Live Vaccines Market

By Product Type;

Monovalent Live Vaccines, and Multivalent Live Vaccines

By Disease Live Vaccine;

Hepatitis, Influenza, Meningococcal Disease, Pneumococcal Disease, and Others

By Technology;

Conjugate Vaccines, Inactivated Vaccines, Live Attenuated Vaccines, Recombinant Vaccines, and Toxoid Vaccines

By Route Of Administration;

Intramuscular & Subcutaneous Administration, Oral Administration, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn240550148 Published Date: August, 2025

Live Vaccines Market Overview

Live Vaccines Market (USD Million)

Live Vaccines Market was valued at USD 24,145.68 million in the year 2024. The size of this market is expected to increase to USD 37,769.38 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.


Live Vaccines Market

*Market size in USD million

CAGR 6.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.6 %
Market Size (2024)USD 24,145.68 Million
Market Size (2031)USD 37,769.38 Million
Market ConcentrationMedium
Report Pages320
24,145.68
2024
37,769.38
2031

Major Players

  • Merck & Co. Inc,
  • GlaxoSmithKline plc
  • Pfizer Inc.,
  • NOVARTIS AG
  • Astellas Pharma Inc,
  • Emergent BioSolutions
  • AstraZeneca,
  • Serum Institute of India Pvt. Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Live Vaccines Market

Fragmented - Highly competitive market without dominant players


The Live Vaccines Market is witnessing strong momentum, driven by an increasing emphasis on preventive healthcare solutions. Over 65% of immunization protocols now include live vaccines due to their high efficacy and long-lasting immunity. The demand is supported by strong strategic investments and expanding production capabilities across the industry. Opportunities for growth are becoming more pronounced with the increasing adoption of combination live vaccines in healthcare systems.

Innovation and Technological Advancements
Continuous innovation in genetic engineering and vaccine formulation is enabling the development of more targeted and safer live vaccines. Around 58% of pipeline vaccines in development utilize live attenuated strains, showcasing the expanding R&D focus. Technological advancements in delivery mechanisms and storage are enhancing both distribution efficiency and patient compliance. These trends reflect a promising future outlook for live vaccines across various disease areas.

Strategic Collaborations and Expansion
Over 60% of companies in this market are engaging in collaborations and partnerships to accelerate product development and gain regulatory approvals. The increasing rate of mergers and acquisitions is also transforming the competitive landscape by consolidating expertise and enhancing manufacturing scalability. These strategic moves are fueling market expansion and ensuring faster access to emerging technologies in live vaccine formulations.

Future Outlook and Growth Strategies
With over 67% of health systems integrating live vaccines into routine immunization programs, the market is poised for continued growth. Industry leaders are prioritizing innovation-driven strategies to develop thermostable and needle-free vaccines that can expand access. The focus on technological advancements, combined with robust collaboration frameworks, ensures a resilient and progressive path forward for this essential healthcare segment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Disease Live Vaccine
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Route Of Administration
    5. Market Snapshot, By Region
  4. Live Vaccines Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Government Investments

        2. Healthcare Infrastructure Development

        3. Pandemic Preparedness

        4. Research and Development Funding

      2. Restraints
        1. Logistics challenges

        2. Cold chain requirements

        3. Manufacturing complexities

        4. Vaccine stability issues

      3. Opportunities
        1. Global Health Security

        2. Collaboration and Partnerships

        3. Expansion into Emerging Markets

        4. Targeted Vaccine Development

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Live Vaccines Market, By Product Type, 2021 - 2031 (USD Million)
      1. Monovalent live vaccines
      2. Multivalent live vaccines
    2. Live Vaccines Market, By Disease Live Vaccine, 2021 - 2031 (USD Million)
      1. Pneumococcal Disease
      2. Hepatitis
      3. Influenza
      4. Meningococcal Disease
      5. Others
    3. Live Vaccines Market, By Technology, 2021 - 2031 (USD Million)
      1. Conjugate Vaccines
      2. Inactivated Vaccines
      3. Live Attenuated Vaccines
      4. Recombinant Vaccines
      5. Toxoid Vaccines
    4. Live Vaccines Market, By Route Of Administration, 2021 - 2031 (USD Million)
      1. Intramuscular & subcutaneous Administration
      2. Oral Administration
      3. Others
    5. Live Vaccines Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Merck & Co. Inc,
      2. GlaxoSmithKline plc
      3. Pfizer Inc.,
      4. NOVARTIS AG
      5. Astellas Pharma Inc,
      6. Emergent BioSolutions
      7. AstraZeneca,
      8. Serum Institute of India Pvt. Ltd
  7. Analyst Views
  8. Future Outlook of the Market