Key Market Indicators
Armenia is projected to see its vaccination coverage for children aged one year fall to 92% by 2028, down from 93% in 2023. This represents an average annual decline of 0.2 percentage points. Historically, since 1997, the country's vaccination coverage has experienced a modest annual increase of 0.2 percentage points. In contrast, Armenian vaccine imports are anticipated to climb to approximately $6.2 million by 2028, up from nearly $5.3 million in 2023. This marks an average annual growth rate of 2.3%. Since 2002, the demand for vaccines in Armenia has risen steadily, with an average annual increase of 3.8%.
