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).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 Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 8.8 % |
Market Size (2024) | USD 2,475.56 Million |
Market Size (2031) | USD 4,456.13 Million |
Market Concentration | Medium |
Report Pages | 318 |
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.
Meningococcal Vaccine Market Recent Developments
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In April 2024, Nigeria achieved a medical milestone by becoming the first country to roll out Men5CV, the world’s first 5-in-1 meningitis vaccine. This historic introduction is a significant step forward in combating multiple strains of the deadly meningococcal disease. Endorsed by the World Health Organization (WHO), Men5CV offers protection against five major serogroups of the bacteria in a single dose, simplifying immunization and enhancing public health outcomes. The launch campaign initially targets over one million individuals aged between 1 and 29 years, aiming to reduce disease burden and prevent future outbreaks. This initiative positions Nigeria at the forefront of meningitis prevention and serves as a model for other nations grappling with the disease.
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In July 2023, the Serum Institute of India reached a critical milestone by securing WHO prequalification for its multivalent meningococcal meningitis vaccine. Specially developed to combat the five predominant strains of meningococcal bacteria circulating in Africa, this vaccine marks a major advancement in regional disease prevention. With this approval, the vaccine is now eligible for procurement by global health organizations, including UN agencies and Gavi, the Vaccine Alliance. This designation not only validates the vaccine’s safety and efficacy but also enhances its accessibility across low- and middle-income countries, reinforcing global efforts to curb meningococcal outbreaks.
Meningococcal Vaccine Market Segment Analysis
In this report, the Meningococcal Vaccine Market has been segmented by Type, Brand, Serotype, Vaccine, Sales Channel, and Geography.
Meningococcal Vaccine Market, Segmentation by Type
The Meningococcal Vaccine Market has been segmented by Vaccine Serotype into Bivalent, Quadrivalent, and Others.
Bivalent Meningococcal Vaccines
Bivalent meningococcal vaccines are formulated to protect against two specific serogroups, typically A and C. While they currently occupy a smaller market share, they are gaining momentum due to their effectiveness in targeted outbreak control, particularly in high-risk regions. This segment is expected to grow rapidly, driven by advancements in vaccine formulation and the rising need for focused immunization strategies. Their role in regional vaccination campaigns is expanding as healthcare systems prioritize strain-specific protection.
Quadrivalent Meningococcal Vaccines
Quadrivalent vaccines provide broad-spectrum protection against four major serogroups: A, C, W, and Y. These vaccines dominate the meningococcal vaccine market, accounting for approximately 41.6% of the global share in 2024. Their widespread use in adolescent and young adult immunization programs, especially in North America and Europe, is a key growth driver. Their long-term efficacy and ability to support herd immunity make them the preferred choice in national immunization schedules across multiple regions.
Other Meningococcal Vaccines (Including Monovalent, Pentavalent, and Others)
This segment includes monovalent vaccines—most notably for serogroup B—as well as newer, broader formulations such as pentavalent vaccines covering serogroups A, B, C, W, and Y. The serogroup B category alone accounted for a significant market share in 2023 due to the increasing recognition of its disease burden. Recent innovations like the launch of pentavalent vaccines are aimed at simplifying dosing schedules and improving overall immunization coverage, especially among high-risk age groups such as adolescents and young adults.
Meningococcal Vaccine Market, Segmentation by Brand
The Meningococcal Vaccine Market has been segmented by Brand into Menactra, Menveo, Nimenrix, Trumenba, Bexsero, and Others.
Menactra
Menactra, manufactured by Sanofi Pasteur, is a quadrivalent conjugate vaccine targeting serogroups A, C, W, and Y. It is widely utilized in national immunization programs, especially in the United States, due to its strong safety and efficacy profile. By being part of routine adolescent immunization schedules, it has maintained a significant position in the market and contributed notably to the growth of the quadrivalent vaccine segment.
Menveo
Menveo, developed by GSK, offers quadrivalent protection against serogroups A, C, W, and Y. Its approval for use across a broad age range—starting at 2 months through 55 years—makes it a versatile option in public health initiatives. Its widespread use in national programs, along with its robust immunogenicity, strengthens its presence in the global market.
Nimenrix
Nimenrix, produced by Pfizer, is a quadrivalent meningococcal vaccine designed to protect against serogroups A, C, W, and Y. Approved for use from 6 weeks of age, it allows for early pediatric immunization. Its strong immune response and compatibility with childhood vaccination schedules contribute to its growing global adoption.
Trumenba
Trumenba, a recombinant vaccine from Pfizer, specifically targets meningococcal serogroup B. Approved for individuals aged 10 to 25 years, it meets the need for protection among adolescents and young adults at increased risk. Its market share continues to rise as demand for serogroup B prevention grows globally.
Bexsero
Bexsero, developed by GSK, is a multicomponent vaccine designed to protect against serogroup B. It is approved for use beginning at 2 months of age, making it suitable for infant immunization. Its broad strain coverage and integration into various national vaccination programs have led to widespread global uptake.
Others
This segment includes emerging vaccines and combination products. A notable innovation is Penbraya, a pentavalent vaccine developed by Pfizer, combining elements from Trumenba and Nimenrix to protect against serogroups A, B, C, W, and Y. Approved for individuals aged 10 to 25 years, it offers broad-spectrum protection in a single formulation and represents a forward-looking approach to comprehensive meningococcal prevention.
Meningococcal Vaccine Market, Segmentation by Serotype
The Meningococcal Vaccine Market has been segmented by Serotype into Serotype A, Serotype B, Serotype C, Serotype W-135, and Serotype Y.
Serotype A
This strain has long been associated with large-scale outbreaks, particularly in the African meningitis belt. Since the introduction of MenAfriVac, incidence has decreased by over 94% in targeted regions. Although global prevalence has declined, sustained preventive immunization is essential to avoid potential resurgence.
Serotype B
This serotype is the most common in developed countries, accounting for approximately 40–50% of meningococcal cases in areas like the United States and Europe. Vaccines such as Bexsero and Trumenba are effective and widely adopted. It remains a high priority in national immunization schedules due to its disease burden.
Serotype C
With a global disease share of about 15–20%, this serotype has caused past outbreaks in Europe and Asia. Conjugate vaccines have substantially reduced its transmission. Continued vaccine coverage is crucial for maintaining low infection levels and preventing resurgence.
Serotype W-135
This serotype has shown growing prevalence in South America, Africa, and the United Kingdom, now making up 10–15% of global cases. It is addressed through quadrivalent vaccines that also protect against serogroups A, C, and Y. Expanded vaccination efforts are essential in managing its regional impact.
Serotype Y
This serotype has seen increased occurrence in North America and Northern Europe, comprising up to 10% of reported cases in some countries. Inclusion in quadrivalent immunization programs has been effective in reducing disease rates. Ongoing public health surveillance remains critical for containment.
Meningococcal Vaccine Market, Segmentation by Vaccine
The Meningococcal Vaccine Market has been segmented by Vaccine into Conjugate Meningococcal Vaccines, Polysaccharide Vaccine, and Subcapsular Vaccines.
Conjugate Meningococcal Vaccines
Conjugate meningococcal vaccines lead the global market, contributing to more than 60% of the overall share. Known for providing long-lasting immunity, these vaccines are commonly integrated into national immunization programs, particularly for infants and adolescents. Their widespread adoption in high- and middle-income countries reinforces their dominant position.
Polysaccharide Vaccine
Polysaccharide vaccines account for nearly 20% of the meningococcal vaccine market. They offer short-term protection and are frequently administered during outbreak control measures, especially for older populations. While not ideal for infants, their cost-effectiveness makes them a practical solution in resource-limited settings.
Subcapsular Vaccines
Subcapsular vaccines, including protein-based MenB formulations, represent about 15–20% of the global market. These vaccines are crucial for protection against serogroup B, which is not addressed by conjugate or polysaccharide vaccines. Demand is rising in developed regions due to the increasing prevalence of MenB infections in young adults and teenagers.
Meningococcal Vaccine Market, Segmentation by Sales Channel
The Meningococcal Vaccine Market has been segmented by Sales Channel into Private and Public.
Public Sales Channel
The public sector continues to lead the meningococcal vaccine market, accounting for nearly 69.4% of global sales in 2024. This dominance is largely due to expansive government-sponsored immunization programs that offer vaccines through national healthcare systems. Initiatives supported by organizations like the World Health Organization (WHO) and Gavi have made conjugate vaccines widely accessible through mass immunization campaigns, especially in low- and middle-income countries.
Private Sales Channel
The private sales channel holds a growing share of the market, particularly in urban and semi-urban regions of emerging economies. Increasing consumer awareness, rising out-of-pocket healthcare expenditure, and better access to private medical services are contributing to its expansion. Though smaller than the public sector, it plays a crucial role in bridging immunization gaps and is expected to grow steadily in the coming years.
Meningococcal Vaccine Market, Segmentation by Geography
In this report, the Meningococcal Vaccine Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Meningococcal Vaccine Market Share (%), by Geographical Region, 2024
North America
North America leads the meningococcal vaccine market, accounting for approximately 35–38% of the global share. The region benefits from robust healthcare systems, high public awareness, and widespread implementation of school-based immunization mandates. The United States, in particular, plays a major role in driving consistent demand.
Europe
With a market share of about 25–28%, Europe remains a key region in the global meningococcal vaccine landscape. Strong support from government-funded health programs and the early adoption of conjugate and MenB vaccines have contributed to high vaccination rates across nations such as the UK, Germany, and France.
Asia Pacific
Asia Pacific captures around 20–22% of global market share and is poised for accelerated growth. Factors such as increasing healthcare expenditure, expanding population coverage, and rising awareness of preventive vaccination drive demand. Countries including China, India, and Japan are at the forefront of regional expansion.
Middle East and Africa
Although contributing around 10–12% to the market, this region is vital due to its vulnerability to outbreaks—especially in the African meningitis belt. Vaccine uptake is largely driven by mass immunization campaigns and support from international organizations like the WHO and Gavi.
Latin America
Latin America accounts for roughly 5–7% of the market and is witnessing gradual growth. Enhanced public health strategies, government-backed immunization programs, and growing awareness in countries like Brazil and Mexico support consistent vaccine adoption.
Meningococcal Vaccine Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Meningococcal Vaccine Market. These factors include; Market Drivers, Restraints, and Opportunities.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing disease incidence
- Growing vaccination awareness
- Government immunization initiatives
- Healthcare infrastructure expansion
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Enhanced vaccine manufacturing capacity - The expansion of vaccine manufacturing capacity plays a critical role in the growth of the meningococcal vaccine market. As the demand for meningococcal vaccines increases, manufacturers have been significantly investing in boosting their production capabilities. This growth is essential for meeting the rising need for vaccines, especially in regions prone to meningococcal outbreaks, such as parts of Africa and Asia. By increasing manufacturing capacity, vaccine producers can ensure a consistent and reliable supply, making it easier for healthcare providers to access vaccines for immunization programs. This expansion is key to addressing vaccine shortages and ensuring that vaccination campaigns can reach more individuals in a timely manner.
Increased manufacturing capacity also enables the development and distribution of more advanced vaccine formulations. Manufacturers are now able to produce vaccines that offer protection against a wider range of meningococcal strains, including newer MenACWY vaccines that guard against multiple serogroups. With more efficient production processes in place, companies can deliver vaccines with enhanced coverage, increasing the likelihood that vaccination programs will succeed in reducing meningococcal disease. The availability of these more comprehensive vaccines encourages greater adoption among populations at risk, particularly in high-incidence areas where the disease is widespread. This growing capacity is instrumental in broadening global vaccination efforts.
Restraints:
- Regulatory complexities
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Wastage and expiration risks - Wastage and expiration risks are major constraints in the meningococcal vaccine market, significantly affecting both the efficiency of vaccine distribution and the success of immunization campaigns. Vaccines, particularly those requiring strict cold chain management, are sensitive to temperature changes. Any lapses in storage or transportation conditions can compromise the vaccine’s effectiveness, leading to wasted doses. This is especially problematic in regions with inadequate healthcare infrastructure, where vaccines may travel long distances or face extreme environmental conditions. Ensuring that vaccines retain their potency throughout the entire supply chain is a constant challenge, making proper handling and monitoring essential to prevent unnecessary waste.
Expiration is another key concern in the meningococcal vaccine market. In many cases, vaccines may be distributed in excess, but due to low demand or logistical delays, they may not be used before they expire. This issue is exacerbated by inaccurate demand forecasting and slow vaccination rates in certain regions. The result is the wastage of valuable vaccines, which imposes significant financial losses on governments and healthcare systems. These losses not only impact the overall cost-effectiveness of vaccination programs but also limit the ability of health authorities to invest in new supplies, which in turn hinders broader efforts to control meningococcal disease globally.
Opportunities:
- Advanced vaccine technologies
- Targeted high-risk population campaigns
- International vaccine access programs
- Health education investments
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Routine immunization integration - Integrating meningococcal vaccines into routine immunization schedules offers a valuable opportunity to enhance global vaccination efforts and reduce the prevalence of meningococcal disease. By adding meningococcal vaccines to the regular immunization programs for infants, children, and adolescents, governments can ensure that a larger portion of the population receives timely protection. This approach promotes widespread vaccination, making it a standard healthcare procedure and increasing overall vaccine coverage. As a result, more individuals, especially those in high-risk groups, will be vaccinated, helping to prevent meningococcal infections on a global scale.
Many countries already include vaccines for diseases like measles, polio, and diphtheria in their routine immunization schedules. By incorporating meningococcal vaccines into these established programs, countries can benefit from existing healthcare infrastructure and vaccination networks. This reduces the logistical challenges and costs associated with organizing separate vaccination campaigns. Additionally, utilizing established systems for vaccine distribution improves the efficiency of immunization efforts, leading to better resource allocation and broader coverage.
Routine immunization plays a crucial role in building long-term immunity across the population, contributing to herd immunity. By vaccinating a significant portion of the population, particularly in areas with higher disease incidence, the spread of meningococcal infections can be significantly reduced. This widespread protection minimizes the risk of outbreaks and the burden on healthcare systems. As a result, fewer cases of meningococcal disease will require hospitalization, reducing healthcare costs and saving lives. Over time, routine vaccination efforts can substantially decrease the global impact of the disease, leading to lower rates of infection and death.
Meningococcal Vaccine Market Competitive Landscape Analysis
Key players in Meningococcal Vaccine Market include,
- 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.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Vaccine Serotype
- Market Snapshot, By Vaccine
- Market Snapshot, By End User
- Market Snapshot, By Region
- Meningococcal Vaccine Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing disease incidence
- Growing vaccination awareness
- Government immunization initiatives
- Healthcare infrastructure expansion
- Enhanced vaccine manufacturing capacity
- Restraints
- Regulatory complexities
- Wastage and expiration risks
- Opportunities
- Advanced vaccine technologies
- Targeted high-risk population campaigns
- International vaccine access programs
- Health education investments
- Routine immunization integration
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Meningococcal Vaccine Market, By Vaccine Serotype, 2021 - 2031 (USD Million)
- MenACYW Vaccine
- MenB/BC Vaccine
- MenC Vaccine
- MenA Vaccine
- MenAC Vaccine
- Meningococcal Vaccine Market, By Vaccine, 2021 - 2031 (USD Million)
- Conjugate Meningococcal Vaccines
- Polysaccharide Vaccine
- Subcapsular Vaccines
- Meningococcal Vaccine Market, By End User, 2021 - 2031 (USD Million)
- Pediatric
- Adult
- Travelers
- Meningococcal Vaccine Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Meningococcal Vaccine Market, By Vaccine Serotype, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- GlaxoSmithKline plc
- Pfizer Inc.
- Sanofi Pasteur
- Merck & Co., Inc.
- Novartis AG
- Serum Institute of India Pvt. Ltd.
- Bharat Biotech International Limited
- Bio-Manguinhos
- 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.
- Company Profiles
- Analyst Views
- Future Outlook of the Market