The Global Meningococcal Vaccines Market was valued at USD 1,938 million in 2019 which is expected to reach USD 4,196 million by 2030 at CAGR 9.3%.
Meningitis is caused by various fungi, bacteria, and viruses. The bacterial form of meningitis is called as meningococcal meningitis which is caused by Neisseria meningitides (meningococcus) bacteria. Meningococcal meningitis disease is prevented by using meningococcal vaccines.
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Top Key Players/Manufacturers of Global Meningococcal Vaccines Market:
- I
Global Meningococcal Vaccines Market Production Breakdown Data by Top Regional scope:
· NorthAmerica
· Asia Pacific
· Europe
· Latin America
· Middle East
By Drivers Global Meningococcal Vaccines Market is Primarily split into:
- Increase n number of reportable cases of individuals suffering from meningococcal meningitis in the Sub-Saharan African region is the key driving factor which is expected to boost the global meningococcal vaccines market growth. For instance, in 2018, according to World Economic Forum’s report around 37.4 million tourist arrivals were recorded in Sub-Saharan Africa. Furthermore, increase in government awareness programs as well as rise in government interventions in refining healthcare infrastructure will have the positive impact on growth of global meningococcal vaccines market. Moreover, increase in research & development activities for meningococcal vaccine which is expected to boost the global meningococcal vaccines market growth.
Market Segmentation:
· Global Meningococcal Vaccines Market is segmented into vaccine serotype such as MenAC, MenA, MenC, MenB & Manic, and MenACWY, by vaccine type such as Subcapsular, Polysaccharide, and Conjugate. Further, Global Meningococcal Vaccines Market is segmented into end user such as Adult, Pediatric, and Travelers.
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