Add 2 More Reports For 20% off

Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Pneumococcal Vaccine Market Outlook

The pneumococcal vaccine market size was valued at USD 8.61 million in 2024, driven by the emphasis on preventing invasive pneumococcal disease like pneumonia and meningitis across the 7 major markets. The market is expected to grow at a CAGR of 4.9% during the forecast period of 2025-2034, with the values likely to rise from USD 9.03 million in 2025 to USD 13.21 million by 2034.

Pneumococcal Vaccine: Introduction

Pneumococcal vaccine is used to prevent pneumococcal disease, which is caused by the Streptococcus pneumoniae bacteria. This bacterium colonises the human respiratory tract and can induce both invasive (such as pneumonia, meningitis, bacteraemia) and non-invasive diseases (such as acute otitis media and sinusitis). Invasive diseases can even to hospitalisation and morbidity in patients.

There are two common types of pneumococcal vaccines used, namely pneumococcal conjugate vaccines (PCVs, specifically PCV15 and PCV20) and pneumococcal polysaccharide vaccine (PPSV23). PCV13 or PCV15 is commonly recommended to children younger than 2 years of age.

Pneumococcal Vaccine Market Analysis

Pneumonia accounts for 14%  of children’s deaths aged 5 years or younger. To curb this burden of mortality rates, researchers have been working towards effective vaccine solutions for infants and children. In April 2023, Pfizer’s 20-valent pneumococcal conjugate vaccine, PREVNAR 20®, received FDA approval. This vaccine offers the broadest serotype coverage of any pediatric pneumococcal conjugate vaccine. It is built on PREVAR 13 and contains seven additional serotypes, related to antibiotic resistance and increased diseases severity.

The pneumococcal vaccine market value is also expected to grow with continuous advancements in the existing vaccines. Pneumovax 23™ by Merck helps against fighting 23 types of pneumococcal bacteria. In August 2023, Merck revealed that their investigational 21-valent PCV called V116 showcased significant immune responses in Phase 3 trials. It was applied on both, previously vaccinated and vaccine-naïve adults.

In April 2023, Vaxcyte reported that their 24-Valent Pneumococcal Conjugate Vaccine Candidate, VAX-24, designed specifically for patients 65 years or older showed positive data from the phase 2 study.

The technology used to create vaccines is experiencing a transition especially during the COVID-19 era. Researchers have started using novel techniques like ‘Multiple Antigen Presenting System’, or MAPS to create vaccines. This also indicates that the pneumococcal vaccine market demand will grow with the arrival of improved vaccines for quality treatment in patients.

Pneumococcal Vaccine Market Segmentation

Market Breakup by Vaccine Type

  • Conjugate vaccine
  • Polysaccharide vaccine

Market Breakup by Product Type

  • Prevnar 13
  • Synflorix
  • neumovax23

Market Breakup by Distribution Channel

  • Distribution partner companies
  • Non-governmental Organizations
  • Government Authorities

Market Breakup by Region

  • United States
  • EU-4 and the United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • United Kingdom
  • Japan

Pneumococcal Vaccine Market Overview

The United States, with a well-developed infrastructure and being home to prominent healthcare companies, has dominated the pneumococcal vaccine market share in the historic period. With awareness campaigns and initiatives set up government and healthcare institutions, the population has become more accepting towards vaccinations. This has led to better vaccination rates in the region. In addition, the COVID-19 outbreak has made human bodies more susceptible to respiratory diseases, therefore, the demand for pneumococcal vaccine has surged.

Europe is expected to lead the market with the growing research and developments in the healthcare system. In April 2023, Spain hosted the 2nd Global Forum on childhood pneumonia which focused on preventing the fatal disease by providing vaccinations and medications to middle and low-income countries.

The Asia Pacific region is projected to have the highest pneumococcal vaccine market growth with several government initiatives to make the population undertake vaccinations. One such initiative is the SAANS (Social Awareness and Action to Neutralise Pneumonia Successfully) campaign by the Indian government, which spreads information on pneumonia prevention. Moreover, the region is also developing a robust infrastructure that supports advanced medical research and development for improved patient outcomes.


 
Pneumococcal Vaccine Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

  • GlaxoSmithKline, Plc.
  • Sanofi
  • Merck & Co.
  • Panacea Biotech
  • Pfizer Inc
  • PnuVax Incorporated
  • SK bioscience
  • Walvax Biotechnology Co.
  • Beijing Minhai Biotechnology Co.
  • Serum Institute of India

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Vaccine Type
  • Product Type
  • Distribution Channel
  • Region
Breakup by Vaccine Type
  • Conjugate vaccine 
  • Polysaccharide vaccine
Breakup by Product Type
  • Prevnar 13 
  • Synflorix 
  • neumovax23
Breakup by Distribution Channel
  • Distribution partner companies 
  • Non-governmental Organizations 
  • Government Authorities 
Breakup by Region
  • United States
  • EU-4 and the United Kingdom
  • Japan
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • GlaxoSmithKline, Plc. 
  • Sanofi
  • Merck & Co.
  • Panacea Biotech
  • Pfizer Inc
  • PnuVax Incorporated
  • SK bioscience
  • Walvax Biotechnology Co.
  • Beijing Minhai Biotechnology Co.
  • Serum Institute of India

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Key Questions Answered in the Report

The market attained a value of about USD 8.61 million in 2024, driven by the focus on preventing diseases like meningitis, pneumonia, and others with the help of vaccinations. 

The market is anticipated to grow at a CAGR of 4.9% during the forecast period of 2025-2034, likely to reach a market value of USD 13.21 million by 2034.

Vaccine producing technology has evolved post COVID-19. Scientists have turned to different approaches to improve the vaccine efficacy. As a result, the market demand has increased with the arrival of customised and enhanced vaccines.

The current market trend includes the arrival of vaccinations for all age groups, spanning from infants to older people. Pfizer’s PREVNAR 20®, an infant PVC received FDA approval in April 2023, whereas Vaxcyte’s VAX-24, designed for patients 65 years or older showed positive data from a phase 2 study.

The major regions of the market include United States, Japan, EU-4 and the United Kingdom. EU-4 includes Germany, France, Italy, and Spain.

Conjugate vaccine and polysaccharide vaccine are commonly used vaccine type.

Product types include Prevnar 13, Synflorix and neumovax23.

Major distribution channels include distribution partner companies, non-governmental organizations, and government authorities.

Key players involved in the market are GlaxoSmithKline, Plc., Sanofi, Merck & Co., Panacea Biotech, Pfizer Inc., PnuVax Incorporated, SK bioscience, Walvax Biotechnology Co., Beijing Minhai Biotechnology Co., and Serum Institute of India.

Datasheet

10 % Off

USD

3,299

2,969

Single User License

10 % Off

USD

5,499

4,969

Five User License

15 % Off

USD

6,999

5,949

Corporate License

15 % Off

USD

8,199

6,969

Datasheet

One User

USD 3,299

USD 2,969

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • Excel Spreadsheet Delivered via Email
  • Full Report
  • Periodic Updates
  • Post Sales Analysts Support
  • Unlimited Prints

Single User License

One User

USD 5,499

USD 4,969

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • PDF Delivered via Email
  • Custom Report Layout
  • Post Sales Analysts Support
  • Periodic Updates
  • Unlimited Prints

Five User License

Five User

USD 6,999

USD 5,949

tax inclusive*

  • All Selected Segments
  • Five Prints Available
  • PDF Delivered via Email
  • Limited Free Customization
  • Post Sales Analyst Support
  • Custom Report Layout
  • Periodic Updates
  • Unlimited Prints

Corporate License

Unlimited Users

USD 8,199

USD 6,969

tax inclusive*

  • All Selected Segments
  • Unlimited Prints Available
  • PDF & Excel Delivery via Email
  • Limited Free Customization
  • Post Sales Analysts Support
  • Discount On Next Update
  • Custom Report Layout

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Bundle Type

Flash Bundle

20% OFF Number of Reports: 3

Small Business Bundle

25% OFF Number of Reports: 5

Growth Bundle

30% OFF Number of Reports: 8

Enterprise Bundle

35% OFF Number of Reports: 10
Overview
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 80 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 100 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Flash Bundle

Number of Reports: 3

20%

tax inclusive*

  • 3 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade
  • Free Analyst Hours

Small Business Bundle

Number of Reports: 5

25%

tax inclusive*

  • 5 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade

Growth Bundle

Number of Reports: 8

30%

tax inclusive*

  • 8 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Free Analyst Hours - 80 Hours
  • Power BI Dashboards

Enterprise Bundle

Number of Reports: 10

35%

tax inclusive*

  • 10 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Power BI Dashboards
  • Free Analyst Hours - 100 Hours

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63-287-899-028, +63-967-048-3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124