
According to a new report published by Allied Market Research, titled, "Vaccines Market by Technology, Indication, and End Use: Global Opportunity Analysis and Industry Forecast, 2017-2023", the global vaccines market was valued at $31,216 million in 2016, and is projected to reach $65,148 million by 2023, growing at a CAGR of 10.9% from 2017 to 2023. The conjugate vaccines segment accounted for more than one-third of the global market in 2016.