Albany, NY -- (SBWIRE) -- 10/10/2018 -- Rapidly rising incidences of meningococcal meningitis among infants and young children is anticipated to be the primary driving factor behind the growth of the meningococcal vaccines market through 2028. In addition, rising number of national immunization programs being held by governments around the world are also expected to contribute positively to the demand for the near future.

Revenues arising from the meningococcal vaccines market are expected to grow at an impressive CAGR of more than 9% through 2028. The above insights have been taken from the report titled "Meningococcal Vaccines Market: Infants, Adolescents, and Young Adults Primary Target Groups" that was recently included in the vast repository of Market Research Reports Search Engine (MRRSE).

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Meningococcal vaccines for infants is anticipated to witness a relatively higher rate of demand owing to the greater risk of disease for this age group. Major market players are focusing on new formulations to achieve greater efficacy and competitive benefits.

Low awareness about the disease meningococcal meningitis, and the importance of meningococcal vaccines among parents is anticipated to be one of the primary constraining factors that could hamper the growth of the market during the forecast period. However, community awareness building activities by governments and healthcare organizations could counter this constraint. 

Meningococcal Vaccines Market: Report Overview

This detailed report provides a regional and global-level analysis & forecast on the meningococcal vaccines market, in terms of value (US$ Mn), for the period of forecast 2018 to 2028. Crucial influencers such as social, political, technological, and micro and macro-economic factors that play an important role in impacting the demand and the requirements for meningococcal vaccines have been analyzed in detail for the report.

An end-to-end value chain analysis on the meningococcal vaccines market has been provided, and the researched intelligence has been effectively used for helping the readers understand the competitive situation among leaders and emerging market players with information on the opportunities and restraints, including data on financials and thorough SWOT analysis. A market attractiveness analysis, on the basis of market size, general attractiveness, competition matrix, and Y-O-Y growth rate, has also been added.

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Meningococcal Vaccines Market: Research Methodology

Detailed discussions and extensive interviews have been carried out with highly experienced industry experts in the process of developing this report. Primary and secondary research methodologies have been used extensively, which have helped in extracting useful intelligence on the meningococcal vaccines market. Primary research represents most of the research efforts, which has been further supported with an extensive secondary research.

Major companies and new entrants in the meningococcal vaccines market have been assessed, while a variety of data sources such as press releases, investor presentations, annual reports, have been used for comprehensive analysis on the market's competitor landscape to gain a better understanding of the market. The research approach employed here is regarded as a reliable and efficient approach to bring out precise intelligence on the market data, by finding and making use of insights on latent business opportunities, and the activities of various industry participants.

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