Report Overview

The human papillomavirus (HPV) vaccine market was valued at USD 5.22 billion in 2023 driven by the rising incidence of HPV-related disease and technological advancements in vaccine technology across the 8 major markets. It is expected to grow at a CAGR of 11.60% during the forecast period 2024-2032 and attain a market value of USD 13.96 billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Human Papillomavirus (HPV) Vaccine Market Size

The global human papillomavirus (HPV) vaccine market attained a value of nearly USD 5.22 billion in 2023. The market is estimated to grow in the forecast period of 2024-2032 at a CAGR of 11.60% to reach about USD 13.96 billion by 2032.

 

Human Papillomavirus (HPV) Vaccine Market Report Snapshots

Human Papillomavirus (HPV) Vaccine Market Size

Human Papillomavirus (HPV) Vaccine Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global human papillomavirus (HPV) vaccine market attained a value of nearly USD 5.22 billion.

The market is assessed to grow at a CAGR of 11.60% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach almost USD 13.96 billion by 2032.

The major market drivers are the growing awareness regarding human papillomavirus, the rising incidences of HPV-associated cancers, the increasing healthcare facilities.

The key market trends guiding the growth of the market include the introduction of various government initiatives to boost HPV vaccination, the growing incidences of HPV-related malignancies, and developing healthcare infrastructure.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various types of human papillomavirus virus (HPV) vaccine in the market are bivalent and polyvalent.

The different distribution channel of human papillomavirus (HPV) vaccine include hospital and retail pharmacies and government suppliers, among others.

The significant indications of human papillomavirus (HPV) vaccine in the market are genital warts and HPV associated cancer.

The major diseases of human papillomavirus (HPV) vaccine, include systemic human papillomavirus vaccine and localised human papillomavirus vaccine.

The major players in the market are Merck & Co., Inc., GlaxoSmithKline plc., Johnson & Johnson Services, Inc., Serum Institute of India Pvt. Ltd., and Bavarian Nordic A/S, among others.

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