Overview
Conjugate Vaccines Market is expected to grow at a CAGR of 9.5% during the forecast period 2024-2031.
By attaching these unique polysaccharide coats to an organism, conjugate vaccines enable the immune system—particularly in individuals with immature immune systems—to recognize and respond effectively. Examples of conjugate vaccines include meningococcal vaccines for meningitis prevention, the Haemophilus influenzae type B (Hib) vaccine, and the pneumococcal vaccine.
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Market Growth Trends
The increasing FDA approvals for conjugate vaccines are expected to drive market growth.
On December 28, 2022, Pfizer Inc. announced that the U.S. Food and Drug Administration (FDA) accepted for review a Biologics License Application (BLA) for its investigational pentavalent meningococcal vaccine candidate (MenABCWY). Pfizer submitted MenABCWY to prevent meningococcal disease caused by the most common serogroups in individuals aged 10 to 25.
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Market is segmented
By Type: Monovalent Conjugate Vaccines, Multivalent Conjugate Vaccines
By Disease Type: Pneumococcal, Influenza, Meningococcal
By Pathogen Type: Bacterial Conjugate Vaccine, Viral Conjugate Vaccine, Combination Conjugate Vaccine
By End User: Pediatric, Adult
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
Market Key Players
• GlaxoSmithKline plc
• Merck & Co. Inc.
• Fablife
• SutroVax Inc.
• Sanofi Pasteur SA
• Pfizer
• Sinovac Biotech Ltd.
• IDT Biologics GmbH
• GreenSignal Bio Pharma Limited
• Taj Pharmaceuticals Limited
• Bavarian Nordic
Related Reports
Combination Vaccines Market
Anthrax Vaccines Market
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