Overview
Meningococcal Vaccines Market is expected to grow at a CAGR of 12% during the forecast period (2024-2031).
Meningococcal vaccines are intended to protect against infections caused by Neisseria meningitidis. These vaccines target specific strains of meningococcus, including A, B, C, W-135, and Y. Typically, the vaccines offer 80 to 100 percent immunity for two years, though some may require booster doses. They can be monovalent, targeting a single strain, or multivalent, addressing multiple strains.
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Market Growth Trends
The increase in demand for meningococcal vaccines is expected to drive market growth.
Meningococcus is the bacteria responsible for meningitis, a serious illness that presents with symptoms such as fever, vomiting, and headache, similar to those of the common flu. The bacteria can spread throughout the body, multiplying rapidly and eventually affecting the blood, nerves, and brain.
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Market Key Players
- Bio-Manguinhos
- Biomed Pvt. Ltd
- GlaxoSmithKline PLC
- Merck & Co., Inc.
- Pfizer Inc.
- Sanofi Pasteur Inc.
- Serum Institute of India Ltd.
- Walvax Biotechnology Co., Ltd
- Incepta Pharmaceuticals Ltd.
- Chongqing Zhifei Biological Products Co., Ltd.
Market is segmented
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
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
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