Indian Vaccine Industry: Trends & Opportunities (2012-2017)

With the advancement in technology and discovery of new products in medical sciences, vaccines are proved crucial and effective in the pharmaceutical industry. Vaccines are considered as the most effective health intervention ever developed. Vaccine has saved innumerable lives up till now and continues to do so in the future also. Vaccine industry is growing popularity mainly because of the various existing and emerging diseases which can be prevented with the help of vaccines. Scientist continuously performs research and development so that they can come up with new vaccine that can cure diseases.

There are various organizations namely The Global Alliance for Vaccines and Immunizations (GAVI), World Health Organization (WHO), the World Bank, UNICEF and Bill and Melinda Gates foundation, which supply vaccines at subsidized rate or even free of cost to some of the countries including India.

The report offers in-depth study of the global as well as the Indian vaccine industry with detailed discussion on the major segment such as rabies, seasonal influenza, polio, hepatitis B, HPV. The report also covers global as well as domestic players in the field of vaccine industry.

The analysis of market drivers explains the reasons behind the growth of vaccine industry in India. The major factors driving growth of the Indian vaccine market are strict regulations of the governing authority and government, abundant skilled manpower, accessibility by patients, changing lifestyle and growing population and science and technological advancement.

The key market challenges recognized by the analysts are in the field of manufacturing, regulations, funds for research and development, technology etc. Some of the key trends of the Indian vaccine industry are initiatives which are taken up by UNICEF, GAVI and MNC’s, acquisitions and mergers, growing Public Private Partnership (PPP) and public and private sector spending.