Unlike other drugs used to treat the diseases, vaccines completely prevent the disease and thus became the effective way of treatment for many dangerous life threatening diseases. Immunization or Vaccination is generally done in childhood age to protect against the infection. Various forms of vaccinations were discovered. There by discussions will be on different types of vaccines for infections, their research and development stages etc..
Global vaccines market is estimated to reach $58.4 billion by 2024 from $41.7 billion in 2019, at a CAGR of 7.0% during the forecast period. This is driven by the rise in prevalence of infectious diseases and vaccines are considered the best way to prevent these infectious diseases.
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Market Analysis: The vaccines and immunizations market is entering 2025 on a strong growth trajectory, with revenues estimated at nearly USD 84 billion and projected to reach close to USD 115 billion by 2030, representing a sustained CAGR of about 6–7%. This expansion is being fueled by steady global demand for influenza, HPV, and pediatric vaccines, alongside heightened adoption of adult immunization programs and booster campaigns for respiratory illnesses. A particularly dynamic segment is mRNA-based vaccines, which account for more than USD 10 billion in 2025 and are forecast to nearly double to USD 18 billion by 2030 at an impressive ~12% CAGR, underlining the growing role of novel platforms in shaping the future of preventive care. Forward-looking analyses suggest that if next-generation delivery systems and therapeutic vaccines achieve wider clinical adoption, the overall market could surpass USD 150 billion by the mid-2030s. Numerically, this positions vaccines and immunizations as one of the most resilient sectors in healthcare, balancing predictable baseline demand with high-growth opportunities in innovation-driven subsegments.
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