Peru Meningococcal Vaccines Market Size & Outlook

The meningococcal vaccines market in Peru is expected to reach a projected revenue of US$ 0.8 million by 2030. A compound annual growth rate of 5% is expected of Peru meningococcal vaccines market from 2022 to 2030.
Revenue, 2021 (US$M)
$0.5
Forecast, 2030 (US$M)
$0.8
CAGR, 2022 - 2030
5.4%
Report Coverage
Peru

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

Peru

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Peru meningococcal vaccines market highlights

  • The Peru meningococcal vaccines market generated a revenue of USD 0.5 million in 2021 and is expected to reach USD 0.8 million by 2030.
  • The Peru market is expected to grow at a CAGR of 5% 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 2021USD 0.5 million
Market revenue in 2030USD 0.8 million
Growth rate5% (CAGR from 2021 to 2030)
Largest segmentQuadrivalent
Fastest growing segmentQuadrivalent
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 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 Companies

Name Profile # Employees HQ Website

Peru 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 80% in 2021. Horizon Databook has segmented the Peru meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.


Development in healthcare infrastructure and high adoption of international healthcare policies to improve health services in the country will drive market growth. Moreover, increasing incidence of meningococcal disease in the country is anticipated to boost the adoption of vaccination against the disease.

Incidence of IMD in the country is less than 0.1 cases per 100,000 population. Meningococcal vaccine in not included in the National Immunization Program. However, it is recommended for individuals those are at high risk of meningococcal infections.

The Integrated Management of Childhood Illness has improved strategies to curb leading cause of mortality among children under the age of 5. Vaccination campaigns was the most effective to reduce mortality among children.

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

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

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

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

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