Global Vaccine Market Size & Outlook
The vaccine industry worldwide is expected to reach a projected revenue of US$ 110,538.2 million by 2030. A compound annual growth rate of 5.5% is expected of the worldwide vaccine industry from 2024 to 2030.
Revenue, 2023 (US$M)
$76,077.8
Forecast, 2030 (US$M)
$110,538.2
CAGR, 2024 - 2030
5.5%
Report Coverage
Worldwide
Global vaccine market, 2018-2030 (US$M)
Related Markets
Global vaccine market highlights
- The global vaccine market generated a revenue of USD 76,077.8 million in 2023 and is expected to reach USD 110,538.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.5% by 2030.
- In terms of segment, subunit vaccines accounted for a revenue of USD 25,958.5 million in 2023.
- Subunit Vaccines is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 76,077.8 million |
| Market revenue in 2030 | USD 110,538.2 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Subunit vaccines |
| Fastest growing segment | Subunit Vaccines |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Subunit Vaccines, Inactivated, Live Attenuated, MRNA vaccines, Viral vector vaccines |
Other key industry trends
- In terms of revenue, the North America accounted for 29.3% of the global vaccine market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 4,458.8 million by 2030.
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Vaccine Market Scope
Vaccine market segmentation & scope
Recombinant vaccines
Conjugate Vaccines
Toxoid vaccines
Inactivated
Live Attenuated
mRNA vaccines
Viral vector vaccines
Hepatitis
Influenza
HPV
MMR
Rotavirus
Herpes Zoster
Covid-19
Others
Meningococcal Diseases
Pneumonococal diseases
DPT
Cancer Vaccines
Allergy Vaccines
Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 vaccine market will help companies and investors design strategic landscapes.
subunit vaccines was the largest segment with a revenue share of 34.12% in 2023. Horizon Databook has segmented the Global vaccine market based on subunit vaccines, inactivated, live attenuated, mrna vaccines, viral vector vaccines covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Vaccine Type Outlook (Revenue, USD Million, 2018-2030)
- Subunit Vaccines
- Recombinant vaccines
- Conjugate Vaccines
- Toxoid vaccines
- Inactivated
- Live Attenuated
- mRNA vaccines
- Viral vector vaccines
- Subunit Vaccines
- Global Vaccine Route of Administration Outlook (Revenue, USD Million, 2018-2030)
- Oral
- Parenteral
- Nasal
- Global Vaccine Disease Indication Outlook (Revenue, USD Million, 2018-2030)
- Viral Diseases
- Hepatitis
- Influenza
- HPV
- MMR
- Rotavirus
- Herpes Zoster
- Covid-19
- Others
- Bacterial Diseases
- Meningococcal Diseases
- Pneumonococal diseases
- DPT
- Cancer Vaccines
- Allergy Vaccines
- Viral Diseases
- Global Vaccine Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Hospital & Retail Pharmacies
- Government Suppliers
- Others
- Global Vaccine Age Group Outlook (Revenue, USD Million, 2018-2030)
- Adult
- Pediatric
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Target buyers of Global vaccine market databook
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Our clientele includes a mix of vaccine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 vaccine market , including forecasts for subscribers. This global databook contains high-level insights into Global vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global vaccine market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Vaccine market size, 2023 (USD Million)
Top 10 countries: Vaccine market size, 2023 (USD Million)
Global vaccine market, by region, 2023 (US$M)
Related regional statistics
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