About Meningitis Vaccine
Meningitis and encephalitis are important causes of admissions and mortality for children in Zambia. Bacterial meningitis is the most serious type of meningitis that can lead to death or permanent disability. It affects the meninges, the membranes that surround the brain and spinal cord and protects the central nervous system (CNS), together with the cerebrospinal fluid. In bacterial meningitis, approximately 80 percent of all cases are acute bacterial meningitis. It can be life-threatening because it affects the tissues around the brain to swell. This can result in paralysis or stroke. Vaccine is an antigenic substance prepared to kill microorganisms, living attenuated organisms, or living fully virulent organisms that is administered to produce or artificially increase immunity to a particular disease. The rising prevalence of several infectious diseases is rising demand for vaccine market. The healthcare infrastructure and high awareness levels of the benefits of immunization are the major factors boosting the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
There are relatively very few vaccine manufacturers that meet the international standard, due to which the individual vaccine manufacturer, the market become monopolies or oligopoly either by product or presentation. Very, few suppliers and production capacities lead to a tenuous balance between demand and supply in many individual vaccine markets. Analyst at AMA Research estimates that United States and Chinese Players will contribute the maximum growth to Global Meningitis Vaccine market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GlaxoSmithKline (United Kingdom), Baxter International Inc. (United States), Sanofi S.A. (France), Merck (Germany), Novartis (Switzerland), Pfizer (United States), Hualan (China), Zhejiang Tianyuan (China) and Beijing Tiantan Biological (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Crucell (Netherland), Medimmune (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Meningitis Vaccine market by Type (Meningitis A+C, Meningitis ACWY135 and Meningitis B), Application (Medical Care, Healthy and Hospital) and Region.
On the basis of geography, the market of Meningitis Vaccine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Route of Administration, the sub-segment i.e. Intramuscular and Subcutaneous Administration will boost the Meningitis Vaccine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diagnosis, the sub-segment i.e. Blood cultures will boost the Meningitis Vaccine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge Investments by the Major Players
Market Growth Drivers:
Increased Prevalence of Bacterial Meningitis
Challenges:
Stringent Government Rules and Regulations
Restraints:
High Cost Involved in Vaccine Development
Opportunities:
Growth in the Healthcare Industry, Increasing Research and Development Activities and Increasing Demand for Effective Treatment
Market Leaders and their expansionary development strategies
In August 2022, GSK plc., announced it has completed the acquisition of Affinivax, Inc (Affinivax), a clinical-stage biopharmaceutical company based in Cambridge (Boston, Massachusetts). Affinivax has pioneered the development of a novel class of vaccines, the most advanced of which are next-generation pneumococcal vaccines.
In September 2022, Pfizer Inc., announced positive top-line results from the pivotal Phase 3 trial (NCT04440163) assessing the safety, tolerability, and immunogenicity of its investigational pentavalent meningococcal vaccine (MenABCWY) in healthy individuals 10 through 25 years of age.
WHO ensures the safety and quality of vaccines and works closely on global standards which are developed and made readily available. WHO provides norms and standard and give advice to procurement agencies and countries on the acceptability, in principle of vaccines. It has also established the Global Advisory committee on vaccine safety which includes national experts and authority to support vaccine safety.
Key Target Audience
Manufacturers and suppliers of vaccines, Research and development companies, Medical research laboratories, Academic medical centers and universities, Research and consulting firms and Venture capital firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.