Revenue, 2020 (US$M)
$16,012.8
Forecast, 2028 (US$M)
$30,873.7
CAGR, 2021 - 2028
8.6%
Report Coverage
Worldwide

Global covid-19 vaccine development tools market, 2020-2028 (US$M)

Global covid-19 vaccine development tools market highlights

  • The global covid-19 vaccine development tools market generated a revenue of USD 16,012.8 million in 2020 and is expected to reach USD 30,873.7 million by 2028.
  • The market is expected to grow at a CAGR (2021 - 2028) of 8.6% by 2028.
  • In terms of segment, laboratory technologies accounted for a revenue of USD 15,263.2 million in 2020.
  • Online Technologies is the most lucrative technologies segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2020.
  • Country-wise, China is expected to register the highest CAGR from 2021 to 2028.

Global data book summary

Market revenue in 2020USD 16,012.8 million
Market revenue in 2028USD 30,873.7 million
Growth rate8.6% (CAGR from 2020 to 2028)
Largest segmentLaboratory technologies
Fastest growing segmentOnline Technologies
Historical data covered2020 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationLaboratory Technologies, Online Technologies

Other key industry trends

  • In terms of revenue, the North America accounted for 28.0% of the global covid-19 vaccine development tools market in 2020.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
  • By country, China is the fastest growing regional market and is projected to reach USD 4,077.5 million by 2028.

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COVID-19 Vaccine Development Tools Market Companies

Name Profile # Employees HQ Website

Global covid-19 vaccine development tools 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 covid-19 vaccine development tools market will help companies and investors design strategic landscapes.


Laboratory technologies was the largest segment with a revenue share of 95.32% in 2020. Horizon Databook has segmented the Global covid-19 vaccine development tools market based on laboratory technologies, online technologies covering the revenue growth of each sub-segment from 2020 to 2028.


  • Global COVID-19 Vaccine Development Tools Technologies Outlook (Revenue, USD Million, 2020-2028)
    • Laboratory Technologies
      • Next Generation Sequencing
      • PCR & qPCR
      • Flow Cytometry
      • Spectrometry
      • Microscopy/Electron Microscopy
      • Preparative & Process Chromatography
      • Nucleic Acid Isolation & Purification
      • Transfection Electroporation
      • Cell Culture
      • Automated Liquid Handling
    • Online Technologies
      • Interactive Web Tools
      • Vaccine Management & Tracker Tools
  • Global COVID-19 Vaccine Development Tools Application Outlook (Revenue, USD Million, 2020-2028)
    • Vaccine Research
    • Vaccine Process Development
    • Vaccine Quality Assurance/Quality Control
  • Global COVID-19 Vaccine Development Tools End Use Outlook (Revenue, USD Million, 2020-2028)
    • Pharma & Biopharma Companies
    • Contract Research Organizations (CROs)
    • Academic & Research Institutes

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  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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Target buyers of Global covid-19 vaccine development tools market databook

  • Our clientele includes a mix of covid-19 vaccine development tools 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 global-level data and insights on the Global covid-19 vaccine development tools market , including forecasts for subscribers. This global databook contains high-level insights into Global covid-19 vaccine development tools market from 2020 to 2028, including revenue numbers, major trends, and company profiles.

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Global covid-19 vaccine development tools market size, by regions, 2020-2028 (US$M)

Top 10 countries: Covid-19 vaccine development tools market size, 2020 (US$M)

Global covid-19 vaccine development tools market share, by technologies, 2020 & 2028 (%, US$M)

Covid-19 vaccine development tools market: Opportunity assessment by country

Global covid-19 vaccine development tools market, by region, 2020 (US$M)

Global covid-19 vaccine development tools market size, by regions, 2020-2028 (US$M)

Technologies 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR
North America 4,483.6 4,916.4 5,395.7 5,926.9 6,516.1 7,170.0 7,896.5 8,704.1 8,712.6 8.7%
Europe 4,323.5 4,760.3 5,245.7 5,785.5 6,386.2 7,055.3 7,801.1 8,633.1 8,675.5 9.1%
Asia Pacific 6,345.0 6,919.9 7,553.4 8,251.8 9,022.4 9,873.5 10,814.0 11,854.1 11,799.9 8.1%
Latin America 620.5 680.7 747.4 821.4 903.5 994.6 1,095.9 1,208.5 1,210.2 8.7%
MEA 240.2 264.0 290.4 319.7 352.4 388.6 429.0 473.9 475.5 8.9%
Overall 16,012.8 17,541.3 19,232.5 21,105.3 23,180.6 25,482.1 28,036.4 30,873.7 30,873.7 8.6%

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