The Recombinant Vaccines Market was valued at US$ 830.2 million in 2016 and is projected to expand at a CAGR of 6.0% during the forecast period (2017–2025), as highlighted in a new report published by Coherent Market Insights. There is an increase in awareness regarding prevention of vaccine preventable lethal diseases.
The recent past has witnessed a steady rise in incidence of zoonotic and infectious diseases in humans and animals as well, which lead to the increased research & developments for the innovation of new and effective recombinant vaccines for the prevention of diseases. Government has also taken an initiative to increase awareness regarding vaccination to prevent diseases in community. Manufacturing companies have also started some beneficial programs to provide vaccination free of cost to poor people, which creates a highly conducive environment for growth of the recombinant vaccines market in near future.
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Global Recombinant Vaccines Market, By Product Type
Subunit Recombinant Vaccines,Attenuated Recombinant Vaccines,Vector Recombinant Vaccines,.
Global Recombinant Vaccines Market, By Disease Type
Global Recombinant Vaccines Market, End User
Recombinant Human Vaccines,Animal Recombinant Vaccines,Poultry,Companion Animal Vaccines,Livestock,Porcine,Aquaculture Vaccines,.
The report segments the global recombinant vaccines market on basis of product type, end user, disease type and geography. On the basis of product type, the market is categorized into subunit recombinant vaccines, attenuated vaccines, and vector recombinant vaccines. Among these, the vector recombinant vaccines segment dominates the recombinant vaccines market throughout the forecast period. On the basis of disease type, the market is categorized into infectious disease, cancer, allergy, and others. On the basis of end user, the market is categorized into recombinant human vaccines and animal recombinant vaccines. On the basis of geography, the market is divided into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Among all regions, North America contributes major market share supported by increased awareness among people and increase in infectious and viral diseases.
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Key features of the study:
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products,regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global Recombinant Vaccines market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
The global recombinant vaccines market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical devices companies, new entrants, and financial analysts
Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the recombinant vaccines market