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.
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