Global Meningococcal Vaccine Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type ;

Bivalent, Quadrivalent, and Others.

By Brand;

Menactra, Menveo, Nimenrix, Trumenba, Bexsero, and Others.

By Serotype;

Serotype A, Serotype B, Serotype C, Serotype W-135, and Serotype Y.

By Vaccine;

Conjugate Meningococcal Vaccines, Polysaccharide Vaccine, and Subcapsular Vaccines.

By Sales Channel;

Private and Public.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn103879430 Published Date: May, 2025 Updated Date: June, 2025

Meningococcal Vaccine Market Overview

Meningococcal Vaccine Market (USD Million)

Meningococcal Vaccine Market was valued at USD 2,475.56 million in the year 2024. The size of this market is expected to increase to USD 4,456.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.8%.


Global Meningococcal Vaccine Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 8.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.8 %
Market Size (2024)USD 2,475.56 Million
Market Size (2031)USD 4,456.13 Million
Market ConcentrationMedium
Report Pages318
2,475.56
2024
4,456.13
2031

Major Players

  • GlaxoSmithKline plc
  • Pfizer Inc.
  • Sanofi Pasteur
  • Merck & Co., Inc.
  • Novartis AG
  • Serum Institute of India Pvt. Ltd.
  • Bharat Biotech International Limited
  • Bio-Manguinhos (Fiocruz)
  • Janssen Pharmaceuticals, Inc. (a subsidiary of Johnson & Johnson)
  • China National Pharmaceutical Group Corporation (Sinopharm)
  • Beijing Institute of Biological Products Co., Ltd.
  • Sinovac Biotech Ltd.
  • Hualan Biological Engineering Inc.
  • Walvax Biotechnology Co., Ltd.
  • Chongqing Zhifei Biological Products Co., Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Meningococcal Vaccine Market

Fragmented - Highly competitive market without dominant players


The meningococcal vaccine market is witnessing robust expansion, driven by growing awareness about the severity of meningococcal disease and the increasing push for vaccination. With the disease’s potential to progress rapidly and cause severe complications, there is rising demand for effective immunization strategies. Advancements in vaccine technology—especially conjugate and multivalent formulations—are fueling market momentum by offering long-lasting and broader protection.

A key factor supporting this growth is the expanded reach of immunization programs, now covering over 70% of vulnerable populations worldwide. Additionally, the last ten years have seen a 45% increase in collaborations between governments and private entities, which has streamlined vaccine production and delivery. Supportive infrastructure, such as enhanced cold chain logistics, further facilitates timely and efficient vaccine distribution.

Market Challenges and Barriers
Nonetheless, certain obstacles still restrain full-scale market penetration. Issues such as vaccine skepticism, limited accessibility in rural regions, and strict regulatory approval processes can impede progress. However, strategic alliances between pharma companies and global health organizations are helping to overcome these challenges, contributing to 30% of the recent vaccine approvals across the market.

Innovation
Innovation remains a driving force, with a strong emphasis on multivalent vaccines that can cover several meningococcal serogroups simultaneously. About 60% of current R&D efforts are focused on developing such formulations, which aim to enhance immunization effectiveness and reduce the need for frequent boosters. This is setting a competitive tone in the market, with major players striving to deliver more efficient and comprehensive vaccine solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vaccine Serotype
    2. Market Snapshot, By Vaccine
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Meningococcal Vaccine Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing disease incidence
        2. Growing vaccination awareness
        3. Government immunization initiatives
        4. Healthcare infrastructure expansion
        5. Enhanced vaccine manufacturing capacity
      2. Restraints
        1. Regulatory complexities
        2. Wastage and expiration risks
      3. Opportunities
        1. Advanced vaccine technologies
        2. Targeted high-risk population campaigns
        3. International vaccine access programs
        4. Health education investments
        5. Routine immunization integration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Meningococcal Vaccine Market, By Vaccine Serotype, 2021 - 2031 (USD Million)
      1. MenACYW Vaccine
      2. MenB/BC Vaccine
      3. MenC Vaccine
      4. MenA Vaccine
      5. MenAC Vaccine
    2. Meningococcal Vaccine Market, By Vaccine, 2021 - 2031 (USD Million)
      1. Conjugate Meningococcal Vaccines
      2. Polysaccharide Vaccine
      3. Subcapsular Vaccines
    3. Meningococcal Vaccine Market, By End User, 2021 - 2031 (USD Million)
      1. Pediatric
      2. Adult
      3. Travelers
    4. Meningococcal Vaccine Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. GlaxoSmithKline plc
      2. Pfizer Inc.
      3. Sanofi Pasteur
      4. Merck & Co., Inc.
      5. Novartis AG
      6. Serum Institute of India Pvt. Ltd.
      7. Bharat Biotech International Limited
      8. Bio-Manguinhos
      9. Janssen Pharmaceuticals, Inc. (a subsidiary of Johnson & Johnson)
      10. China National Pharmaceutical Group Corporation (Sinopharm)
      11. Beijing Institute of Biological Products Co., Ltd.
      12. Sinovac Biotech Ltd.
      13. Hualan Biological Engineering Inc.
      14. Walvax Biotechnology Co., Ltd.
      15. Chongqing Zhifei Biological Products Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market