Meningococcal Disease Vaccine Market to Exhibit a Remarkable Growth Rate of 10.0% by 2029
The market research report for Meningococcal Disease Vaccine sheds light on prevailing trends, cutting-edge techniques, market projections, and market dynamics for the forecast period, thereby enhancing the fundamental decision-making process within the industry. The report encompasses comprehensive insights, including factors such as constraints, drivers, risks, opportunities, investment prospects, challenges, and recommendations. It elucidates pricing strategies, geographical data, key strategies, competitive analysis, development plans, and diverse financial aspects of the Meningococcal Disease Vaccine market. Various products available in the market are monitored in terms of production volume, revenue, market structure, and demand and supply figures.
The data used in the Meningococcal Disease Vaccine report is sourced from credible outlets such as journals, websites, and annual reports of companies, and has been thoroughly scrutinized and endorsed by industry experts. Market vendors engage in competition based on factors like price, quality, brand recognition, product differentiation, and product portfolios. With this report, vendors can increasingly focus on product enhancements. Moreover, the Meningococcal Disease Vaccine report provides an in-depth analysis of the evolving competitive landscape, keeping the reader ahead of competitors. The information is presented through various tables, graphs, and pie charts.”
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:
- North America: United States, Canada, and Mexico.
- Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
- Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
- 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.
- 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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