Kuwait Vaccine Industry Outlook 2023

See how Kuwait Vaccine performed compared to key markets.

Key Market Indicators

**Kuwait Achieves 100% Vaccination Coverage for One-Year-Olds** In a remarkable public health milestone, Kuwait has achieved full vaccination coverage for children aged one year. The vaccination rate reached 100 percent in 2023, up from 99 percent in 2022. This marks a 1 percentage point increase over the previous year. Since 1985, the country's vaccination coverage has seen a gradual annual increase of 0.2 percentage points. **Vaccine Imports to Surpass $35 Million by 2028** Kuwait's vaccine import market is projected to grow significantly over the next few years. By 2028, vaccine imports are expected to reach approximately $35.8 million, up from $30.8 million in 2023. This represents a compound annual growth rate (CAGR) of 2.3%. Since 2005, the demand for vaccines in Kuwait has grown at an average rate of 2.9% per year. **Vaccine Exports to Approach $1.53 Million by 2028** The export of vaccines from Kuwait is also on an upward trajectory. By 2028, vaccine exports are anticipated to hit around $1.53 million, rising from $1.22 million in 2023. This growth reflects an average annual increase of 3.4%. Notably, since 2013, Kuwait's vaccine supply for export has surged by 6.5% each year. These figures underscore Kuwait's expanding role in the global vaccine market, both as a consumer and a supplier.

Kuwait Vaccine Market Data and Forecasts

How much will Kuwait Vaccine Market grow?

Forecast: Import of Vaccines for Human Use to Kuwait
Forecast: Export of Vaccines for Human Use from Kuwait
Forecast: Export of Vaccines for Human Use from Kuwait

Other Top Countries about Vaccine