Global vaccine market growth and technology trends

Overview

The global vaccine sector is experiencing significant growth across different segments. The vaccine delivery device market is projected to expand from $8.1 billion in 2025 to $17.1 billion by 2035, driven by immunization efforts and pandemic preparedness. Technological shifts are noted in this sector, with microneedle patches identified as the fastest-growing category due to improved convenience and reduced cold chain needs.

Simultaneously, the cancer vaccine market is expected to grow from $9.36 billion in 2025 to $18.2 billion by 2030. This growth is attributed to rising cancer incidence and increased research investment, including substantial government funding. Developments include both preventive and therapeutic vaccines, with major industry players such as Merck & Co., Pfizer, and the Serum Institute of India contributing to the market.

Entities

GlaxoSmithKline · AstraZeneca · PharmaJet · Serum Institute of India · Merck & Co.

Timeline

1 day ago

[HEALTH] 2 sources
Cancer vaccine market projected to reach $18.2 billion by 2030
The global cancer vaccine market is forecasted to reach $18.2 billion by 2030, fueled by rising research investment and advancements in immunotherapy and vaccine technology.
7 days ago

[BUSINESS] 2 sources
Vaccine delivery device market projected to reach $17.1 billion by 2035
The global vaccine delivery device market is projected to reach $17.1 billion by 2035, driven by needle-free technologies and expanding immunization programs worldwide.

Sources

dreamnews.jp · mimemo.io · the-miyanichi.co.jp