Infinity Business Insights brings forward a research report on the meningococcal groupB vaccine and its opportunities to grow throughout the world. As we know Invasive meningococcal disease (IMD) is a bacterial illness caused by Neisseria meningitidis, a gram-negative coccus that can cause meningitis, bacteremia (meningococcemia), and bacteremia pneumonia. Although meningococcal disease is uncommon, it is associated with a high mortality rate of if left untreated, and it frequently leads to major sequelae. Meningococcal meningitis causes infection of the brain and spinal cord lining and has the potential to generate huge epidemics and endemics which can be treated through the meningococcal groupB vaccine.
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Top Key Players Included in Meningococcal Group B Vaccine Market Report: GSK, Pfizer
The global meningococcal vaccine market is predicted to rise significantly during the forecast period, thanks to increased acceptance in national vaccination programmes in a number of countries around the world. Furthermore, a rise in meningococcal outbreaks in numerous countries has resulted in an increase in demand for meningococcal group B vaccinations, which has aided the market’s expansion.
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Meningococcal Group B Vaccine Market segment by Type:
Meningococcal Group B Vaccine Market segment by Application:
Due to the obvious increased knowledge of meningococcal infections, the ease of product availability, and the increase in outbreaks of meningococcal diseases, North America and Europe are the most lucrative markets. In 2020, North America had the biggest market share for meningococcal group B vaccine revenue. Furthermore, it is expected to gain considerable market share by 2027, with a CAGR higher than previous year. Globally, the Asia-Pacific Meningococcal Vaccine Market is expected to be the fastest expanding sub-segment. However due to the pandemic the havoc has slowed down the growth.
What is the current size of the global market?
Who are the leading players in the market?
What are the major regions of the market?
What are the major drivers of the market?
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