Thailand Meningococcal Vaccines Market Size & Outlook
Thailand meningococcal vaccines market, 2018-2030 (US$M)
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Thailand meningococcal vaccines market highlights
- The Thailand meningococcal vaccines market generated a revenue of USD 6.6 million in 2021 and is expected to reach USD 12.4 million by 2030.
- The Thailand market is expected to grow at a CAGR of 7.4% 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 6.6 million |
| Market revenue in 2030 | USD 12.4 million |
| Growth rate | 7.4% (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, Thailand 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 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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Thailand 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 74.24% in 2021. Horizon Databook has segmented the Thailand meningococcal vaccines market based on bivalent, quadrivalent covering the revenue growth of each sub-segment from 2018 to 2030.
Thailand meningococcal vaccine market is driven by increasing incidence of meningococcal diseases and growing awareness about vaccination. The incidence of invasive meningococcal disease is estimated around 0.04 cases per 100,000 population and it is higher in age group 0--4 years.
Moreover, meningitis is one of the main cause of hospitalization in children younger than 5 years. Meningococcal vaccine in not included in Thailand’s National Immunization Program, but it is highly recommended for those who have weak immune systems as well as those travelling to high-risk areas.
Moreover, increase in government and nongovernment body’s initiatives to reduce the disease burden in the country is expected to increase the vaccination against meningococcal disease in the country. Furthermore, increasing access to vaccines through collaborations between international players is driving the market.
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Target buyers of Thailand 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 Thailand meningococcal vaccines market , including forecasts for subscribers. This country databook contains high-level insights into Thailand meningococcal vaccines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand meningococcal vaccines market size, by type, 2018-2030 (US$M)
Thailand Meningococcal Vaccines Market Outlook Share, 2021 & 2030 (US$M)
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