Global Therapeutic Vaccines Market
According to the report " Global Therapeutic Vaccines Market ", published by Market Data
Forecast, the global market is projected to reach USD 4820.26 million by 2020, at a CAGR of
33.6% from 2015 to 2020.
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Globally, the vaccine market has a share of only five percent of the pharmaceuticals market.
Nevertheless, it has been showcasing a substantial growth due to the rising incidences of
cancer & HIV cases. It came a long way in the recent years from USD 5 billion in 2000 to almost
USD 25 billion in 2013. World Health Organizations figures peg it at 60 Billion by 2020
accompanied with the arrival of new therapeutic, preventive and adult vaccines. The
therapeutic vaccines segment despite being minority shows tremendous growth rate to more
than quadruple in the period. It shows how the vaccine market compared to the
pharmaceutical market, is relatively small but growing at a fast rate. Despite that it has very
diverse features which increase the intricacy of evaluating and understanding the pricing and
procurement in their context.
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Huge investment costs and strict governing policies, high cost associated with treatment are
few factors inhibiting the growth of the global therapeutic vaccines market. Nevertheless,
rising incidences of infectious diseases, technological advancements that significantly
decrease the new vaccine development time, increase in government funding and initiatives
by NGO’s are some of the factors that are driving the vaccines market growth.
Global for cardiovascular diagnostic and monitoring devices is analysed on the basis of
disease type and region
1.By Disease Type
Autoimmune Disease Vaccines
Cancer Vaccines (Multikine, PR1 Peptide, TroVax and CYT004-MelQbG10)
Neurological Disease Vaccines (ACC- 001, CAD 106, Parkinson's and Alzheimer's)
Infectious Disease Vaccines (Hepatitis C, HIV/AIDS, and Others)
2.By Geography
North America
Europe
Asia-Pacific
Latin America
Middle-East & Africa
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