Ecuador Meningococcal Vaccines Market Size & Outlook
Ecuador meningococcal vaccines market, 2018-2030 (US$M)
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Ecuador meningococcal vaccines market highlights
- The Ecuador meningococcal vaccines market generated a revenue of USD 0.4 million in 2021 and is expected to reach USD 0.6 million by 2030.
- The Ecuador market is expected to grow at a CAGR of 5.3% 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 0.4 million |
| Market revenue in 2030 | USD 0.6 million |
| Growth rate | 5.3% (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
- 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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Ecuador 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 75% in 2021. Horizon Databook has segmented the Ecuador meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.
The meningococcal vaccine market growth is mainly driven by increasing disease incidence, growing awareness among people, and improving healthcare infrastructure. Moreover, increasing healthcare expenditure of the country is further anticipated to fuel market growth. Ecuador spends around 7.8% of its GDP into healthcare sectors.
For instance, in 2017, Ecuador’s Ministry of Health and National Secretariat for Planning and Development requested PAHO to conduct the evaluation of the country’s immunization strategy, which can help improve immunization in Ecuador.
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Target buyers of Ecuador 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 Ecuador meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Ecuador meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Ecuador meningococcal vaccines market size, by type, 2018-2030 (US$M)
Ecuador Meningococcal Vaccines Market Outlook Share, 2021 & 2030 (US$M)
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