Singapore Meningococcal Vaccines Market Size & Outlook
Singapore meningococcal vaccines market, 2018-2030 (US$M)
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Singapore meningococcal vaccines market highlights
- The Singapore meningococcal vaccines market generated a revenue of USD 8.7 million in 2021 and is expected to reach USD 16.6 million by 2030.
- The Singapore market is expected to grow at a CAGR of 7.5% 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 2021 | USD 8.7 million |
| Market revenue in 2030 | USD 16.6 million |
| Growth rate | 7.5% (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, Singapore 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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Singapore 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 78.16% in 2021. Horizon Databook has segmented the Singapore meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of vaccination clinics under the government that are offering a wide range of vaccines is anticipated to fuel market growth. For instance, the Ministry of Health Singapore provides Meningococcal ACWY Vaccine at its vaccination clinics.
Moreover, MenACWY is recommended in the national guidelines for outbound travelers, immunocompromised patients, and overseas students. Furthermore, citizens are recommended to get vaccinated before travelling to Saudi Arabia and Africa.
The overall incidence rate of IMD is around 0.2 cases per 100,000 population in Singapore, whereas it is high in infants aged below 4 years. Due to low incidence rate in the country, there is no formal strategies to control meningococcal infections.
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Target buyers of Singapore 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 Singapore meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Singapore meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore meningococcal vaccines market size, by type, 2018-2030 (US$M)
Singapore Meningococcal Vaccines Market Outlook Share, 2021 & 2030 (US$M)
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