Poliomyelitis is an acute communicable disease of humans caused by human enterovirus called poliovirus. Poliovirus is transmitted from one person to another by oral contact, with secretions or fecal material from an infected person. Wild type poliovirus cases have been decreased by over 99% since 1988, according to World Health Organization (WHO), March 2018 report. Though most of the countries such as the U.S. and India are polio free still endemic transmission of virus is continuing in Afghanistan, Nigeria, and Pakistan, owing to failures in implementing strategic approaches such as proper immunization. These factors are demanding for newer poliomycetes vaccines for disease treatment, which is expected to drive growth of the market.
Poliomycetes Vaccine in Dragee Candy Market – Drivers
Rising number of mergers and acquisitions of key players in the poliovirus vaccine industry is expected to rise growth of the poliomycetes vaccine in dragee candy market. For instance, in April 2017, Serum Institute of India Pvt. Ltd., acquired Nanotherapeutics, a Czech company for US $ 82.08 million. This acquisition by Serum Institute aided in expanding injectable polio vaccine manufacturing capacity to 200 million dosages, making the company the largest manufacturers of polio vaccines in the world.
Furthermore, in July 2018, Bharat Biotech announced to develop polio vaccine against type I and III viruses. Bharat Biotech is looking at combination vaccines inclusive of the Sabin Inactivated Polio Vaccine (sIPV) for successful eradication of poliovirus. Such robust manufacturing of vaccines against poliovirus will be helpful in driving growth of the market.
Poliomycetes Vaccine in Dragee Candy Market – Restraint
Significant failures in meeting sterile conditions are leading to product recalls, which is hampering growth of poliomycetes vaccine in the market. For instance, in October 2018, Ministry of Health and Family Welfare of India recalled all batches of bivalent oral polio vaccine vials manufactured by Bio-Med Limited. Bivalent oral polio vaccine contains two types of viruses. A particular batch was contaminated with type II poliovirus and affected children.
Poliomycetes Vaccine in Dragee Candy Market – Regional Analysis
On the basis of region, the global poliomycetes vaccine in dragee candy market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Asia Pacific is expected to hold the leading position in the poliomycetes vaccine in dragee candy market due to increased involvement of government initiatives. For instance, Government of India is conducting mass vaccination campaigns against polio, using bivalent oral polio vaccine (bOPV) to maintain high immunity against polio. The ministry of health and family welfare is also targeting mobile and migratory population from neighboring countries to prevent re-emergence of polio.
North America is likely toperceive extensive growth in the global poliomycetes vaccine in dragee candy market, owing to rise in government funds to eradicate diseases. For instance, in December 2015, the U.S. Congress approved a total of US$ 228 million for the 2016 federal budget to support global polio abolition efforts in furtherance of the country’s long-lasting leadership to fight for polio. These funds will support ongoing efforts to stop wild poliovirus transmission in the remaining polio endemic countries.
Key players operating in poliomycetes vaccine in dragee candy market include, China National Biotec Group Company Limited, Serum Institute of India Pvt. Ltd., Sanofi Pasteur SA, United Pharma Industries Co., Ltd., Gansu Conbest Biotech Co., Ltd., and Shenzhen Mellow Hope Pharm Industrial Co Ltd.
Poliomycetes Vaccine in Dragee Candy Market – Taxonomy
By Vaccine Type
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.[email protected]
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.