MR Vaccines Market  is Projected to Reach USD 6.98 Million by 2032

According to a new report published by Introspective Market Research, titled, MR Vaccines Market by Type, Application, and Distribution Channel, the Global MR Vaccines Market Size Was Valued at USD 5.50 Million in 2023 and is Projected to Reach USD 6.98 Million by 2032, Growing at a CAGR of 2.7% from 2024 to 2032. The Measles and Rubella (MR) Vaccines Market plays a crucial role in global immunization programs aimed at preventing two of the most contagious viral infections affecting children and adults. MR vaccines provide combined protection against measles and rubella, ensuring higher vaccination coverage and reduced disease transmission compared to standalone vaccines.

Growing emphasis on national immunization programs, public–private partnerships, and increased awareness regarding vaccine-preventable diseases are driving market growth. The introduction of cost-effective MR vaccines and their inclusion in various countries’ Universal Immunization Programs (UIP) further support widespread adoption. Additionally, global health organizations such as WHO and UNICEF are actively promoting MR vaccination campaigns to achieve disease elimination targets.

The MR Vaccines Market is segmented into Type, Application, and Distribution Channel.By Type, the market is categorized into Live Attenuated Vaccine and Inactivated Vaccine. By Application, it is divided into Children, Adults, and Healthcare Workers. By Distribution Channel, it includes Hospitals, Clinics, and Government Vaccination Programs.

One of the major growth drivers for the MR Vaccines Market is the increasing implementation of large-scale immunization campaigns by global health authorities. Organizations such as WHO, GAVI, and UNICEF are continuously funding vaccination drives in developing countries, targeting measles and rubella elimination. Additionally, rising government support, especially in emerging economies, and improved healthcare infrastructure have enhanced vaccine accessibility, driving consistent demand for MR vaccines worldwide.

A significant opportunity for market growth lies in the development of advanced MR combination vaccines that improve immunogenicity and ease of administration. The adoption of thermostable vaccines that can withstand varying storage conditions could further increase vaccination coverage in remote areas. Moreover, the expansion of public-private collaborations and growing investments in vaccine R&D offer opportunities for manufacturers to enhance production efficiency and reach new markets globally.

MR Vaccines Market, Segmentation

The MR Vaccines Market is segmented on the basis of Type, Application, and Distribution Channel.

Type:

The Type segment is further classified into Live Attenuated Vaccine and Inactivated Vaccine. Among these, the Live Attenuated Vaccine segment accounted for the highest market share in 2023. This dominance is attributed to its strong immune response, lower cost, and wide availability through government immunization programs. Live attenuated MR vaccines are favored for mass immunization due to their long-lasting protection and minimal booster requirements.

Distribution Channel:

The Distribution Channel segment is categorized into Hospitals, Clinics, and Government Vaccination Programs. Among these, Government Vaccination Programs held the largest market share in 2023, driven by extensive immunization campaigns across low- and middle-income countries. These programs, supported by international organizations, aim to achieve near-universal vaccination coverage, reducing the global disease burden.

Some of The Leading/Active Market Players Are

  • Serum Institute of India (India)
  • GlaxoSmithKline plc (United Kingdom)
  • Merck & Co., Inc. (United States)
  • Sanofi Pasteur (France)
  • Bharat Biotech (India)
  • Bio Farma (Indonesia)
  • Zydus Lifesciences (India)
  • Beijing Minhai Biotechnology Co. Ltd. (China)
  • Mitsubishi Tanabe Pharma Corporation (Japan)
  • Pfizer Inc. (United States)
  • PT Bio Farma (Persero) (Indonesia)
  • Indian Immunologicals Ltd. (India)
  • Biovac Institute (South Africa)
  • Panacea Biotec (India)
  • and other active players.

Key Industry Developments

  • In April 2024, WHO and UNICEF launched a renewed global MR vaccination campaign targeting over 40 countries to reduce measles and rubella outbreaks.
    The initiative aims to strengthen routine immunization systems, increase vaccine coverage in remote regions, and accelerate progress toward the 2030 measles and rubella elimination goal.

  • In January 2023, the Serum Institute of India expanded its MR vaccine production capacity through a new manufacturing facility in Pune.
    This expansion aims to enhance supply capabilities for domestic immunization programs and international health initiatives supported by GAVI and UNICEF.

Key Findings of the Study

  • Live Attenuated MR Vaccines dominated the market in 2023.
  • Government vaccination programs are the primary distribution channel.
  • Asia-Pacific remains the leading region for MR vaccine consumption.
  • Growing global immunization campaigns and R&D investments drive market expansion.

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Posted by  T. Kumbhar

T. Kumbhar is a results-driven Senior Market Research Consultant at IMR, specializing in market trends, competitive intelligence, and data-driven insights. With extensive experience across Agrochemicals, Food Tech, Consumer Goods, Automotive, and Construction, he helps businesses make informed strategic decisions through in-depth research and analysis. His expertise includes market research, competitive analysis, business strategy, forecasting, pricing strategies, and consumer insights.