Iraq Meningococcal Vaccines Market Size & Outlook

The meningococcal vaccines market in Iraq is expected to reach a projected revenue of US$ 1.3 million by 2030. A compound annual growth rate of 8.9% is expected of Iraq meningococcal vaccines market from 2022 to 2030.
Revenue, 2021 (US$M)
$0.6
Forecast, 2030 (US$M)
$1.3
CAGR, 2022 - 2030
9%
Report Coverage
Iraq

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

Iraq

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Iraq meningococcal vaccines market highlights

  • The Iraq meningococcal vaccines market generated a revenue of USD 0.6 million in 2021 and is expected to reach USD 1.3 million by 2030.
  • The Iraq market is expected to grow at a CAGR of 8.9% from 2022 to 2030.
  • In terms of segment, quadrivalent was the largest revenue generating type in 2021.
  • Bivalent is the most lucrative type segment registering the fastest growth during the forecast period.


Meningococcal vaccines market data book summary

Market revenue in 2021USD 0.6 million
Market revenue in 2030USD 1.3 million
Growth rate8.9% (CAGR from 2021 to 2030)
Largest segmentQuadrivalent
Fastest growing segmentBivalent
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 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 Companies

Name Profile # Employees HQ Website

Iraq 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 50% in 2021. Horizon Databook has segmented the Iraq meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.


Increased involvement of the government to improve vaccination program and high cases of meningitis in the country are boosting the demand for meningococcal vaccines in the country. The annual incidence of meningococcal meningitis is around 0.86 per 100,000 population.

Quadrivalent Men ACWY vaccine is recommended for high-risk groups in Iraq and travelers going to Hajj & Umrah pilgrims and meningitis belts of Africa. In collaboration with the Iraq Ministry of Health, WHO, UNICEF, and other international organizations help run immunization programs in the country.

Moreover, these organizations provide guidelines and raise awareness related to vaccination programs among people. For instance, in April 2019, Iraq launched the National Immunization Day campaign in the country with the help of WHO and UNICEF.

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Target buyers of Iraq 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 Iraq meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Iraq meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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