The pediatric vaccine market is expected to show a lucrative growth at a CAGR of around 9.0% during the forecast period 2020-2026. In the scope of the report, a pediatric is a person under 18 years of age. Major factors for the growth of the market include rising government and non-governmental funding to increase global vaccination programs, and increasing healthcare expenditure in the emerging economies coupled with rising awareness toward vaccination for children among people. Significant control over some diseases has been obtained all across the globe from the pediatric vaccines including polio, however vaccines for many diseases are under development including dengue, and malaria, which once approved will provide significant growth to the market. 

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As per the UN population division, each year around 140 million children will born between 2019 and 2026. The share of children's birth in the emerging economies will be larger as compared to developed economies and where the need for the vaccine will be higher. These children are prone to various diseases and mostly will be vaccinated under government programs or self-funding from the guardian. As per the WHO, during 2011-2020, around 24.6 to 25.8 million future fatalities were averted due to vaccination all across the globe. 

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Global Paediatric Vaccine Market Segmentation

By Vaccine Type

Live-attenuated Vaccines
Inactivated Vaccines
Recombinant
Other

By Application 

Monovalent Vaccines
Multivalent Vaccines

Regional Analysis

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World

Company Profiles

Astellas Pharma Inc.
AstraZeneca plc
Bavarian Nordic A/S
Cadila Healthcare Ltd.
China National Biotec Group Company Ltd.
CSL Ltd.
Eli Lilly and Co.
Emergent BioSolutions Inc. (PaxVax)
F. Hoffmann-La Roche Ltd.
Gilead Sciences, Inc.

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