Japan Pneumococcal Vaccine Market Size & Outlook, 2023-2030
Japan pneumococcal vaccine market, 2018-2030 (US$M)
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Japan pneumococcal vaccine market highlights
- The Japan pneumococcal vaccine market generated a revenue of USD 107.3 million in 2023 and is expected to reach USD 288.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 15.2% 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 107.3 million |
| Market revenue in 2030 | USD 288.8 million |
| Growth rate | 15.2% (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, Japan accounted for 1.3% 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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Japan 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 93.01% in 2023. Horizon Databook has segmented the Japan pneumococcal vaccine market based on pneumococcal conjugate vaccine, pneumococcal polysaccharide vaccine covering the revenue growth of each sub-segment from 2018 to 2030.
In Japan, the pneumococcal vaccine market has witnessed significant developments in recent years. In March 2020, there was a shortage of Pneumovax 23 in Germany, leading to its importation from Japan. This importation was made possible through exceptional authorization, allowing the distribution of the vaccine by wholesalers throughout Germany.
In addition, in September 2023, Pfizer Japan filed for the approval of its 20-valent pneumococcal conjugate vaccine, Apexxnar, targeting older adults and individuals at high risk of contracting pneumococcal infections. This vaccine aims to provide broader protection by covering seven additional serotypes beyond Prevenar 13, Pfizer's existing pneumococcal vaccine.
These developments indicate a growing demand for pneumococcal vaccines in Japan, driven by the need for effective prevention against pneumococcal infections, especially among older adults and highrisk individuals.
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Target buyers of Japan 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 Japan pneumococcal vaccine market, including forecasts for subscribers. This country databook contains high-level insights into Japan pneumococcal vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan pneumococcal vaccine market size, by vaccine type, 2018-2030 (US$M)
Japan Pneumococcal Vaccine Market Share, 2023 & 2030 (US$M)
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