Cuba Meningococcal Vaccines Market Size & Outlook

The meningococcal vaccines market in Cuba is expected to reach a projected revenue of US$ 0.6 million by 2030. A compound annual growth rate of 8% is expected of Cuba meningococcal vaccines market from 2022 to 2030.
Revenue, 2021 (US$M)
$0.3
Forecast, 2030 (US$M)
$0.6
CAGR, 2022 - 2030
8%
Report Coverage
Cuba

Cuba meningococcal vaccines market, 2018-2030 (US$M)

Cuba

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Cuba meningococcal vaccines market highlights

  • The Cuba meningococcal vaccines market generated a revenue of USD 0.3 million in 2021 and is expected to reach USD 0.6 million by 2030.
  • The Cuba market is expected to grow at a CAGR of 8% from 2022 to 2030.
  • In terms of segment, bivalent 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 2021USD 0.3 million
Market revenue in 2030USD 0.6 million
Growth rate8% (CAGR from 2021 to 2030)
Largest segmentBivalent
Fastest growing segmentQuadrivalent
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBivalent, Quadrivalent
Key market players worldwidePfizer Inc, Sanofi SA, GSK PLC, Merck & Co Inc, Serum Institute of India Pvt. Ltd., Walvax Biotechnology


Other key industry trends

  • 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 Companies

Name Profile # Employees HQ Website

Cuba 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.


Bivalent was the largest segment with a revenue share of 0% in 2021. Horizon Databook has segmented the Cuba meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.


Meningococcal vaccine uptake is higher in Cuba. It can be attributed to increased R&D activities related to meningococcal vaccine in the country, high awareness level, and improvised vaccination program in the country.

Presence of research institutes such as Finlay Institute of Vaccines and the Centre for Genetic Engineering and Biotechnology in the country is anticipated to increase R&D activities related to vaccine development.

Moreover, government continuously monitor the prevalence of meningococcal disease in the country. Furthermore, Center for Quality Control of Medicines is a national regulatory authority and is responsible for approval of vaccine in the country.

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Target buyers of Cuba meningococcal vaccines market databook

  • Our clientele includes a mix of meningococcal vaccines market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the Cuba meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Cuba meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Cuba meningococcal vaccines market size, by type, 2018-2030 (US$M)

Cuba Meningococcal Vaccines Market Outlook Share, 2021 & 2030 (US$M)

Cuba meningococcal vaccines market size, by type, 2018-2030 (US$M)

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