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Vaccine Market Worth $84.44 Billion by 2022


News provided by

MarketsandMarkets

08 Aug, 2013, 14:31 GMT

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DALLAS, August 8, 2013 /PRNewswire/ --

The "Vaccine Market -By Technology & Types, Trend Analysis By Various Classes - Live / Attenuated, Subunit, Toxoid, Conjugate, DNA, Recombinant Vector, Synthetic, Dentritic Vaccines And By Indications - Infectious Diseases, Cancer, Allergy, Diabetes, Cardiovascular Disease With Market Landscape Analysis - Global Forecasts To 2022", analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and the Rest of the World.

Browse

  • 22 Market Data Tables
  • 53 Figures
  • 195 Pages and an in-depth Table of Content on "Vaccine Market"

http://www.marketsandmarkets.com/Market-Reports/vaccine-technologies-market-1155.html

Early buyers will receive 10% customization on this report.

This Report studies the Global Vaccine Market, with forecast to 2022.

Within the healthcare industry, the Vaccine Market was initially considered a low-profit venture but is currently perceived with renewed interest among industry circles due to its high demand with respect to emerging infectious diseases. Furthermore, an improved understanding of the immune system has paved new opportunities for developing novel preventive and therapeutic vaccines.

This Market Research Report evaluates the Global Vaccine Market by Technology Class, Types, End Users, Disease Indication, and Geography.

Furthermore, The Technology Class is divided into Eight Segments, namely:

  • Live/Attenuated
  • Toxoid
  • Conjugate
  • Sub-Unit
  • Recombinant Vector
  • DNA, Synthetic
  • Dentritic Vaccines.

Of the above mentioned segments, sub-unit vaccine is the largest revenue segment; however, synthetic vaccines, recombinant vector vaccines, and DNA vaccines will be the fastest-growing segments.

The Global Vaccine Market was valued at $27 billion in the year 2012. At the end of 2013, the market is expected to be $32.05 billion and is poised to reach approximately $84 billion by 2022, growing at a CAGR of 11.36% from 2013 to 2022.

Therapeutic vaccines, specifically targeting cancers and allergies, will offer vast opportunities for new players entering this market. The launch of the first FDA-approved therapeutic vaccine, Provenge by Dendreon (U.S.), for treating prostate cancer has acknowledged the potential of vaccines in therapeutics. This scenario is expected to further revolutionize the industry towards massive growth in the next 5 to 10 years.

The global market for vaccines is expected to grow, backed by technological advancements with respect to the development of novel vaccines towards emerging infectious diseases, cancers, and allergies. The market will experience continuous improvements in vaccine design, delivery methodologies, and manufacturing in large-scale process. The market is witnessing a trend towards development of personalized vaccines. Additionally, the demand for safe and cost-effective drugs for the treatment of many cancers and HIV infection, which could be addressed by therapeutic vaccines, will remarkably fuel market growth.

North America is the largest hub for the Vaccine Market, accounting for the largest share, followed by Europe and Asia. North America and Europe are expected to grow at a steady pace. However, the Asia-Pacific market, particularly India and China, is expected to witness a boost in demand and is poised to register maximum growth over the next 10 years, owing to the increase in aging population and prevalence of various infectious diseases.

The Key Players in this Market are:

  • Novartis (Switzerland)
  • Glaxo Smith line (U.K.)
  • Merck (U.S.)
  • Sanofi (France)
  • Pfizer (U.S.)
  • Antigen Express, Inc. (U.S.)
  • Aduro Biotech (U.S.)
  • Genticel (France)
  • Biondvax (Israel)
  • Immune Targeting Systems (U.K.)
  • Prokarium (U.K.)
  • Immunobiology Ltd. (U.K.)
  • Liquidia Technologies (U.S.)
  • Alphavax (U.S.)
  • Bavarian Nordic (Denmark).

Buy a copy of this Report @http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1155

Browse related reports to Medical Devices Market

  • Medical Power Supply Market Forecast to 2017 @http://www.marketsandmarkets.com/Market-Reports/medical-power-supply-market-1208.html
  • Lab Automation Market Forecasts to 2017 @http://www.marketsandmarkets.com/Market-Reports/lab-automation-market-1158.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://mnmblog.org/
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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