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FDA-Approved Meningococcal Vaccines Market In 2025: Driving Global Immunization | Major Leading Companies - Sanofi S.A., GlaxoSmithKline Inc., Merck & Co., Inc., Pfizer Inc., Bio-Med (P) Limited, Serum Institute of India Pvt. Ltd
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 Vaccines Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Meningococcal vaccines are vaccines that provide protection against infections caused by the bacterium Neisseria meningitidis, which can lead to meningitis and bloodstream infections (meningococcemia). These vaccines target specific strains of the bacteria, with the most common being groups A, B, C, W, and Y. Vaccines are available in various forms, including conjugate vaccines (such as MenACWY) and serogroup B vaccines (MenB). They are typically administered to infants, adolescents, and at-risk individuals to prevent potentially life-threatening diseases.
Market Growth:
For instance, in October 2023, Pfizer Inc. cleared the U.S. Food and Drug Administration (FDA) approval of PENBRAYA (meningococcal groups A, B, C, W and Y vaccine), the first and only pentavalent vaccine that provides coverage against the most common serogroups causing meningococcal disease in adolescents and young adults 10 through 25 years of age. PENBRAYA combines the components from two meningococcal vaccines, Trumenba (meningococcal group B vaccine) and Nimenrix (meningococcal groups A, C, W-135, and Y conjugate vaccine) to help protect against the five most common meningococcal serogroups that cause the majority of invasive meningococcal disease (IMD) globally.
List of the Key Players in the Meningococcal Vaccines 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.
Industry Development:
Leading players like GSK, Pfizer, and Sanofi are strategically focusing on the Asia Pacific market due to its significant growth potential. These companies are broadening their product offerings and boosting production capacity to meet the surging demand. For example, GSK's MenACWY vaccine has gained widespread acceptance across Asia Pacific nations, thanks to its effectiveness and inclusion in public health initiatives. Similarly, Pfizer's MenB vaccines, including Bexsero, are gaining popularity in the region, driven by growing awareness and vaccination campaigns aimed at university students and military personnel.
Growth Forecast Projected:
The Global Meningococcal Vaccines 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.
Research Process:
Both primary and secondary data sources have been used in the global Meningococcal Vaccines Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Meningococcal Vaccines 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
Regional Analysis for Meningococcal Vaccines Market:
The regional analysis of the Meningococcal Vaccines Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Meningococcal Vaccines market?
➠ Who are the leading manufacturers in the global Meningococcal Vaccines industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Meningococcal Vaccines industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Meningococcal Vaccines market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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