Market size of class II vaccines in China 2015-2020

The market for class II vaccines grew significantly in the past decade. The size of the market grew from around 20 billion yuan to almost 50 billion yuan in 2020. With the release volume of the vaccine expected to rise further, the market also demonstrated its potential. As class II vaccines are not covered by the government's free and mandatory vaccination programs, the sector is subject to more competition, while manufacturers generally have higher profit margins.

过去十年间，二类疫苗市场经历了显著的增长。市场规模从约200亿元人民币增长至2020年的近500亿元人民币。随着疫苗的释放量预计将进一步增加，市场亦展现出其巨大潜力。鉴于二类疫苗并未纳入政府免费强制接种计划，该领域面临着更为激烈的竞争，而制造商普遍享有更高的利润率。