Latin America Cancer Vaccines Market Size & Outlook

The cancer vaccines market in Latin America is expected to reach a projected revenue of US$ 933.0 million by 2030. A compound annual growth rate of 4.9% is expected of Latin America cancer vaccines market from 2024 to 2030.
Revenue, 2023 (US$M)
$666.7
Forecast, 2030 (US$M)
$933.0
CAGR, 2024 - 2030
4.9%
Report Coverage
Latin America

Latin America cancer vaccines market highlights

  • The Latin America cancer vaccines market generated a revenue of USD 666.7 million in 2023.
  • The market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
  • In terms of segment, preventive cancer vaccines was the largest revenue generating vaccine type in 2023.
  • Other Types is the most lucrative vaccine type segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 666.7 million
Market revenue in 2030USD 933.0 million
Growth rate4.9% (CAGR from 2023 to 2030)
Largest segmentPreventive cancer vaccines
Fastest growing segmentOther Types
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPreventive Cancer Vaccines, Therapeutic Cancer Vaccines, Other Types
Key market players worldwideMerck & Co Inc, GSK PLC, Dynavax Technologies, Ferring, Amgen Inc, Moderna Inc, Sanofi SA, AstraZeneca PLC, Bristol-Myers Squibb Co

Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.9% of the global cancer vaccines market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,730.2 million by 2030.

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Cancer Vaccines Market Companies

Name Profile # Employees HQ Website

Latin America cancer vaccines market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cancer vaccines market will help companies and investors design strategic landscapes.


Preventive cancer vaccines was the largest segment with a revenue share of 94.35% in 2023. Horizon Databook has segmented the Latin America cancer vaccines market based on preventive cancer vaccines, therapeutic cancer vaccines, other types covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Cancer Vaccines Vaccine Type Outlook (Revenue, USD Million, 2018-2030)
    • Preventive Cancer Vaccines
    • Therapeutic Cancer Vaccines
    • Other Types
  • Latin America Cancer Vaccines Indication Type Outlook (Revenue, USD Million, 2018-2030)
    • Prostate Cancer
    • Bladder Cancer
    • Melanoma
    • Cervical
    • Other Indications
  • Latin America Cancer Vaccines Technology Type Outlook (Revenue, USD Million, 2018-2030)
    • Recombinant Cancer Vaccines
    • Viral Vector and DNA Cancer Vaccines
    • Other Technologies

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Target buyers of Latin America cancer vaccines market databook

  • Our clientele includes a mix of cancer vaccines market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cancer vaccines market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cancer vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America cancer vaccines market size, by country, 2018-2030 (US$M)

Latin America Cancer Vaccines Market Outlook Share, 2023 & 2030 (US$M)

Latin America cancer vaccines market size, by country, 2018-2030 (US$M)

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