Global Shingles Vaccine Market Size & Outlook, 2023-2030
Global shingles vaccine market, 2018-2030 (US$M)
Related Markets
Global shingles vaccine market highlights
- The global shingles vaccine market generated a revenue of USD 4,249.5 million in 2023 and is expected to reach USD 11,092.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.7% by 2030.
- In terms of segment, shingrix accounted for a revenue of USD 3,980.7 million in 2023.
- Shingrix is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,249.5 million |
| Market revenue in 2030 | USD 11,092.4 million |
| Growth rate | 14.7% (CAGR from 2023 to 2030) |
| Largest segment | Shingrix |
| Fastest growing segment | Shingrix |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shingrix, Zostavax, SkyZoster |
Other key industry trends
- In terms of revenue, the North America accounted for 62.5% of the global shingles vaccine market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 6.3 million by 2030.
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Shingles Vaccine Market Scope
Shingles Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global shingles vaccine 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 shingles vaccine market will help companies and investors design strategic landscapes.
Shingrix was the largest segment with a revenue share of 93.67% in 2023. Horizon Databook has segmented the Global shingles vaccine market based on shingrix, zostavax, skyzoster covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Shingles Vaccine Product Outlook (Revenue, USD Million, 2018-2030)
- Shingrix
- Zostavax
- SkyZoster
- Global Shingles Vaccine Vaccine Type Outlook (Revenue, USD Million, 2018-2030)
- Recombinant vaccines
- Live-attenuated vaccines
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Our clientele includes a mix of shingles vaccine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global shingles vaccine market , including forecasts for subscribers. This global databook contains high-level insights into Global shingles vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global shingles vaccine market size, by regions, 2018-2030 (US$M)
Top 10 countries: Shingles vaccine market size, 2023 (US$M)
Global shingles vaccine market share, by product, 2023 & 2030 (%, US$M)
Shingles vaccine market: Opportunity assessment by country
Global shingles vaccine market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,053.7 | 2,344.3 | 2,352.1 | 1,890.8 | 2,421.6 | 2,657.7 | 2,932.6 | 3,331.7 | 3,854.1 | 4,542.4 | 5,417.3 | 6,145.3 | 6,841.2 | 14.5% |
| Europe | 106.0 | 179.8 | 357.2 | 490.0 | 933.0 | 1,040.9 | 1,158.8 | 1,316.7 | 1,523.8 | 1,796.3 | 2,134.2 | 2,440.2 | 2,769.2 | 15.0% |
| Asia Pacific | 136.4 | 192.0 | 248.7 | 210.5 | 448.7 | 504.0 | 560.8 | 633.8 | 723.7 | 830.8 | 959.0 | 1,144.4 | 1,384.2 | 15.5% |
| Latin America | 16.9 | 17.6 | 18.1 | 18.8 | 19.7 | 21.2 | 33.2 | 36.9 | 40.6 | 44.8 | 49.6 | 54.5 | 59.3 | 15.8% |
| MEA | 11.3 | 11.7 | 12.1 | 12.6 | 13.1 | 25.6 | 27.2 | 28.9 | 30.7 | 32.6 | 34.5 | 36.5 | 38.5 | 6.0% |
| Overall | 1,324.1 | 2,745.3 | 2,988.1 | 2,622.6 | 3,836.1 | 4,249.5 | 4,712.6 | 5,347.9 | 6,172.8 | 7,246.9 | 8,594.6 | 9,820.8 | 11,092.4 | 14.7% |
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