UK Pneumococcal Vaccine Market Size & Outlook, 2023-2030
UK pneumococcal vaccine market, 2018-2030 (US$M)
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UK pneumococcal vaccine market highlights
- The UK pneumococcal vaccine market generated a revenue of USD 158.6 million in 2023 and is expected to reach USD 357.2 million by 2030.
- The UK market is expected to grow at a CAGR of 12.3% 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 158.6 million |
| Market revenue in 2030 | USD 357.2 million |
| Growth rate | 12.3% (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, UK accounted for 2.0% 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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UK 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 93.19% in 2023. Horizon Databook has segmented the UK pneumococcal vaccine market based on pneumococcal conjugate vaccine, pneumococcal polysaccharide vaccine covering the revenue growth of each sub-segment from 2018 to 2030.
In November 2022, a new pneumococcal vaccine, Vaxneuvance (PCV15), received approval for use in infants and children in the UK by the Medicines and Healthcare products Regulatory Agency (MHRA). This vaccine, effective for children aged six weeks to less than 18 years, targets invasive disease, pneumonia, and acute otitis media caused by Streptococcus pneumoniae infection.
These developments in the pneumococcal vaccine market in the UK indicate a growing emphasis on improving vaccination coverage and enhancing protection against pneumococcal disease in children. With the introduction of PCV15 and the potential availability of 20vPnC, there is increased competition among vaccine manufacturers to offer comprehensive protection against pneumococcal infections.
This competition may drive innovation and further advancements in vaccine technology, ultimately benefiting public health outcomes by reducing the burden of pneumococcal disease in the UK population.
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Target buyers of UK 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 UK pneumococcal vaccine market, including forecasts for subscribers. This country databook contains high-level insights into UK pneumococcal vaccine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK pneumococcal vaccine market size, by vaccine type, 2018-2030 (US$M)
UK Pneumococcal Vaccine Market Share, 2023 & 2030 (US$M)
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