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

By Vaccine Serotype;

MenACYW Vaccine, MenB/BC Vaccine, MenC Vaccine, MenA Vaccine, and MenAC Vaccine.

By Vaccine;

Conjugate Meningococcal Vaccines, Polysaccharide Vaccine, and Subcapsular Vaccines.

By Geography;

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

Introduction

Global Meningococcal Vaccine Market (USD Million), 2021 - 2031

In the year 2024, the Global Meningococcal Vaccine Market was valued at USD 2,475.56 million. 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%.

The Global Meningococcal Vaccine Market emerges as a critical component in the ongoing battle against meningococcal disease, a severe and potentially life-threatening illness caused by the bacterium Neisseria meningitidis. Meningococcal disease manifests as meningitis, septicemia, or a combination of both, posing significant public health challenges worldwide due to its rapid onset, high mortality rates, and potential for long-term complications. In response to the global burden of meningococcal disease, the development and widespread distribution of meningococcal vaccines have become a cornerstone of disease prevention strategies, driving the growth and evolution of the global meningococcal vaccine market.

Meningococcal vaccines play a crucial role in preventing meningococcal disease by stimulating the body's immune response to recognize and combat the Neisseria meningitidis bacterium. These vaccines are designed to target specific serogroups of meningococcal bacteria, including serogroups A, B, C, W, and Y, which are responsible for the majority of meningococcal disease cases worldwide. By vaccinating individuals against meningococcal infection, meningococcal vaccines help reduce the incidence of meningitis outbreaks, protect vulnerable populations, and save lives.

The Global Meningococcal Vaccine Market is characterized by a diverse range of vaccine products, including conjugate vaccines, polysaccharide vaccines, and combination vaccines targeting multiple serogroups. Advancements in vaccine technology, such as recombinant DNA technology and novel adjuvant systems, have led to the development of next-generation meningococcal vaccines with improved immunogenicity, safety, and coverage against multiple serogroups. Additionally, ongoing research and development efforts aim to address unmet needs in meningococcal vaccine development, such as vaccines for serogroup B and vaccines with extended duration of protection.

Regulatory agencies play a critical role in ensuring the safety, efficacy, and quality of meningococcal vaccines, with stringent requirements for vaccine licensure, approval, and post-market surveillance. Global immunization initiatives, such as the World Health Organization's (WHO) Expanded Program on Immunization (EPI) and the Global Alliance for Vaccines and Immunization (GAVI), facilitate the equitable distribution of meningococcal vaccines to high-risk populations, particularly in low- and middle-income countries where meningococcal disease burden is disproportionately high.

  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 Region
  4. Global 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. Vaccine hesitancy
        2. Regulatory complexities
        3. Safety concerns
        4. 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. Global 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. Global Meningococcal Vaccine Market, By Vaccine, 2021 - 2031 (USD Million)
      1. Conjugate Meningococcal Vaccines
      2. Polysaccharide Vaccine
      3. Subcapsular Vaccines
    3. Global 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 (Fiocruz)
      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