UAE Vaccine Market Size & Outlook, 2023-2030
UAE vaccine market, 2018-2030 (US$M)
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UAE vaccine market highlights
- The UAE vaccine market generated a revenue of USD 312.7 million in 2023 and is expected to reach USD 483.1 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, subunit vaccines was the largest revenue generating type in 2023.
- Subunit Vaccines is the most lucrative type segment registering the fastest growth during the forecast period.
Vaccine market data book summary
| Market revenue in 2023 | USD 312.7 million |
| Market revenue in 2030 | USD 483.1 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Subunit vaccines |
| Fastest growing segment | Subunit Vaccines |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Subunit Vaccines, Inactivated, Live Attenuated, MRNA vaccines, Viral vector vaccines |
| Key market players worldwide | Serum Institute of India Pvt. Ltd., CSL Ltd, Sanofi SA, GSK PLC, Merck & Co Inc, Pfizer Inc, Sinovac Biotech Ltd, BioNTech SE ADR, AstraZeneca PLC, Moderna Inc |
Other key industry trends
- In terms of revenue, UAE accounted for 0.4% of the global vaccine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa vaccine market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 483.1 million by 2030.
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Vaccine Market Scope
Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE 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 UAE 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.
The UAE pharmaceuticals market is rapidly growing. Although the UAE currently imports the majority of its pharmaceuticals, this scenario is changing, and some international pharmaceutical giants have partnered with UAE companies to manufacture products locally. The COVID-19 pandemic has increased the country’s focus on investing in life sciences, both domestically and internationally.
Although influenza is generally not considered a serious illness, some people are at a higher risk of contracting the disease and developing serious complications than others. Children below 2 years, elderly over 65, healthcare workers in long-term care & hospital facilities, immunocompromised individuals, pregnant women suffering from chronic diseases, such as diabetes, asthma, kidney, liver, and heart diseases.
In addition, the presence of immunization guidelines by the Ministry of Health and Prevention and Department of Health- Abu Dhabi providing in-depth information on meningitis and its vaccines, such as Menactra, Mencevax, Menomune, and Menveo, boost market growth.
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Target buyers of UAE 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 country-level data and insights on the UAE vaccine market , including forecasts for subscribers. This country databook contains high-level insights into UAE vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE vaccine market size, by type, 2018-2030 (US$M)
UAE Vaccine Market Outlook Share, 2023 & 2030 (US$M)
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