Iran Meningococcal Vaccines Market Size & Outlook
Iran meningococcal vaccines market, 2018-2030 (US$M)
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Iran meningococcal vaccines market highlights
- The Iran meningococcal vaccines market generated a revenue of USD 0.9 million in 2021 and is expected to reach USD 2.0 million by 2030.
- The Iran market is expected to grow at a CAGR of 9.2% 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 0.9 million |
| Market revenue in 2030 | USD 2.0 million |
| Growth rate | 9.2% (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 Middle East & Africa, Turkey meningococcal vaccines market is projected to lead the regional market in terms of revenue in 2030.
- Morocco is the fastest growing regional market in Middle East & Africa and is projected to reach USD 0.5 million by 2030.
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Meningococcal Vaccines Market Scope
Meningococcal Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Iran 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 44.44% in 2021. Horizon Databook has segmented the Iran meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.
High medical unmet need, improved healthcare infrastructure, and rise in awareness about meningococcal disease are anticipated to propel market growth over the forecast period. The incidence rate of meningitis in Iran is around 0.09/100,000 population; out of which, N. meningitidis accounted for 8.37% of the total cases.
Presence of local research institutes developing vaccines may fuel market growth. Research institutes such as Pasteur Institute of Iran and Razi Vaccine & Serum Research Institute play a vital role in vaccine development in the country.
Moreover, government initiatives to improve vaccination programs will drive the market in the coming years. However, meningococcal vaccine in not included in the country’s vaccination program. Iran imports most vaccines from Cuba, India, and other European countries.
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Target buyers of Iran 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 Iran meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Iran meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Iran meningococcal vaccines market size, by type, 2018-2030 (US$M)
Iran Meningococcal Vaccines Market Outlook Share, 2021 & 2030 (US$M)
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