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Global Pediatric Vaccine Market Industry Growth, Development, Revenue, Future Analysis, Business Prospects and Forecast to 2026

Global pediatric vaccine market is registering a healthy CAGR of 10.1% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in the market can be attributed to increasing awareness and advancements in the vaccines and funding in R&D.

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Few of the major market competitors currently working in the global pediatric vaccine market are

Zydus Cadila,

VF Corporation.,

Sinovac Biotech Ltd.,

Serum Institute of India Pvt. Ltd.,

Sanofi,

Pfizer Inc.,

Panacea Biotec Ltd.,

Mitsubishi Tanabe Pharma Corporation.,

Merck Sharp & Dohme Corp.,

Segmentation: Global Pediatric Vaccine Market

By Vaccine Type

(Monovalent, Multivalent),

Technology

(Live Attenuated, Inactivated, Subunit, Toxoid, Conjugate, Other Technologies),

Application

(Infectious Disease, Cancer, Allergy, Other),

Geography

(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

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Potential of the report

  1. To describe and forecast the Pediatric Vaccine market, in terms of value, by process, product type, and industry.
  2. To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
  3. The key findings and recommendations highlight crucial progressive industry trends in the Pediatric Vaccine Market, thereby allowing players to develop effective long term strategies
  4. To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Pediatric Vaccine market
  5. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
  6. Profiles of key players and brands

Market Drivers

  • Significance and awareness of security against the burden of chronic diseases is propelling the growth of the market
  • Technological advances in vaccines is boosting the growth of the market
  • Boost in government and non-government R&D funding is contributing to the growth of the market
  • High prevalence of chronic diseases is driving the growth of the market

Market Restraints

  • Cost of immunization is very high is hampering the growth of the market
  • Limited healthcare and high reliability is hindering the growth of the market
  • The difficulties connected with the growth, transport and management of vaccines is hampering the growth of the market

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Key Developments in the Market:

  •  In July 2019, X-Vax Technology announced that it has invested $56 million in Series A finance with the involvement of corporate and institutional investors, including Johnson & Johnson Innovation, Adjuvant Capital (a trust equity company backed by the Bill & Melinda Gates Foundation as an affiliate dealer), Serum Institute of India, Alexandria Venture Investments and FF DSF VI (an equity scout from the Founders Fund). Revenue from the funding will be used to promote the X-VAX guide program, the herpes vaccine applicant, known as delta gD-for further growth and manufacturing, including a stage 1 clinical study.
  • In May 2019, AveXis, a company of Novartis, has announced innovative access programs for Zolgensma for the therapy of pediatric clients less than 2 years of age with bi-allelic SMA mutations in the preservation of the motor nerve cell one (SMN1) chromosome. AveXis works tightly with payers to provide pay-over-time decisions for up to 5 years and results-based contracts for up to 5 years, as well as to provide a hospital program to promote affordability and access.

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