Global Vaccine Technology Market is expected to grow 51.39 Billion USD by 2024 from 34 Billion USD in 2016 at a CAGR of 5.3%.
Vaccines play an important role in keeping us healthy. It is a biological preparation that provides active immunity to a particular disease. Vaccine market is growing rapidly because the most effective way to reduce infectious or non-infectious disease is to get vaccinated as it destroys the microorganism that may occur in the future.
Vaccines market are segmented into technology, disease, route, end user and type By technology it is segmented into conjugate, live, toxoid, recombinant. The conjugate vaccine is expected to lead in the market forecast period. Increasing government investments led to the growth of this segment.
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