Global Inactivated Polio and Rabies Vaccines Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vaccine;

Inactivated Polio Vaccine and Inactivated Rabies Vaccine.

By Method of Inactivation;

Solvent Detergent Method, Radiation Method, pH Concentration, Heat Inactivation, and Others.

By Distribution Channel;

Government and Private.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn554996213 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Inactivated Polio and Rabies Vaccines Market (USD Million), 2021 - 2031

In the year 2024, the Global Inactivated Polio and Rabies Vaccines Market was valued at USD 18,457.85 million. The size of this market is expected to increase to USD 30,088.14 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.

The global market for inactivated polio and rabies vaccines has witnessed significant growth over the past decade, driven by increasing awareness about the importance of immunization in preventing these debilitating diseases. Inactivated polio vaccines, commonly referred to as IPV, have become an essential tool in the global effort to eradicate polio, particularly in regions where the disease remains endemic. The success of polio eradication initiatives, coupled with ongoing immunization campaigns, has fueled the demand for IPV across both developed and developing countries.

The market for rabies vaccines has experienced steady expansion, driven by rising incidence rates of rabies exposure and increasing government initiatives to control the spread of the disease. Rabies remains a significant public health concern in many parts of the world, particularly in Asia and Africa, where access to post-exposure prophylaxis is limited. In response, governments and international organizations have ramped up efforts to promote rabies vaccination programs, thereby driving the demand for inactivated rabies vaccines.

The market landscape for inactivated polio and rabies vaccines is characterized by the presence of several key players, including multinational pharmaceutical companies and regional vaccine manufacturers. These companies are actively engaged in research and development activities to enhance the efficacy and safety profiles of their vaccine products. Additionally, strategic collaborations and partnerships with government agencies and non-profit organizations play a crucial role in expanding market reach and ensuring vaccine accessibility in underserved regions.

The inactivated polio and rabies vaccines market is poised for continued growth, driven by ongoing disease eradication efforts, expanding immunization programs, and advancements in vaccine technology. However, challenges such as vaccine hesitancy, supply chain disruptions, and regulatory hurdles may impact market growth to some extent. Nevertheless, concerted efforts by stakeholders across the public and private sectors are expected to drive further innovation and investment in this critical segment of the global healthcare industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vaccine
    2. Market Snapshot, By Method of Inactivation
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Inactivated Polio and Rabies Vaccines Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Disease Awareness
        2. Government Immunization Initiatives
        3. Technological Advancements in Vaccine Production
        4. Increasing Global Travel and Trade
      2. Restraints
        1. High Manufacturing Costs
        2. Regulatory Hurdles
        3. Limited Access in Remote Areas
        4. Vaccine Distribution Challenges
      3. Opportunities
        1. Emerging Markets Expansion
        2. Growing Research and Development Investments
        3. Strategic Collaborations and Partnerships
        4. Demand for Novel Vaccine Formulations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Inactivated Polio and Rabies Vaccines Market, By Vaccine, 2021 - 2031 (USD Million)
      1. Inactivated Polio Vaccine
      2. Inactivated Rabies Vaccine
    2. Global Inactivated Polio and Rabies Vaccines Market, By Method of Inactivation, 2021 - 2031 (USD Million)
      1. Solvent Detergent Method
      2. Radiation Method
      3. pH Concentration
      4. Heat Inactivation
      5. Others
    3. Global Inactivated Polio and Rabies Vaccines Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Government
      2. Private
    4. Global Inactivated Polio and Rabies Vaccines Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. GlaxoSmithKline plc (GSK)
      2. Sanofi Pasteur
      3. Merck & Co., Inc
      4. Pfizer Inc
      5. Johnson & Johnson
      6. Bharat Biotech
      7. Serum Institute of India
      8. Sinovac Biotech
      9. Novavax, Inc
      10. Biological E. Limited
  7. Analyst Views
  8. Future Outlook of the Market