The global polio vaccinations market is booming, because to rising awareness of poliovirus illnesses and a growing demand for countries to vaccinate their children. Furthermore, rising investments in the development of various types of polio vaccines, as well as an increase in the number of annual dosages for polio vaccines around the world, are likely to support the global polio vaccine market's growth.
During the projected period, 2018-2026, the market is expected to grow at a healthy rate. The worldwide polio vaccine market is divided into two types: inactivated poliovirus vaccine (IPV) and oral poliovirus vaccine (OPV), with the oral poliovirus vaccine expected to have the biggest market share due to increased vaccine use by various countries. Due to the chemical makeup of the vaccine, the price of OPV is significantly cheaper than that of IPV, resulting in greater affordability and increased purchasing by lower and middle income economies.
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