Meningococcal Disease Vaccine Market Set to Reach Valuation of USD 6.60 Billion By 2029, Size, Share, Tends, Demand, Future Growth and Competitive Analysis

PRESS RELEASE
Published October 18, 2023

The Global Meningococcal Disease Vaccine market survey report conducts a thorough analysis of the market’s potential, encompassing the current landscape and future prospects. It delves into various facets of the Meningococcal Disease Vaccine industry, offering the latest market insights and a comprehensive analysis that brings the marketplace sharply into focus. This market research study assesses the market’s status, growth trajectory, forthcoming trends, drivers, opportunities, challenges, risks, entry barriers, sales channels, and distribution networks. The report emphasizes key market dynamics, the current market scenario, and the future outlook for the Meningococcal Disease Vaccine industry. The Meningococcal Disease Vaccine market research report is the result of a synergistic blend of industry expertise, innovative solutions, practical insights, and the utilization of technology to enhance the user experience.

This influential Meningococcal Disease Vaccine market report encompasses all the studies and estimations integral to the standard market research analysis process. It offers a detailed examination of various market segments expected to experience the most rapid growth during the forecast period. Proficient skills and outstanding resources in research, data collection, development, consulting, evaluation, compliance, and regulatory services converge to create this top-tier market research report. The report caters to diverse business needs and aids in informed decision-making and efficient operations. The Meningococcal Disease Vaccine market research report is poised to empower businesses to make well-informed decisions and effectively manage the marketing of their goods and services.

Data Bridge Market Research analyses that the meningococcal disease vaccine market was valued at USD 3.08 billion in 2021 and is expected to reach USD 6.60 billion by 2029, registering a CAGR of 10.0% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Meningococcal disease is an uncommon infection caused by the bacteria Neisseria meningitidis that affects the lining of the brain, spinal cord, and blood. The germs that cause meningococcal disease transmit by saliva or spit, usually through direct contact with sick persons and subsequent contact. Meningococcal septicemia occurs when the meningococcal infection spreads to the bloodstream, causing bleeding into the skin and organs, fever and chills, vomiting and diarrhoea, and chilly hands and feet. Headache, stiff neck, heightened sensitivity to light, and feeling disoriented are some of the other symptoms. Protection against these infections is extremely crucial because they can swiftly turn lethal, causing major disabilities such as hearing loss or brain damage, or even death in just a few hours.

Key Growth Drivers:

  • Increasing prevalence of meningitis

The rising prevalence of meningitis is estimated to enhance the meningococcal disease vaccine market’s growth rate. Meningitis is an inflammation of the brain and spinal cord’s inner lining caused by infectious (viral, bacterial, and occasionally fungal) or non-infectious sources. Meningitis is a deadly disease with a quick onset of symptoms. Meningitis can cause significant brain damage in about half of the afflicted population if left untreated. Mental retardation, epilepsy, and deafness are only a few of the significant side effects. According to the Meningitis Research Foundation, enteroviruses are responsible for approximately 80% to 90% of meningitis cases in 2017, with the remaining 10% being caused by herpes virus, mumps, measles, and human immunodeficiency virus.

  • Increasing investment for healthcare infrastructure

Another significant factor influencing the growth rate of meningococcal disease vaccine market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.

The report outlines the involvement of key players, including:

AstraZeneca (U.K.), Johnson & Johnson Private Limited (U.S.), Mylan N.V. (U.S.), Teva Pharmaceutical Industries Ltd.(Israel), Pfizer Inc. (U.S.), GlaxoSmithKline plc (U.K.), Novartis AG (Switzerland), Sanofi (France), Merck & Co., Inc. (U.S.),  F. Hoffmann-La Roche Ltd. (Switzerland), Serum Institute of India Pvt. Ltd. (India),  Baxter (U.S.),   Walvax Biotechnology Co., Ltd. (China), BIO-MED (India), Bio-Manguinhos (Brazil)

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Key Market Segmentation

Vaccine Serotype (MenACWY, MenB and Manic, MenC, MenA, MenAC, Others), Route of Administration (Parenteral, Others), Age Group (Infants (0 to 2 years), Children and Adults (2 years and above)), Vaccine Type (Polysaccharide, Conjugate, Combination), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)

The Meningococcal Disease Vaccine market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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