Cancer Vaccines Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Cancer Vaccines Market is Segmented by Technology (Recombinant Vaccines, and More), Treatment Method (Preventive Vaccines and Therapeutic Vaccines), Cancer Type (Cervical Cancer (HPV), Melanoma and More), Delivery Route (Intramuscular, Intravenous, and More), and Geography (North America, Europe, Asia-Pacific, and More). The Market and Forecasts are Provided in Terms of Value (USD).

Cancer Vaccines Market Size and Share

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Compare market size and growth of Cancer Vaccines Market with other markets in Healthcare Industry

Cancer Vaccines Market Analysis by Mordor Intelligence

The cancer vaccines market reached USD 10.67 billion in 2025 and is forecast to climb to USD 17.42 billion by 2030, advancing at a 10.30% CAGR during 2025-2030. Accelerated growth reflects the pivot from conventional prophylaxis toward personalized mRNA-based immunotherapies [1]Cormac Sheridan, "Individualized mRNA cancer vaccines make strides," Nature Biotechnology, nature.com that encode patient-specific neoantigens, underpinned by artificial-intelligence antigen prediction and modular micro-factory manufacturing that shortens scale-up cycles. Regulatory harmonization—evident in FDA breakthrough designations and EMA PRIME approvals—lowers cross-border trial friction, while partnership-heavy business models channel capital toward platform differentiation rather than stand-alone products. North America retains leadership yet Asia-Pacific shows the fastest uptake as Chinese developers deliver mRNA vaccines at costs 99% below Western levels.

Key Report Takeaways

  • By technology, recombinant vaccines led with 43.33% revenue share in 2024, while mRNA/neoantigen platforms are projected to expand at an 11.21% CAGR to 2030.  
  • By treatment method, preventive vaccines held 90.23% of the cancer vaccines market share in 2024, while therapeutic vaccines record the highest projected CAGR at 11.43% through 2030.  
  • By cancer type, cervical cancer accounted for 72.21% share of the cancer vaccines market size in 2024, whereas melanoma is advancing at an 11.02% CAGR through 2030.  
  • By delivery route, intramuscular accounted for 65.78% share of the cancer vaccines market size in 2024, whereas intravenous is advancing at an 11.12% CAGR through 2030.  
  • By geography, North America captured 46.21% of the cancer vaccines market share in 2024, while Asia-Pacific is forecast to grow at an 11.38% CAGR to 2030.  

Segment Analysis

By Technology: mRNA Platforms Outpace Recombinant Leaders

Recombinant platforms retained a 43.33% share of the cancer vaccines market in 2024. Their installed manufacturing base and well-known safety records keep them relevant, yet mRNA/neoantigen vaccines are accelerating at an 11.21% CAGR through 2030 as developers prioritize multiplex antigen encoding and rapid customization. Self-amplifying constructs reduce dose volume tenfold and ease cold-chain stress, improving economics for resource-constrained settings. Viral-vector and DNA modalities continue to address niche populations where thermostability is paramount, especially in emerging markets. Whole-cell and dendritic vaccines, though smaller in volume, play specialized roles in highly personalized regimens; Diakonos Oncology’s USD 20 million raise for glioblastoma underscores investor interest.

The technology spectrum is converging toward platform ecosystems that allow antigen swapping within weeks, a key differentiation for first movers. Shared-neoantigen libraries expand addressable populations beyond bespoke products, cutting per-patient costs and shortening regulatory reviews. As a result, the cancer vaccines market size attributed to mRNA constructs is forecast to widen its lead, especially once room-temperature formulations enter late-stage trials.

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Note: Segment shares of all individual segments available upon report purchase

By Treatment Method: Therapeutic Vaccines Gain Momentum

Cervical cancer accounted for 72.21% of the cancer vaccines market size in 2024, a legacy of widespread HPV immunization campaigns. Melanoma vaccines, however, are advancing at an 11.02% CAGR as robust biomarkers facilitate precise patient matching and regulators grant breakthrough designations. Prostate and glioblastoma programs build on dendritic-cell platforms, while shared-neoantigen strategies open doors for colorectal and gastric cancers. Positive melanoma results reduce risk perceptions for adjacent solid tumors, drawing capital toward multi-cancer platform trials.

The transition from single-tumor success stories to platform-based multi-cancer solutions is expected to dilute cervical dominance over time, distributing the cancer vaccines market share more evenly across indications by 2030.

By Cancer Type: Melanoma Leads Post-HPV Innovation Wave

Cervical cancer accounted for 72.21% of the cancer vaccines market size in 2024, a legacy of widespread HPV immunization campaigns. Melanoma vaccines, however, are advancing at an 11.02% CAGR as robust biomarkers facilitate precise patient matching and regulators grant breakthrough designations. Prostate and glioblastoma programs build on dendritic-cell platforms, while shared-neoantigen strategies open doors for colorectal and gastric cancers. Positive melanoma results reduce risk perceptions for adjacent solid tumors, drawing capital toward multi-cancer platform trials.

The transition from single-tumor success stories to platform-based multi-cancer solutions is expected to dilute cervical dominance over time, distributing the cancer vaccines market share more evenly across indications by 2030.

Cancer Vaccines Market: Market Share by Cancer Type
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Note: Segment shares of all individual segments available upon report purchase

By Delivery Route: Intravenous Uptake Accelerates

Intramuscular injections held 65.78% of 2024 volume, capitalizing on prevalent vaccine infrastructure, but intravenous delivery is growing at an 11.12% CAGR due to its ability to trigger systemic immune activation critical for metastatic disease. Microneedle arrays and tattoo-like patches under evaluation may boost compliance, particularly in outpatient settings. Thermostable carrier systems further broaden market access in low-resource geographies by reducing cold-chain dependency.

Higher bioavailability and targeted biodistribution make intravenous formats attractive for combination therapy regimens, a trend likely to lift their proportion of the cancer vaccines market by the close of the decade.

Geography Analysis

North America’s 46.21% share in 2024 stems from mature regulatory pathways, extensive trial networks, and steady public funding such as the National Cancer Institute’s USD 2.5 million translational grants. USMCA streamlines cross-border studies, drawing Canadian and Mexican stakeholders into joint manufacturing ventures. Venture investment culture sustains high-risk R&D, keeping the cancer vaccines market growth in the region well above global averages despite mounting cost pressures.

Europe leverages coordinated public-private initiatives; the UK-BioNTech partnership targeting 10,000 patients by 2030 exemplifies how national health systems deploy purchasing power to spur innovation. EMA PRIME accelerates late-stage reviews, while Germany, France, and Italy supply academic expertise and GMP capacity. Reimbursement frameworks that value patient-centric outcomes favor adoption of personalized solutions, maintaining Europe’s competitive weight.

Asia-Pacific posts the fastest 11.38% CAGR owing to state-sponsored biotech programs and low-cost manufacturing that erodes Western price advantages. China funds modular micro-factories and free HPV drives, while Japan and South Korea export advanced process technologies. India’s contract-manufacturing depth and expansive patient base make it a pivotal trial hub. Australia’s regulatory alignment with ICH standards positions it as a bridge market for trans-Pacific commercialization.

Cancer Vaccines Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Competition in the cancer vaccines market hinges on control of platform technologies rather than individual assets. mRNA specialists BioNTech and Moderna repurpose COVID-19 infrastructure to secure capacity and speed, while AI-driven firms such as Gritstone and Ultimovacs focus on neoantigen analytics. Patent clusters around epitope-prediction algorithms create defensible moats that encourage cross-licensing.

Partnerships dominate strategy; the BioNTech–Bristol Myers Squibb deal carries a USD 1.5 billion upfront and USD 7.6 billion milestones for bispecific exploration, illustrating how large-cap partners supplement modality expertise with commercialization scale. Mid-cap companies pursue geographic alliances to access Asian manufacturing discounts, while big pharma acquires AI startups to shorten discovery timelines.

White-space opportunities include logistics innovations that bypass cold-chain gaps and shared-antigen libraries that break the bespoke cost curve. Market entry barriers remain substantive: regulatory complexity, IP congestion, and the entrenched clinical role of checkpoint inhibitors. Yet rapid technological diffusion keeps competitive intensity high and prevents monopolistic dominance.

Cancer Vaccines Industry Leaders

  1. OSE Immunotherapeutics

  2. GlaxoSmithKline PLC

  3. F Hoffmann-La Roche AG (Genentech)

  4. Moderna Inc.

  5. Merck & Co. Inc.

  6. *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments

  • May 2025: Evaxion reported that 80% of EVX-01 targets triggered tumor-specific immune responses in phase 2 melanoma testing.
  • March 2025: Icahn School of Medicine released phase 1 data on PGV001, a personalized multi-peptide neoantigen vaccine demonstrating safety and immunogenicity.
  • March 2025: FDA approved EVM14, a tumor-associated antigen vaccine for non-small-cell lung and head-and-neck cancers.
  • February 2025: Dana-Farber investigators confirmed durable anti-tumor immunity in all nine renal-cell carcinoma patients receiving postoperative personalized vaccines, with zero recurrences at 34.7-month median follow-up.

Table of Contents for Cancer Vaccines Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing global cancer incidence
    • 4.2.2 Increasing R&D investments & government funding
    • 4.2.3 Advances in mRNA & neoantigen platforms
    • 4.2.4 AI-driven antigen prediction lowering cost
    • 4.2.5 Modular micro-factory manufacturing hubs
    • 4.2.6 Combination regimens with CPIs de-risking trials (under-reported)
  • 4.3 Market Restraints
    • 4.3.1 Stringent regulatory timelines & complexity
    • 4.3.2 Availability of alternative immunotherapies
    • 4.3.3 Cold-chain gaps for personalised logistics
    • 4.3.4 Neoantigen IP clustering limiting entrants
  • 4.4 Regulatory Landscape
  • 4.5 Technological Outlook
  • 4.6 Porters Five Forces Analysis
    • 4.6.1 Bargaining Power of Buyers
    • 4.6.2 Bargaining Power of Suppliers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Technology
    • 5.1.1 Recombinant Vaccines
    • 5.1.2 Viral Vector & DNA Vaccines
    • 5.1.3 mRNA/Neoantigen Personalised Vaccines
    • 5.1.4 Whole-cell & Dendritic Cell Vaccines
    • 5.1.5 Other Technologies
  • 5.2 By Treatment Method
    • 5.2.1 Preventive Vaccines
    • 5.2.2 Therapeutic Vaccines
  • 5.3 By Cancer Type
    • 5.3.1 Cervical Cancer (HPV)
    • 5.3.2 Prostate Cancer
    • 5.3.3 Melanoma
    • 5.3.4 Other Cancers
  • 5.4 By Delivery Route
    • 5.4.1 Intramuscular
    • 5.4.2 Intradermal / Sub-cutaneous
    • 5.4.3 Intravenous
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Russia
    • 5.5.2.7 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East and Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Merck & Co., Inc.
    • 6.3.2 GlaxoSmithKline plc
    • 6.3.3 Moderna Inc.
    • 6.3.4 Bristol Myers Squibb Co.
    • 6.3.5 AstraZeneca plc
    • 6.3.6 F. Hoffmann-La Roche AG (Genentech)
    • 6.3.7 BioNTech SE
    • 6.3.8 Gritstone bio, Inc.
    • 6.3.9 Vaccitech plc
    • 6.3.10 OSE Immunotherapeutics SA
    • 6.3.11 Anixa Biosciences Inc.
    • 6.3.12 Dendreon Pharmaceuticals LLC
    • 6.3.13 Providence Therapeutics Holdings
    • 6.3.14 eTheRNA Immunotherapies NV
    • 6.3.15 Imugene Ltd.
    • 6.3.16 Transgene SA
    • 6.3.17 OncoSec Medical Incorporated
    • 6.3.18 NantKwest Inc.
    • 6.3.19 Ultimovacs ASA
    • 6.3.20 ISA Pharmaceuticals BV

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Global 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 Cancer Vaccines Market is Segmented by Technology (Recombinant Cancer Vaccines, Whole-cell Cancer Vaccines, Viral Vector and DNA Cancer Vaccines, and Other Technologies), Treatment Method (Preventive Vaccine and Therapeutic Vaccine), Application (Prostate Cancer, Cervical Cancer, and Other Applications), and Geography (North America, Europe, Asia Pacific, Middle-east And Africa, And South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) 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 North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the projected value of the cancer vaccines market by 2030?

The market is forecast to reach USD 17.42 billion by 2030, expanding at a 10.30% CAGR.

Which region is growing fastest for cancer vaccines?

Asia-Pacific shows the highest growth at an 11.38% CAGR, supported by cost-efficient mRNA manufacturing and large patient pools.

How dominant are preventive cancer vaccines today?

Preventive products hold 90.23% of 2024 revenue, though therapeutic vaccines are growing faster at an 11.43% CAGR.

Which technology segment is expanding most quickly?

MRNA/neoantigen platforms lead with an 11.21% CAGR thanks to rapid customization and strong clinical efficacy signals.

What is the main competitive strategy among leading companies?

Partnership-based ecosystem building—such as BioNTech’s alliances—has overtaken stand-alone competition, pooling strengths in AI analytics, manufacturing, and clinical access.

Why is intravenous delivery gaining traction?

It offers superior systemic immune activation, crucial for metastatic tumors, and is advancing at an 11.12% CAGR as formulations improve bioavailability.

Cancer Vaccines Market Report Snapshots