New vaccine uptake drives market growth in India

In India, the government-sponsored Universal Immunization Program procures vaccines at very low prices, predominantly from local manufacturers, notes a new report on growth drivers in the Indian market added to the offering of Research and Markets.

There also exists a large private market for vaccines which is dominated by multinational companies. The private market for newer and better vaccines is growing due to the increasing affordability of the middle class population, the report points out.

Highlights of the report