Press release
Asia Pacific Vaccine Market to Generates US$ 17.82 billion by 2031., Japan Holds 14% Market Share | APAC Market Growth Projections
Market Size and GrowthAsia Pacific vaccine market reached US$ 12.33 billion in 2023 and is expected to reach US$ 17.82 billion by 2031, growing at a CAGR of 6.1% during the forecast period 2024-2031.
Asia-Pacific (APAC), a powerhouse of economic growth that's also on the front lines of global health battles. Vaccines here aren't just medical tools-they're lifelines, protecting against everything from age-old foes like polio to modern pandemics like COVID-19. As we dive into the APAC vaccine market, we'll explore its booming growth, how shares are divided across key regions, and the driving forces propelling it forward
United States: Recent Industry Developments
✅ February 2026: Zimmer Biomet launched an advanced joint repair system targeting sports-related injuries, improving minimally invasive surgical outcomes.
✅ January 2026: Boston Scientific introduced wearable sensors for real-time monitoring of athlete recovery and injury prevention.
✅ December 2025: Mayo Clinic partnered with AI firms to integrate predictive analytics into sports medicine rehabilitation programs.
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Japan: Recent Industry Developments
✅ February 2026: Olympus Corporation developed orthopedic surgical tools specifically for sports injury treatments.
✅ January 2026: Japan's National Sports Science Center expanded research on injury prevention technologies using motion capture and biomechanics.
✅ December 2025: Taisho Pharmaceutical launched nutraceuticals designed to support recovery from sports-related musculoskeletal injuries.
Major Top Key Players:
Serum Institute of India Pvt. Ltd., Bharat Biotech, CSL, GSK plc, Pfizer Inc., Biological E Limited., Takeda Pharmaceutical Company Limited., Sanofi, Merck & Co., Inc., and Abbott
Emerging Players
SINOVAC, Zhi Fei Biological, and Incepta Pharmaceuticals Ltd.
Key Developments:
United States - February 2026
Pfizer Inc. expanded its mRNA vaccine manufacturing collaboration with APAC biotech firms to strengthen regional supply resilience.
Moderna, Inc. announced technology transfer initiatives supporting localized mRNA production in Southeast Asia.
U.S. Food and Drug Administration (FDA) granted fast-track review for next-generation influenza vaccine candidates targeting APAC distribution.
Japan - January 2026
Takeda Pharmaceutical Company strengthened its dengue vaccine distribution partnerships across Southeast Asia.
Daiichi Sankyo expanded R&D investments in mRNA and recombinant vaccine platforms.
Japan's Ministry of Health accelerated approval timelines for pandemic preparedness vaccine stockpiling initiatives.
Europe - December 2025
GlaxoSmithKline plc enhanced vaccine adjuvant supply agreements to support APAC immunization programs.
Sanofi expanded pediatric combination vaccine exports to Asia-Pacific markets.
European Medicines Agency (EMA) approved updated seasonal vaccine formulations with export clearances to APAC nations.
Growth Forecast Projected:
The Asia-Pacific Vaccine Market is anticipated to rise at a considerable rate during the forecast period, between 2026 and 2033. In 2025, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Latest Mergers & Acquisitions (M&A)
Pfizer and Novavax vaccine partnership: Pfizer agreed a $530 million+ deal to license and collaborate with Novavax on vaccine technology (including Matrix-M adjuvant) - boosting its vaccine portfolio in Asia-Pacific and beyond (announced Jan 2026).
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Key Segmentations:
By Composition: Combination Vaccines, Mono Vaccines
By Type: CD30 Antibodies, Live-Attenuated Vaccines, Inactivated Vaccines, Toxoid Vaccines, Others
By Age Group: Pediatrics, Adults
By Route of Administration: Injectables, Oral, Others
By Application: Pneumococcal Disease, Pneumococcal Disease, Measles, Mumps & Varicella (Chickenpox), DPT (Diphtheria, Pertussis, Tetanus), Hepatitis, Influenza, Typhoid, Meningococcal Disease, Rabies Japanese Encephalitis, Yellow Fever, Others
By End-User: Hospitals & Specialty Clinics, Vaccination Centers, Others
Regional Analysis for Market:
🔹 China: 32% - Strong domestic manufacturing capacity and government-supported immunization programs.
🔹 India: 24% - Major global vaccine supplier with expanding public health initiatives.
🔹 Japan: 14% - Advanced R&D ecosystem and high adoption of innovative vaccines.
🔹 South Korea: 8% - Growing biotech sector and export-driven vaccine production.
🔹 Australia: 6% - Strong regulatory framework and stable immunization coverage.
🔹 Rest of Asia-Pacific: 16% - Rising investments in Southeast Asia and emerging healthcare markets.
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Growth Drivers
✅ Surging Infectious Diseases
Asia-Pacific continues to face a heavy infectious disease burden - from dengue outbreaks in Southeast Asia to hepatitis cases in China. Recurring bacterial and viral threats, including lingering COVID variants, have heightened the urgency around immunization. Pneumococcal infections, in particular, remain widespread, prompting governments to ramp up funding, awareness drives, and vaccine distribution efforts.
✅ Government Immunization Programs and Investments
Large-scale national initiatives are playing a crucial role in expanding vaccine access. Programs such as India's Universal Immunization Programme and China's expanding HPV vaccination campaigns demonstrate strong government commitment. Backed by public-private partnerships and collaborations with global organizations like WHO, these efforts are improving coverage in rural and underserved communities while also encouraging domestic vaccine production.
✅ Technological Innovations
The rapid rise of mRNA technology - accelerated during the COVID-19 pandemic has transformed vaccine development timelines. This platform is now being explored for diseases such as RSV and even certain cancers. Conjugate vaccines continue to dominate due to their strong and lasting immune response, while recombinant and subunit vaccines are witnessing robust growth at a CAGR of 9.6%. Emerging DNA platforms and advanced adjuvants are further enhancing vaccine effectiveness, positioning the market for continued innovation.
✅ Rising Healthcare Expenditure and Awareness
As economies across Asia-Pacific strengthen, healthcare spending is increasing significantly. Countries are investing more in biotechnology research, particularly in innovation hubs like Singapore. Meanwhile, greater public awareness - driven by social media and post-pandemic health education - is encouraging more proactive vaccination, including adult and travel immunizations.
✅ Demographic and Economic Factors
The region's large and aging population is increasing demand for booster vaccines for conditions such as influenza and shingles. Rapid urbanization is also contributing to faster disease transmission, further underscoring the need for immunization. At the same time, strategic expansions and acquisitions by major pharmaceutical companies are accelerating market growth and improving vaccine accessibility across the region.
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✅ Competitive Landscape
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✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
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