Product Code: ETC13172027 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Shingles Vaccine Market was valued at USD 2.2 Billion in 2024 and is expected to reach USD 3.4 Billion by 2031, growing at a compound annual growth rate of 7.90% during the forecast period (2025-2031).
The Global Shingles Vaccine Market is experiencing significant growth due to increasing awareness about the importance of vaccination against herpes zoster virus. The market is driven by the rising geriatric population, who are more susceptible to developing shingles, as well as the growing adoption of preventive healthcare measures. Factors such as the availability of advanced vaccines with higher efficacy rates and the government initiatives promoting vaccination programs further contribute to market expansion. Key players in the market are actively involved in research and development activities to introduce innovative vaccines with improved efficacy and safety profiles. North America holds a prominent share in the market, followed by Europe and Asia Pacific regions. Overall, the Global Shingles Vaccine Market is expected to continue its growth trajectory in the coming years.
The Global Shingles Vaccine Market is witnessing significant growth due to the increasing prevalence of herpes zoster virus and the rising geriatric population worldwide. Key trends in the market include the development of new vaccines with improved efficacy and longer-lasting protection, as well as the expansion of vaccination programs in various countries to prevent shingles-related complications. Opportunities in the market lie in the untapped potential of emerging economies, advancements in vaccine technology, and the growing awareness about the importance of vaccination in preventing shingles. The market is also benefiting from strategic collaborations between pharmaceutical companies to enhance their product portfolios and distribution networks. Overall, the Global Shingles Vaccine Market is poised for continued growth with the potential to address unmet medical needs and improve public health outcomes.
The Global Shingles Vaccine Market faces several challenges, including limited awareness among the general population about the importance of vaccination, especially in developing countries. High costs associated with shingles vaccines also act as a barrier to widespread adoption, leading to lower vaccination rates. Additionally, logistical challenges in distribution and storage of vaccines, especially in regions with inadequate healthcare infrastructure, pose a significant hurdle. Furthermore, the lack of universal healthcare coverage in many countries restricts access to vaccines for a large portion of the population. Addressing these challenges requires targeted education campaigns, price adjustments to make vaccines more affordable, improvements in supply chain management, and policy changes to ensure broader vaccine coverage.
The global shingles vaccine market is primarily driven by the increasing prevalence of herpes zoster virus infections among the aging population worldwide. As individuals grow older, their immune systems weaken, making them more susceptible to shingles. Additionally, rising awareness about the importance of vaccination in preventing shingles and its associated complications is fueling market growth. Government initiatives and healthcare organizations promoting routine immunization programs further contribute to the market expansion. Moreover, advancements in vaccine technology, such as the introduction of more effective and long-lasting vaccines, are stimulating market demand. The growing focus on preventive healthcare and the overall trend towards vaccination as a means of disease prevention are expected to continue driving the growth of the global shingles vaccine market in the coming years.
Government policies related to the Global Shingles Vaccine Market vary by country but generally focus on promoting vaccination coverage among at-risk populations, such as older adults and individuals with weakened immune systems. In the United States, for example, the Centers for Disease Control and Prevention (CDC) recommends the shingles vaccine for adults aged 50 and older to prevent shingles and its complications. Medicare Part D typically covers the cost of the shingles vaccine for eligible beneficiaries. In the UK, the National Health Service (NHS) offers the shingles vaccine to individuals aged 70-79 as part of the routine immunization program. Overall, government policies aim to increase awareness, accessibility, and affordability of shingles vaccination to reduce the burden of shingles-related illness and healthcare costs.
The Global Shingles Vaccine Market is expected to witness significant growth in the coming years, driven by increasing awareness about the disease and its prevention, growing elderly population, and advancements in healthcare infrastructure. The market is likely to be propelled by the introduction of newer and more effective vaccines, along with government initiatives promoting vaccination programs. Additionally, the rising incidence of shingles, particularly in developed countries, is anticipated to boost market expansion. With pharmaceutical companies focusing on research and development activities to enhance vaccine efficacy and safety, the Global Shingles Vaccine Market is poised for substantial growth and innovation in the foreseeable future.
In the global shingles vaccine market, North America is expected to dominate due to high awareness about vaccination, favorable reimbursement policies, and a large geriatric population. Europe follows closely behind with increasing government initiatives and a growing elderly population. In Asia, the market is projected to witness rapid growth driven by improving healthcare infrastructure, rising disposable income, and a surge in awareness campaigns. The Middle East and Africa region is also anticipated to experience growth due to expanding healthcare facilities and increasing focus on preventive care. Latin America is likely to show moderate growth with a rise in vaccination programs and efforts to address the burden of shingles in the region.
Global Shingles Vaccine Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Shingles Vaccine Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Shingles Vaccine Market Revenues & Volume, 2021 & 2031F |
3.3 Global Shingles Vaccine Market - Industry Life Cycle |
3.4 Global Shingles Vaccine Market - Porter's Five Forces |
3.5 Global Shingles Vaccine Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Shingles Vaccine Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Shingles Vaccine Market Revenues & Volume Share, By Vaccine Type, 2021 & 2031F |
4 Global Shingles Vaccine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Shingles Vaccine Market Trends |
6 Global Shingles Vaccine Market, 2021 - 2031 |
6.1 Global Shingles Vaccine Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Shingles Vaccine Market, Revenues & Volume, By Shingrix, 2021 - 2031 |
6.1.3 Global Shingles Vaccine Market, Revenues & Volume, By Zostavax, 2021 - 2031 |
6.1.4 Global Shingles Vaccine Market, Revenues & Volume, By SKYZoster, 2021 - 2031 |
6.2 Global Shingles Vaccine Market, Revenues & Volume, By Vaccine Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Shingles Vaccine Market, Revenues & Volume, By Recombinant Vaccine, 2021 - 2031 |
6.2.3 Global Shingles Vaccine Market, Revenues & Volume, By Live Attenuated Vaccine, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Shingles Vaccine Market, Overview & Analysis |
7.1 North America Shingles Vaccine Market Revenues & Volume, 2021 - 2031 |
7.2 North America Shingles Vaccine Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Shingles Vaccine Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Shingles Vaccine Market, Revenues & Volume, By Vaccine Type, 2021 - 2031 |
8 Latin America (LATAM) Shingles Vaccine Market, Overview & Analysis |
8.1 Latin America (LATAM) Shingles Vaccine Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Shingles Vaccine Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Shingles Vaccine Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Shingles Vaccine Market, Revenues & Volume, By Vaccine Type, 2021 - 2031 |
9 Asia Shingles Vaccine Market, Overview & Analysis |
9.1 Asia Shingles Vaccine Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Shingles Vaccine Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Shingles Vaccine Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Shingles Vaccine Market, Revenues & Volume, By Vaccine Type, 2021 - 2031 |
10 Africa Shingles Vaccine Market, Overview & Analysis |
10.1 Africa Shingles Vaccine Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Shingles Vaccine Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Shingles Vaccine Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Shingles Vaccine Market, Revenues & Volume, By Vaccine Type, 2021 - 2031 |
11 Europe Shingles Vaccine Market, Overview & Analysis |
11.1 Europe Shingles Vaccine Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Shingles Vaccine Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Shingles Vaccine Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Shingles Vaccine Market, Revenues & Volume, By Vaccine Type, 2021 - 2031 |
12 Middle East Shingles Vaccine Market, Overview & Analysis |
12.1 Middle East Shingles Vaccine Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Shingles Vaccine Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Shingles Vaccine Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Shingles Vaccine Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Shingles Vaccine Market, Revenues & Volume, By Vaccine Type, 2021 - 2031 |
13 Global Shingles Vaccine Market Key Performance Indicators |
14 Global Shingles Vaccine Market - Export/Import By Countries Assessment |
15 Global Shingles Vaccine Market - Opportunity Assessment |
15.1 Global Shingles Vaccine Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Shingles Vaccine Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Shingles Vaccine Market Opportunity Assessment, By Vaccine Type, 2021 & 2031F |
16 Global Shingles Vaccine Market - Competitive Landscape |
16.1 Global Shingles Vaccine Market Revenue Share, By Companies, 2024 |
16.2 Global Shingles Vaccine Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |