Malaysia Meningococcal Vaccines Market Size & Outlook
Malaysia meningococcal vaccines market, 2018-2030 (US$M)
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Malaysia meningococcal vaccines market highlights
- The Malaysia meningococcal vaccines market generated a revenue of USD 8.5 million in 2021 and is expected to reach USD 18.2 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 8.8% 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 8.5 million |
| Market revenue in 2030 | USD 18.2 million |
| Growth rate | 8.8% (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, Malaysia accounted for 0.3% 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 Asia Pacific, China meningococcal vaccines market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 101.6 million by 2030.
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Meningococcal Vaccines Market Scope
Meningococcal Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Malaysia 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 49.41% in 2021. Horizon Databook has segmented the Malaysia meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.
Demand for meningococcal vaccines in Malaysia is mainly driven by increasing awareness about vaccination and high disposable income. However, low incidence of meningococcal disease in the country is expected to affect the vaccine uptake adversely. For instance, in 2018, in Sarawak, a Malaysian state, there were 4 meningococcemia cases.
In Malaysia, meningococcal vaccination is not recommended for all people. However, the Malaysian government provides vaccination for Malaysian Hajj and Umrah pilgrims, who receive a bivalent MenAC vaccine. Such government initiatives and improvement in vaccination program in the country is expected to boost market growth.
Moreover, the government is undertaking initiatives to raise awareness about vaccination among people. For instance, the YES to PnD Protection is initiated by Confederation of Meningitis Organizations members partnered with the Asian Strategic Alliance for pneumococcal disease prevention and Malaysian Pediatric Association.
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Target buyers of Malaysia 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 Malaysia meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Malaysia meningococcal vaccines market size, by type, 2018-2030 (US$M)
Malaysia Meningococcal Vaccines Market Outlook Share, 2021 & 2030 (US$M)
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