PUBLISHER: The Business Research Company | PRODUCT CODE: 1760566
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760566
Inactivated polio and rabies vaccines (IPV) are designed to protect individuals from polio and rabies, respectively. Both vaccines are made using viruses that have been inactivated, meaning they cannot cause disease. IPV prevents poliomyelitis, a viral illness that can lead to paralysis, while the inactivated rabies vaccine offers protection against rabies, a fatal infection usually transmitted through animal bites. These vaccines stimulate the immune system to provide long-lasting protection without causing illness.
The primary product types of inactivated polio and rabies vaccines include the inactivated polio vaccine and inactivated rabies vaccine. The inactivated polio vaccine (IPV) is a safe, injectable vaccine derived from inactivated poliovirus, designed to strengthen immunity and protect against polio without causing infection. It is inactivated using various methods, such as the solvent-detergent method, radiation, pH concentration, heat inactivation, and others. The vaccine is distributed through several channels, including both government and private sectors, for use in different populations, such as pediatrics and adults.
The inactivated polio and rabies vaccines market research report is one of a series of new reports from The Business Research Company that provides inactivated polio and rabies vaccines market statistics, including the inactivated polio and rabies vaccines industry global market size, regional shares, competitors with the inactivated polio and rabies vaccines market share, detailed inactivated polio and rabies vaccines market segments, market trends, opportunities, and any further data you may need to thrive in the inactivated polio and rabies vaccines industry. This inactivated polio and rabies vaccines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The inactivated polio and rabies vaccines market size has grown strongly in recent years. It will grow from $2.16 billion in 2024 to $2.30 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth during the historic period can be attributed to factors such as expanding vaccination campaigns, increased awareness about polio and rabies, government immunization programs, high incidence rates of polio and rabies in certain regions, and support from international health organizations.
The inactivated polio and rabies vaccines market size is expected to see strong growth in the next few years. It will grow to $2.88 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth during the forecast period is expected to result from advancements in vaccine technology, the rising demand for vaccination in emerging markets, a heightened focus on global health security, government policies encouraging vaccination, and increased healthcare spending on preventive measures. Major trends during the forecast period include a growing demand for combined polio and rabies vaccines, advancements in freeze-drying technology to enhance vaccine stability, the development of single-dose formulations for easier administration, improvements in cold chain logistics for better vaccine distribution, expansion of global immunization programs, and government-funded vaccination initiatives.
The increasing demand for effective vaccination programs is expected to drive the growth of the inactivated polio and rabies vaccines market. Vaccination programs, organized by governments or organizations to protect people from diseases, are becoming more widespread as governments intensify efforts to prevent outbreaks, reduce healthcare costs, and improve public health. These initiatives contribute to the demand for inactivated polio and rabies vaccines by raising awareness, securing funding, and expanding coverage in high-risk areas. Mass vaccination campaigns and routine immunizations, often led by governments and health organizations, ensure consistent vaccine uptake. For example, in April 2024, the Pan American Health Organization (PAHO) reported that the 22nd Vaccination Week in the Americas (VWA), themed "Engage now to protect your future, GetVax," aimed to boost vaccination coverage in underserved areas by administering over 65 million doses. The initiative also worked to combat misinformation and improve vaccine access through community engagement and tailored campaigns. This growing demand for effective vaccination programs is driving the growth of the inactivated polio and rabies vaccines market.
Companies in the inactivated polio and rabies vaccines market are advancing product development, such as inactivated rabies vaccines, to improve immunogenicity and address the global demand for effective disease prevention. Killed virus rabies vaccines are made using a rabies virus that has been rendered non-infectious through chemical or physical processes. These vaccines stimulate the immune system to produce protective antibodies without causing the disease, making them safe and effective for both pre- and post-exposure use. For example, in April 2024, Sanofi, a UK-based pharmaceutical company, launched Verorab, an inactivated rabies vaccine, in the UK for both pre-exposure and post-exposure prophylaxis of rabies for all age groups. The vaccine, approved in the UK based on extensive clinical data from over 13,000 individuals, has been widely used in over 80 countries. Verorab offers an effective immunization option for travelers to high-risk countries and for rabies post-exposure treatment, with clinical trials showing strong immune responses and long-lasting protection.
In June 2024, Sanofi partnered with Biovac, a South Africa-based biopharmaceutical company, to support local vaccine production in Africa. This collaboration aims to establish sustainable local manufacturing of inactivated polio vaccines (IPV), enhancing regional self-sufficiency and advancing polio eradication efforts across more than 40 African countries. Biovac specializes in developing vaccines for diseases that disproportionately affect people in Africa.
Major players in the inactivated polio and rabies vaccines market are Merck & Co Inc., Sanofi S.A., LG Chem Ltd., Boehringer Ingelheim International GmbH, Sinovac Biotech, Zoetis Inc., Cadila Pharmaceuticals, Zydus Lifesciences Limited, Biological E. Limited, Serum Institute of India (SII), Indian Immunologicals Limited (IIL), Instituto Butantan, Valneva SE, Bio Farma, Bharat Biotech, Bilthoven Biologicals, Panacea Biotec, Batavia Biosciences, Hilleman Laboratories, and China National Pharmaceutical Group Co Ltd.
North America was the largest region in the inactivated polio and rabies vaccines market in 2024. The regions covered in inactivated polio and rabies vaccines report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the inactivated polio and rabies vaccines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The inactivated polio and rabies vaccines market consists of sales of combination vaccines containing inactivated polio vaccine (IPV), pre-exposure prophylaxis vaccines, and post-exposure prophylaxis (PEP) kits. Values in this market are 'factory gate' values, that is, the value of goods sold to the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Inactivated Polio And Rabies Vaccines Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on inactivated polio and rabies vaccines market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for inactivated polio and rabies vaccines ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The inactivated polio and rabies vaccines market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.