Paediatric Vaccine Market Insights: Opportunities in Emerging Economies
The global paediatric vaccine market is poised for unprecedented growth, with its valuation expected to surge from USD 54.13 billion in 2023 to USD 184.71 billion by 2033 , marking a remarkable compound annual growth rate (CAGR) of 13.1% , according to the latest market analysis. This robust trajectory underscores the critical role of immunization in global child health and reflects renewed investment in preventive healthcare solutions. Market Growth Drivers and Key Trends The market’s accelerated expansion is driven by increasing parental awareness , the rising global birth rate , and strong government-backed immunization programs . Heightened public consciousness about diseases like measles, influenza, polio, and hepatitis continues to fuel demand for early childhood vaccination. The pandemic initially disrupted non-COVID paediatric immunization programs, diverting resources to coronavirus vaccine development. However, the sector is...