China Shingles Vaccine Market Size & Outlook, 2023-2030

The shingles vaccine market in China is expected to reach a projected revenue of US$ 247.9 million by 2030. A compound annual growth rate of 18.8% is expected of China shingles vaccine market from 2024 to 2030.
Revenue, 2023 (US$M)
$74.4
Forecast, 2030 (US$M)
$247.9
CAGR, 2024 - 2030
18.8%
Report Coverage
China

China shingles vaccine market highlights

  • The China shingles vaccine market generated a revenue of USD 74.4 million in 2023 and is expected to reach USD 247.9 million by 2030.
  • The China market is expected to grow at a CAGR of 18.8% from 2024 to 2030.
  • In terms of segment, shingrix was the largest revenue generating product in 2023.
  • Shingrix is the most lucrative product segment registering the fastest growth during the forecast period.


Shingles vaccine market data book summary

Market revenue in 2023USD 74.4 million
Market revenue in 2030USD 247.9 million
Growth rate18.8% (CAGR from 2023 to 2030)
Largest segmentShingrix
Fastest growing segmentShingrix
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationShingrix, Zostavax
Key market players worldwideMerck & Co Inc, Skye Bioscience Inc Ordinary Shares, Green Cross Health Ltd, Barinthus Biotherapeutics PLC ADR, CanSino Biologics Inc Class H, GSK PLC, GeneOne Life Science


Other key industry trends

  • In terms of revenue, China accounted for 1.7% of the global shingles vaccine market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan shingles vaccine market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 145.3 million by 2030.

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Shingles Vaccine Market Companies

Name Profile # Employees HQ Website

China 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 82.39% in 2023. Horizon Databook has segmented the China shingles vaccine market based on shingrix, zostavax covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of China shingles vaccine market databook

  • Our clientele includes a mix of shingles vaccine 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China shingles vaccine market , including forecasts for subscribers. This country databook contains high-level insights into China shingles vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China shingles vaccine market size, by product, 2018-2030 (US$M)

China Shingles Vaccine Market Outlook Share, 2023 & 2030 (US$M)

China shingles vaccine market size, by product, 2018-2030 (US$M)

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