The Dominican Republic Vaccine Industry Outlook 2024 - 2028

See how the Dominican Republic Vaccine performed compared to key markets.

Key Market Indicators

**Dominican Vaccination Coverage Steady at 88% for 1-Year-Olds** By 2028, the vaccination coverage for children aged one in the Dominican Republic is projected to remain at 88%, showing no change from the same percentage in 2023. The market has seen a slight annual decline of 0.2 points since 2005. **Significant Growth in Vaccination for One-Year-Olds** In contrast, another set of data indicates a promising increase in vaccination coverage for one-year-olds. The coverage is expected to rise to 98% by 2028 from 94% in 2023, marking an annual growth rate of 0.6 points since 1985. Over the years, the market has notably increased by 1.1 points annually. **Rising Demand for Vaccine Imports** The Dominican Republic's vaccine import demand is also on the rise. By 2028, vaccine imports are forecasted to reach approximately $27.4 million, up from $24 million in 2023, reflecting an annual growth rate of 1.9%. Since 2006, the demand has grown by an average of 3.3% per year. **Sharp Decline in Vaccine Exports** However, the vaccine export sector has faced significant challenges. In 2016, exports plummeted to just $20 from $102,750 in 2015, representing a dramatic 100% decrease. Since 2007, the supply has decreased sharply by 87.1% annually.

The Dominican Republic Vaccine Market Data and Forecasts

How much will the Dominican Republic Vaccine Market grow to 2028?

Forecast: Import of Vaccines for Human Use to Dominican Republic
Forecast: Polio Vaccine Third Dose (Pol3) Immunization Coverage in Dominican Republic

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