Fast growth forecast for pneumococcal vaccines market

16 October 2018

In terms of revenue, the global pneumococcal vaccines market is projected to register a compound annual growth rate (CAGR) of 9.1% over the 2018-2028 forecast period.

According to the new Future Market Insights (FMI) global pneumococcal vaccines market report, the revenues for this market will reach $18,456 million by 2028.

North America is expected to contribute a high revenue share in the global pneumococcal vaccines market over the forecast period due to increasing healthcare expenditure, favorable reimbursement policies for pneumococcal vaccination and development of new multivalent pneumococcal vaccines. Besides, the out-of-pocket costs of pneumococcal vaccines for patients with Medicare coverage is $0 in North America.

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