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Stock impact report

Global Vaccine Market Size Expected to Reach USD 186.5 Billion by 2032 with 10.7% CAGR - SNS Insider [Yahoo! Finance]

Dr. Reddy's Laboratories Ltd (RDY) 
US:NYSE Investor Relations: drreddys.com/investors
Company Research Source: Yahoo! Finance
Pune, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Vaccine Market Size & Growth Analysis: According to SNS Insider, The Size was valued at USD 74.7 billion in 2023 and is expected to reach USD 186.5 billion by 2032, growing at a CAGR of 10.7% during the forecast period of 2024-2032. The vaccine market is critical for global public health; it plays the most important role in suppressing infectious diseases, thereby preventing communities from experiencing epidemics. Vaccination has been mandated by many regions around the globe and starts at birth, commencing with vaccinations such as hepatitis B polio, and MMR, which would be considered the backbone of a country's immunization program, including countries like the U.S., Canada, and Australia. With age, other vaccines, such as the HPV vaccine and the meningococcal vaccine, are recommended; booster shots for tetanus and flu are administered in adulthood. Current growth in the vaccine market is driven by increased awareness, government initiat Show less Read more
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