Global Preventable Vaccines Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type of Vaccine;

Live Attenuated Vaccine, Killed Vaccine, Toxoid Vaccine and Genetically Modified/Engineered Vaccine.

By Product Type;

Polysaccharide Vaccines and Conjugate Vaccines.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn124022156 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Preventable Vaccines Market (USD Million), 2021 - 2031

In the year 2024, the Global Preventable Vaccines Market was valued at USD 72,761.05 million. The size of this market is expected to increase to USD 104,767.19 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.

The global preventable vaccines market represents a critical component of public health efforts worldwide, aimed at preventing the spread of infectious diseases and protecting individuals from vaccine-preventable illnesses. Preventable vaccines are designed to stimulate the body's immune system to produce a protective immune response against specific pathogens, thereby reducing the risk of infection, transmission, and associated morbidity and mortality. These vaccines have played a pivotal role in controlling and eradicating diseases such as polio, measles, hepatitis, influenza, and human papillomavirus (HPV), contributing to significant advancements in global health outcomes.

The demand for preventable vaccines is driven by several factors, including increasing awareness about the importance of immunization, government-led vaccination programs, advancements in vaccine technology, and expanding access to healthcare services. Vaccination campaigns and public health initiatives aimed at promoting routine immunization, particularly among children and vulnerable populations, have led to widespread vaccine uptake and contributed to the reduction of vaccine-preventable diseases globally.

The global preventable vaccines market is characterized by a diverse portfolio of vaccines targeting various infectious agents, including bacteria, viruses, and other pathogens. These vaccines are administered through different routes, such as intramuscular injection, oral administration, or nasal spray, depending on the vaccine type and target population. Moreover, ongoing research and development efforts in vaccine development, formulation, and delivery technologies continue to drive innovation and expand the reach of preventive vaccination programs worldwide.

The market for preventable vaccines exhibits variations influenced by factors such as disease prevalence, vaccination coverage rates, healthcare infrastructure, and government policies. Developed regions such as North America and Europe lead in terms of vaccine research, production, and consumption, supported by robust healthcare systems, high vaccination coverage rates, and strong regulatory frameworks. However, emerging economies in Asia-Pacific, Latin America, and the Middle East & Africa present significant growth opportunities, driven by increasing investments in healthcare infrastructure, rising disposable incomes, and expanding immunization programs.

The global preventable vaccines market plays a crucial role in protecting individuals and communities from infectious diseases, contributing to improved health outcomes, reduced healthcare costs, and enhanced quality of life worldwide. With ongoing efforts to develop new vaccines, improve vaccine accessibility and affordability, and strengthen immunization infrastructure, the market is poised for continued growth, driving progress towards the global health agenda of disease prevention and control.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type of Vaccine
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Region
  4. Global Preventable Vaccines Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Awareness and Importance of Immunization
        2. Expanding Vaccination Programs and Government Initiatives
        3. Advancements in Vaccine Technology and Research
      2. Restraints
        1. Vaccine Hesitancy and Misinformation
        2. Logistical Challenges and Vaccine Access
        3. High Development Costs and Regulatory Hurdles
      3. Opportunities
        1. Expansion of Immunization Coverage and Access
        2. Pandemic Preparedness and Emerging Infectious Diseases
        3. Investment in Vaccine Innovation and Product Pipeline
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Preventable Vaccines Market, By Type of Vaccine, 2021 - 2031 (USD Million)
      1. Live Attenuated Vaccine
      2. Killed Vaccine
      3. Toxoid Vaccine
      4. Genetically Modified/Engineered Vaccine
    2. Global Preventable Vaccines Market, By Product Type, 2021 - 2031 (USD Million)
      1. Polysaccharide Vaccines
      2. Conjugate Vaccines
    3. Global Preventable Vaccines Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. GlaxoSmithKline
      2. Merck
      3. Novartis
      4. Pfizer
      5. Sanofi
  7. Analyst Views
  8. Future Outlook of the Market