Press release
Meningococcal Vaccine Market Expected to Reach US$ 6.1 Billion by 2033 | GlaxoSmithKline Inc., Merck & Co., Inc., Pfizer Inc.
The Global Meningococcal Vaccines Market reached US$ 3.5 billion in 2023 and is expected to reach US$ 6.1 billion by 2033, growing at a CAGR of 6.4% during the forecast period 2025-2033.Meningococcal Vaccine Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
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The Meningococcal Vaccine market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
The meningococcal vaccine protects against meningococcal disease, a serious bacterial infection that can lead to meningitis and sepsis. It works by stimulating the immune system to produce antibodies against Neisseria meningitidis, the bacteria causing the disease. The vaccine is recommended for adolescents, travelers to endemic regions, and individuals with weakened immune systems. Early vaccination can significantly reduce the risk of outbreaks and fatalities.
Forecast Growth Projected:
The Global Meningococcal Vaccine Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2033. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Meningococcal Vaccine Market:
Sanofi S.A., GlaxoSmithKline Inc., Merck & Co., Inc., Pfizer Inc., Bio-Med (P) Limited, Serum Institute of India Pvt. Ltd., Walvax Biotechnology Co., Ltd., Incepta Pharmaceuticals Ltd.
Segment Covered in the Meningococcal Vaccine Market:
By Type: Quadrivalent, Bivalent.
By Product Type: Polysaccharide Meningococcal Vaccines, Conjugate Meningococcal Vaccines, Serogroup Meningococcal Vaccines.
By End User: Hospitals, Community Clinics, Public Health Agencies, Others.
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Industry Development:
In October 2023, Pfizer Inc. announced that the U.S. Food and Drug Administration (FDA) approved PENBRAYA, the first and only pentavalent vaccine offering protection against the five most common serogroups causing meningococcal disease in adolescents and young adults aged 10 to 25 years. PENBRAYA combines components from two existing vaccines, Trumenba (meningococcal group B vaccine) and Nimenrix (meningococcal groups A, C, W-135, and Y conjugate vaccine), to provide comprehensive coverage against the serogroups responsible for the majority of invasive meningococcal disease (IMD) worldwide.
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Regional Break out:
The global Meningococcal Vaccine Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Meningococcal Vaccine manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Meningococcal Vaccine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Meningococcal Vaccine market?
➠ Who are the global key manufacturers of the Meningococcal Vaccine Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Meningococcal Vaccine market opportunities and threats faced by the vendors in the global Meningococcal Vaccine Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Meningococcal Vaccine market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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