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Pediatric Vaccines Market Segmentation By Type (Monovalent, Multivalent); By product (Pediatric vaccines, CNS Drugs, Pediatric Hormones, Allergy & Respiratory drugs and Anti-Infective Drug); By technology (Dendritic Cells Vaccines, Live Attenuated Vaccines, Synthetic Vaccines, Toxoid vaccines, Inactivated Vaccines, Conjugate Vaccines, Recombinant Vector Vaccines, Subunit Vaccines) – Global Market Analysis & Opportunity Outlook 2027

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Extensive insights into the Growth of Pediatric Vaccines Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Pediatric Vaccines Market Overview

Pediatric Vaccines are generally given to prevent children from diseases transmitted through infections, seasonal variations and even through germ-infested areas. Pediatric vaccines perform important role by declining various infectious diseases such as measles, diphtheria, and poliomyelitis. Increasing adoption of pediatric vaccines has significantly increased the global pediatric vaccines market. Pediatric vaccination is the most cost effective method of disease prevention. High prevalence of infectious diseases coupled with increasing government initiatives for raising awareness regarding vaccination are factors expected to drive the global pediatric vaccine market during the forecast period.

Market Size and forecast

Increasing birth rate worldwide has significantly increased the demand for pediatric vaccines globally. The rising incidence of diseases such as polio, influenza, hepatitis is also expected to fuel the market growth of global pediatric vaccines market in the forthcoming years. The pediatric vaccines market is expected to value at USD 62 Billion by 2027 and registers a CAGR of 11.9%.The global pediatric vaccine market is segmented on the basis of type, product, technology, disease and by end user. On the basis of product type pediatric vaccines is segmented into pediatric vaccines, CNS drugs, pediatric hormones, allergy & respiratory drugs, anti-infective drugs. On the basis of technology pediatric vaccines market is segmented into dendritic cells vaccines, live attenuated vaccines, synthetic vaccines, toxoid vaccines, inactivated vaccines, conjugate vaccines, recombinant vector vaccines subunit vaccines.Among the technology segment, live attenuated vaccines are anticipated to record the highest growth. Based on type of disease, the infectious disease segment is anticipated to be the leading segment during the forecast period.CLICK TO DOWNLOAD FREE SAMPLE

By region, global pediatric vaccine market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. North America leads the global pediatric vaccines market and is closely followed by Europe on the account of high presence of various pediatric vaccine manufactures, extensive research and development (R&D) and increasing government supports for immunization and development of pediatric vaccines. However, the market for pediatric vaccines in Asia Pacific is anticipated to witness the fastest growth during the forecast period 2017 to 2027   owing to the increasing birth rate in countries such as India and China.

Market Segmentation

Our-in depth analysis of the global pediatric vaccines market which includes the following segments:

By Type

  • Monovalent
  • Multivalent

By Product

  • pediatric vaccines
  • CNS drugs
  • pediatric hormones
  • allergy & respiratory drugs
  • Anti-infective drugs

By Technology

  • dendritic cells vaccines
  • live attenuated vaccines
  • synthetic vaccines
  • toxoid vaccines
  • inactivated vaccines
  • conjugate vaccines
  • recombinant vector vaccines
  • subunit vaccines

By Disease

  • Infectious disease
  • cancer
  • allergy

By End user

  • Pediatric
  • Adult

By region

Global pediatric vaccines market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Growth Drivers and Challenges

Rapid increase in government and non-government funding for the development of new vaccines coupled with rising awareness about the benefits of vaccination, is expected to drive the global pediatric vaccines market growth in the forthcoming years. Government is continuously looking to reduce the cost of patient immunization through various vaccination programs. For instance various countries have included programs such as children vaccination programs which offers vaccines to children who lack health insurance.Additionally, growing prevalence of chronic diseases is another major market factor driving global pediatric vaccines market.

However, low accessibility to vaccines in developing countries  coupled with stringent regulations for the usage of these vaccines, is anticipated to hinder the growth of this global pediatric vaccines over the forecast period.

Key Players 

  • Pfizer
  • Merck
  • Sanofi Pasteur
  • Crucell
  • Janssen
  • Bharat Biotech
  • Kaketsuken
  • Panacea Biotec
  • Baxter
  • ZydusCadila
  • Nuron
  • S K Chemicals
  • Dynavax Technologies
  • Serum Institute of India
  • Bharat Immunologicals and Biologicals
  • Lupin
  • Indian Immunologicals
  • Novartis
  • LG Life Sciences
  • Shenzhen Kangtai Biological Products

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