The expansion of worldwide Vaccine industry is partially fuelled by technical breakthroughs such as genome
sequencing of contagious pathogens, sophisticated understanding of the immune system and its
instrumentation of reaction, chased by a noteworthy influx of money from civic funding bodies, commercial
organizations and private charity. Safety, the manifestation of adequately high efficiency and lack in a
requirement of a reliable evaluation and development pathway are the main obstructing blocks for making new
vaccines.
Additionally, discovering novel and more efficient ways of healing rising public health threats, there is
substantial focus on recovering access to immunization for people in developed and developing countries. There
is an imbalance in demand to create effective vaccines in opposition to a number of lethal infectious diseases
such as malaria, hepatitis C and AIDS. Even though, vaccines for Infectious diseases such as influenza and TB
exist, but are only partly effectual and this sector demands significant upgrading to react for the actual public
health needs. This imbalance is expected to pose the challenge for this market over the forecast period.On the
basis of technology class, the market can be segregated into Conjugate Vaccines, Toxoid Vaccines, Sub-Unit
Vaccines, Recombinant Vector Vaccines, Live/Attenuated Vaccines, DNA Vaccines, Synthetic Vaccines and
Dentritic Vaccines.
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On the basis of the type, the market can be segregated into Therapeutic and Preventive. On the basis of end
users, the market can be segmented into Adult and Paediatric. On the basis of disease indication, the market
can be segregated into Infectious Diseases, Cardiovascular Diseases, Allergies, Cancer and Others such as
Diabetes. On the basis of a geographical region, the market can be segregated into North America, Asia Pacific,
Europe and Rest of the world. Asia Pacific is expected to grow rapidly over the forecast period owing to
increasing demands of a vaccine in the countries like India and China coupled with rising awareness about the
usage of vaccines. North America is expected to capture maximum revenue over the forecast period owing to
great awareness of vaccine and increasing regulation by government to strengthen the vaccination process.
North America is followed by Europe.
Some of the key players in the market are Sanofi, Glaxo SmithKline PLC, Merck & CO., INC., Novartis AG, Aduro
biotech, ImmunoCellular Therapeutics Ltd, Antigen Express, INC, Agenus Inc, Galena Biopharma Inc., Dynavax
Technologies Corp., and Inovio Pharmaceuticals. The companies are focused on initiating the DNA-supported
vaccines to stop and cure cancer and infectious diseases. The market is less fragmented and there is the lack of
standardization which is expected to pose the challenge for the players over the forecast period. As the number
of contagious diseases is increasing, the key companies playing in this area try their best to incorporate latest