Market size of class I vaccines in China 2015-2020
The market size of class I vaccines is declining in China. While the lot release volume of class I vaccines in 2020 were only around 60 percent of the number in 2013, the market size also dropped from 4.5 billion yuan in 2015 to 2.9 billion yuan in 2020. The market will shrink further due to the drop in birth numbers in China. Class I vaccines are free and mandatory vaccines provided by the government, mainly aiming at preventing diseases among children.
