China $9 Billion Vaccine Market & Doses Forecast to 2025 By Sector (Private, Public), Disease Type, Products, Company - Opportunity in the Implementation of the Two Child Policy - ResearchAndMarkets.com

DUBLIN--()--The "China Vaccine Market & Doses Forecast By Sector (Private, Public), Disease Type, Products, Company" report has been added to ResearchAndMarkets.com's offering.

China Vaccine Market has great potential due to its vast population; so, its market size is projected to cross over US$ 9 Billion by 2025.

Vaccines are developed to address the public health needs. In China, vaccines are available through the government programmed called Expanded Program on Immunization and are free for all children up to 14 years of age. However private sector vaccines such as Rabies Vaccine, Influenza Vaccine and Haemophilus Influenza Type B vaccine are also available in China but are usually paid for out-of-pocket as these are neither include in government EPI program nor government health insurance schemes.

China vaccine market is divided into public and private vaccine market. Public market is classified by Category 1 whereas and Private vaccines included in Category 2. Vaccines in the public market are regulated by PRC government and generally given free of cost by provincial CDC whereas private vaccine market is dominating by private vaccine companies. As a result, private vaccines prices are higher. China vaccine market has faced several scandals in past couple of years which certainly hinder the vaccine market growth.

Market Dynamics

Growth Drivers

  • High Quality Vaccines
  • Growing Number of Aging Population
  • Increasing Awareness
  • Increasing Government Expenditure
  • Affordability of Vaccines

Challenges

  • Research and Development Capabilities
  • Stringent Quality Management System
  • Long Development Time Frame
  • Intensive Capital Requirement

Opportunities

  • Implementation of Two Child Policy
  • Improving Vaccine Provision and Access

Sectors - Vaccine Market & Doses in China

  • Public
  • Private

Disease Type Market - Meningococcal Meningitis, Pneumococcal and DTP Vaccine Market has significant Market Share in China Vaccine Market

On the basis of disease type, Meningococcal meningitis, Pneumococcal and DTP Vaccine market is expected to control major portion of China vaccine market. Vaccine market in China is segmented into Meningococcal meningitis, Pneumococcal, DTP, Ebola, Rabies & Others.

Products - PCV13 Drives Vaccine Market in China

In terms of products, PCV13 hold the maximum share of the China vaccine market. It is predicted that PCV13 will maintain their leading place during the forecasting period as well. Products included in this report are as follows:

  • MCV4
  • MPSV4
  • MCV2-Hib
  • MCV2
  • MPSV2 and Men A
  • PCV13
  • PPV23

Public and Private Vaccine Market & Doses

This report provides the detailed analysis of public and private vaccine market in China. Report also provides private and public vaccine doses in China.

Company Analysis

All the companies covered in the report has been covered from the following points

  • Overview
  • Recent Development
  • Vaccine Pipeline
  • Revenue Analysis

Key Company Covered - China Vaccine Market

  • Sinopharm Group (China National Biotec Group Company Limited)
  • Sinovac Biotech, Beijing Tiantan Biological Products Corp Ltd
  • Chongqing Zhifei Biological Products Co Ltd
  • Hualan Biological Engineering Inc
  • Liaoning Chengda Co Ltd
  • Walvax Biotechnology Co Ltd

For more information about this report visit https://www.researchandmarkets.com/r/pc8l1d

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900