South Africa Meningococcal Vaccines Market Size & Outlook
South Africa meningococcal vaccines market, 2018-2030 (US$M)
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South Africa meningococcal vaccines market highlights
- The South Africa meningococcal vaccines market generated a revenue of USD 4.6 million in 2021 and is expected to reach USD 9.7 million by 2030.
- The South Africa 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.
- Bivalent 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 4.6 million |
| Market revenue in 2030 | USD 9.7 million |
| Growth rate | 8.8% (CAGR from 2021 to 2030) |
| Largest segment | Quadrivalent |
| Fastest growing segment | Bivalent |
| 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, South Africa accounted for 0.2% 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 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 Scope
Meningococcal Vaccines Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 52.17% in 2021. Horizon Databook has segmented the South Africa meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.
In South Africa, the market is expected to witness lucrative growth over the forecast period owing to increasing risk of meningococcal disease. For instance, in February 2019, according to Western Cape Government Department of Health, there were 71 cases of meningitis reported in a month in George Hospital.
Knysna Hospital reported 66 cases in the same timeframe. The disease incidence in country is low compared to other countries in the region. Incidence rate of meningococcal vaccine is around 0.23 cases per 100,000 population.
However, there is no registered vaccine for meningococcal serogroup B in the country. Meningococcal vaccine is not included in the National Immunization Program; however, it is available through private vaccination programs.
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Target buyers of South Africa 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 South Africa meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into South Africa meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa meningococcal vaccines market size, by type, 2018-2030 (US$M)
South Africa Meningococcal Vaccines Market Outlook Share, 2021 & 2030 (US$M)
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