The Concept

Vaccination programs save millions of lives every year across the world. With more than 100 million children are immunized each year; global immunization coverage has never been higher. Sources indicate that the global market for vaccines is expected to reach USD 48.03 Billion by 2021 from USD 32.24 Billion in 2016 at a CAGR of 8.3% from 2016 to 2021.

The key drivers driving the growth of this market are high prevalence of diseases, rising government and nongovernment funding for vaccine development, increasing investments by companies, and increasing focus on immunization programs.

With factors such as advances in immunology, genetics and vaccine technology as well as increased demand from population growth in emerging economies, the global vaccine market is expected to surpass estimated USD 100 billion by 2025.  The economies of developing countries for example, India is growing at a tremendous speed and it is expected to grow 10-15% within the next decade.

Industry experts observe that roadblocks still prevail, especially to vaccine manufacturers from developing and emerging markets such as: Regulatory challenges along the vaccine development value chain, challenges in performing and designing clinical trials for novel vaccines, scale-up, manufacturing productivity and cost- reduction in downstream processing, thermostable vaccine development and so forth.

This event promises to be an opportunity to meet the vaccine companies from developed as well as developing countries, industry leaders, regulatory officials, academia and network with vaccine players worldwide.

Act now to be part of the largest vaccine event in India for the developing countries.

Aarthi Asokan
Conference Producer
T: +65 3109 0159
Email aarthi.asokan@imapac.com

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