Press release
Meningococcal Vaccines Market Size, Share, Growth Report and Forecast 2024-2032
Meningococcal vaccines are used to prevent infection caused by Neisseria meningitidis bacteria. These infections can lead to severe diseases, such as meningitis and sepsis. The vaccines are essential, especially for infants, teenagers, and people with specific health conditions, due to the high risk of infection in these groups.
Government initiatives and immunisation programs in various countries play a pivotal role in increasing the vaccination rate, directly driving the meningococcal vaccines market demand. Healthcare organisations and governments are working to raise awareness about the risks of meningococcal disease and the benefits of vaccination, leading to a growing educated population opting for immunisation. Increased global travel and migration are contributing to the spread of meningococcal disease, escalating the demand for effective vaccines.
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As per the meningococcal vaccines market analysis, North America currently dominates the global market due to high awareness levels, advanced healthcare infrastructure, and widespread government immunisation programs. Europe follows closely. The Asia-Pacific region, led by China and India, is expected to witness robust growth due to increasing government initiatives and rising awareness. More countries are expected to introduce or expand national immunisation programs against meningococcal disease, further driving demand for these vaccines.
Prominent meningococcal vaccines market players include GlaxoSmithKline plc, Pfizer Inc., Sanofi S.A., and Serum Institute of India. These companies are focusing on research and development activities, forming strategic partnerships, and expanding their product portfolios to strengthen their market positions.
The development of combination vaccines, which protect against multiple strains of meningococcal disease or other diseases, is a significant meningococcal vaccines market trend that is likely to shape the future of this market.
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Meningococcal Vaccines Market Segmentation
The market can be divided based on type, age group, brand, end user, distribution channel, and region.
Market Breakup by Type
Mono Vaccines
Combination Vaccines
Market Breakup by Age Group
Infants
Childrens
Adults
Market Breakup by Brand
Menactra
Menveo
Nimenrix
Trumenba
Bexsero
Others
Market Breakup by End User
Hospitals
Homecare
Speciality Clinics
Others
Market Breakup by Distribution Channel
Hospital Pharmacy
Online Pharmacy
Retail Pharmacy
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global meningococcal vaccines market. Some of the major players explored in the report by Expert Market Research are as follows:
Johnson & Johnson Private Limited
Mylan N.V.
Sun Pharmaceutical Industries Limited
Sanofi S.A.
Merck & Co., Inc.
GSK plc.
Novartis AG
AbbVie Inc.
Fresenius Kabi AG
Amneal Pharmaceuticals LLC.
Pfizer Inc.
Serum Institute of India Pvt. Ltd.
Incepta Pharmaceuticals Ltd.
Walvax Biotechnology Co., Ltd.
Bio-Manguinhos
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