2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Industry-Specific Factors Are Fueling the Growth of theMenveo Market?

The rising prevalence of meningitis is expected to boost the growth of the Menveo market. Meningitis is an inflammation of the protective membranes around the brain and spinal cord, caused by infections like bacterial, viral, or fungal. Menveo, a meningococcal vaccine, helps reduce meningitis by protecting against Neisseria meningitides strains. For example, the UK Health Security Agency reported an increase in invasive meningococcal disease cases from 205 in 2021–2022 to 396 in 2022–2023. The rising prevalence of meningitis is driving the growth of the Menveo market.

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#What Growth Opportunities Will Drive the Menveo Market’s CAGR Through 2034?

The menveo market size has XX (HCAGR) in recent years. It will grow from $XX million in 2024 to $XX million in 2025 at a compound annual growth rate (CAGR) of XX%. This growth stems from widespread immunization programs, a high meningococcal disease burden, strong healthcare infrastructure, international travel needs, and vaccination policies in the military.

The menveo market size is forecast to grow at a CAGR of XX%, reaching $XX million by 2029. Growth is driven by population growth, rising healthcare awareness, increased travel, expanding school vaccine requirements, and the growth of emerging markets. Notable trends include a rise in combination vaccines, a focus on booster doses, increased demand in emerging economies, enhanced cold chain distribution, and partnerships for better market penetration.

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What Key Market Trends and Innovations Are Shaping the Future of theMenveo Industry?

The key trend in the Menveo market is the development of innovative vaccine formulations like single-vial, fully liquid presentations for ease of use. In November 2024, GSK received EC approval for a new presentation of Menveo for children aged two years and older, simplifying administration without the need for reconstitution.

Which Companies Are Leading the Charge in Expanding theMenveo Market Growth?

Major companies operating in the menveo market include GlaxoSmithKline (GSK) Plc

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How is the Global Menveo Market Segemented?

The menveo market covered in this report is segmented –

1) By Type of Vaccine: Conjugate Vaccine, Combination Vaccine

2) By Indication: Meningococcal Disease Prevention, Routine Immunization, Outbreak Control, Travel Vaccination

3) By Age Group: Infants and Young Children, Adolescents, Adults, Older Adults

4) By End User: Hospitals, Vaccination Clinics, Travel Clinics, Academic And Research Institutions, Military And Government Facilities

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Which Geographics are Influencing the Growth of the Menveo Market?

North America was the largest region in the menveo market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the menveo market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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