The overall marketplace for vaccines is predicted to grow from USD
36.45 billion in 2018 to USD 50.42 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. Market growth is attributed to the high prevalence of infectious diseases, growing support for vaccine R&D,
investments into vaccine development, and a rising specialise in immunization. The base year considered for the study is 2017, and therefore the forecast has been provided for the amount between 2018 and 2023