Global Human Vaccines Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vaccine Type;

Conjugate, Recombinant, Conjugate Vaccines, Inactivated, Combination, Attenuated, and Others

By Administration Route;

Intramuscular, Subcutaneous, Oral, and Intradermal

By Product;

Pneumococcal, Influenza, Hepatitis, HPV, Meningococcal, Rotavirus, Measles & Rubella, Typhoid, Combination, and Others

By Target Disease;

Infectious Diseases, Oncological Diseases, and Autoimmune Diseases

By Distribution Channel;

Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn358635304 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Human Vaccines Market (USD Million), 2021 - 2031

Human Vaccines Market was valued at USD 39,566.40 million in the year 2024. The size of this market is expected to increase to USD 54,935.81 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.


Global Human Vaccines Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.8 %
Market Size (2024)USD 39,566.40 Million
Market Size (2031)USD 54,935.81 Million
Market ConcentrationHigh
Report Pages345
39,566.40
2024
54,935.81
2031

Major Players

  • AstraZeneca
  • Bavarian Nordic
  • Bharat Biotech
  • CSL Limited
  • Emergent BioSolutions
  • GlaxoSmithKline plc
  • Johnson & Johnson
  • Merck

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Human Vaccines Market

Fragmented - Highly competitive market without dominant players


The Human Vaccines Market is witnessing substantial growth, driven by the increasing focus on preventive healthcare and the critical role of vaccines in infection control. With over 80% of the population receiving essential vaccines, the demand for effective immunization solutions remains high, significantly reducing healthcare burdens and improving public health outcomes.

Advancements in Vaccine Technology
The rapid evolution of vaccine technologies has transformed the industry, with innovative platforms like mRNA and viral vector vaccines gaining prominence. These cutting-edge approaches now contribute to nearly 60% of the market, facilitating swift responses to emerging health threats and enhancing overall vaccine production efficiency.

Government Support and Public Health Initiatives
Robust government support and proactive public health policies are key factors driving market growth. Many governments allocate over 40% of their healthcare budgets to immunization programs, emphasizing the importance of disease prevention and widespread vaccine access to strengthen population health.

Rising R&D Investments
Significant investments in vaccine R&D reflect the sector's commitment to combating emerging viral threats. Approximately 30% of the total biopharmaceutical R&D spending is directed towards vaccine development, underscoring the priority placed on next-generation vaccines to address evolving public health.

Growing Popularity of Combination Vaccines
The demand for combination vaccines, which provide broad protection with fewer doses, is on the rise due to their cost-effectiveness and convenience. These vaccines now make up over 45% of the total vaccine market, highlighting their critical role in modern immunization strategies aimed at enhancing patient compliance and reducing healthcare costs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vaccine Type
    2. Market Snapshot, By Administration Route
    3. Market Snapshot, By Product
    4. Market Snapshot, By Target Disease
    5. Market Snapshot, By Distribution Channel
    6. Market Snapshot, By Region
  4. Global Human Vaccines Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Disease Burden
        2. Rising Global Population
        3. Government Immunization Programs
        4. Technological Advancements in Vaccine Development
      2. Restraints
        1. Vaccine Hesitancy and Misinformation
        2. High Development Costs
        3. Stringent Regulatory Requirements
      3. Opportunities
        1. Expansion of Immunization Programs
        2. Development of Novel Vaccines
        3. Increasing Investments in Preventive Healthcare
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Human Vaccines Market, By Vaccine Type, 2021 - 2031 (USD Million)
      1. Conjugate
      2. Recombinant
      3. Conjugate Vaccines
      4. Inactivated
      5. Combination
      6. Attenuated
      7. Others
    2. Global Human Vaccines Market, By Administration Route, 2021 - 2031 (USD Million)
      1. Intramuscular
      2. Subcutaneous
      3. Oral
      4. Intradermal
    3. Global Human Vaccines Market, By Product, 2021 - 2031 (USD Million)
      1. Pneumococcal
      2. Influenza
      3. Hepatitis
      4. HPV
      5. Meningococcal
      6. Rotavirus
      7. Measles & Rubella
      8. Typhoid
      9. Combination
      10. Others
    4. Global Human Vaccines Market, By Target Disease, 2021 - 2031 (USD Million)
      1. Infectious Diseases
      2. Oncological Diseases
      3. Autoimmune Diseases
    5. Global Human Vaccines Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hospital Pharmacies
      2. Retail Pharmacies
      3. Online Pharmacies
    6. Global Human Vaccines Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AstraZeneca
      2. Bavarian Nordic
      3. Bharat Biotech
      4. CSL Limited
      5. Emergent BioSolutions
      6. GlaxoSmithKline plc
      7. Johnson & Johnson
      8. Merck
  7. Analyst Views
  8. Future Outlook of the Market