The Live Attenuated Polio Vaccine Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Live Attenuated Polio Vaccine Market?
The market size of the live attenuated polio vaccine has seen substantial growth recently. In 2024, it was valued at $1.85 billion and is expected to reach $2.00 billion in 2025, growing at a compound annual growth rate (CAGR) of 8.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Live Attenuated Polio Vaccine Industry?
The global market for live attenuated polio vaccine is predicted to grow strongly over the next few years, reaching $2.71 billion in 2029. The compound annual growth rate (CAGR) for this period is expected to be 7.9%.
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What are the Key Growth Drivers Fueling the Live Attenuated Polio Vaccine Market?
The key drivers in the live attenuated polio vaccine market are:
• Improved stability and shelf life of the vaccine
• Resurgence of polio cases in conflict areas
• Expansion of routine immunization programs
• Increased research and development for safer live attenuated vaccine strains
Global Market Segmentation: Identifying Major Live Attenuated Polio Vaccine Industry Segments
The live attenuated polio vaccine market covered in this report is segmented –
1) By Vaccine Type: Monovalent, Bivalent, Trivalent
2) By Administration Route: Oral Administration, Intramuscular Injection, Subcutaneous Injection
3) By Age Group: Infants (0-1 years), Children (1-5 years), Adults (Above 5 years)
4) By End-User: Hospitals, Clinics, Public Health Agencies, Other End-Users
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What are the Emerging Trends Shaping the Future of the Live Attenuated Polio Vaccine Market?
The key trends in the live attenuated polio vaccine market are:
• Emergence of vaccine-derived poliovirus is an emerging trend.
• Development of oral polio vaccine is shaping the future of the market.
• Technological advancements in vaccine formulations mark a significant trend.
• Integration of digital technologies and public-private partnerships are influencing the market trends.
Who Are the Top Competitors & Leading Players in the Live Attenuated Polio Vaccine Market?
Major players in the live attenuated polio vaccine market are:
• 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
• Bharat Biotech International Limited
Regional Dominance: Which Area Leads the Global Live Attenuated Polio Vaccine Market?
North America was the largest region in the live attenuated polio vaccine market in 2024
