Mexico Meningococcal Vaccines Market Size & Outlook
Mexico meningococcal vaccines market, 2018-2030 (US$M)
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Mexico meningococcal vaccines market highlights
- The Mexico meningococcal vaccines market generated a revenue of USD 10.2 million in 2021 and is expected to reach USD 19.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.3% 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 10.2 million |
| Market revenue in 2030 | USD 19.2 million |
| Growth rate | 7.3% (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
- In terms of revenue, Mexico accounted for 0.4% 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 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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Mexico 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 79.41% in 2021. Horizon Databook has segmented the Mexico meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of organizations offering information about the risk of meningitis supporting patients through donations is expected to boost market growth. According to the Health Ministry of Mexico, meningococcal disease is most commonly present in small outbreaks and sporadic cases, with serogroup C being the most common type.
For instance, Medicines Sans Frontiers is an international medical-humanitarian organization that aids people to combat the disease. Increasing research activities to study the safety and immunogenicity of meningococcal vaccine in the country will drive market growth.
Moreover, high risk of meningococcal infections is increasing the adoption of vaccination in the country. According to an article published in the International Journal of Infectious Disease, in 2019, seven cases of IMD were reported in the first 8 weeks of 2018 in Mexico.
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Target buyers of Mexico 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 Mexico meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Mexico meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico meningococcal vaccines market size, by type, 2018-2030 (US$M)
Mexico Meningococcal Vaccines Market Outlook Share, 2021 & 2030 (US$M)
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