Spain Pneumococcal Vaccine Market Size & Outlook, 2023-2030
Spain pneumococcal vaccine market, 2018-2030 (US$M)
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Spain pneumococcal vaccine market highlights
- The Spain pneumococcal vaccine market generated a revenue of USD 86.6 million in 2023 and is expected to reach USD 204.1 million by 2030.
- The Spain market is expected to grow at a CAGR of 13% 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 86.6 million |
| Market revenue in 2030 | USD 204.1 million |
| Growth rate | 13% (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, Spain accounted for 1.1% 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 Europe, Germany pneumococcal vaccine market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 26.2 million by 2030.
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Pneumococcal Vaccine Market Scope
Pneumococcal Vaccine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 93.07% in 2023. Horizon Databook has segmented the Spain pneumococcal vaccine market based on pneumococcal conjugate vaccine, pneumococcal polysaccharide vaccine covering the revenue growth of each sub-segment from 2018 to 2030.
In July 2020, CARB-X announced funding for Spanish biotech company Vaxdyn to develop a new vaccine targeting Gram-negative pathogens, including those responsible for life-threatening pneumonia and other infections. The funding amounts to USD 892,000 initially, with the potential for an additional USD 6.36 million contingent upon meeting project milestones.
This investment in Vaxdyn marks a significant development in the Spain Pneumococcal Vaccine market. By supporting the development of a new vaccine to combat drug-resistant infections, including pneumonia, the market may witness increased competition and innovation.
For stakeholders in the Spain pneumococcal vaccine market, such as existing vaccine manufacturers and healthcare providers, this development underscores the importance of staying abreast of advancements in vaccine research and development.
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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 Spain pneumococcal vaccine market, including forecasts for subscribers. This country databook contains high-level insights into Spain pneumococcal vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain pneumococcal vaccine market size, by vaccine type, 2018-2030 (US$M)
Spain Pneumococcal Vaccine Market Share, 2023 & 2030 (US$M)
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