Asia-Pacific Cancer Vaccines Market Analysis by Mordor Intelligence
The Asia-Pacific cancer vaccines market was valued at USD 2.18 billion in 2025 and is forecast to reach USD 3.77 billion by 2030, advancing at an 11.58% CAGR. Sustained growth rests on the region’s escalating cancer burden, policy-backed HPV immunisation roll-outs, and rapid breakthroughs in personalised mRNA–neoantigen platforms. Governments prioritise cervical-cancer prevention, while investors funnel capital into biotech clusters that shorten clinical timelines for new therapeutic vaccines. Contract development and manufacturing organisations (CDMOs) in China, India, and South Korea add capacity for viral-vector and mRNA production, flattening supply-chain risk and lowering unit costs. Intensifying competition from immune checkpoint inhibitors, CAR-T therapies, and emerging combination regimens tempers the speed of therapeutic uptake, yet economic analyses still favour vaccination over treatment for many tumour types. Together, these factors underpin double-digit annual expansion of the Asia-Pacific cancer vaccines market.
Key Report Takeaways
- By technology, recombinant vaccines led with 48.41% revenue share in 2024; mRNA/neoantigen platforms are projected to grow at a 12.23% CAGR to 2030.
- By treatment method, preventive products dominated with 91.21% of the Asia-Pacific cancer vaccines market share in 2024, while therapeutic formulations are forecast to expand at a 12.31% CAGR through 2030.
- By cancer type, cervical-cancer-focused HPV vaccines accounted for 72.34% of 2024 revenue; melanoma vaccines are the fastest-growing segment, advancing at a 12.39% CAGR to 2030.
- By delivery route, the intramuscular segment captured 66.21% of sales in 2024; intravenous administration is poised for 12.45% CAGR expansion to 2030.
- By geography, China commanded 29.56% of the Asia-Pacific cancer vaccines market size in 2024, whereas India is projected to post the highest regional CAGR of 12.56% between 2025 and 2030.
Asia-Pacific Cancer Vaccines Market Trends and Insights
Drivers Impact Analysis
Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
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Growing burden of cancer across APAC | +2.8% | China, India, regional urban hubs | Long term (≥ 4 years) |
HPV-vaccination national roll-outs | +2.1% | China, Japan, India, Australia | Medium term (2-4 years) |
Shift toward personalised neo-antigen vaccine platforms | +1.9% | China, Japan, Singapore | Medium term (2-4 years) |
Rapid scale-up of regional CDMO capacity for mRNA/viral-vector vaccines | +1.6% | China, India, South Korea | Short term (≤ 2 years) |
Government price support for locally made HPV vaccines | +1.4% | China, India, Indonesia | Medium term (2-4 years) |
Oncology-focused venture funding surge into biotech clusters | +1.2% | Singapore, China, Japan | Short term (≤ 2 years) |
Source: Mordor Intelligence
Growing Burden of Cancer Across APAC Drives Market Expansion
Asia-Pacific now shoulders 60% of global cancer cases, a figure driven by urbanisation, dietary shifts, and rapid population ageing. China reports 4.57 million new diagnoses annually, while cervical cancer incidence in India exceeds 23 per 100,000 women in several states. Region-specific malignancies—nasopharyngeal, hepatocellular, and gastric cancers—raise unique prevention needs. Economic modelling shows that vaccination can cut cervical cancer incidence by 20-76% across Vietnam, Thailand, and Indonesia, making prophylaxis more cost-effective than treatment. These dynamics sustain long-term demand for both preventive and therapeutic cancer vaccines.
HPV-Vaccination National Roll-Outs Accelerate Market Penetration
China’s Healthy China 2030 agenda places HPV immunisation at the centre of women’s-health policy, even though coverage among girls aged 9-14 stands at just 2.24% [1]Huijiao Yan, "Cervical cancer prevention in China: where are we now, and what’s next?," Cancer Biology and Medicine, cancerbiomed.org. Japan reversed its decade-long suspension of proactive HPV recommendations, Australia already tops 90% coverage, and Indonesia’s campaigns show 54-82% declines in HPV-related disease. Incremental cost-effectiveness ratios range from USD 166 to USD 450 per QALY in Mongolia, Indonesia, and Thailand, giving finance ministries confidence to fund large-scale procurement. Predictable demand volumes allow suppliers to negotiate long-term contracts and ramp regional output.
Shift Toward Personalised Neo-Antigen Vaccine Platforms
Chinese innovators have propelled the transition from broad-spectrum to patient-specific vaccines. Likang Life Sciences’ LK-101 and Everest Medicines’ EVM16 harness AI algorithms to select tumour-exclusive epitopes and encode them into mRNA constructs [2]Everest Medicines, "Everest Medicines Announces First Patient Dosed with EVM16, Its First Internally Developed Personalized mRNA Cancer Vaccine," everestmedicines.com. Projected six-dose regimens cost below CNY 100,000 (USD 13,800), undercutting comparable Western therapies by 99% without sacrificing response rates. Personalisation also aligns with HLA-A 11:01 prevalence in up to 60% of Asian populations, supporting robust immunogenicity [3]Xinjing Wang, "Combination therapy of KRAS G12V mRNA vaccine and pembrolizumab: clinical benefit in patients with advanced solid tumors," Cell Research, nature.com. Rapid design-to-manufacture cycles shorten development timelines from months to weeks, reinforcing Asia-Pacific leadership in precision oncology.
Rapid Scale-Up of Regional CDMO Capacity for mRNA/Viral-Vector Vaccines
Takara Bio and Thermo Fisher’s new facility utilises DynaDrive single-use bioreactors to deliver clinical and commercial runs of viral vectors under GMP. Overall biologics capacity in China reached 4.7 million L in 2025, with India contributing 941,000 L across vaccine platforms. StemiRNA Therapeutics now operates lines capable of 100 million doses annually, funded by nearly USD 200 million in equity rounds. Singapore and South Korea invest in full-stack mRNA ecosystems, lowering import reliance and creating alternative supply corridors for ultra-cold-chain products.
Restraints Impact Analysis
Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Competition from immune-checkpoint inhibitors & CAR-T therapies | -1.8% | Japan, Australia, urban China | Medium term (2-4 years) |
Low adult-immunisation acceptance in Southeast Asia | -1.5% | Indonesia, Thailand, Philippines, Vietnam | Long term (≥ 4 years) |
Supply-chain fragility for ultra-cold-chain mRNA vaccines | -1.2% | Infrastructure-limited areas | Short term (≤ 2 years) |
Heightened regulatory scrutiny after safety-signal incidents | -0.9% | Japan, South Korea, Singapore | Medium term (2-4 years) |
Source: Mordor Intelligence
Competition from Immune-Checkpoint Inhibitors & CAR-T Therapies
PD-1/PD-L1 inhibitors could generate USD 4 billion in China by 2025, with domestic firms moving beyond lung and liver cancer into broader solid-tumour pipelines. Claudin18.2 CAR-T protocols report 38.8% objective response and 91.8% disease-control rates in early-phase gastrointestinal trials. Acceptable safety profiles—96.1% of adverse events graded mild or moderate—bolster clinician confidence and may divert patients from vaccine based therapeutics. Combination regimens such as efti plus pembrolizumab post 32.8% response versus 26.7% for monotherapy, further crowding the immuno-oncology landscape.
Low Adult-Immunisation Acceptance in Several Southeast-Asian Nations
Cultural conservatism, religious beliefs, and misinformation lower vaccine intent among adults. Surveys show high uptake when HPV shots are free, but willingness falls once co-payment is introduced. Community-led communication, home-visit outreach, and faith-based advocacy have improved completion rates, yet hesitancy persists among older cohorts. ASEAN nations confront an added hurdle: an ageing population expected to reach 1.3 billion over 65 by 2050. Without targeted public-health campaigns, low adult uptake could slow therapeutic vaccine roll-outs despite clear cost-effectiveness.
Segment Analysis
By Technology: mRNA Platforms Challenge Recombinant Vaccine Dominance
Recombinant products held 48.41% of 2024 revenue, anchoring the Asia-Pacific cancer vaccines market with proven safety records and well-established GMP lines. The mRNA/neoantigen class is set to rise at 12.23% CAGR, reshaping the competitive grid as cost-efficient Chinese playersrapidly commercialise personalised candidates. Viral-vector and DNA modalities post stable mid-single-digit trajectories, serving as bridges between legacy constructs and next-generation therapies. Whole-cell and dendritic-cell vaccines remain niche, yet they retain clinical relevance for advanced solid tumours that require multi-antigen responses.
The mRNA upswing is powered by AI-driven target discovery and flexible production cycles that compress sequence-to-clinic timelines. Likang Life Sciences’ LK-101 and StemiRNA’s lipid-polyplex system illustrate cost-engineering advantages, enabling six-dose regimens at one-hundredth of prevailing Western prices. Regional CDMO build-outs further widen the gap by eliminating transcontinental freight and customs delays. As a result, mRNA lines are forecast to absorb a sizeable share of future approvals, particularly in cancers with high mutational loads such as melanoma and lung adenocarcinoma.
Note: Segment shares of all individual segments available upon report purchase
By Treatment Method: Therapeutic Vaccines Gain Momentum Despite Preventive Dominance
Preventive formulations controlled 91.21% of 2024 revenue, reflecting government-funded HPV programmes and broad public-health messaging. Therapeutic candidates, however, are tracking a 12.31% CAGR on rising demand for patient-specific regimens that augment checkpoint inhibitors. The Asia-Pacific cancer vaccines market size for therapeutic injections is projected to expand from USD 192 million in 2025 to roughly USD 344 million by 2030, underscoring the shift toward integrated care pathways.
Economic models continue to favour prophylaxis, with HPV programmes costing below USD 450 per QALY in multiple low- and middle-income settings. Yet second-line data for agents like BVAC-C, which delivered 19.2% objective response and 53.8% disease control in refractory cervical cancer, validate therapeutic relevance. As neoantigen selection tools mature, therapeutic cycles are expected to integrate seamlessly with standard chemoradiation, redefining downstream revenue pools.
By Cancer Type: Melanoma Vaccines Accelerate Beyond HPV Applications
HPV-driven cervical-cancer prevention generated 72.34% of 2024 volume, due to widescale adolescent immunisation in China, Australia, and Japan. Melanoma candidates, boosted by combination trials pairing mRNA vaccines with pembrolizumab, are slated for a 12.39% CAGR through 2030. The Asia-Pacific cancer vaccines market share for melanoma solutions is forecast to double by 2030 as KRAS- and NRAS-targeted regimens move into pivotal studies.
Japan’s modelled adoption of 9-valent HPV immunisers could avert over 43,000 deaths across a century, illustrating the lasting footprint of prophylaxis. Meanwhile, KRAS G12V mRNA constructs have shown clinical benefit in heavily pretreated patients, positioning melanoma as the template for personalised approaches in other solid tumours. Prostate and hepatocellular indications follow closely, drawing on peptide-based candidates such as GPC3 that cut one-year recurrence by 15% in early investigators’ analyses.

Note: Segment shares of all individual segments available upon report purchase
By Delivery Route: Intravenous Administration Emerges for Therapeutic Applications
Intramuscular shots captured 66.21% of 2024 demand thanks to legacy HPV programme logistics and healthcare-worker familiarity. Intravenous infusions will rise fastest at 12.45% CAGR, expanding the Asia-Pacific cancer vaccines market size for systemic delivery significantly. Intradermal and subcutaneous modes find limited yet strategic footholds where dose-sparing or home-based care is essential.
Intravenous administration offers direct biodistribution for complex therapeutics that require rapid lymphatic engagement. Early-phase melanoma trials demonstrate potent CD8+ T-cell expansion with IV mRNA dosing, reinforcing adoption for personalised vaccines. Intramuscular formulations remain standard for prophylaxis; indeed, L2-based multivalent HPV constructs delivered via lipid-nanoparticle IM injection outperformed traditional adjuvanted comparators on neutralising-antibody breadth.
Geography Analysis
China accounted for 29.56% of the Asia-Pacific cancer vaccines market in 2024, translating to roughly USD 644 million in annual revenue. Scale stems from 89 registered vaccine trials, six approved oncology immunisers, and a deep CDMO base that buffers global supply shocks. National procurement frameworks and provincial subsidy schemes keep recombinant-HPV prices below USD 110 per course, maintaining high adolescent uptake despite urban-rural disparities.
India is the fastest-growing market, pacing a 12.56% CAGR to 2030 on the back of universal cervical-cancer immunisation readiness. The Serum Institute’s indigenous HPV shot widens access through sub-USD 5 ex-factory pricing that meets government tender requirements. Clinical-trial incentives, a large treatment-naïve cohort, and English-speaking investigators attract multinationals seeking operational cost savings up to 30% versus Western counterparts.
Japan commands mid-teens share with stringent regulatory oversight and renewed HPV programme endorsement. Government subsidies now back full-course vaccination for girls aged 12-16, reversing a years-long coverage slump. South Korea leverages innovation clusters outside Seoul to trial mRNA constructs, while Australia enjoys the region’s highest prophylactic coverage above 90%, reflecting decades of school-based delivery success.
Across emerging ASEAN economies, variable adult-immunisation acceptance creates a patchwork of demand patterns. Malaysia’s pilot HPV programme posts 85% completion among schoolgirls, yet adult catch-up remains below 20%. Vietnam and Thailand see marked incidence reductions where sub-national pilots integrate electronic-health-record tracking. Infrastructure limitations—for example, unreliable ultra-cold storage in rural archipelagos—pose a near-term headwind to mRNA penetration but also justify investment in thermostable formulations.
Competitive Landscape
The market exhibits moderately consolidated concentration, with multinational incumbents holding entrenched HPV franchises while regional specialists race ahead in personalised therapeutics. Merck’s Gardasil and GSK’s Cervarix dominate prophylaxis tenders, supported by extensive safety data and supply continuity. Pfizer advances BNT122 in colorectal cancer under its BioNTech alliance, signalling a shift toward therapeutic expansion.
Chinese firms leverage cost and speed advantages. Likang Life Sciences targets first-to-market status for LK-101, the nation’s inaugural personalised neoantigen vaccine, while Everest Medicines’ EVM16 integrates AI epitope prediction for solid tumours. StemiRNA’s 100-million-dose annual capacity underpins strategic partnerships with domestic hospitals to embed vaccine manufacturing within provincial oncology centres.
Japanese innovators such as NEC adopt bioinformatics suites for epitope selection, pairing with Takara Bio’s viral-vector line to cut tech-transfer timelines. South Korean CDMOs focus on GMP-grade lipid-nanoparticle production, closing a critical raw-material gap. Competitive tactics increasingly blend joint ventures, AI collaborations, and government co-funding, signalling that scale and informatics prowess will decide long-term winners in the Asia-Pacific cancer vaccines market.
Asia-Pacific Cancer Vaccines Industry Leaders
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Glaxosmithkline Plc
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Bristol-Myers Squibb
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Sanofi
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Eli Lilly
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AstraZeneca Plc
- *Disclaimer: Major Players sorted in no particular order

Recent Industry Developments
- March 2025: Everest Medicines dosed the first patient with EVM16, a personalised mRNA cancer vaccine, at Peking University Cancer Hospital, utilising AI-driven neoantigen prediction for advanced solid tumours.
- November 2024: CSPC Pharmaceutical Group received NMPA clearance to begin clinical trials of SYS-6026, an HPV mRNA vaccine targeting high-grade squamous intraepithelial lesions linked to HPV16 and HPV18.
- August 2024: WestGene Biopharma’s WGc-043 mRNA therapeutic cancer vaccine secured dual IND approvals from China’s NMPA and the US FDA, enabling parallel Phase 1 programmes.
- March 2024: Serum Institute of India announced plans to expand supply of its indigenous HPV vaccine for a national immunisation campaign targeting girls aged 9-14.
Asia-Pacific Cancer Vaccines Market Report Scope
As per the scope of the report, cancer vaccines are defined as vaccines developed to prevent or treat existing cancers by strengthening the body’s natural immune response system against cancer. These cancer vaccines belong to a class of substances known as biological response modifiers. These modifiers work by stimulating or restoring the immune system’s ability to fight against diseases.
The Asia-Pacific cancer vaccine market is segmented by technology (recombinant cancer vaccines, whole-cell cancer vaccines, viral vector and DNA cancer vaccines, and other technologies), treatment method (preventive vaccines and therapeutic vaccines), application (prostate cancer, cervical cancer, and other applications), and geography (China, Japan, India, Australia, South Korea, and the Rest of Asia-Pacific).
The report offers the value (in USD) for the above segments.
By Technology | Recombinant Vaccines |
Viral Vector & DNA Vaccines | |
mRNA/Neoantigen Personalised Vaccines | |
Whole-cell & Dendritic Cell Vaccines | |
Other Technologies | |
By Treatment Method | Preventive Vaccines |
Therapeutic Vaccines | |
By Cancer Type | Cervical Cancer (HPV) |
Prostate Cancer | |
Melanoma | |
Other Cancers | |
By Delivery Route | Intramuscular |
Intradermal / Sub-cutaneous | |
Intravenous | |
By Geography | China |
Japan | |
India | |
South Korea | |
Australia | |
Rest of Asia-Pacific |
Recombinant Vaccines |
Viral Vector & DNA Vaccines |
mRNA/Neoantigen Personalised Vaccines |
Whole-cell & Dendritic Cell Vaccines |
Other Technologies |
Preventive Vaccines |
Therapeutic Vaccines |
Cervical Cancer (HPV) |
Prostate Cancer |
Melanoma |
Other Cancers |
Intramuscular |
Intradermal / Sub-cutaneous |
Intravenous |
China |
Japan |
India |
South Korea |
Australia |
Rest of Asia-Pacific |
Key Questions Answered in the Report
What is the current size of the Asia-Pacific cancer vaccines market?
The market stands at USD 2.18 billion in 2025 and is projected to hit USD 3.77 billion by 2030, reflecting an 11.58% CAGR.
Which technology segment is expanding fastest?
MRNA/neoantigen platforms are the most rapidly growing, with a 12.23% CAGR forecast through 2030.
Why does India show the highest growth rate?
India benefits from national HPV immunisation readiness, low-cost domestic manufacturing, and a rising oncology clinical-trial ecosystem, driving a 12.56% CAGR.
How dominant are preventive vaccines today?
Preventive formulations, led by HPV shots, accounted for 91.21% of market revenue in 2024.
What restrains wider adult immunisation uptake in Southeast Asia?
Cultural conservatism, limited awareness, and infrastructural hurdles continue to curb adult vaccination rates, particularly for therapeutic cancer vaccines.