Projected Imbalance Between Demand and Production of COVID-19 Vaccines

Yosepha Pusparisa 26/03/2021 16:00 WIB

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Airfinity predicts a mismatch between projected demand and estimated production of coronavirus vaccines. Vaccine production is projected to reach 9.5 billion doses by the end of 2021, while demand is

COVID-19 Vaccine Production and Demand Projection

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Projected Imbalance Between Demand and Production of COVID-19 Vaccines

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COVID-19 Vaccine Production and Demand Projection

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Airfinity, a science information and analytics company, estimates that the demand and projected production of coronavirus Covid-19 vaccines are disproportionate. Airfinity predicts that only 9.5 billion doses of Covid-19 vaccines will be available by the end of 2021. This projection is almost double the annual production volume of non-coronavirus vaccines, which was 5 million doses before the pandemic.

Meanwhile, the demand for coronavirus vaccines is estimated to reach 11.5 billion doses, or 75% of the global population, throughout 2021. This assumes that each person requires two doses for complete vaccination. Therefore, it is estimated that this year's vaccine production will not meet 18% of global demand.

As of March 5, 2021, approximately 413.2 million doses of coronavirus vaccines have been produced. Both production and demand for the vaccine are highest in Asia, followed by Europe and the Americas (North and South).

Editor : Dimas Jarot Bayu

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."