Industry and News Therapeutic Vaccines Market Share, Growth, Industr | Page 2

immunotherapies include passive or immunomodulatory strategies against cancers whereas active
immunotherapies enhance the stability of patient’s immune system to recognize tumor-associated
antigens and remove malignant cells.
Passive immunotherapy involves administration of exogenously produced components such as
lymphocytes or antibodies. Immunomodulatory agents are not specified for particular antigens but
improve general immune responsiveness and are targeted to augment anticancer immune
responses. Therapeutic vaccines are specially designed for HIV positive people who have a weak
immune system. The vaccines provide energy to the affected tissue and help the immunity to grow
stronger.
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On a commercial scale, rise in cancer and HIV patients regionally, the therapeutic vaccines are
developed accordingly. With the rise in chronic diseases, the market for therapeutic market rises
too. Hence, the global therapeutic vaccines market is anticipated to grow at a higher CAGR during
the forecast period.
The key driving factors responsible for the growth of therapeutic vaccines market includes growth in
prevalence of chronic diseases such as HIV, Cancer, heart and neuro diseases. Additionally, rise in
increase for efficient treatment is now emphasized for effective treatment across the world.
Moreover, companies have now begun to research on various diseases such as breast cancer, lung
cancer and Alzheimer. However, lengthy processes for approval and developers of therapeutic
vaccines dealing with non-existent reimbursement policies for vaccines are a major factor hindering
the global market. On the basis of technologies, the global Therapeutic Vaccines Market is
segmented into autologous vaccines, allogenic vaccines.
On the basis of geographic segmentation, the global therapeutic vaccines market spans North
America, Asia-Pacific, Middle-East, Europe and Africa. North America leads the global market owing
to advanced healthcare infrastructure and also increased funding in R&D activities is likely to boost
the market growth in the upcoming years. Europe and APAC regions are now witnessing a significant
rise in demand for therapeutic vaccines due to growing prevalence of several diseases.