China Vaccine Industry Outlook 2021

Key Market Indicators

China's vaccination coverage for children aged 1 year old reached 99% in 2021, the same as in 2020. This stability has been consistent since 2005. Chinese vaccine import is projected to reach $1.2 billion by 2026, a 4% year-on-year growth rate since 1997. In 2021, the country was in 6th place, overtaken by France with $956.3 million. The United States, the United Kingdom and Germany were 2nd, 3rd and 4th respectively. China's vaccine exports are projected to reach $166.4 million by 2026, growing at a CAGR of 3.9% since 1997. In 2021, Singapore overtook China with $133.3 million and Ireland, the United Kingdom and France took 2nd, 3rd and 4th places respectively.

China Vaccine Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Pharmaceutical Innovation: Exploring Synergies in Antibiotics and Antibody Drugs Development

  Innovation in the pharmaceutical sector, specifically within antibiotics and antibody drugs, is fuelled by a multitude of factors. Increasing antimicrobial resistance necessitates the development of new antibiotics, while complex diseases like cancer and autoimmune disorders demand advanced immunotherapies. Continuous advances in technology and science also play a crucial role, alongside...

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• Vaccine Market Insights: Exploring Trends in Pneumococcal and Meningococcal Immunization

  The pneumococcal vaccine market is predominantly driven by the escalating global burden of pneumococcal diseases, including pneumonia, meningitis, and sepsis. With pneumococcal bacteria as a leading cause of vaccine-preventable deaths worldwide, policymakers and health organizations are ramping up immunization drives, amplifying vaccine demand. Furthermore, the introduction of innovative vaccine variants—quelling...

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• Vaccines Market: Insights into Global Trends and Emerging Forecast Practices

  Worldwide, the vaccine market is propelled forward by a combination of public health imperatives, advances in vaccine development technologies, and various market incentives. Increased rate of infectious diseases boosts the demand for vaccines, thereby expanding the markets. The swift focus on the development and distribution of COVID-19 vaccines is a...

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• Travel Vaccines Market: A Comprehensive Review on Growth, Trends, and Forecast Opportunities

  The market for travel vaccines is fundamentally driven by the swelling global mobility and increased exposure to infectious diseases in developing countries. Effectively, as more people venture overseas, either due to recreational, educational, or business reasons, there is an escalated demand for specialized vaccinations. This market dynamic also reflects the...

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• Global Health Initiatives: The Transformative Impact and Industry Dynamics of Dengue Vaccines

  The dengue vaccine market unravels unparalleled potential towards altering the global public health landscape. The vaccine, formulated to combat one of the most common mosquito-borne illnesses worldwide, bears significant potential to diminish morbidity and mortality. Additionally, the proliferation of such vaccines could catalyze a substantial reduction in healthcare expenses linked...

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