- Bharat Biotech
- BIO-MED
- Serum Institute of India Pvt. Ltd.
- Kedrion Biopharma Inc.
- GlaxoSmithKline plc.
- Bilthoven Biologicals
- Merck & Co., Inc.
- Pfizer Inc.
- Cadila Healthcare Limited
- Sanofi Pasteur India Pvt Ltd
- Chiron Behring Vaccines Private Ltd
- Zoetis Inc.
- Elanco
(Note: The list of the major players will be updated with the latest market scenario and trends)
Recent developments by key players in Inactivated Polio And Rabies Vaccines Market:
In April 2022, Cadila Pharmaceuticals, an Indian multinational pharmaceutical company, introduced the world's inaugural three-dose anti-rabies vaccine. This vaccine is based on a recombinant nanoparticle carrying the rabies G protein.
On the driver side, Government-led immunization programs, particularly in developing countries, increase the demand for inactivated polio and rabies vaccines. These programs aim to eradicate these diseases and protect public health. Raising awareness of the dangers posed by polio and rabies, coupled with efforts by organizations and governments to educate the public, leads to greater demand for these vaccines. Regions with higher incidences of rabies cases, often due to limited access to healthcare or the prevalence of rabies in wildlife, create a demand for rabies vaccines. Collaborative efforts between international organizations, such as the World Health Organization (WHO) and UNICEF, and governments to combat polio and rabies contribute to vaccine demand. Technological advancements in vaccine production and distribution have improved accessibility and availability, driving market growth.
However, reaching remote or underserved regions with inactivated polio and rabies vaccines can be logistically challenging, impacting distribution and coverage rates. Vaccine hesitancy, driven by misinformation or concerns about vaccine safety, can hinder vaccination efforts and decrease demand for these vaccines. The production of inactivated polio and rabies vaccines requires specialized facilities and expertise, which may be limited in certain regions, impacting supply.