The Meningococcal Vaccines Market To Ride On Technological Advancements

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Title: The Meningococcal Vaccines Market To Ride On Technological Advancements


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Meningococcal Vaccines Market
Report Id PMRREP3640 Category Life Science
Healthcare
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The Meningococcal Vaccines Market To Ride On
Technological Advancements
  • The meningococcal vaccine market has expanded to
    a significant extent over the past few years in
    correspondence to the parent market. Constant
    research and development in meningococcal
    vaccines for various meningococcal disease
    preventive applications, coupled with the
    sanctions of subsidy support of government
    organizations for immunization program are among
    the significant factors that are anticipated to
    drive the growth of the meningococcal vaccine
    market during the forecast period.
  • Expansion of the age group indication related to
    new sero-groups is boosting the potential
    population pool, thus boosting the market growth.
    As per the latest research by PMR, the global
    meningococcal vaccine market is estimated to
    account for  US 6.5 billion in terms of revenue
    by the end of 2029. The meningococcal vaccine
    market report also projects a significant growth
    prospective with a projected average Y-o-Y growth
    rate of  10 during the forecast period.

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Know more about the Meningococcal Vaccines Market
PMR has segmented the global market for
meningococcal vaccine based on product type, age
group, distribution channel, and region. By
product type, the market for meningococcal
vaccine is further segmented into Serogroup B
Meningococcal Vaccine (MenB-FHpb/MenB-4C),
Meningococcal Conjugate Vaccine (MCV4) and
Meningococcal Polysaccharide Vaccine (MPSV4). On
the basis of age group, the meningococcal vaccine
market is further segmented into Infants (0-24
months), Children, Adolescents and Young Adults,
and Adults. On the basis of distribution
channel, the meningococcal vaccine market is
segmented into Retail Sales and Institutional
Sales. The institutional sales segment is further
classified into Community Clinics, Public Health
Agencies and Hospitals. By region, the
meningococcal vaccine market is segment into
Europe, Latin America, North America, South Asia,
East Asia, Oceania, and the Middle East Africa.
The report tracks some of the major companies
operating in the meningococcal vaccine market,
which include GlaxoSmithKline Biologicals SA,
Sanofi Pasteur SA, Wyeth Pharmaceuticals Inc. (a
subsidiary of Pfizer Inc.), and Serum Institute
of India Ltd.
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