Global Meningococcal Vaccines
Market Report
2025
The Meningococcal Vaccines market size is valued at US$ 5.2 billion in 2022 and is projected to reach US$ 13.1 billion till 2030 with a CAGR of 11.4% during forecast period.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The Meningococcal Vaccines market size is valued at US$ 5.2 billion in 2022 and is projected to reach US$ 13.1 billion till 2030 with a CAGR of 11.4% during forecast period.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Meningococcal Vaccines Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 11.4% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Age Group |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Neisseria meningitidis, a bacterium, is the source of the uncommon, severe condition known as meningococcal disease. It can result in blood infection as well as meningitis, an infection of the brain and spinal cord. Any vaccination used to stop Neisseria meningitides infection is referred to as a meningococcal vaccine, the following meningococcal strains: A, B, C, W-135, and Y. Different versions are effective against some or all these strains. For at least two years, the immunizations are between 85 and 100 percent effective. In areas where they are extensively utilized, there is a reduction in meningitis and sepsis. They are administered either subcutaneously or via injection into a muscle. The development of high-quality vaccines at reasonable prices, improved healthcare infrastructure, increasing prevalence of diseases brought on by microorganisms like Neisseria meningitidis, and increasing public awareness of meningococcal vaccination and related immunization are the prime drivers of the meningococcal vaccine market.
The global market for meningitis vaccines is expected to expand as a result of an increase in the prevalence of meningitis and the need for meningitis vaccinations. For instance, according to data from the academic publishing organization Elsevier Inc., based in the Netherlands, more than 25 million cases and 236,000 deaths due to meningitis were reported worldwide in 2019. Meningitis is caused by certain bacteria, viruses and fungi, and parasites, and it can be transmitted from person to person. Therefore, the prevalence of meningitis is increasing, due to which the meningococcal vaccine demand is increasing.
The global meningitis vaccine market is anticipated to increase over the projected period as a result of increasing measures taken by regulatory bodies and national governments to tackle the increasing occurrence of meningitis. For instance, the world health organization and its partners introduced the first-ever worldwide strategy to eradicate meningitis by 2030 in September 2021. The policy aims to eradicate bacterial meningitis epidemics, reduce deaths by 70%, and cut the number of cases by half by 2030.
The high cost of meningitis vaccinations is the main factor that will probably hinder the growth of the worldwide market for meningitis vaccines. For instance, experts from Johns Hopkins University determined that it would not be cost-effective to require meningitis B vaccination for all college students in 2018. The universal vaccination against meningitis B or meningococcal disease serogroup B, for college-aged students, would only be advantageous if the vaccine cost less than US$ 65, according to research. It cost an average of US$ 324.
The development of the market is estimated to be fuelled by the numerous vaccines and phase 1 vaccination research projects that are expected to become commercially available during the forecast period. To compare the safety, immunogenicity, and tolerability of pentavalent meningococcal vaccine candidate PF-06886992 with licensed meningococcal vaccines in adolescents and young adults, Pfizer, began phase 1 clinical studies of the drug in June 2020. Furthermore, a phase 2 clinical trial for the conjugate vaccine Menactra, produced by Serum Institute of India, is now underway as a result, the market is expanding owing to all these trials.
During the projected period, expanding activities by the government and other regulatory bodies are anticipated to fuel the market. For instance, the first-ever worldwide strategy to combat meningitis, a worldwide roadmap to eradicate meningitis by 2030, was introduced by WHO and its partners in September 2021. The major goal is to end bacterial meningitis epidemics, cut mortality by 70% and eliminate new cases by 2030.
The covid-19 has had a negative impact on the market. Due to a decline in meningitis vaccination rates, the Covid pandemic had a detrimental economic effect on the world market for meningitis vaccinations. For instance, Elsevier BV, a Dutch academic publishing house with a focus on scientific, technical, and medical material reported in an article published eleven states of Brazil. The covid-19 pandemic consequently had a negative effect on the number of meningitis vaccination doses delivered. Consequently, the covid-19 had a detrimental economic effect on the market for meningitis vaccines because of drop-in immunization rates.
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CanSino Biological announced that the national medical products administration of China approved the ACYW135 vaccine:
MCV4 vaccine, also known as MenhyciaTM, is the first of its kind to be produced in China. MenhyciaThM binds the carrier protein CRM197 with the common pathogenic meningococcal serogroups A, C, W135, and Y.
Pfizer announced TRUMENBA :
Pfizer reported that TRUMENBA had been given FDA breakthrough therapy designation for its use in actively immunizing children between the ages of 10 and 9 years against invasive illness brought on by Neisseria meningitidis group B. The MenB vaccination has never before been recognized as a Breakthrough Therapy to help safeguard infants as early as one year old. Prior to receiving FDA approval as the first MenB vaccination in the USS, TRUMENBA was previously recognized as a Breakthrough Therapy in 2014 for the prevention of Meng in adolescents and young adults aged 10 to 25 years.
GSK launched ASK2BSure campaign:
This campaign was launched to encourage parents to see doctors about immunizing their kids against meningitis B.
Top Companies Market Share in Meningococcal Vaccines Industry: (In no particular order of Rank)
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In terms of revenue, North America held the largest proportion of the global market. The North American market is being driven by favorable recommendations and assistance from the government as well as significant R&D expenditures. Additionally, it is projected that a strong healthcare system and an increase in awareness campaigns in the area will fuel market expansion. Market participants are also actively engaged in a public awareness drive to increase the region's uptake of the meningococcal vaccines.
The current report Scope analyzes Meningococcal Vaccines Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Meningococcal Vaccines Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Meningococcal Vaccines Industry growth. Meningococcal Vaccines market has been segmented with the help of its Type, Age Group Distribution Channel, and others. Meningococcal Vaccines market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on the type the market is segmented into bivalent, quadrivalent and other. Quadrivalent segments dominate the market. Due to well-known brands like menactra, Menveo and Nimenrix. In addition, it is anticipated that the approval of novel meningococcal vaccines will spur the expansion of their industry. For instance, MenQuadfi was approved by the U.S FDA and was disturbed by Sanofi in April 2020. For the prevention of invasive meningococcal illness in individuals aged 2 and older, a quadrivalent meningococcal conjugate vaccine is available.
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Based on the age group the market is segmented into adults and children, & infants. Due to the increasing prevalence of meningitis, the infant segment is anticipated to experience the quickest growth over the course of the projected period. For instance, the European Centre for disease prevention and Control reported that in 2017, newborns had the greatest prevalence IMD 8.2 confirmed instances were found to be prevalent in Europe for every 100,000 children under the age of one. Furthermore, it is projected that the market would develop due to expanding research on available vaccines to establish their effectiveness in preventing the target diseases.
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Based on the distribution channel market is segmented into private channels and public channels. The public channel segment dominates the market. throughout the forecast period, it is expected to dominate the market. The inclusion of popular meningococcal vaccine brands, including trumenba, bexsero, menactra, nimenrix, Menveo, and others, in immunization programmes the significant market for vaccination against meningococcal illness can be credited with a sizable portion of the segment. For instance, the New South Wales government modified the immunization schedule in July 2020, and the government is financing Bexsero for Aboriginal children and select at risk persons as well as nimenrix for those who are at high risk of infection.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
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The Global Meningococcal Vaccines Market is witnessing significant growth in the near future.
In 2023, the Bivalent segment accounted for noticeable share of global Meningococcal Vaccines Market and is projected to experience significant growth in the near future.
The Adult and Children segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Pfizer , Sanofi SA and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Bivalent, Quadrivalent, Other |
Age Group | Adult and Children, Infant |
Distribution Channel | Public channel, Private channel |
List of Competitors | Pfizer, GlaxoSmithKline, Sanofi SA, Serum institute of India, Walvax Biotechnology, Novartis, Biomed, Baxter international, Sun Pharmaceutical Industries, Mylan |
This chapter will help you gain GLOBAL Market Analysis of Meningococcal Vaccines. Further deep in this chapter, you will be able to review Global Meningococcal Vaccines Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Meningococcal Vaccines. Further deep in this chapter, you will be able to review North America Meningococcal Vaccines Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Meningococcal Vaccines. Further deep in this chapter, you will be able to review Europe Meningococcal Vaccines Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Meningococcal Vaccines. Further deep in this chapter, you will be able to review Asia Pacific Meningococcal Vaccines Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Meningococcal Vaccines. Further deep in this chapter, you will be able to review South America Meningococcal Vaccines Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Meningococcal Vaccines. Further deep in this chapter, you will be able to review Middle East and Africa Meningococcal Vaccines Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Meningococcal Vaccines. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 7 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 8 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 9 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Age Group Analysis 2021 - 2033
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Chapter 11 Market Split by Distribution Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Meningococcal Vaccines market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Bivalent have a significant impact on Meningococcal Vaccines market? |
What are the key factors affecting the Bivalent and Quadrivalent of Meningococcal Vaccines Market? |
What is the CAGR/Growth Rate of Adult and Children during the forecast period? |
By type, which segment accounted for largest share of the global Meningococcal Vaccines Market? |
Which region is expected to dominate the global Meningococcal Vaccines Market within the forecast period? |
Segmentation Level Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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