2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Are the Primary Drivers Supporting the Market Growth of theYellow Fever Vaccine Market?

The yellow fever vaccine market is expected to grow due to the increasing demand for international travel. International travel is increasing as a result of improved global connectivity, economic growth, and the easing of post-pandemic travel restrictions. The yellow fever vaccine is required or recommended for travelers visiting regions where yellow fever is endemic, to prevent infection and comply with health regulations. For instance, in January 2024, the World Tourism Organization reported that international tourism reached 1.286 billion in 2023, up from 960 million in 2022, marking a growth of 326 million tourists. This rise in international travel is fueling the demand for yellow fever vaccines.

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How Has the Yellow Fever Vaccine Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?

The yellow fever vaccine market size will grow from $4.54 billion in 2024 to $4.79 billion in 2025, at a CAGR of 5.4%. This growth is due to global immunization campaigns, the implementation of international health regulations, mass vaccination efforts, and advances in vaccine production technology.

The yellow fever vaccine market is expected to reach $5.84 billion in 2029, with a CAGR of 5.1%. Growth is attributed to increased collaboration, routine vaccination schedules, surveillance, private sector involvement, and digital vaccine tracking. Trends include diversification of vaccine formats, pandemic preparedness, regulatory changes, healthcare improvements, and consumer education.

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What Are the Latest Innovations Influencing theYellow Fever Vaccine Market?

Companies in the yellow fever vaccine market are developing next-generation vaccines, such as the T-cell adaptive booster vaccine, to meet increasing global demand. For example, in April 2022, Emergex Vaccines Holding Limited, a UK-based biotechnology company, partnered with ATCC to introduce CD8+ T-cell adaptive vaccines for yellow fever. These vaccines stimulate a cytotoxic T-cell response, offering long-lasting immunity and potentially more effective protection for individuals with different immune profiles.

Who Are the Major Industry Players Accelerating Growth in theYellow Fever Vaccine Market?

Major companies operating in the yellow fever vaccine market are Merck and Co Inc., Sanofi S.A., GSK plc, Takeda Pharmaceutical Company, Lonza Group Ag, WuXi Biologics, Novavax Inc., Beijing Tiantan Biological, Bavarian Nordic A/S, Valneva SE, Biological E. Limited, Bio-Manguinhos, Instituto Butantan, Bio Farma, Panacea Biotec, Biovac, Institut Pasteur de Dakar, Ology Bioservices, Gavi, Wuhan Institute of Biological Products, PnuVax Incorporated, iBio Inc.

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Which Primary Segments of the Yellow Fever Vaccine Market Are Driving Growth and Industry Transformations?

The yellow fever vaccine market covered in this report is segmented –

1) By Product: Powder, Liquid

2) By Treatment Type: Pain Management Drugs, Oral Rehydration

3) By Application: Routine Immunization, Travelers, Other Applications

4) By End-User: Hospitals, Diagnostic Centers, Point Of Care Centers, Other End Users

Subsegments:

1) By Powder: Lyophilized Powder For Reconstitution, Freeze-Dried Powder For Reconstitution

2) By Liquid: Ready-To-Use Liquid Vaccine, Liquid Vaccine In Pre-Filled Syringes

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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of theYellow Fever Vaccine Market?# Market?

North America was the largest region in the yellow fever vaccine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the yellow fever vaccine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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