The Business Research Company’s report on the Bexsero Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the bexsero market in recent years?
The increasing prevalence of meningitis is expected to propel the growth of the bexsero market going forward. Meningitis is the inflammation of the protective membranes surrounding the brain and spinal cord, usually due to an infection. The increasing prevalence of meningitis can be attributed to several factors, including higher infection rates, changes in vaccination coverage, weakened immunity, and improved detection and reporting systems. Bexsero helps protect against meningitis by stimulating the immune system to produce antibodies specifically targeting Neisseria meningitidis group B bacteria, thereby reducing the risk of invasive meningococcal disease, which can cause life-threatening inflammation of the brain and spinal cord membranes. For instance, in August 2024, according to a report published by the UK Health Security Agency (UKHSA), a UK-based government body, the Meningococcal Reference Unit (MRU) confirmed 396 cases of invasive meningococcal disease (IMD) in 2022-2023, up from 205 cases reported in 2021-2022. Between 2022 and 2023, there were 356 confirmed cases of MenB invasive disease, a significant increase from 179 cases in 2021 to 2022 and 61 cases in 2020 to 2021. Therefore, the increasing prevalence of meningitis is driving the growth of the bexsero market.
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What is the projected market size of the bexsero industry, and how is it expected to grow?
The bexsero 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%. The growth in the historic period can be attributed to increased disease burden, increased demand for meningococcal vaccines, strong healthcare infrastructure, increased demand for vaccines, and increased awareness about the disease.
The bexsero market size is expected to see XX (FCAGR) in the next few years. It will grow to $XX million in 2029 at a compound annual growth rate (CAGR) of XX%. The growth in the forecast period can be attributed to increasing prevalence of meningitis, increasing research and development activities, increasing focus on preventive healthcare, rising immunization programs, and increasing vaccine acceptance among parents. Major trends in the forecast period include medicare advancements, government initiatives, advancements in mrna vaccine technology (potential for menB vaccines), innovations in vaccine development, and development of new vaccine delivery methods.
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Who are the key players driving competition in the bexsero market?
Major companies operating in the bexsero market include GlaxoSmithKline plc
What key trends are expected to drive the betaferon or betaseron market during the forecast period?
The key trend in the bexsero market is developing innovative products, such as the meningococcal B vaccine, to broaden protection against various strains within serogroup B. The meningococcal B vaccine is designed to protect against Neisseria meningitidis serogroup B, a bacterium responsible for causing invasive meningococcal disease, including meningitis and bloodstream infections. For instance, in July 2024, GlaxoSmithKline (GSK) Plc, a UK-based pharmaceutical company, launched the Bexsero vaccine in South Korea. It contains four key components recombinant proteins NHBA, NadA, fHbp, and the outer membrane vesicle PorA P1.4. These components were chosen based on the complete genetic analysis of meningococcal B. This formulation triggers the production of bactericidal antibodies that target multiple mechanisms of meningococcal B antigens.
Which key geographies are driving the growth of the bexsero market?
North America was the largest region in the bexsero market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bexsero market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What are the key segments driving growth in the bexsero market?
The bexsero market covered in this report is segmented –
1) By Formulation: Injectable Suspension, Pre-Filled Syringes
2) By Distribution: Hospitals, Pharmacy Stores, Public Health Programs
3) By End User: Adults, Geriatric, Adolescents, Children
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How is the bexsero market defined?
Bexsero refers to a meningococcal group B vaccine designed to help prevent invasive meningococcal disease caused by Neisseria meningitidis group B bacteria. It is used for active immunization in individuals aged 2 months and older to protect against meningitis and septicemia caused by this bacterial strain.
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