Meningococcal Vaccines Market Region and Demand Overview by 2030

by Michael Jaikishan on May 10, 2023 Health & Fitness 347 Views

Meningococcal vaccine is typically zed as a vaccine used to prevent infection caused by Neisseria meningtidis. This vaccine is given either in the form of injection into the muscle and also under the skin. These vaccines are based on polysaccharide-based, glycoconjugate, protein-based and combined conjugate vaccines, which usually target the pathogen's serogroups. The meningococcal vaccine helps to decline the global incidence of meningococcal meningitis diseases.

 

According to the Centers for Disease Control and Prevention (CDC) records, about 1.2 million cases of bacterial meningitis are estimated to occur globally each year. Bacterial meningitis can occur at any age. Whereas infants are at a larger risk of developing bacterial meningitis. Numerous campaigns and awareness programs are being organized by several government & non-government organizations.

 

Data Bridge Market Research analyses a growth rate in the meningococcal vaccines market in the forecast period 2023-2030. The expected CAGR of the meningococcal vaccines market tends to be around 6.7% in the mentioned forecast period. The market was valued at USD 3.07 million in 2022 and would grow to USD 5.16 million by 2030. 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.

 

Asia-Pacific has been witnessing positive growth for the meningococcal vaccines market throughout the forecasted period due to the presence of key manufacturers of the product is high and, increasing research and development activities, healthcare expenditure .

 

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North America dominates the market due to increased new research and developments on meningococcal vaccines market.

 

Key players operating in the meningococcal vaccines market include:

 

Johnson & Johnson Private Limited (U.S.)
Mylan N.V. (U.S.)
Sun Pharmaceutical Industries Limited (India)
Sanofi S.A.(France)
Merck & Co., Inc. (U.S.)
GSK plc (U.K.)
Novartis AG (Switzerland)
AbbVie Inc. (U.S.)
Fresenius Kabi AG (Germany)
Amneal Pharmaceuticals LLC. (U.S.)
Pfizer Inc. (U.S.)
Serum Institute of India Pvt. Ltd (India)
Incepta Pharmaceuticals Ltd. (India)
Walvax Biotechnology Co., Ltd (China)
Bio-Manguinhos (Brazil)
 

 

About Data Bridge Market Research, Private Ltd

 

Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.

 

Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”

 

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Article source: https://article-realm.com/article/Health-Fitness/44260-Meningococcal-Vaccines-Market-Region-and-Demand-Overview-by-2030.html

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