Canada Pneumococcal Vaccine Market Size & Outlook
Canada pneumococcal vaccine market, 2018-2030 (US$M)
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Canada pneumococcal vaccine market highlights
- The Canada pneumococcal vaccine market generated a revenue of USD 638.9 million in 2023 and is expected to reach USD 645.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 0.2% 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 638.9 million |
| Market revenue in 2030 | USD 645.8 million |
| Growth rate | 0.2% (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, Canada accounted for 7.9% 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 North America, U.S. pneumococcal vaccine market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 6,351.1 million by 2030.
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Pneumococcal Vaccine Market Scope
Pneumococcal Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 93.18% in 2023. Horizon Databook has segmented the Canada pneumococcal vaccine market based on pneumococcal conjugate vaccine, pneumococcal polysaccharide vaccine covering the revenue growth of each sub-segment from 2018 to 2030.
In the Canada pneumococcal vaccine market, the target disease prevalence is significant, according to the Public Health Agency of Canada. Invasive Pneumococcal Disease (IPD) is caused by the bacterium S. pneumoniae, with about 50 different serotypes identified annually in Canada.
While transient colonization of the upper respiratory tract is common, leading to asymptomatic carriers, a small proportion may develop invasive pneumococcal disease, manifesting as pneumonia, bacteremia, or meningitis.
Bacteremia is most common among children under 2 years, while bacteremic pneumococcal pneumonia is prevalent in adults, particularly after influenza. The case fatality rate of bacteremic pneumococcal pneumonia, especially among the elderly, emphasizes the importance of vaccination to mitigate disease burden and drive market growth.
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Target buyers of Canada pneumococcal vaccine market databook
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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 Canada pneumococcal vaccine market, including forecasts for subscribers. This country databook contains high-level insights into Canada pneumococcal vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada pneumococcal vaccine market size, by vaccine type, 2018-2030 (US$M)
Canada Pneumococcal Vaccine Market Share, 2023 & 2030 (US$M)
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