Middle East & Africa Influenza Vaccine Market Size & Outlook
Middle East & Africa influenza vaccine market, 2018-2030 (US$M)
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MEA influenza vaccine market highlights
- The MEA influenza vaccine market generated a revenue of USD 146.2 million in 2023.
- The market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, inactivated was the largest revenue generating vaccine type in 2023.
- Inactivated is the most lucrative vaccine type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 146.2 million |
| Market revenue in 2030 | USD 242.7 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Inactivated |
| Fastest growing segment | Inactivated |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inactivated, Live Attenuated |
| Key market players worldwide | GSK PLC, Pfizer Inc, Merck & Co Inc, Viatris Inc, AstraZeneca PLC, Sinovac Biotech Ltd, CSL Ltd, Emergent BioSolutions Inc, Vaxess Technologies, Osivax, Emergex Vaccines |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.8% of the global influenza vaccine market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,360.7 million by 2030.
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Influenza Vaccine Market Scope
Influenza Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa influenza vaccine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to influenza vaccine market will help companies and investors design strategic landscapes.
Inactivated was the largest segment with a revenue share of 91.86% in 2023. Horizon Databook has segmented the Middle East & Africa influenza vaccine market based on inactivated, live attenuated covering the revenue growth of each sub-segment from 2018 to 2030.
Major markets in the MEA region include South Africa, Saudi Arabia, the UAE, and Kuwait. Economic development witnessed in emerging markets like South Africa, highly unmet healthcare needs, and high prevalence of diseases are some primary drivers of the market.
Moreover, the increased prevalence of flu and the risk of seasonal influenza are further propelling the market growth in the region. Influenza vaccination can help prevent influenza-related illness, even in people who are at high risk of developing severe complications from the virus.
This propelled many organizations, such as WHO, Agency of Preventive Medicine, and Ministry of Health in Africa, to collaborate to monitor & evaluate the occurrence of influenza among the population to initiate vaccination programs among the population in the region.
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Target buyers of Middle East & Africa influenza vaccine market databook
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Our clientele includes a mix of influenza vaccine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa influenza vaccine market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa influenza vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA influenza vaccine market size, by country, 2018-2030 (US$M)
Middle East & Africa Influenza Vaccine Market Outlook Share, 2023 & 2030 (US$M)
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