INACTIVATED POLIO AND RABIES VACCINES MARKET ANALYSIS

Increasing incidences of rabies in the populationIncreasing incidences of rabies in the population is expected to spur the global inactivated polio and rabies vaccines market growth over the forecast period. Despite the availability of vaccines for over 100 years, dog rabies has been found to be common in all regions with inadequate public health resources and limited access to preventive treatment. North America also have few diagnostic facilities for life-threatening diseases and surveillance of rabies occurrence among the animals is almost zero. For instance, in September 2021, Gavi is an international organisation, the Vaccine Alliance included human rabies vaccines, which would support scaling up rabies Postexposure prophylaxis (PEP) in Gavi-eligible countries. Gavi’s reported the rabies was checked and found in dog, bat, raccoon, and fox were found to be the carriers of rabies and rabies causes around 59,000 deaths world-wide every year.

Increasing awareness about polio among the population Increasing awareness about polio among the population is expected to drive the global inactivated polio and rabies vaccines market growth over the forecast period. For instance, According to WHO, 2021, world-wide incidences of polio have been decreased by 99%, since 1988 and only 20 cases of children suffering from polio were found in 2020. it has also been estimated that failure to eradicate polio, over the span of ten years, can result in 200,000 polio patients globally. Furthermore, active participation of government for increasing awareness among the population through social media platforms, newspapers, and announcements is expected to reduce number of polio cases world-wide.

Global Inactivated Polio And Rabies Vaccines Market Segmentation:

The global inactivated polio and rabies vaccines market report is segmented into By Vaccine, By Method of Inactivation, By Age Group, By Distribution Channel, and By Region.

By Vaccine, the market is segmented into Inactivated Polio Vaccine and Inactivated Rabies Vaccine. Out of which, the Inactivated polio vaccine segment is expected to hold a dominant position in the global inactivated polio and rabies vaccines market during the forecast period and this is attributed to the technological advancements in the field of vaccines market.

By Method of Inactivation the market is segmented into Solvent Detergent Method, Radiation Method, pH Concentration, Heat Inactivation, and Others. Out of which, the Solvent detergent method segment is expected to hold a dominant position in the inactivated polio and rabies vaccines market during the forecast period and this is attributed to the increasing awareness of vaccines.

By Age Group the market is segmented into Pediatrics and Adults. Out of which, the Pediatrics segment is expected to hold a dominant position in the inactivated polio and rabies vaccines market during the forecast period and this is attributed to the increasing prevalence of polio in pediatrics.

Among all the segmentations, the vaccine segment has the highest potential due to the increasing government initiatives to combat polio this is expected to drive the growth of the segment over the forecast period. For Instance, in September 2022, the Government of Ghana with the support of the World Health Organization (WHO) and other partners of the Global Polio Eradication Initiative (GPEI), rolled out a polio vaccination campaign, targeting children under five years across all 16 regions of Ghana. This follows the confirmation of circulating vaccine-derived poliovirus type 2 (cVDPV2) in the country from two acute flaccid paralysis (AFP) cases; one each from North Gonja District in Savanna Region and West Mamprusi in North East Region.