Title: Meningococcal Vaccines Market - Forecast (2022 - 2027)
1Meningococcal Vaccines MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Meningococcal Vaccines Market size is expected to
reach 4.2 billion by 2026, growing at a CAGR of
10.8 during the forecast period 2021-2026. - Meningococcal vaccines are polysaccharide
vaccines that are used to prevent diseases caused
by meningococcus, which is a Gram-negative
bacterium that can cause meningitis and other
forms of meningococcal disease such as
meningococcemia.
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- Key Takeaways
- North America Meningococcal Vaccines Market
accounted for the highest revenue share in 2020
and it is poised to dominate over the period
2021-2026 owing to the growing approval of new
vaccines to protect people against meningococcal
meningitis. - The increasing demand for meningococcal conjugate
vaccines for treating the infant population is
driving the segment of Infants.
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Meningococcal Vaccines Market Segment
Analysis-By Type The Meningococcal Vaccines
Market based on the Type can be further segmented
into Bivalent, Quadrivalent, and Others. The
Quadrivalent segment held the largest share in
2020 and is also estimated to be the
fastest-growing segment with a CAGR of 11.6 over
the period 2021-2026. This growth is owing to the
growing usage from brands such as Menactra,
Menveo, and Nimenrix. The quadrivalent Conjugate
Vaccines are increasingly being used for the
active immunization of individuals.
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- Meningococcal Vaccines Market Industry Outlook
- GlaxoSmithKline PLC,
- Pfizer Inc,
- Walvax Biotechnology Co Ltd,
- Bio-Med Pvt Ltd,
- Bio-Manguinhos,
- Chongqing Zhifei Biological Products Co Ltd,
- Incepta Pharmaceuticals Ltd,
- Serum Institute of India Pvt. Ltd,
- Sanofi S.A,
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