Global Recombinant Vector Vaccine Market Overview: 2019-2027
The Global Recombinant Vector Vaccine Market size was valued at USD XX million in 2019 and is expected to reach at a compound annual growth rate (CAGR) of XX% from 2019 to 2027.
Recombinant vector vaccines are live replicating viruses that are engineered to carry extra genes derived from a pathogen and these extra genes produce proteins against which we want to generate immunity.
The report on the Global Recombinant Vector Vaccine Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecast period from 2019 to 2027. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. Leading players in the global recombinant vector vaccine market include Sanai, Pfizer Inc., Novartis AG, Neuron Biotech, and Merck and Company. The market size in terms of revenue and volume is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Global Recombinant Vector Vaccine Market Dynamics
The need for reducing the high prevalence of viral infections such as human papillomavirus infection, hepatitis B, COVID-19, and others are imposing higher demand for recombinant vector vaccines worldwide. Governments from all countries are focusing on implementing vaccination programs and policies that are helping professionals tackle the increasing burden of infectious diseases. This is expected to drive the global market during the forecast period.
The most significant driver for the growth of the global market is the full-fledged advantage of recombinant properties in providing effectiveness and safety to the patient get immunized. The vaccines can be produced quickly and in larger quantities, which eliminates the risk of a vaccine shortage. The above-mentioned factors, coupled with the growing population, are expected to drive the global recombinant vector vaccine market during the forecast period.
Global Recombinant Vector Vaccine Market is segmented by vector, disease type, and region.
Global Recombinant Vector Vaccine Market ,By Vector
• Recombinant viral vector vaccines
• Recombinant bacterial vector vaccines
Global Recombinant Vector Vaccine Market
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The recombinant viral vector vaccines segment holds the maximum share of the global market.
Recombinant viral vector vaccines produce proteins against, which we want to generate immunity. The advances in immunology, molecular biology, biochemistry, genomics, and proteomics have added new perspectives to the recombinant viral vector vaccinology field. Live recombinant viral vector vaccines effectively stimulate the immune system as in natural infections and have intrinsic adjuvant properties. The recombinant viral vector vaccines can induce strong long-term cellular immune responses and combine different antigen delivery systems to broaden the immune response. As a result recombinant viral vector vaccines are expected to command the largest market share of XX% by 2027.
Most current recombinant viral vector vaccines owe their success on their ability to target pathogens that have low antigenic variability and for which protection depends on antibody-mediated immunity. Hence this kind of vaccine is mostly preferred for children suffering from polio, tetanus, diphtheria, measles, and hepatitis B, among others. Hence the recombinant viral vector vaccines segment dominates the global market in the forecast period.
Global Recombinant Vector Vaccine Market ,By Disease Type
• Viral
• Bacterial infections
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Viral segment commanded largest market share of XX% by 2027.
Emerging and re-emerging infectious diseases and the recent increase in prevalence of immunodeficiency virus (HIV) and severe acute respiratory syndrome (SARS) - associated coronavirus (SARS-Cove) is driving the global recombinant vector vaccine market during the forecast period.
The large size of the genome, discontinuous transcription, the presence of transcriptionally active full and sub-genomic length RNAs in viruses are the characteristics, which support high recombination rates in viruses, and hence global recombinant the vector vaccine market is driving in the forecast period.
Global Recombinant Vector Vaccine Market , By Region
• North America
• Europe
• Asia-Pacific
• MEA & Africa
• Latin America
Global Recombinant Vector Vaccine Market1
North America is expected to command largest market share of XX% by 2027.
The developed scientific infrastructure along with the high awareness levels among people fosters the growth of the global market in this region. A large number of pharmaceutical companies present in this region and the use of vector vaccines to treat infectious diseases are driving the global recombinant vaccines market. Continuous R & D investments by key players and rapid adoption of efficient vaccines across the region are expected to drive the market growth from North America.
Availability of advances molecular and genetic engineering instruments in the region is the major factor responsible to boost the R & D leading to the introduction of novel vaccines. As a result, North America is expected to drive the global market in the forecast period.
Key Players Operating in Global Recombinant Vector Vaccine Market
• Sanai
• Pfizer Inc.
• Novartis AG
• Neuron Biotech
• Merck and Company
• GlaxoSmithKline plc.
• CSL Limited
• Biological E
• Bharat Biotech
• Serum Institute of India Private Limited
• CNBG
• Protein Science Corporation
• Green Cross Corporation
• Bayer AG
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