Press release
Global Travel Vaccines Market: Anticipated Growth, Key Players, and Emerging Trends
Travel Vaccines Market
What Is The Projected Market Size Of The Global Travel Vaccines Market And Its Growth Rate?
• The travel vaccines market has shown vigorous growth in recent years, growing from $4.73 billion in 2024 to $5.14 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%.
• The growth in the historic period was largely driven by increased international travel, government initiatives for travel health, and expansion of the travel and tourism industry.
• Forecasts show a continued strong growth trend, with the market size anticipated to reach $7.49 billion in 2029 at a CAGR of 9.9%, primarily due to increasing business travel, emerging infectious disease threats, and rising demand for exotic destinations.
What Is Driving The Growth In The Travel Vaccines Market?
The exponential increase in travel and tourism activities worldwide is propelling the growth of the travel vaccine market. Travel and tourism involve the movement of people or things, including vehicles like trains, boats, airplanes, and other conveyances, between various remote geographic areas. Travel vaccines act as health shields for tourists and travelers, safeguarding their health during their overseas trips. A significant boost in international tourism, as reported by the United Nations World Tourism Organization (UNWTO), implicates a higher demand for travel vaccines and thus contributes to the market growth.
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Who Are the Key Players Driving Travel Vaccines Market Growth?
• Pfizer Inc.
• Johnson and Johnson
• Merck & Co. Inc.
• Sanofi SA
• GlaxoSmithKline plc
• Biological E. Limited
• Takeda Pharmaceutical Company Limited
• Novavax Inc.
• Emergent BioSolutions UK
• Serum Institute of India Pvt. Ltd.
• Dynavax Technologies
• Bavarian Nordic A/S
• Valneva SE
• Panacea Biotec
• Vabiotech
• Inovio Pharmaceuticals
• Bharat Biotech International Limited
• Altimmune Inc.
• Bio Farma
• Vaxart Inc.
What Are The Key Trends In The Travel Vaccines Market?
Key trends in the travel vaccines market include:
• Tailored vaccination strategies
• Expansion of the market to non-endemic regions
• Adoption of digital health technologies
• Regulatory support and streamlined approvals
• Innovative developments
What Are The Segments Of The Global Travel Vaccines Market?
• By Disease: Hepatitis A, Diphtheria, Pertussis, And Tetanus (DPT), Yellow Fever, Typhoid, Hepatitis B, Measles And Mumps, Rabies, Meningococcal, Other Diseases
• By Composition: Mono Vaccines, Combination Vaccines
• By Booking Channel: Online Booking, In-Person Booking
• By Application: Domestic Travel, Outbound Travel
Which Region Leads The Travel Vaccines Market?
In 2024, North America was the largest region in the travel vaccines market, with Asia-Pacific anticipated to emerge as the fastest-growing region in the forecast period. The regions encompassing the global travel vaccines market extend from Asia-Pacific, Western Europe, Eastern Europe, North America, South America, to the Middle East and Africa.
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What Is Covered In The Travel Vaccines Market Global Market Report?
- Market Size Analysis: Analyze the Travel Vaccines Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Travel Vaccines Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Travel Vaccines Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Travel Vaccines Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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