Meningococcal Vaccines Market Share: Competitive Landscape Analysis With Forecast by 2027

 

Meningococcal Vaccines Market

Market Highlights

According to Market Research Future (MRFR) analysis, the Meningococcal Vaccines Market Share 2020 can thrive at a considerable CAGR across the analysis period 2019 to 2025. By 2025, the meningococcal vaccine market can touch USD Million from USD 172 Million in 2019.

Get Sample Report- https://www.marketresearchfuture.com/sample_request/8622

The rise in cases of meningococcal disease is expected to support the expansion of the market through the analysis period. As the mortality rate of meningococcal disease surge, the demand for vaccine increases. A high number of people have shown resistance to the disorder on vaccination. Thus, the increase in cases of prevention of meningococcal disorder by vaccination have created high demand. The rise in the production for meningococcal vaccine is observed to meet its rising need. These factors are expected to drive the market across the analysis period. In addition, hefty investment and increase in research and development for the identification and formulation of novel drug moiety to prevent meningococcal vaccine market can bolster the rise of the market through the review period. However, issues regarding approval of research projects can limit the growth of the meningococcal vaccine market in the years ahead.

Key Players

Baxter International, Novartis Pharmaceuticals Canada Inc, Pfizer Inc., Sanofi S.A., Biomed Pvt. Ltd., JN-International Medical Corporation, GlaxoSmithKline, and Serum Institute of India Ltd. among others are some influential meningococcal vaccines markets as listed by MRFR.

Market Segmentation

The segment assessment of the Meningococcal Vaccines global Market is done by treatment type and end-user.

·         The treatment type based segments of the meningococcal market are polysaccharide, sub-capsular vaccine, and meningococcal conjugate vaccine. The polysaccharide segment can surge due to the increase in demand for products, such as MenACWY vaccines. In addition, the rise in demand for novel MenB vaccines can support the expansion of the meningococcal vaccine market across the analysis period.

·         The end-user based segments of the meningococcal vaccines global market are research & academic institutes, and hospitals & clinics among others. The hospitals and clinics segment is expected to significantly control the meningococcal vaccines market in the years to come. The expansion of the hospitals and clinics segment can be attributed to the rise in the application of vaccines and easy accessibility to healthcare facilities. The rise in number of in-patients suffering from meningococcal disease can contribute to the expansion of the segment, which, in turn, impact the market rise. The increase in R&D for the investigation of new drug to treat meningococcal problem can cause the research laboratories and academic segment to surge in the years to come.

Regional Analysis

The application of meningococcal vaccines for the immunization of special risk groups, such as travellers and military personnel are highly recommended, although not-reimbursed. The launch of immunization program in meningitis prone countries include meningococcal vaccines only for risk groups. The increased in such cases and active steps taken by healthcare welfare controlling governments and organizations are forces that are likely to contribute to the expansion of the meningococcal vaccines market in the Asia Pacific region. The rise in interest for the introduction of multivalent and conjugate vaccine into scheduled national immunization programs in the MEA region can contribute to the regional market expansion. In North America, the easy availability of expertise can contribute to the expansion of the regional market. The ease of availability of C- and W-containing vaccines as issues related to these sero-groups are increasing can support the expansion of meningococcal market across the analysis period. Europe meningococcal vaccine market can surge due to the increase in cases of medical cases in the region.

Industry News

·         November 2020

A renowned French pharma company, Sanofi, has received approval from the European Commission for its Meningococcal (MenACWY) vaccine MenQuadfi. The EC has given conformity for immunizing the individuals from the age of 12 months and older.

Browse Full Report-

https://www.marketresearchfuture.com/reports/meningococcal-vaccines-market-8622

Related Report-

Hearing Aids Market Research Report - Global Forecast till 2027

Patient Engagement Solutions Market Research Report - Global Forecast till 2027           

About US:

Market Research Future (MRFR) enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York,

New York 10013

 

Comments

Post a Comment

Popular posts from this blog

Dry Age-Related Macular Degeneration Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Competitive Strategies

Image
  Dry Age-Related Macular Degeneration Market This degenerative eye disease is caused by the thinning of the macula and interferes with a clear vision in the elderly. The macula is part of the retina that facilitates clear vision; when this part of the eye deteriorates, it causes blurred or distorted vision. But this does not mean that the individual will lose his or her sight, only the central vision is affected by this degenerative disease, and the peripheral vision remains intact. Vision loss is slow and can be corrected using innovative ocular treatments. It has been estimated that the Dry Age-Related Macular Degeneration Market has seen a jump due to increased research in drugs, rising amount of COVID-19 cases among the old and age-restricted chronic diseases.   The dry age-related macular degeneration AMD market is expected to cross USD 15,351.07 million by 2027 at a CAGR of 8.20% during the forecast period   List of Key Companies Covered...
Read more

Cardiopulmonary Resuscitation Market: Innovations and Trends Shaping Life-Saving Techniques

  Introduction Cardiopulmonary Resuscitation (CPR) stands as a vital life-saving technique that has transformed emergency healthcare. As the cornerstone of effective response to cardiac arrest, the CPR market has been witnessing remarkable advancements driven by technology, research, and innovation. This article delves into the evolving landscape of the Cardiopulmonary Resuscitation Market, highlighting its trends, innovations, and impact on global healthcare. CPR: A Lifeline in Critical Moments Cardiopulmonary resuscitation, commonly referred to as CPR, is a crucial technique employed to sustain blood circulation and provide oxygen to the brain during cardiac arrest. It involves chest compressions and, in some cases, rescue breaths to maintain oxygen levels until professional medical assistance arrives. CPR significantly increases the chances of survival when performed promptly and correctly. Market Growth and Trends The CPR market has been experiencing steady growth due to incre...
Read more

Pain Management Devices Market Set To Exhibit Strong Growth, Valuable Research Factors and Industry Forecast to 2030

Image
  Pain Management Devices Market – Overview The Pain Management Devices Market can anticipate expansion at a rate of 7.12% from 2020 to 2030, believes MRFR (Market Research Future). Progress in technology and better research capabilities have led to the development of devices that can control pain with limited use of drugs. Focused Market reports connected to the healthcare sector among others lately have been made available by Market Research Future which publishes a report on this sector. The development of pain management devices has been useful to control pain in a wide range of ailments. The level of relief from pain that is experienced, is one of the major driving factors for the industry, as patients who use such devices are prone to chronic pain daily. Cancer patients and the geriatric population are among the major user segments for the pain management devices as medication alone may not be sufficient to provide pain relief in their situation. The industry is antici...
Read more