According to estimates by Transparency Market Research, the global vaccines market was worth about US$28.0 bn in 2016. As per research experts, this revenue is expected to be worth at least US$48 bn by the end of 2025. This growth is projected to occur at a CAGR of more than 6% during the forecast period ranging from 2017 to 2025.
A dramatic increase in the spread of innumerable diseases all over the globe is primarily driving the global vaccines market.
