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Link to original content: https://www.statista.com/statistics/1312596/china-class-ii-vaccine-market-size/
China: class II vaccine market size | Statista

Market size of class II vaccines in China 2015-2020

Published by
Wenyi Zhang,
Jun 26, 2023
The market for class II vaccines grew significantly in the past decade. The size of the market grew from around 20 billion yuan to almost 50 billion yuan in 2020. With the release volume of the vaccine expected to rise further, the market also demonstrated its potential. As class II vaccines are not covered by the government's free and mandatory vaccination programs, the sector is subject to more competition, while manufacturers generally have higher profit margins.

Market size of class II vaccine industry in China from 2015 to 2020 (in billion yuan)

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Release date

July 2021

Region

China

Survey time period

2015 to 2020

Supplementary notes

One yuan equals to approximately 0.15 U.S. dollars and 0.14 euros (as of June 2022).

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Background

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Market overview

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Class I vaccines

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Class II vaccines

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International trade

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Vaccine industry in ChinaCoronavirus COVID-19 in ChinaPharmaceutical industry in ChinaInsurance industry in ChinaAging population in China
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