Market Definition
Meningococcal vaccines are vaccines that are used to protect against meningococcal disease, which is caused by the bacteria Neisseria meningitidis. Meningococcal disease is a serious, life-threatening infection that can cause meningitis (inflammation of the lining of the brain and spinal cord) and sepsis (blood infection). It is spread through direct contact with respiratory secretions, such as saliva, from an infected person.
Market Outlook
One of the key trends in meningococcal vaccines technology is the development of conjugate vaccines. Conjugate vaccines are composed of a polysaccharide antigen, which is linked to a protein, that are used to increase the immunogenicity of the vaccine. These vaccines are more effective than traditional polysaccharide vaccines, which are composed of just the polysaccharide antigen, as they produce a stronger immune response and provide longer-term protection. The first meningococcal conjugate vaccine, Menactra, was approved in 2005 and it provides protection against serogroups A, C, W-135, and Y.
Awareness of the disease is a key driver of the meningococcal vaccines market, as it is important for people to know about the disease and the dangers it poses. This is especially true in developing countries, where access to healthcare and information about the disease is limited. Awareness campaigns, such as those run by the World Health Organization (WHO), have helped to increase knowledge of the disease and the importance of vaccination.
The prevalence of meningococcal disease is also a key driver of the meningococcal vaccines market. The disease is most common in infants and young children, and can be fatal if not treated quickly. As such, there is an increased demand for vaccines to protect against the disease. Additionally, the prevalence of the disease is increasing in certain parts of the world due to a combination of factors, such as poverty, overcrowding, and lack of access to healthcare.
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Research Objectives
• Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
• Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
• Identify factors influencing market growth and challenges, opportunities, drivers and restraints
• Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
• Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
• Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
• To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
• Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segmentation
The global Meningococcal Vaccines Market is segmented by type of vaccine, age group, distribution channel, and region. By type of vaccine, the market is divided into conjugate meningococcal vaccines, polysaccharide meningococcal vaccines . Based on age group, it is bifurcated into pediatric meningococcal vaccines, and adult meningococcal vaccines. On the basis of distribution channel, the market is classified into hospitals, clinics, retail pharmacies, and online pharmacies. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
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Major Players
The global Meningococcal Vaccines Market report includes players like GlaxoSmithKline (GSK) – United Kingdom, Sanofi Pasteur – France, Pfizer – United States, Merck & Co., Inc. – United States, Novartis (now part of Novartis Vaccines & Diagnostics) – Switzerland, Serum Institute of India – India, Bio-Manguinhos (Fiocruz) – Brazil, Beijing Institute of Biological Products – China, Chongqing Zhifei Biological Products – China, and Bharat Biotech – India
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Research Scope
• Scope – Highlights, Trends, Insights. Attractiveness, Forecast
• Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
• Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
• Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
• Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
• Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
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