Australia Pneumococcal Vaccine Market Size & Outlook
Australia pneumococcal vaccine market, 2018-2030 (US$M)
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Australia pneumococcal vaccine market highlights
- The Australia pneumococcal vaccine market generated a revenue of USD 45.7 million in 2023 and is expected to reach USD 130.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 16.2% from 2024 to 2030.
- In terms of segment, pneumococcal conjugate vaccine was the largest revenue generating vaccine type in 2023.
- Pneumococcal Conjugate Vaccine is the most lucrative vaccine type segment registering the fastest growth during the forecast period.
Pneumococcal vaccine market data book summary
| Market revenue in 2023 | USD 45.7 million |
| Market revenue in 2030 | USD 130.5 million |
| Growth rate | 16.2% (CAGR from 2023 to 2030) |
| Largest segment | Pneumococcal conjugate vaccine |
| Fastest growing segment | Pneumococcal Conjugate Vaccine |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pneumococcal Conjugate Vaccine, Pneumococcal Polysaccharide Vaccine |
| Key market players worldwide | Serum Institute of India Pvt. Ltd., CSL Ltd, Sanofi SA, GSK PLC, Merck & Co Inc, Pfizer Inc, Walvax Biotechnology, Beijing Minhai Biotechnology Co. |
Other key industry trends
- In terms of revenue, Australia accounted for 0.6% of the global pneumococcal vaccine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pneumococcal vaccine 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 347.4 million by 2030.
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Pneumococcal Vaccine Market Scope
Pneumococcal Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia pneumococcal vaccine 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 pneumococcal vaccine market will help companies and investors design strategic landscapes.
Pneumococcal conjugate vaccine was the largest segment with a revenue share of 93% in 2023. Horizon Databook has segmented the Australia pneumococcal vaccine market based on pneumococcal conjugate vaccine, pneumococcal polysaccharide vaccine covering the revenue growth of each sub-segment from 2018 to 2030.
In November 2022, in collaboration with the University of Adelaide, GPN Vaccines, a South Australian biotech company, announced the development of a new universal vaccine against Streptococcus pneumoniae named Gamma-PN. This vaccine aims to combat various diseases caused by the bacterium, including pneumonia, septicemia, meningitis, and ear infections in children.
A clinical trial for Gamma-PN is scheduled to commence in January, targeting individuals aged 50 to 69 years. The trial will be conducted at CMAX, a renowned clinical trial center in Adelaide, with further research conducted at the University of Adelaide.
Unlike currently available vaccines that cover up to 23 types of the bacterium, Gamma-PN is designed to protect against all 100 known types of Streptococcus pneumoniae, as well as any potential future types that may emerge.
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Our clientele includes a mix of pneumococcal vaccine 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 Australia pneumococcal vaccine market, including forecasts for subscribers. This country databook contains high-level insights into Australia pneumococcal vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia pneumococcal vaccine market size, by vaccine type, 2018-2030 (US$M)
Australia Pneumococcal Vaccine Market Share, 2023 & 2030 (US$M)
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