Meningococcal Vaccines Market Share, Size, Growth and Segment Forecasts to 2020

Technavio Announces the Publication of its Research Report – Global Meningococcal Vaccines Market 2016-2020

Technavio recognizes the following companies as the key players in the global meningococcal vaccines market: GSK, Sanofi, and Pfizer.

Other Prominent Vendors in the market are Beijing Minhai Biotechnology, Bio Med, Hualan Biological Engineering, Imunoloski Zavod, JN International Medical, Nuron Biotech, Serum Institute of India, Vacunas Finlay, Merck, GlycoVaxyn, and Baxter.

Commenting on the report, an analyst from Technavio’s team said that the availability of combination vaccines is one of the key trends aiding to the growth of this market. Bacterial meningitis is caused by bacteria such as Haemophilus influenzae type B, meningococci, and pneumococci. Combination vaccines for meningitis target multiple causative agents, thereby preventing meningitis caused by these agents. For instance, Menhibrix is approved to prevent invasive meningococcal disease caused by Haemophilus influenzae type b and Neisseria meningitidis serogroups C and Y. Thus, combination vaccines eliminate the need to administer individual vaccines. The lower the number of injections administered, the lower the frequency of injection site reactions, such as pain, increasing patient compliance. Increased compliance results in effective prevention of the disease. Combination vaccines also decrease the packaging and transportation expenditure associated with multiple individual vaccines. Collectively, these factors decrease the development and marketing costs of the vaccine and increase the market revenue by effective prevention of the disease.

Browse full report with TOC@ https://marketreportscenter.com/reports/344085/global-meningococcal-vaccines-market-2016-2020

According to the report, the increase in awareness about vaccination and immunization programs will lead to the growth of this market. The WHO conducted a program in over 180 countries in 2013 under the slogan 'Protect your...