Europe Pneumococcal Vaccine Market Size & Outlook
Europe pneumococcal vaccine market, 2018-2030 (US$M)
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Europe pneumococcal vaccine market highlights
- The Europe pneumococcal vaccine market generated a revenue of USD 1,084.4 million in 2023.
- The market is expected to grow at a CAGR of 12.7% 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.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,084.4 million |
| Market revenue in 2030 | USD 2,506.6 million |
| Growth rate | 12.7% (CAGR from 2023 to 2030) |
| Largest segment | Pneumococcal conjugate vaccine |
| Fastest growing segment | Pneumococcal Conjugate Vaccine |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 13.4% of the global pneumococcal vaccine market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 379.2 million by 2030.
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Pneumococcal Vaccine Market Scope
Pneumococcal Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 93.04% in 2023. Horizon Databook has segmented the Europe pneumococcal vaccine market based on pneumococcal conjugate vaccine, pneumococcal polysaccharide vaccine covering the revenue growth of each sub-segment from 2018 to 2030.
In Europe, the pneumococcal vaccine market operates within a diverse healthcare landscape, with varying vaccination policies and practices across different countries. The market is influenced by factors such as government regulations, vaccination coverage rates, and public health initiatives.
Competition within the Europe pneumococcal vaccine market is robust, with multiple vaccine manufacturers vying for market share. Companies compete based on factors such as product efficacy, safety, pricing, and distribution networks.
Despite differences in healthcare systems and vaccination strategies, Europe presents significant opportunities for vaccine manufacturers to address the burden of pneumococcal disease. Governments and health authorities across the region prioritize vaccination programs targeting vulnerable populations, including children, the elderly, and individuals with underlying health conditions.
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Target buyers of Europe 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 continent-level data and insights on the Europe pneumococcal vaccine market, including forecasts for subscribers. This continent databook contains high-level insights into Europe pneumococcal vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe pneumococcal vaccine market size, by country, 2018-2030 (US$M)
Europe Pneumococcal Vaccine Market Share, 2023 & 2030 (US$M)
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