Poliomyelitis (polio) is viral infectious disease that mostly occurs in children of age group below 6 years. The polio virus transmits through contact with an infected person primarily through the fecal or oral route and sometimes with contaminated water and food. It multiplies in the intestine and attacks on nervous system which leads to paralysis. There are three types of wild polio virus (type 1, type 2, and type 3). The type 2 wild poliovirus was eliminated in 1999 and similarly, there were no cases found of wild poliovirus type 3 from 2012. Type 1 wild polio virus is causing agent of poliomyelitis and it has not yet being eradicated completely. There is no treatment available to cure poliomyelitis, only preventive vaccine are available to avoid infection of this virus.

The growth of poliomyelitis therapeutics market is decreasing due to decreasing prevalence of poliomyelitis disease through increasing consumption of preventive vaccines. As per data of Centers for Disease Control and Prevention, the global number of polio cases has decreased from an estimated number of 350,000 in 1988 to 407 in 2013. The fall in global number of polio cases is more than 99%. As per same data source, the Americas, Europe, South East Asia, and the Western Pacific regions have been certified as polio free.

Increasing government initiatives to overcome challenges of polio virus is expected to restrain growth of poliomyelitis therapeutic market. In 1988, the World Health Assembly (WHA) launched Global Polio Eradication Initiative (GPEI), which reduced the 99% of polio incidence globally. As result of this programme, 10 million people have been immunized and avoided to getting paralysed due to polio. This programme achieved great success from vaccine development to surveillance to collaboration with community to immunize vaccine to each child and make world polio free. The polio Endgame strategy 2019-2023 has planned to carry out some activities in 2019 to 2023.The key focus of this programme is to target endemic countries and provide them support to overcome this challenge. This programme will help to Pakistan and Afghanistan to execute their strategic planning of National Polio Eradication Initiatives.

Poliomyelitis Therapeutics Market - Taxonomy

The poliomyelitis therapeutics market is segmented on the basis of by drug type, end user, and region.

By Drug Type

  • Pain Killers
  • Antispasmodic Drugs (muscle relaxant )

By Distribution Channel

  • Hospitals Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Research Methodology

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:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

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.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

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:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

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.

Data Standardization

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:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

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.

Data Validation

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:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users