Pediatric Vaccine Market – Insights

Vaccination is required to protect infants from various diseases such as pneumonia, polio, and influenza. Vaccination imitates a particular pathogen (infection causing organism) and triggers the body’s immune system to produce the requisite antibodies that in future develop resistance towards infections caused by these pathogens.

The global pediatric vaccine market is estimated to account for US$ 37,567 Mn in terms of value in 2019 and is expected to reach US$ 98,859 Mn by the end of 2027.

Global Pediatric Vaccine Market: Drivers

Increasing awareness regarding vaccines and immunization among the populace is expected to boost growth of the global pediatric vaccine market over the forecast period. For instance, in the U.S., the month of January is celebrated as Cervical Health Awareness Month, wherein the importance of regular vaccination and screening in the prevention of cancer is forwarded.

Moreover, increasing cases of invasive cervical cancer is also expected to boost growth of the market. Cervical cancer can be prevented through HPV vaccine and regular cervical screenings. According to the American Cancer Society, about 13,800 new cases of invasive cervical cancer are expected to be diagnosed in the U.S. in 2020 and the disease is expected to lead to death of 4,290 women in the same year. The American Academy of Pediatrics recommends HPV vaccination for both females and males between the ages of 9 and 12, as vaccinations are more effective before any exposure to the virus.

Europe region held dominant position in the global pediatric vaccine market in 2018, accounting for 27.0% share in terms of value, followed by North America.

Pediatric Vaccines  | Coherent Market Insights

Global Pediatric Vaccine Market: Restraints

High cost of pediatric vaccines is expected to hinder growth of the global pediatric vaccines market. Many vaccines are only provided by one or two suppliers. For newer vaccines there are often particularly few suppliers due to the high investment needed to develop a vaccine. This in turn increases the cost of vaccines.

Moreover, low accessibility of vaccines to remote areas is also expected to hinder growth of the market. For instance, according to the World Health Organization in 2018, around 19.4 million children under the age of one year did not receive basic vaccines. Around 60% of these children belonged to emerging countries such as Angola, Brazil, the Democratic Republic of the Congo, Ethiopia, India, Indonesia, Nigeria, Pakistan, the Philippines, and Viet Nam.

Global Pediatric Vaccine Market: Opportunities

R&D of new vaccines is expected to offer lucrative growth opportunities for players in the global pediatric vaccines market. For instance, in April 2018, Merck & Co, Inc. initiated two Phase III studies of PCV-15 (V114), an investigational polyvalent conjugate vaccine for the prevention of pneumococcal disease.

Market players can also focus on developing vaccines for diseases such as West Nile virus and Zika. As of April 2019, no vaccines have been approved for clinical use, however a number of vaccines are currently in clinical trials such as NAbs, neutralizing antibodies and ZPIV, ZIKV purified inactivated virus vaccine.

Pneumococcal Vaccine sub segment in the vaccine type segment in global pediatric vaccines market was valued at US$ 10,299.7 Mn in 2018 and is expected to reach US$ 36,120.1 Mn by 2027 at a CAGR of 14.4% during the forecast period.

Market Trends/Key Takeaways

Increasing involvement of government and non-government organizations to promote vaccination is boosting growth of the market. For instance, in December 2019, The World Health Organization quality assured a third pneumococcal conjugate vaccine, Pneumosil, manufactured by the Serum Institute of India. The development was supported by the Bill & Melinda Gates Foundation.

The market is witnessing increasing development of multivalent vaccines. For instance, in December 2019, researchers from University of Nottingham reported a research that is expected to lead to an improved vaccine to protect against the bacterium, Neisseria meningitides that causes sepsis and meningitis. The study also highlighted the importance of multivalent vaccines in protection against mutated strains.

Value Chain Analysis

Pediatric Vaccines  | Coherent Market Insights

Global Pediatric Vaccine Market: Competitive Landscape

Major players operating in the global pediatric vaccine market include GlaxoSmithKline Plc., Merck & Co., Inc., Pfizer Inc., Sanofi S.A., Panacea Biotec, Zydus Cadila, Emergent BioSolutions Inc., Serum Institute of India Pvt. Ltd., Bharat Biotech, and Indian Immunologicals Ltd.

Global Pediatric Vaccine Market: Key Developments

Major players in the market are also focused on developing new vaccines to expand their product portfolio. For instance, in December 2019, NewLink Genetics Corporation received the U.S. FDA approval for ERVEBO or Zaire Ebola virus vaccine V920.

Major players in the market are focused on conducting clinical trials to expand their product portfolio. For instance, in December 2019, Soligenix, Inc. initiated the study to assess the Safety of RiVax, a lyophilized ricin toxin A-chain subunit vaccine with alum-adjuvant.

Pediatric vaccines perform significant role in reduction of various childhood infectious disease such as measles, diphtheria, Poliomyelitis, and Haemophilus influenzae type b (Hib). Increasing Government of various economies, healthcare regulatory organizations, and private organizations are focused on reducing rate of pediatric disease, which is expected to propel demand for pediatric vaccine over the forecast period. For instance, in 2013, World Health Organization (WHO): Europe launched the flu Awareness Campaign initiative to spread awareness regarding flu among the European population.adoption of pediatric vaccines have significantly led to increase in global vaccination coverage. According to the World Health Organization (WHO), immunization helps to prevent around 2 to 3 million deaths annually. Moreover, vaccination is the most cost–effective and efficient heath investment, which is accessible to hard-to-reach locations and vulnerable populations. High prevalence of infectious disease, combined with increasing numbers of government initiatives for raising awareness regarding immunization and development of novel adjuvants and therapeutic vaccines are expected to drive growth of pediatric vaccines market during the forecast period.

Restraints of the Global Pediatric Vaccines Market

Low private sector involvement in low income countries countries such as Nigeria, Cambodia, and several others is hampering growth of the market, as these countries are majorly dependent on government vaccinations.

Key features of the study:

  • This report provides in-depth analysis of the global pediatric vaccines market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018, as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global pediatric vaccines market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, strategies, and future plans
  • Key companies covered as a part of this study include GlaxoSmithKline Plc., Merck & Co., Inc., Pfizer Inc., Sanofi, Pancea Biotec, Zydua Cadila, Emergent BioSolutions Inc., Serum Institute of India Pvt. Ltd., Bharat Biotech, and Indian Immunologicals Ltd.
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global pediatric vaccines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the market.

Detailed Segmentation

  •  Global Pediatric Vaccines Market, By Vaccine Type:
    • Pneumonococcal Vaccine
    • DTP Vaccine
    • Rotavirus Vaccine
    • MMR Vaccine
    • Polio Vaccine
    • Influenza Vaccine
    • Hepatitis B Vaccine
    • Meningococcal Vaccine
    • Hib Vaccine
    • Varicella Vaccine
  • Global Pediatric Vaccines Market, By Technology:
    • Live or Attenuated Vaccine
    • Inactivated or Killed Vaccine
    • Toxoid Vaccine
    • Conjugate Vaccine
    • Subunit Vaccine
    • Recombinant Vaccine
  • Global Pediatric Vaccines Market, By Type:
    • Monovalent Vaccine
    • Multivalent Vaccine
  • Global Pediatric Vaccines Market, By Distribution Channel:
    • Government
    • Private
  • Global Pediatric Vaccines Market, By Geography:
    • North America
      • By Vaccine Type
        • Pneumococcal Vaccine
        • DTP Vaccine
        • Rotavirus Vaccine
        • MMR Vaccine
        • Polio Vaccine
        • Influenza Vaccine
        • Hepatitis B Vaccine
        • Meningococcal Vaccine
        • Hib Vaccine
        • Varicella Vaccine
      • By Technology:
        • Live or Attenuated Vaccine
        • Inactivated or Killed Vaccine
        • Toxoid Vaccine
        • Conjugate Vaccine
        • Subunit Vaccine
        • Recombinant Vaccine
      • By Type
        • Monovalent Vaccine
        • Multivalent Vaccine
      • By Distribution Channel
        • Government
        • Private
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Vaccine Type
        • Pneumococcal Vaccine
        • DTP Vaccine
        • Rotavirus Vaccine
        • MMR Vaccine
        • Polio Vaccine
        • Influenza Vaccine
        • Hepatitis B Vaccine
        • Meningococcal Vaccine
        • Hib Vaccine
        • Varicella Vaccine
      • By Technology:
        • Live or Attenuated Vaccine
        • Inactivated or Killed Vaccine
        • Toxoid Vaccine
        • Conjugate Vaccine
        • Subunit Vaccine
        • Recombinant Vaccine
      • By Type
        • Monovalent Vaccine
        • Multivalent Vaccine
      • By Distribution Channel
        • Government
        • Private
      • By Country:
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Vaccine Type
        • Pneumococcal Vaccine
        • DTP Vaccine
        • Rotavirus Vaccine
        • MMR Vaccine
        • Polio Vaccine
        • Influenza Vaccine
        • Hepatitis B Vaccine
        • Meningococcal Vaccine
        • Hib Vaccine
        • Varicella Vaccine
      • By Technology:
        • Live or Attenuated Vaccine
        • Inactivated or Killed Vaccine
        • Toxoid Vaccine
        • Conjugate Vaccine
        • Subunit Vaccine
        • Recombinant Vaccine
      • By Type
        • Monovalent Vaccine
        • Multivalent Vaccine
      • By Distribution Channel
        • Government
        • Private
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Vaccine Type
        • Pneumococcal Vaccine
        • DTP Vaccine
        • Rotavirus Vaccine
        • MMR Vaccine
        • Polio Vaccine
        • Influenza Vaccine
        • Hepatitis B Vaccine
        • Meningococcal Vaccine
        • Hib Vaccine
        • Varicella Vaccine
      • By Technology:
        • Live or Attenuated Vaccine
        • Inactivated or Killed Vaccine
        • Toxoid Vaccine
        • Conjugate Vaccine
        • Subunit Vaccine
        • Recombinant Vaccine
      • By Type
        • Monovalent Vaccine
        • Multivalent Vaccine
      • By Distribution Channel
        • Government
        • Private
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East:
      • By Vaccine Type
        • Pneumococcal Vaccine
        • DTP Vaccine
        • Rotavirus Vaccine
        • MMR Vaccine
        • Polio Vaccine
        • Influenza Vaccine
        • Hepatitis B Vaccine
        • Meningococcal Vaccine
        • Hib Vaccine
        • Varicella Vaccine
      • By Technology:
        • Live or Attenuated Vaccine
        • Inactivated or Killed Vaccine
        • Toxoid Vaccine
        • Conjugate Vaccine
        • Subunit Vaccine
        • Recombinant Vaccine
      • By Type
        • Monovalent Vaccine
        • Multivalent Vaccine
      • By Distribution Channel
        • Government
        • Private
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Vaccine Type
        • Pneumococcal Vaccine
        • DTP Vaccine
        • Rotavirus Vaccine
        • MMR Vaccine
        • Polio Vaccine
        • Influenza Vaccine
        • Hepatitis B Vaccine
        • Meningococcal Vaccine
        • Hib Vaccine
        • Varicella Vaccine
      • By Technology:
        • Live or Attenuated Vaccine
        • Inactivated or Killed Vaccine
        • Toxoid Vaccine
        • Conjugate Vaccine
        • Subunit Vaccine
        • Recombinant Vaccine
      • By Type
        • Monovalent Vaccine
        • Multivalent Vaccine
      • By Distribution Channel
        • Government
        • Private
      • By Country/Region:
        • Central Africa
        • South Africa
        • North Africa
  • Company Profiles
    • GlaxoSmithKline Plc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
    • Merck & Co., Inc.
    • Pfizer Inc.
    • Sanofi S.A.
    • Panacea Biotec
    • Zydus Cadila
    • Emergent BioSolutions Inc.
    • Serum Institute of India Pvt. Ltd.
    • Bharat Biotech
    • Indian Immunologicals Ltd.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Vaccine Type
      • Market Snippet, By Technology
      • Market Snippet, By Type
      • Market Snippet, By Distribution Channel
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Key Developments
    • Technological Advancement
    • Regulatory Scenario
  4. Global Pediatric Vaccines Market, By Vaccine Type, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Pneumonococcal Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • DTP Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • Rotavirus Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • MMR Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • Polio Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • Influenza Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • Hepatitis B Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • Meningococcal Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • HiB Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • Varicella Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
  5. Global Pediatric Vaccines Market, By Technology, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Live or Attenuated Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Inactivated or Killed Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Toxoid Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Conjugate Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Subunit Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Recombinant Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  6. Global Pediatric Vaccines Market, By Type, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Monovalent Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Multivalent Vaccine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  7. Global Pediatric Vaccines Market, By Distribution Channel, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Government
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Private
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  8. Global Pediatric Vaccines Market, By Regions, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • North Africa
        • Central Africa
        • South Africa
  9. Competitive Landscape
    • Company Profiles
      • GlaxoSmithKline Plc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Merck & Co., Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Pfizer Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Sanofi S.A.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Panacea Biotec
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Zydus Cadila
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Emergent BioSolutions Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Serum Institute of India Pvt. Ltd.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Bharat Biotech
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Indian Immunologicals Ltd.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

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