Meningococcal Vaccines Market Share Analysis Report, 2022-2030
The global Meningococcal Vaccines market size was estimated at USD 4.8 billion in 2021 and is expected to surpass around USD 10.7 billion by 2030 and poised to grow at a compound annual growth rate (CAGR) of 9.20% during the forecast period 2022 to 2030.
Overview of Meningococcal Vaccines Market
Meningococcal vaccines are used to prevent diseases such as meningitis, meningococcemia, and septicemia caused due to N. meningitides. Meningococcal disease, especially meningococcal meningitis, is highly infectious among individuals or communities. Several meningococcal serogroups have been identified to date; of these, serogroups A, B, C, Y, and W-135 are the most prominent ones causing the infection. Rise in prevalence of meningococcal meningitis has recently emerged as a public health concern. Several meningococcal infection treatment options are available around the world; however, the disease still claims several lives.
Meningococcal disease is spread through contact with secretions from the nose and throat (saliva or spit). Kissing, sharing silverware, drinking from the same container, sharing a cigarette or lipstick, coughing, and having close social contact (living in the same house) are examples of how the disease spreads. Vaccination is one of the most effective ways to prevent meningococcal disease.
Report Scope of the Meningococcal Vaccines Market
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Report Coverage |
Details |
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Market Size |
USD 10.7 Billion by 2030 |
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Growth Rate |
CAGR of 9.20% from 2022 to 2030 |
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Largest Market |
North America |
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Fastest Growing Market |
Asia Pacific |
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Base Year |
2021 |
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Forecast Period |
2022 to 2030 |
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Segments Covered |
Type, End-user, And Geography, |
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Companies Mentioned |
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Rise in Prevalence of Meningitis to Drive Global Meningococcal Vaccines Market
Meningococcal disease is infrequent; however, it has a fatality rate between 5.9% and 15.2%. If left untreated, it frequently leads to serious complications. Meningococcal meningitis causes an infection of the brain and spinal cord lining. It has the potential to cause large epidemics and endemics. Each year, approximately 10 to 15 of every 100 people infected with meningococcal disease die. One in every five survivors is likely to suffer from permanent disabilities such as deafness, brain damage, limb loss, or seizures. Hence, demand for meningitis vaccines is increasing around the globe.
Increase in Awareness about Disease and Growth in Marketing Approvals to Boost Market
The National Meningitis Association (NMA) encourages collaboration by offering opportunities to work with government agencies, corporations, and other non-profit organizations in order to raise awareness about meningococcal disease, its prevention, and the critical need for immediate treatment after diagnosis. Increase in coverage rate of immunization programs around the world is likely to increase access to vaccines. The Meningitis Foundation of America (MFA) is a non-profit organization that provides information and support to people who suffer from meningitis. The foundation also aims to raise public and medical awareness about the early symptoms of meningitis. Thus, the meningococcal vaccines market is estimated to expand at a steady pace during the forecast period.
Rise in Sale of Meningococcal Conjugate Vaccines in Developing Countries to Fuel Market
Based on type, the conjugate vaccine segment is projected to dominate the market and account for 62% share by 2031. The benefits of meningococcal conjugate vaccines, such as long-lasting immunity, immunologic memory, avidity, and herd immunity, are driving sales. This trend is expected to continue during the forecast period. Conjugate vaccines are extensively used in mass vaccination campaigns in affected areas such as Africa. Moreover, they have the ability to increase antibody persistence. Various meningococcal conjugate vaccine programs have been introduced around the world over the last few decades. The vaccine has significantly reduced the incidence of meningococcal disease since 2010. The recently introduced serogroup C conjugate vaccine is safe and effective even in the youngest children. Vaccines against group B meningococci have shown modest efficacy in both children and adults.
Government Support and High R&D investments Boosting Market in North America
North America dominated the global meningococcal vaccines market in 2021. The market in the region is anticipated to expand at a notable CAGR from 2022 to 2030. Government recommendations and support, and high R&D investments are driving the market in North America. The U.S. is expected to be a prominent market for meningococcal vaccines in North America due to the rise in disease awareness and improved health care infrastructure in the country. Meningococcal disease has been declining in the U.S. since the 1990s. According to the Centers for Disease Control and Prevention (CDC), approximately 350 cases of meningococcal disease were reported in 2017. Furthermore, awareness among the general public is increasing. The meningococcal vaccines market in Asia Pacific is projected to grow at a rapid pace due to the presence of a large population, improved access to health care systems, and increase in awareness about the meningococcal disease in the region.
Analysis of Key Players in Global Meningococcal Vaccines Market
The global meningococcal vaccines market is fragmented, with a large number of large-scale vendors controlling a majority of the share. Most of the firms are investing significantly in comprehensive research and development activities. Expansion of product portfolios and mergers and acquisitions are major strategies adopted by key players. Market players are focusing on key trends in meningococcal vaccines with the help of recent R&D insights.
Sanofi SA, Novartis International, GlaxoSmithKline plc, Pfizer Inc., Nuron Biotech, JN-International Medical Corporation, Serum Institute of India Ltd., Baxter International, and Biomed Pvt. Ltd. are the prominent entities operating in the market. Each of these players has been profiled in the meningococcal vaccines market report based on parameters such as company overview, financial overview, business strategies, application portfolio, business segments, and recent developments.
Key Developments in Global Meningococcal Vaccines Market
Some of the prominent players in the Meningococcal Vaccines Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Meningococcal Vaccines market
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Benefits for Stakeholders
Chapter 1. Introduction
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary : Global Meningococcal Vaccines Market
4. Market Overview
4.1. Introduction
4.1.1. Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Meningococcal Vaccines Market Analysis and Forecast, 2021–2030
5. Key Insights
5.1. Pipeline Analysis
5.2. Regulatory Scenario by Region/globally
5.3. Covid-19 Impact analysis
6. Global Meningococcal Vaccines Market Analysis and Forecast, by Type
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Global Meningococcal Vaccines Market Value Forecast, by Type, 2021–2030
6.3.1. Polysaccharide
6.3.1.1. Menomune
6.3.1.2. Mencevax
6.3.1.3. NmVac4
6.3.1.4. Others
6.3.2. Conjugate Vaccines
6.3.2.1. Menactra
6.3.2.2. Menveo
6.3.2.3. NeisVac-C
6.3.2.4. Nimenrix
6.3.2.5. Others
6.3.3. Combination Vaccines
6.3.3.1. MenHibrix
6.3.3.2. Menitorix
6.3.4. Men B Vaccines
6.3.4.1. Bexsero
6.3.4.2. Trumenba
6.4. Global Meningococcal Vaccines Market Attractiveness, by Type
7. Global Meningococcal Vaccines Market Analysis and Forecast, by End-user
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Global Meningococcal Vaccines Market Value Forecast, by End-user, 2021–2030
7.3.1. Retail Pharmacies
7.3.2. Hospital Pharmacies
7.3.3. Others (online pharmacies, drug stores)
7.4. Global Meningococcal Vaccines Market Attractiveness, by End-user
8. Global Meningococcal Vaccines Market Analysis and Forecast, by Region
8.1. Key Findings
8.2. Global Meningococcal Vaccines Market Value Forecast, by Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
8.3. Global Meningococcal Vaccines Market Attractiveness, by Country/Region
9. North America Meningococcal Vaccines Market Analysis and Forecast
9.1. Introduction
9.1.1. Key Findings
9.2. North America Meningococcal Vaccines Market Value Forecast, by Type, 2021–2030
9.2.1. Polysaccharide
9.2.1.1. Menomune
9.2.1.2. Mencevax
9.2.1.3. NmVac4
9.2.1.4. Others
9.2.2. Conjugate Vaccines
9.2.2.1. Menactra
9.2.2.2. Menveo
9.2.2.3. NeisVac-C
9.2.2.4. Nimenrix
9.2.2.5. Others
9.2.3. Combination Vaccines
9.2.3.1. MenHibrix
9.2.3.2. Menitorix
9.2.4. Men B Vaccines
9.2.4.1. Bexsero
9.2.4.2. Trumenba
9.3. North America Meningococcal Vaccines Market Value Forecast, by End-user, 2021–2030
9.3.1. Retail Pharmacies
9.3.2. Hospital Pharmacies
9.3.3. Others (online pharmacies, drug stores)
9.4. North America Meningococcal Vaccines Market Value Forecast, by Country, 2021–2030
9.4.1. U.S.
9.4.2. Canada
9.5. North America Meningococcal Vaccines Market Attractiveness Analysis
9.5.1. By Type
9.5.2. By End-user
9.5.3. By Country
10. Europe Meningococcal Vaccines Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Europe Meningococcal Vaccines Market Value Forecast, by Type, 2021–2030
10.2.1. Polysaccharide
10.2.1.1. Menomune
10.2.1.2. Mencevax
10.2.1.3. NmVac4
10.2.1.4. Others
10.2.2. Conjugate Vaccines
10.2.2.1. Menactra
10.2.2.2. Menveo
10.2.2.3. NeisVac-C
10.2.2.4. Nimenrix
10.2.2.5. Others
10.2.3. Combination Vaccines
10.2.3.1. MenHibrix
10.2.3.2. Menitorix
10.2.4. Men B Vaccines
10.2.4.1. Bexsero
10.2.4.2. Trumenba
10.3. Europe Meningococcal Vaccines Market Value Forecast, by End-user, 2021–2030
10.3.1. Retail Pharmacies
10.3.2. Hospital Pharmacies
10.3.3. Others (online pharmacies, drug stores)
10.4. Europe Meningococcal Vaccines Market Value Forecast, by Country/Sub-region, 2021–2030
10.4.1. Germany
10.4.2. U.K.
10.4.3. France
10.4.4. Italy
10.4.5. Spain
10.4.6. Rest of Europe
10.5. Europe Meningococcal Vaccines Market Attractiveness Analysis
10.5.1. By Type
10.5.2. By End-user
10.5.3. By Country/Sub-region
11. Asia Pacific Meningococcal Vaccines Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Asia Pacific Meningococcal Vaccines Market Value Forecast, by Type, 2021–2030
11.2.1. Polysaccharide
11.2.1.1. Menomune
11.2.1.2. Mencevax
11.2.1.3. NmVac4
11.2.1.4. Others
11.2.2. Conjugate Vaccines
11.2.2.1. Menactra
11.2.2.2. Menveo
11.2.2.3. NeisVac-C
11.2.2.4. Nimenrix
11.2.2.5. Others
11.2.3. Combination Vaccines
11.2.3.1. MenHibrix
11.2.3.2. Menitorix
11.2.4. Men B Vaccines
11.2.4.1. Bexsero
11.2.4.2. Trumenba
11.3. Asia Pacific Meningococcal Vaccines Market Value Forecast, by End-user, 2021–2030
11.3.1. Retail Pharmacies
11.3.2. Hospital Pharmacies
11.3.3. Others (online pharmacies, drug stores)
11.4. Asia Pacific Meningococcal Vaccines Market Value Forecast, by Country/Sub-region, 2021–2030
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia & New Zealand
11.4.5. Rest of Asia Pacific
11.5. Asia Pacific Meningococcal Vaccines Market Attractiveness Analysis
11.5.1. By Type
11.5.2. By End-user
11.5.3. By Country/Sub-region
12. Latin America Meningococcal Vaccines Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Latin America Meningococcal Vaccines Market Value Forecast, by Type, 2021–2030
12.2.1. Polysaccharide
12.2.1.1. Menomune
12.2.1.2. Mencevax
12.2.1.3. NmVac4
12.2.1.4. Others
12.2.2. Conjugate Vaccines
12.2.2.1. Menactra
12.2.2.2. Menveo
12.2.2.3. NeisVac-C
12.2.2.4. Nimenrix
12.2.2.5. Others
12.2.3. Combination Vaccines
12.2.3.1. MenHibrix
12.2.3.2. Menitorix
12.2.4. Men B Vaccines
12.2.4.1. Bexsero
12.2.4.2. Trumenba
12.3. Latin America Meningococcal Vaccines Market Value Forecast, by End-user, 2021–2030
12.3.1. Retail Pharmacies
12.3.2. Hospital Pharmacies
12.3.3. Others (online pharmacies, drug stores)
12.4. Latin America Meningococcal Vaccines Market Value Forecast, by Country/Sub-region, 2021–2030
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
12.5. Latin America Meningococcal Vaccines Market Attractiveness Analysis
12.5.1. By Type
12.5.2. By End-user
12.5.3. By Country/Sub-region
13. Middle East & Africa Meningococcal Vaccines Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Middle East & Africa Meningococcal Vaccines Market Value Forecast, by Type, 2021–2030
13.2.1. Polysaccharide
13.2.1.1. Menomune
13.2.1.2. Mencevax
13.2.1.3. NmVac4
13.2.1.4. Others
13.2.2. Conjugate Vaccines
13.2.2.1. Menactra
13.2.2.2. Menveo
13.2.2.3. NeisVac-C
13.2.2.4. Nimenrix
13.2.2.5. Others
13.2.3. Combination Vaccines
13.2.3.1. MenHibrix
13.2.3.2. Menitorix
13.2.4. Men B Vaccines
13.2.4.1. Bexsero
13.2.4.2. Trumenba
13.3. Middle East & Africa Meningococcal Vaccines Market Value Forecast, by End-user, 2021–2030
13.3.1. Retail Pharmacies
13.3.2. Hospital Pharmacies
13.3.3. Others (online pharmacies, drug stores)
13.4. Middle East & Africa Meningococcal Vaccines Market Value Forecast, by Country/Sub-region, 2021–2030
13.4.1. GCC Countries
13.4.2. South Africa
13.4.3. Rest of Middle East & Africa
13.5. Middle East & Africa Meningococcal Vaccines Market Attractiveness Analysis
13.5.1. By Type
13.5.2. By End-user
13.5.3. By Country/Sub-region
14. Competition Landscape
14.1. Market Player - Competition Matrix (by tier and size of companies)
14.2. Market Share Analysis, by Company, 2021
14.3. Company Profiles
14.3.1. Sanofi SA
14.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.1.2. Product Portfolio
14.3.1.3. SWOT Analysis
14.3.1.4. Strategic Overview
14.3.2. Novartis International
14.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.2.2. Product Portfolio
14.3.2.3. SWOT Analysis
14.3.2.4. Strategic Overview
14.3.3. GlaxoSmithKline plc
14.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.3.2. Product Portfolio
14.3.3.3. SWOT Analysis
14.3.3.4. Strategic Overview
14.3.4. Pfizer Inc.
14.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.4.2. Product Portfolio
14.3.4.3. SWOT Analysis
14.3.4.4. Strategic Overview
14.3.5. Nuron Biotech.
14.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.5.2. Product Portfolio
14.3.5.3. SWOT Analysis
14.3.5.4. Strategic Overview
14.3.6. JN-International Medical Corporation.
14.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.6.2. Product Portfolio
14.3.6.3. SWOT Analysis
14.3.6.4. Strategic Overview
14.3.7. Serum Institute of India Ltd
14.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.7.2. Product Portfolio
14.3.7.3. SWOT Analysis
14.3.7.4. Strategic Overview
14.3.8. Baxter International
14.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)
14.3.8.2. Product Portfolio
14.3.8.3. SWOT Analysis
14.3.8.4. Strateic Overview
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers