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)
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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 December 19, 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 December 19, 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: December 19, 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 December 19, 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/