Global Pediatric Vaccine Market 2020-2025 - Rising Number of Collaborations, Expansions, and Mergers
Certain factors, such as the rising number of chronic diseases across the globe along with the initiatives taken by the Governments towards promoting vaccination have been major drivers of growth for the pediatric market.
- Certain factors, such as the rising number of chronic diseases across the globe along with the initiatives taken by the Governments towards promoting vaccination have been major drivers of growth for the pediatric market.
- Additionally, increasing awareness about the importance of pediatric vaccination in the prevention of diseases is expected to fuel market growth.
- However, the costs attached to immunization and the low level of accessibility in low-income countries restrain the growth of this market.
- By Vaccine Type, the Monovalent Vaccine is estimated to account for the fastest-growing segment during the forecast period.