Mexico Pneumococcal Vaccine Market Size & Outlook
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Mexico pneumococcal vaccine market highlights
- The Mexico pneumococcal vaccine market generated a revenue of USD 37.8 million in 2023 and is expected to reach USD 106.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 15.9% 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 37.8 million |
| Market revenue in 2030 | USD 106.3 million |
| Growth rate | 15.9% (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, Mexico accounted for 0.5% 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 Latin America, Brazil pneumococcal vaccine market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 54.2 million by 2030.
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Pneumococcal Vaccine Market Scope
Pneumococcal Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Beijing Minhai Biotechnology Co. | View profile | 501-1000 | Beijing, Beijing, China, Asia | https://en.biominhai.com |
| CSL Ltd | View profile | 32000 | 655 Elizabeth Street, Melbourne, VIC, Australia, 3000 | https://www.csl.com |
| Walvax Biotechnology | View profile | 11-50 | Kunming, Yunnan, China, Asia | http://www.walvax.com |
| Serum Institute of India Pvt. Ltd. | View profile | 1001-5000 | Pune, Maharashtra, India, Asia | http://www.seruminstitute.com/ |
| GSK PLC | View profile | 70200 | 980 Great West Road, Brentford, Middlesex, United Kingdom, TW8 9GS | https://www.gsk.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Sanofi SA | View profile | 87994 | 46, avenue de la Grande Armée, Paris, France, 75017 | https://www.sanofi.com |
| Pfizer Inc | View profile | 88000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | https://www.pfizer.com |
Mexico 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 92.86% in 2023. Horizon Databook has segmented the Mexico pneumococcal vaccine market based on pneumococcal conjugate vaccine, pneumococcal polysaccharide vaccine covering the revenue growth of each sub-segment from 2018 to 2030.
In Mexico, there is a significant gap in timely and complete vaccination coverage among children under twelve months of age. Despite national immunization targets, a large proportion of children are not receiving their full vaccine schedule within the recommended timeframe.
Data from the Mexican Immunization Survey recently conducted revealed that only a small percentage of children met the National Immunization Program's coverage goals. The discrepancy between self-reporting and immunization cards highlights challenges in accurately assessing vaccination status.
In order to enhance vaccination systems and guarantee disease prevention, it is crucial to have a dependable record of all administered doses. It is essential to tackle health disparities and related factors to promote a healthy life and disease-free childhood for all children in Mexico.
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Target buyers of Mexico 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 Mexico pneumococcal vaccine market, including forecasts for subscribers. This country databook contains high-level insights into Mexico pneumococcal vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico pneumococcal vaccine market size, by vaccine type, 2018-2030 (US$M)
Mexico Pneumococcal Vaccine Market Share, 2023 & 2030 (US$M)
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