In 2020, the market size of the vaccine industry in China surpassed 75 billion yuan. In the past decade, the industry grew significantly, with the sales revenue of class II vaccines, which were not covered by mandatory vaccination programs of the government, more than doubled since 2015. The market is expected to grow further, to an overall size exceeding 200 billion yuan in 2025.
Market size of vaccines in China from 2016 to 2020, with estimates until 2025, based on sales revenue
(in billion yuan)
Characteristic
Market size in billion yuan
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Frost & Sullivan. (March 9, 2022). Market size of vaccines in China from 2016 to 2020, with estimates until 2025, based on sales revenue (in billion yuan) [Graph]. In Statista. Retrieved September 08, 2024, from https://www.statista.com/statistics/979820/china-vaccine-market-size/
Frost & Sullivan. "Market size of vaccines in China from 2016 to 2020, with estimates until 2025, based on sales revenue (in billion yuan)." Chart. March 9, 2022. Statista. Accessed September 08, 2024. https://www.statista.com/statistics/979820/china-vaccine-market-size/
Frost & Sullivan. (2022). Market size of vaccines in China from 2016 to 2020, with estimates until 2025, based on sales revenue (in billion yuan). Statista. Statista Inc.. Accessed: September 08, 2024. https://www.statista.com/statistics/979820/china-vaccine-market-size/
Frost & Sullivan. "Market Size of Vaccines in China from 2016 to 2020, with Estimates until 2025, Based on Sales Revenue (in Billion Yuan)." Statista, Statista Inc., 9 Mar 2022, https://www.statista.com/statistics/979820/china-vaccine-market-size/
Frost & Sullivan, Market size of vaccines in China from 2016 to 2020, with estimates until 2025, based on sales revenue (in billion yuan) Statista, https://www.statista.com/statistics/979820/china-vaccine-market-size/ (last visited September 08, 2024)
Market size of vaccines in China from 2016 to 2020, with estimates until 2025, based on sales revenue (in billion yuan) [Graph], Frost & Sullivan, March 9, 2022. [Online]. Available: https://www.statista.com/statistics/979820/china-vaccine-market-size/