Vaccines Market

Global Vaccines Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2029 - (By Vaccine, By Country Group, By Geographic Coverage and By Company)

Published Date: Nov 2022 | Format: | No. of Pages: 160

Industry: Pharmaceuticals & Biotechnology | Author Name: Sayali

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FAQ : Vaccines Market

Global vaccines market is anticipated to reach US$81.8 Bn by 2029.

Global vaccines market (including COVID-19 vaccines) is anticipated to witness a CAGR of 3.9% between 2023 and 2029, experiencing a decline in revenue from around US$90 Bn recorded in 2021. The market is expected to witness demand for around 10.3 billion doses (including COVID-19 vaccines) by 2029.

Americas (AMRO) region leads the global vaccines market in terms of value. The region will continue to lead its way through the forecast period to reach around US$40 Bn by 2029 end.

Seasonal influenza vaccine, followed by the pneumococcal conjugate vaccine, is anticipated to dominate global vaccines market. Demand for more than 1000 million doses for respective vaccines is expected by 2029 end.

Self-procuring MICs segment is expected to exhibit a strong growth rate of 4.6% during the forecast period in terms of both value, and volume.
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