Argentina Meningococcal Vaccines Market Size & Outlook
Argentina meningococcal vaccines market, 2018-2030 (US$M)
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Argentina meningococcal vaccines market highlights
- The Argentina meningococcal vaccines market generated a revenue of USD 9.4 million in 2021 and is expected to reach USD 17.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.4% from 2022 to 2030.
- In terms of segment, quadrivalent was the largest revenue generating type in 2021.
- Quadrivalent is the most lucrative type segment registering the fastest growth during the forecast period.
Meningococcal vaccines market data book summary
| Market revenue in 2021 | USD 9.4 million |
| Market revenue in 2030 | USD 17.8 million |
| Growth rate | 7.4% (CAGR from 2021 to 2030) |
| Largest segment | Quadrivalent |
| Fastest growing segment | Quadrivalent |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bivalent, Quadrivalent |
| Key market players worldwide | Pfizer Inc, Sanofi SA, GSK PLC, Merck & Co Inc, Serum Institute of India Pvt. Ltd., Walvax Biotechnology |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.3% of the global meningococcal vaccines market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil meningococcal vaccines market is projected to lead the regional market in terms of revenue in 2030.
- Cuba is the fastest growing regional market in Latin America and is projected to reach USD 0.6 million by 2030.
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Meningococcal Vaccines Market Scope
Meningococcal Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina meningococcal vaccines 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 meningococcal vaccines market will help companies and investors design strategic landscapes.
Quadrivalent was the largest segment with a revenue share of 70.21% in 2021. Horizon Databook has segmented the Argentina meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.
In Argentina, serogroup B and W are responsible for majority of IMD cases. According to a study published by NCBI in 2019, the number of IMD cases and deaths due to it were expected to be 3.1 and 1.9 times higher than reported. This shows lack of availability of diagnostic tools, infrastructure, and awareness.
Hence, there remains a high unmet need for vaccination in the country. Increase in government initiatives coupled with high incidence of meningitis is expected to drive the market over the forecast period. For instance, in Argentina, more than 500 cases of bacterial meningitis are reported every year.
Furthermore, presence of key players such as Sanofi, Pfizer, and GlaxoSmithKline is expected to drive the market. An increase in the healthcare expenditure per capita by 9.12% is expected to drive the market over the forecast period.
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Target buyers of Argentina meningococcal vaccines market databook
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Our clientele includes a mix of meningococcal vaccines 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 country-level data and insights on the Argentina meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Argentina meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina meningococcal vaccines market size, by type, 2018-2030 (US$M)
Argentina Meningococcal Vaccines Market Outlook Share, 2021 & 2030 (US$M)
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