanofi S.A., and United Pharma Industries Co., Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Poliomyelitis Vaccine in Dragee Candy Market Report by Segment
By Type
- Oral Poliovirus Vaccine (OPV)
- Inactivated Polio Vaccine (IPV)
By Application
- Hospital
- Clinics
- Others
Global Poliomyelitis Vaccine in Dragee Candy Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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