In 2019, multinational corporations led the private vaccine market in India with a ** percent market share. While Indian companies provide the bulk of vaccines used in the country's "Universal Immunisation Program," higher priced human papillomavirus, pneumococcal, influenza, and meningococcal vaccines led to multinational corporations dominating the market in terms of value.
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EY. (February 22, 2021). Breakdown of private vaccine market in India from 2015 to 2019, by foreign and domestic firms [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /statistics/1239182/india-private-vaccine-market-share-by-foreign-and-domestic-firms/
EY. "Breakdown of private vaccine market in India from 2015 to 2019, by foreign and domestic firms." Chart. February 22, 2021. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/1239182/india-private-vaccine-market-share-by-foreign-and-domestic-firms/
EY. (2021). Breakdown of private vaccine market in India from 2015 to 2019, by foreign and domestic firms. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /statistics/1239182/india-private-vaccine-market-share-by-foreign-and-domestic-firms/
EY. "Breakdown of Private Vaccine Market in India from 2015 to 2019, by Foreign and Domestic Firms." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 22 Feb 2021, /statistics/1239182/india-private-vaccine-market-share-by-foreign-and-domestic-firms/
EY, Breakdown of private vaccine market in India from 2015 to 2019, by foreign and domestic firms ÌÇÐÄÆÆ½â°æ, /statistics/1239182/india-private-vaccine-market-share-by-foreign-and-domestic-firms/ (last visited August 03, 2026)
Breakdown of private vaccine market in India from 2015 to 2019, by foreign and domestic firms [Graph], EY, February 22, 2021. [Online]. Available: /statistics/1239182/india-private-vaccine-market-share-by-foreign-and-domestic-firms/