Colombia Meningococcal Vaccines Market Size & Outlook
Colombia meningococcal vaccines market, 2018-2030 (US$M)
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Colombia meningococcal vaccines market highlights
- The Colombia meningococcal vaccines market generated a revenue of USD 5.3 million in 2021 and is expected to reach USD 9.1 million by 2030.
- The Colombia market is expected to grow at a CAGR of 6.3% 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 5.3 million |
| Market revenue in 2030 | USD 9.1 million |
| Growth rate | 6.3% (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, Colombia accounted for 0.2% 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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Colombia 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 81.13% in 2021. Horizon Databook has segmented the Colombia meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.
Rise in per capita healthcare expenditure, high incidence & awareness about meningococcal disease, and better immunization programs in Colombia are anticipated to boost market growth. The incidence of IMD is around 0.21 cases per 100,000 population, and it has witnessed an upsurge in the last few years.
Serogroup B predominate the market, followed by serogroups Y and C. Columbia has robust immunization program. Current program provide 22 vaccines for 26 different diseases, covering almost 97% of children aged 1 and below. Quadrivalent meningococcal vaccine is included in the National Immunization Program in the country.
Hence, the vaccine uptake for Men ACWY has been increasing in the country. The government is focusing on financial coverage through its national health system, with the push to reach universal health coverage.
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Target buyers of Colombia 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 Colombia meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Colombia meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia meningococcal vaccines market size, by type, 2018-2030 (US$M)
Colombia Meningococcal Vaccines Market Outlook Share, 2021 & 2030 (US$M)
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