Pediatric Vaccine Market

By Vaccine Type;

Monovalent Vaccines, and Multivalent Vaccines

By Technology;

Conjugate Vaccine, Inactivated or Killed Vaccine, Live or Attenuated Vaccine, Recombinant Vector Vaccine, Subunit Vaccine, and Toxoid Vaccine

By Indication;

DTP Vaccine, Influenza, Meningococcal Vaccine, MMR Vaccine, Pneumococcal Conjugate Vaccine, Polio Vaccine, Rotavirus Vaccine, and Varicella Virus Vaccine

By End Use;

Hospital Pharmacies, Institutional Health Centres, and Retail Pharmacies

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn104179980 Published Date: June, 2025 Updated Date: July, 2025

Paediatric Vaccine Market Overview

Paediatric Vaccine Market (USD Million)

Paediatric Vaccine Market was valued at USD 50,771.96 million in the year 2024. The size of this market is expected to increase to USD 99,571.53 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.1%.


Pediatric Vaccine Market

*Market size in USD million

CAGR 10.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.1 %
Market Size (2024)USD 50,771.96 Million
Market Size (2031)USD 99,571.53 Million
Market ConcentrationLow
Report Pages381
50,771.96
2024
99,571.53
2031

Major Players

  • GlaxoSmithKline plc
  • Merck & Co., Inc.
  • Pfizer Inc.
  • Sanofi
  • Johnson & Johnson
  • Novavax, Inc.
  • AstraZeneca plc
  • Bharat Biotech
  • Sinovac Biotech Ltd.
  • Serum Institute of India Pvt. Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Pediatric Vaccine Market

Fragmented - Highly competitive market without dominant players


The Paediatric Vaccine Market is witnessing strong momentum, driven by increasing immunization awareness and the emergence of advanced vaccine technologies. Over 65% of healthcare providers have enhanced their paediatric vaccine initiatives due to improved accessibility and innovation. Strategic efforts toward universal immunization coverage have significantly elevated vaccine deployment across institutional channels. This expansion is also backed by supportive health agendas and collaborative efforts between public and private sectors.

Technological Innovations in Vaccine Development
Modern biotechnology platforms are reshaping the paediatric vaccine landscape, enabling the creation of highly effective and safer vaccine formulations. With over 52% of the market now driven by recombinant and conjugate technologies, manufacturers are investing in innovative delivery systems and formulation methods. These technological advancements are not only increasing efficacy but also supporting long-term immunity. The push toward next-generation vaccines is opening new avenues for product development and optimization.

Opportunities for Growth and Investment
The market is presenting multiple growth opportunities as healthcare agencies continue to prioritize preventive care and reduce disease burden through vaccination. Around 55% of healthcare investors are shifting focus toward paediatric immunization technologies, driven by increasing demand and favorable returns. This trend is creating room for new entrants and expansion by established firms. Stakeholders are leveraging this momentum by adopting scalable production strategies and digital health integration.

Future Outlook and Strategic Focus
The future outlook for the Paediatric Vaccine Market remains highly promising, with continuous emphasis on research, innovation, and policy alignment. More than 60% of industry leaders are prioritizing long-term partnerships and sustainable vaccine pipelines to meet evolving healthcare demands. Emphasis on technological advancements such as mRNA platforms and AI-based surveillance tools is expected to further enhance vaccine responsiveness. As expansion progresses, the market is poised to remain a central focus of public health strategies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vaccine Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Indication
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Paediatric Vaccine Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Expanding Immunization Programs
        2. Increasing Awareness of Vaccination
        3. Advancements in Vaccine Development
      2. Restraints
        1. Vaccine Hesitancy
        2. Supply Chain Issues
        3. Disparities in Vaccine Access
      3. Opportunities
        1. Introduction of Combination Vaccines
        2. Innovations in Vaccine Platforms
        3. Improvements in Vaccine Delivery Systems
    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. Paediatric Vaccine Market, By Vaccine Type, 2021 - 2031 (USD Million)
      1. Monovalent Vaccines
      2. Multivalent Vaccines
    2. Paediatric Vaccine Market, By Technology, 2021 - 2031 (USD Million)
      1. Live or Attenuated Vaccine
      2. Inactivated or Killed Vaccine
      3. Toxoid Vaccine
      4. Conjugate Vaccine
      5. Subunit Vaccine
      6. Recombinant Vector Vaccine
    3. Paediatric Vaccine Market, By Indication, 2021 - 2031 (USD Million)
      1. Pneumococcal Conjugate Vaccine
      2. DTP Vaccine
      3. Influenza
      4. Meningococcal Vaccine
      5. Polio Vaccine
      6. Rotavirus Vaccine
      7. MMR Vaccine
      8. Varicella Virus Vaccine
    4. Paediatric Vaccine Market, By End Use, 2021 - 2031 (USD Million)
      1. Hospital Pharmacies
      2. Retail Pharmacies
      3. Institutional Health Centres
    5. Paediatric Vaccine 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. GlaxoSmithKline plc
      2. Merck & Co., Inc.
      3. Pfizer Inc.
      4. Sanofi
      5. Johnson & Johnson
      6. Novavax, Inc.
      7. AstraZeneca plc
      8. Bharat Biotech
      9. Sinovac Biotech Ltd.
      10. Serum Institute of India Pvt. Ltd.
  7. Analyst Views
  8. Future Outlook of the Market