Written by Rahul Singh » Updated on: January 15th, 2025
Vaccine Market in MENA 2025:
How Big is the MENA Vaccine Industry?
The MENA vaccine market size reached USD 2.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.8 Billion by 2033, exhibiting a growth rate (CAGR) of 5.7% during 2025-2033.
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.3 Billion
Market Size in 2033: USD 3.8 Billion
Market Growth Rate (CAGR) 2025-2033: 5.7%
MENA Vaccine Market Trends and Drivers:
The market for MENA vaccines is expanding rapidly and this expansion is fueled by growing understanding of the important role that vaccines can play in desensitizing infectious disease and public healthissues1). Immunization campaigns in partnership with the government and the other work of the international health agencies (e.g., WHO, UNICEF) is leading to massive rises in vaccine coverage in the area. Specialised efforts at disease prevention, such as measles, poliomyelitis and hepatitis, have enabled routine immunisation at community level. Furthermore, the market is being further driven out from the pediatric immunizations by the demand for adult and travel immunizations. At the same time, the growing number of epidemic cascades, emerging diseases, and the push for increasing vaccination coverage of both countries in the area are now motivating them to adopt a more aggressive vaccination approach, which also brings into play conventional and new vaccines.
Technological momentum and growing market penetration of producers and pharmaceuticals from around the world are changing the market landscape. State-of-the-art vaccine platforms including mRNA and some viral vector platforms have revolutionized the paradigm of development and delivery process, such as that shown by the COVID-19 epidemic. These advances are further bolstering the field's capacity to prepare for future public health crises. Domestic vaccine production has the top priority of governments as a measure to give strength to supply chains and lessen the risk of import dependence. Public-private partnerships are driving speed of R&D and promoting greater diversity and economy in the vaccine portfolio. With the enhanced health care infrastructure and vaccine stock availability, the vaccine market in the Middle East and North America (MENA) region is expected to enjoy a lasting and substantial growth in the coming years.
MENA Vaccine Market Report Segmentation:
The report has segmented the market into the following categories:
Product Type Insights:
Treatment Type Insights:
Technology Insights:
Route of Administration Insights:
Patient Type Insights:
Indication Insights:
A) Bacterial Diseases
Distribution Channel Insights:
End User Insights:
Country Insights:
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
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Email: [email protected]
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