Key Market Indicators
Lao Vaccination Coverage for children aged one year is projected to slip to 66% by 2028, down from 67% in 2023. This represents a year-on-year compound annual growth rate (CAGR) decline of 0.3 percentage points. Notably, the country has seen no change in this market since 1986. In a related trend, Lao vaccine imports are expected to decrease significantly. Projections indicate that imports will fall to approximately $373,000 by 2021, down from about $538,000 in 2016. This marks a steep annual decline of 20.7% in CAGR.
