Infinium Global Research Pediatric Vaccines Market | Page 3

Pediatric Vaccines Market: Trends and Forecast -2024 given to the new born baby within 24 hours of birth and three more doses within 6 months. This vaccination help to prevent the occurrence of hepatitis B among the newly born children’s. In addition, across the various country, the government provide the free immunization to the children’s through various vaccination programs. Government and non-government agencies across various countries are rising their funding in the Pediatric vaccination that is likely to boost the demand of Pediatric Vaccines. The leading healthcare associations such as UNICEF, WHO, and other are taking initiative to provide various healthcare awareness programs across the Low and Middle-Income countries that contribute to the growth of pediatric vaccines market. However, the lack of medical services across the developing countries restrain the growth of the pediatric vaccine market. Moreover, the research and development to produce the novel vaccines and growing awareness about the immunization are projected create several opportunities in the pediatric vaccine market. Among the geography, North America holds the maximum market share in the pediatric vaccine market. The developed healthcare infrastructure, favorable government policies and strong Research and ongoing development of new and effective pediatric vaccines are driving the growth of the pediatric vaccines market. In addition, Asia Pacific is the fastest growing region in the pediatric vaccine market owing to the rising occurrence of chronic diseases, the government initiative to provide free vaccinations and growing awareness about the Immunizations. The developing healthcare infrastructure and a rapidly growing population are anticipated to contribute in the growth of the pediatric vaccine market in the Asia Pacific. Segment Covered The report on global pediatric vaccines market covers segments such as, vaccine type, technology, application and end user. On the basis of vaccine type the global pediatric vaccines market is categorized into monovalent and multivalent. On the basis of technology the global pediatric vaccines market is categorized into attenuated live viruses, inactivated viruses, recombinant, subunits, toxoids, conjugates and polysaccharides. On the basis of application the global pediatric vaccines market is categorized into infectious disease, allergy and cancer. On the basis of end user the global pediatric vaccines market is categorized into hospitals, pediatric clinics, research organizations and others. 3 © Infinium Global Research