Asia Pacific Vaccines Market is Expected to Reach US$ 12,631.4 Mn in 2027

The Asia Pacific human vaccines market is expected to reach US$ 12,631.4 Mn in 2027 from US$ 7,254.5 Mn in 2018. The market is estimated to grow with a CAGR of 6.4% from 2019-2027.

The growth of the market is driven by the factors such as rising number of awareness programs, campaigns and conferences for vaccination in Asia Pacific and growing vaccine production in Asia Pacific are likely to grow the vaccines market in the forecast period. Whereas, the mistrust on immunization in the Asia Pacific region is likely to impact the growth of the vaccines market during the forecast period.

The Asia Pacific Vaccines Market is growing along with the healthcare industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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Japan is expected to lead the market in the Asia Pacific region due to the presence of major market players, government grants for vaccine research, and the country has strong and growing vaccination programs across the country. The development of the preventive vaccination for various diseases is likely to drive the market for vaccination in the country.

These factors are expected to offer broad growth opportunities in the healthcare industry and this is expected to cause the demand for Asia Pacific Vaccines Market in the market.

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ASIA PACIFIC VACCINES– MARKET SEGMENTATION

By Technology

  • Recombinant vaccines
  • Conjugate Vaccines
  • Live Attenuated Vaccines
  • Inactivated Vaccines
  • Toxoid Vaccines

ASIA PACIFIC VACCINES – MARKET SEGMENTATION

By Disease Indication

  • DTP (diphtheria, tetanus, and pertussis)
  • Influenza
  • Hepatitis
  • Other Diseases

ASIA PACIFIC VACCINES – MARKET SEGMENTATION

By Rout of Administration

  • Oral
  • Injectable
  • Other

ASIA PACIFIC VACCINES – MARKET SEGMENTATION

By Patient Type

  • Adults
  • Pediatric

 

By Country

  • China
  • Japan
  • India
  • Australia
  • South Korea

 

Companies Mentioned

  • PFIZER INC
  • GlaxoSmithKline plc.
  • Merck & Co., Inc.
  • Sanofi
  • Johnson & Johnson Services, Inc
  • Panacea Biotec Limited
  • Astellas Pharma Inc.
  • NOVAVAX, INC.
  • VBI Vaccines Inc
  • Bavarian Nordic

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