Pentavalent Vaccine Market Overview:

According to a new report published by Maximize Market Research titled Pentavalent Vaccine Market by Intelligent Virtual Assistant, End User, Distribution Channel, Price, and Geography: Industry Analysis and Forecast (2021-2027).

Research assists decision makers in devising strategies and plans for their regions by analysing trends in the market, the industry environment, dominant characteristics of the market, and their short- and long-term ramifications.

The study investigates the effect of COVID-19 lock-down on the earnings of industry leaders, followers, and disruptors. Because lockdown was implemented differently in different locations and countries, the impact varies by region and segment. The research has covered the current short and long term market impact, which will assist decision makers in preparing the framework for short and long term strategies for enterprises by region.

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Pentavalent Vaccine Market Dynamics:

Due to the increasing prevalence of Diphtheria, Tetanus, Pertussis, and Hepatitis B, the market for pentavalent vaccines is rapidly expanding. The pentavalent vaccine saves money on equipment, delivery, and disposal. To meet rising demand, emerging manufacturers are investing heavily in the industry, including component vaccine procurement, technology transfers, clinical and analytical development, registration and prequalification efforts, and expanding manufacturing capacity.

Market interventions, such as WHO technical assistance to manufacturers and PATH-facilitated technical assistance to numerous manufacturers funded by the BMGF, aim to increase production efficiency and improve production economics, primarily for older DTwP manufacturing methods. In 2019, Panacea Biotech received orders for pentavalent vaccine worth USD 24.32 million (approximately Rs 170 crores) from UN agencies including UNICEF. Panacea Biotech has been awarded USD 24.32 million by UN agencies (UNICEF and PAHO) for the supply of its Easyfive-TT, a totally liquid WHO prequalified wP-based pentavalent vaccination. According to UNICEF, global pentavalent vaccination demand will reach 449 million doses by 2019, averaging 150 million doses per year.

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Pentavalent Vaccine Market Segmentation:

The market is divided into two categories based on the formulation type: Lyophilized and Liquid. By 2027, the liquid formulation type segment is expected to have the largest market share. Pentavalent (DTP-Hep B-Hib) vaccines are available in both liquid and Lyophilized form. Because the combined DTP-Hep B component is liquid and the Hib component is freeze dried, the latter must be reconstituted (blended) before use. Given the ease of use of liquid form Pentavalent (DTP-HepB-Hib) vaccine in busy immunisation clinics, it was decided to use liquid form Pentavalent (DTP-HepB-Hib) vaccine in the national EPI programme.

Only a single dose liquid form of the Pentavalent (DTP-HepB-Hib) vaccination is now available. Hib vaccinations have been licenced in India for about a decade and are routinely used in the private sector. The powdered form's longer shelf life, precise formulation, and great effectiveness are all contributing to the segment's rise.

Pentavalent Vaccine Market Key Players:

  • Serum Institute of India
  • Panacea Drugs Pvt. Ltd
  • Shantha Biotechnics
  • Biological E. Ltd.
  • Novartis AG
  • Crucell
  • Bio Farma

COVID-19 Impact Analysis on Pentavalent Vaccine Market:

The report investigates consumer and demand movements, purchasing behaviour, supply chain transformations, and current market power dynamics. This updated report discusses the impact of COVID-19 on the Smart Textile market, as well as insights, analyses, estimates, and predictions. In this report, we look at how the COVID-19 lockout has affected market leaders, followers, and disruptors. The impact varies by location and region depending on how the lockdown was implemented.

Pentavalent Vaccine Market, Key Highlights:

  • The report provides analysis and projection of the Pentavalent Vaccine market in terms of value.
  • Market drivers, constraints, and opportunities driving the growth of the Pentavalent Vaccine Market are all examined in depth.
  • The Pentavalent Vaccine Market has been segmented based on Intelligent Virtual Assistant, End User, Distribution Channel, Price, and geography (country-wise).
  • This report analyses the Pentavalent Vaccine Market with respect to individual growth trends, future prospects, as well as the contribution of various submarket stakeholders.
  • Analysis and forecasts for the Pentavalent Vaccine market for five key regions: North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America, as well as country-level segmentation.
  • A profile of key industry participants and an analysis of core competencies are included, in addition to strategic perspectives, market positioning, and analyses of core competencies.
  • The top companies active in the Pentavalent Vaccine Market are profiled in terms of their competitive advancements, investments, strategic growth, and competitive landscape.

About Maximize Market Research:

Maximize Market Research, an industry research firm with a dedicated team of specialists and data, has conducted comprehensive research on the Pentavalent Vaccine market. Maximize Market Research provides B2B and B2C research on 6,500 high-growth, emerging technologies for the chemical, healthcare, pharmaceutical, electronics, Internet of Things, food and beverage, aerospace, and defence industries. Maximize Market Research analyses the competitive landscape of sectors in addition to evaluating and estimating market size.

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