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Front Page » Business » Pharma » Study: World Vaccine Market Will Be Worth $45.1 Billion by 2022
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Study: World Vaccine Market Will Be Worth $45.1 Billion by 2022

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The study specifically acknowledges that there has been an increase in the number of parents who have chosen not to vaccinate their children due to rising concerns about the safety of vaccines.

A new market study by Kalorama Information, LLC of Rockville, MD estimates the value of the world vaccine market at $27.6 billion in 2015—up 11% from $24.7 billion in 2014 and 14% from $23.6 billion in 2013, reports Genetic Engineering Biotechnology News (GEN). According to the study, the market is projected to grow to $45.1 billion by 2022, owing to the continued introduction of new vaccines and the further expansion in the use of current vaccines.1

Pfizer, Inc. and Merck & Co., Inc. of the United States, Sanofi Pasteur SA of France, and GlaxoSmithKline plc (GSK) of the United Kingdom are listed as the top vaccine manufacturers. Pfizer and Merck lead the pack with a combined total market share of $45%. Pfizer posted vaccines sales of more than $6.4 billion last year, with Merck coming in second at $5.9 billion. The remaining 55% of the market is divided up between Sanofi Pasteur, GSK and 12 other companies.1

Pfizer’s success was fueled largely by increased sales of its Prevnar 13 pneumococcal pneumonia vaccine,2 following the decision by the U.S. Centers for Disease Control and Prevention (CDC) in 2014 to recommend routine use of the vaccine by adults over 65 years of age.2 3 Sales for Prevnar 13 alone totaled $6.2 billion in 2015. Pfizer Chief Financial Officer Frank D’Amelio expects sales for the vaccine will remain about even in 2016.2

According to the GEN article, the Kalorama study cites “pricing pressure, product safety and refusal to immunize, obesity, supply shortages, increasing vaccine development efficiency, and innovations in vaccine delivery systems and production” as key issues affecting the vaccine market.1

The study specifically acknowledges that there has been an increase in the number of parents who have chosen not to vaccinate their children due to rising concerns about the safety of vaccines.1

News and reports of vaccine-related illnesses tend to exacerbate the public’s fears and result in higher rates of nonimmunization. In response, the American Academy of Pediatrics launched a Refusal to Vaccinate form in 2013 designed to educate parents about the impact of refusing to vaccinate their children and to document such refusals.1

The market forecast by Kalorama Information contrasts sharply with a more ambitious forecast published last year by Markets and Markets, Inc. of Vancouver, WA. Markets and Markets estimated the global vaccine market would be worth $57.8 billion by 2019 and $100 billion by 2025.4


1 Carlson B. For Struggling Pharma Market, Vaccines Offer Path to RevenueGenetic Engineering Biotechnology News May 23, 2016.
2 Sagonowsky E. For Struggling Pharma Market, Vaccines Offer Path to RevenueFiercePharma Feb. 2, 2016.
3 Centers for Disease Control and Prevention. Use of 13-Valent Pneumococcal Conjugate Vaccine and 23-Valent Pneumococcal Polysaccharide Vaccine Among Adults Aged ≥65 Years: Recommendations of the Advisory Committee on Immunization Practices (ACIP)Morbidity and Mortality Weekly Report Sept. 19, 2014.
4 Cáceres M. Merck Leads World’s Top Vaccine Makers, Novartis OutThe Vaccine Reaction Aug. 28, 2015.

5 Responses to Study: World Vaccine Market Will Be Worth $45.1 Billion by 2022

  1. Site Reply

    June 10, 2016 at 6:20 pm

    If you or a family member has suffered a serious vaccine reaction, injury or death, please consider sharing your experience with others. If we don’t share information and experiences with each other, everybody feels alone and afraid to speak up. Write a letter to the editor if you have a different perspective on a vaccine story that appears in your local newspaper. Make a call in to a radio talk show that is only presenting one side of the vaccine story.

  2. Joan Brigham Reply

    June 18, 2016 at 6:45 am

    Our granddaughter received her “routine” MMR vaccine, and within 5 hours was rushed to the hospital with a temperature of 106. She was in and out of the hospital for 10 weeks, spiking a high temperature, and she almost instantly changed from a normal, giggly, adorable 2 year old into the exact opposite. When she was 13, she was diagnosed with Asperger’s Syndrome and has too many issues to detail here. At 19 she is categorized as disabled, will never work, or mainstream into society. When my daughter originally sought treatment for my granddaughter, she was treated as though SHE was the one with a mental disorder.

  3. Ellen Rixford Reply

    June 22, 2016 at 5:36 pm

    As more and more children are damaged by the toxic chemicals in vaccines, there will be more and more people who will be affected. The children, their families, and their friends must make their voices heard. Contact your state and federal representatives and demand that they reverse the legislation protecting the pharmaceutical companies from the consequences of their vaccines. We should consider demonstrating at the offices of elected officials, and lobbying them to protect our children. The pharmaceutical companies have over 600 lobbyists in Washington…..far more than congresspeople and senators combined! Until we make a huge public issue of this, pharmaceutical companies will harm and kill people for profit.

    Ellen Rixford

  4. Robert L . Wachsmuth sr . Reply

    June 22, 2016 at 9:27 pm

    Modern-day cannablism , Doctors using mutilation. and Death to increase profit margins . Any injuries from Vaccinations will be filled into the Government’s Database, (the Garbage). The Government using Vaccine injury to build the Nation’s Gross domestic product. Disease Mongering Drug COMPANIES to get every American Citizen hooked on at least 5 prescriptions. American Medical Association Organized Crime Legalized Murder . KILLING MY FAMILY .

  5. Robert L . Wachsmuth sr . Reply

    June 22, 2016 at 9:40 pm

    CONTACT HILARY CLINTON AND TELL HER TO MAKE SURE HER GRAND CHILDREN ARE FULLY Vaccinated . Hilary Care and Obama Care paying for your own DEATH .

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