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(MoneyNewsWire.Net, December 21, 2017 ) According to the report Global Therapeutic Vaccine Market, published by Market Data Forecast, the market was worth USD 1.13 billion by the end of 2015 and projected to reach USD 4.82 billion by 2020, at a CAGR of 33.6%.
Vaccines are biological preparations that assist in acquiring immunity to a particular disease. Vaccines may be prophylactic and therapeutic. A vaccine typically includes an agent that resembles a disease-causing microorganism and is often made from weakened or killed forms of the microbe, its toxins or one of its surface proteins. Therapeutic vaccines are gaining importance owing to their immunogenic specificity for individual infective disease agents. The vaccine Market is different from any other product market.
Compared to the pharmaceutical market it is relatively small, although growing at a fast rate. There are presently close to 120 new vaccines in the pipeline of various multinational companies across the globe set to hit the market in the next few years. The vaccine market is rather concentrated on both supply and demand sides. Therapeutic vaccines are currently developed for chronic viral infections such as human immunodeficiency virus (HIV), herpesvirus and hepatitis B (HBV) and C (HCV) virus infections, human papillomavirus (HPV), cancer etc. as an alternative to antiviral treatment.
Get a comprehensive overview of the Global Therapeutic Vaccine Market: http://www.marketdataforecast.com/market-reports/global-therapeutic-vaccines-market-71/
Global Therapeutic Vaccine Market: Drivers & Restraints
Increase in funding from government for vaccine development, rising prevalence of disease, increasing investments by companies, growing incidences of chronic diseases such as cancer and HIV, technological advancements and new initiatives by NGOs are some of the factors driving the market growth. However, massive capital expenditures and stringent regulatory policies and high costs of the vaccines are turning out to be restraints for this market.
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Global Therapeutic Vaccine Market: Segmentation
By Disease Type
o Autoimmune Disease Vaccines
o Cancer Vaccines
Multikine
PR1 Peptide
TroVax
CYT004-MelQbG10
o Neurological Disease Vaccines
ACC- 001
CAD 106
Parkinson's Vaccine
Alzheimer's Vaccine
o Infectious Disease Vaccines
Hepatitis C Vaccines
HIV/AIDS Vaccines
Other Infectious Disease Vaccines
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/global-therapeutic-vaccines-market-71/customize-report
Global Therapeutic Vaccine Market: Overview
There are large numbers of therapeutic vaccines which are under clinical research and developments. Therapeutic vaccines are also used to treat cancer as they provide greater bioavailability and specificity with minimal side effects. Some of the side effects associated with therapeutic vaccines are swelling, redness, soreness and pain at the site of injection. In addition, mild-flu like symptom is another side effect for therapeutic vaccines. These factors are debating for the development of the therapeutic vaccines.
Global Therapeutic Vaccine Market: Region-wise Outlook
Based on geography the global market is analysed under various regions namely, Global, Europe, Asia Pacific, Latin America and Middle-East & Africa. North America accounts for the large portion of revenue in the therapeutic vaccine market. The growth of this market will be boosted owing to the presence of advanced and active R&D establishments in the region.
Key Questions Answered
What is the current and future Therapeutic vaccines outlook in global market? What trends are affecting the global market?
What is the competitive landscape and market share of major players in the Global Therapeutic Vaccine Market?
What are the key, high growth markets that therapeutic vaccine market should expand into? Which market segments are growing the fastest?
What are the unmet needs with the therapeutic vaccine currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of therapeutic vaccine Market?
What are the challenges and barriers that have hindered widespread adoption of therapeutic vaccine Market?
Global Therapeutic Vaccine Market:
Some of the key players influencing the global preventive vaccine market are GlaxoSmithKline, plc., Merck and Company, Bavarian Nordic, CSL Limited, Emergent BioSolutions Inc., Novartis AG, Johnson and Johnson, Medimmune, LLC, Pfizer, Inc., and Sanofi Pasteur.
Reasons to buy Global Therapeutic Vaccine Market Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Pharmaceuticals Segment:
Global Nuclear Medicine Radiopharmaceuticals Market: http://www.marketdataforecast.com/market-reports/global-nuclear-medicine-radiopharmaceuticals-market-130/
Global Preventive Vaccine Market: http://www.marketdataforecast.com/market-reports/global-preventive-vaccine-market-160/
Global Cancer Monoclonal Antibodies Market: http://www.marketdataforecast.com/market-reports/global-cancer-monoclonal-antibodies-market-185/
About Market Data Forecast:
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