Comprehensive Insights Of The Global Live Attenuated Polio Vaccine Market: Key Drivers, Trends, And Forecast 2025-2034
Live Attenuated Polio Vaccine Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034
The Business Research Company’s Live Attenuated Polio Vaccine Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, June 18, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034
The live attenuated polio vaccine market size has seen formidable growth in recent years, with an increase from $1.85 billion in 2024 to an expected $2.00 billion in 2025. This impressive compound annual growth rate CAGR of 8.3% throughout this historic period was primarily driven by mass immunization campaigns, the emergence of vaccine-derived poliovirus concerns, government immunization programs, and public awareness and education, as well as improvements in vaccine accessibility and affordability.
So, How Is This Live Attenuated Polio Vaccine Market Projected To Expand In The Coming Years?
The upward momentum in the live attenuated polio vaccine market size is anticipated to continue, estimating to reach $2.71 billion in 2029. With a predicted CAGR of 7.9%, this growth is attributed to improved vaccine stability and shelf life, a resurgence of polio cases in conflict zones, donor fatigue in eradication efforts, expansion of routine immunization programs, and increased R&D for safer live attenuated vaccine strains. Major trends in the forecast period include the emergence of vaccine-derived poliovirus, the development of oral polio vaccine, technological advancements in vaccine formulations, the integration of digital technologies, and public-private partnerships.
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What Are The Primary Factors Driving This Anticipated Live Attenuated Polio Vaccine Market Growth?
The robust expansion of immunization programs is expected to be a key market driver. Immunization programs, primarily organized by governments, health organizations, or other institutions to prevent the spread of infectious diseases, have seen a surge primarily due to increased global awareness of the importance of disease prevention. This, together with strong government support and the backing of international health organizations and funding bodies, has led to a boom in immunization efforts. For example, between 2021 and 2022, global coverage for the first dose of the diphtheria-tetanus-pertussis DTP vaccine expanded from 86% to 89%, as reported by the US-based Centers for Disease Control and Prevention in October 2023.
Who Are The Key Players When It Comes To The Live Attenuated Polio Vaccine Market?
The live attenuated polio vaccine market is powered by industry titans like Sanofi Pasteur, GlaxoSmithKline plc, LG Chem Ltd., Serum Institute of India Pvt. Ltd., Biological E. Limited, Indian Immunologicals Limited, Sinovac Biotech Ltd., Shenzhen Kangtai Biological Products Co. Ltd., Vabiotech, Emergent BioSolutions Inc., Valneva SE, Bio Farma, PT Bio Farm, Bilthoven Bio, Panacea Biotec, Haffkine Biopharmaceutical, Panacea Biotec Ltd., Zydus Cadila, Liaoning Cheng Da Biotechnology Co.Ltd, and Bharat Biotech International Limited.
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What Are The Emerging Trends In The Live Attenuated Polio Vaccine Market?
These major companies in live attenuated polio vaccine market have been focusing on obtaining regulatory approvals to ensure their vaccines meet the safety and efficacy standards required by global health authorities. One instance of this was when India-based pharmaceutical and biologics company, Biological E, received approval from the World Health Organization WHO in July 2024 for its novel oral polio vaccine type 2 nOPV2. This next-generation live vaccine is engineered to mitigate the challenges associated with traditional vaccines.
How Is The Live Attenuated Polio Vaccine Market Segmented?
The live attenuated polio vaccine market is segmented by:
1 Vaccine Type: Monovalent, Bivalent, Trivalent
2 Administration Route: Oral Administration, Intramuscular Injection, Subcutaneous Injection
3 Age Group: Infants 0-1 years, Children 1-5 years, Adults Above 5 years
4 End-User: Hospitals, Clinics, Public Health Agencies, Other End-Users
Subsegments include:
1 Monovalent: mOPV1 For Serotype 1
2 Bivalent: Type 1, Type 3
3 Trivalent: Poliovirus Type 1, Poliovirus Type 2, Poliovirus Type 3
And What Does The Regional Overview Look Like In The Live Attenuated Polio Vaccine Market?
North America held the largest share of the live attenuated polio vaccine market in 2024 with Asia-Pacific expected to be the fastest-growing region in the forecast period. Additional regions covered in this report include Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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