Brazil Meningococcal Vaccines Market Size & Outlook
Brazil meningococcal vaccines market, 2018-2030 (US$M)
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Brazil meningococcal vaccines market highlights
- The Brazil meningococcal vaccines market generated a revenue of USD 29.0 million in 2021 and is expected to reach USD 55.2 million by 2030.
- The Brazil 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 29.0 million |
| Market revenue in 2030 | USD 55.2 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, Brazil accounted for 1.0% 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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Brazil 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 67.59% in 2021. Horizon Databook has segmented the Brazil meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the emerging markets and offers lucrative growth opportunities, with the highest incidence of serogroup C, W, and B disease. Prevalence of the disease is high in this country due to moderate standard of living. In 2020, the total number of confirmed IMD cases was 357, whereas there were 1,021 and 1,131 reported cases in 2019 & 2018, respectively.
Furthermore, the Global Immunization Program is engaged in collaborative research, training, and prevention of meningitis. Favorable government initiatives are expected to contribute to market growth. Moreover, presence of research institutes and surveillance of disease in the country are further expected to boost market growth in the coming years.
According to 2018 Latin American Meningococcal Workshop, various laboratory studies using antigen typing system assay estimated that 81% of people having serogroup B strain in Brazil would be immunized by 4CMenB.
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Target buyers of Brazil 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 Brazil meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Brazil meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil meningococcal vaccines market size, by type, 2018-2030 (US$M)
Brazil Meningococcal Vaccines Market Outlook Share, 2021 & 2030 (US$M)
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