LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global vaccines market and the market is poised to grow by USD 13.81 billion during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. Request Free Sample Pages
Read the 160-page research report with TOC on "Global Vaccines Market Analysis Report by Geography (Asia, Europe, North America, and ROW), Type (Prophylactic vaccines and Therapeutic vaccines), and Segment Forecasts, 2020-2024".
The market is driven by the increasing use of adjuvants in vaccines. In addition, the development of nanoparticle vaccines is anticipated to further boost the growth of the vaccines market.
The growing need to improve the success rate of current vaccines is leading researchers to developing vaccines to fight emerging new pathogens and re-emerging pathogens. As a result, they are using suitable adjuvants that are crucial for enhancing vaccine potency. Adjuvants such as immunologic adjuvants improve the humoral and cell-mediated immune response to vaccine antigens.
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Major Five Vaccines Market Companies:
Bavarian Nordic AS
Bavarian Nordic AS is headquartered in Denmark and operates the business under the business segment: Pharmaceuticals. The company offers IMVAMUNE/IMVANEX, which is an MVA-BN non-replicating smallpox vaccine.
CSL Ltd. is headquartered in Australia and offers products through the following two business units: CSL Behring and Seqirus. The company offers vaccines such as AFLURIA, FLUCELVAX, FLUAD, and FLUCELVAX TETRA to end-users such as hospitals and pharmacies.
Emergent BioSolutions Inc.
Emergent BioSolutions Inc. is headquartered in the US and has business operations under the business segment: Pharmaceuticals. The company offers vaccines such as ACAM2000, BioThrax, VAXCHORA, and Vivotif to end-users such as hospitals and pharmacies.
GlaxoSmithKline Plc is headquartered in the UK and offers products through the following business segments: Pharmaceuticals, Vaccines, and Consumer healthcare. The company offers vaccines such as Ambirix, BEXSERO, BOOSTRIX, and CERVARIX to end-users such as hospitals and pharmacies.
Inovio Pharmaceuticals Inc.
Inovio Pharmaceuticals Inc. is headquartered in the US and offers products through the business segment: Biopharmaceuticals. The company offers vaccines such as VGX-3100 and PENNVAX-GP to end-users such as hospitals and pharmacies.
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Vaccines Type Outlook (Revenue, USD Million, 2020-2024)
- Prophylactic vaccines
- Therapeutic vaccines
Vaccines Regional Outlook (Revenue, USD Million, 2020-2024)
- North America
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Related Reports on Health Care are:
Global Therapeutic Vaccines Market – Global Therapeutic Vaccines Market by Type (Cancer vaccines, Infectious diseases vaccines, Neurological diseases vaccines, Autoimmune diseases vaccines, and Other diseases vaccines) and Geography (Asia, Europe, North America, and ROW).
Global Japanese Encephalitis Vaccines Market – Global Japanese Encephalitis Vaccines Market by Type (Inactivated vaccines, Recombinant vaccines, and Live attenuated vaccines) and Geography (Asia, Europe, North America, and ROW).
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