Global Vaccine Conjugates Market Overview
Conjugate vaccines are developed through a
covalent bond between a weak antigen and a strong antigen. This boosts the
immune response of the host towards various diseases. Conjugate vaccines are
germ specific and are capable of identifying just the targeted germs and
bacteria, making them usable as a preventive measure to provide additional
protection.
The global Vaccine
Conjugates Market Share is anticipated to register a 15.2% CAGR over
the forecast period of 2022-2030. Various factors attributable to such growth
include a rising occurrence of diseases caused by various microorganisms and
bacteria. Further, a mounting awareness towards the prevention and avoidance of
infectious diseases is driving the global vaccine conjugates market to a great
extent. An increasing number of regulatory approvals to a rising number of
vaccines is expected to ascend the global vaccine conjugates market by 2030.
However, complex manufacturing procedures
and low accessibility of vaccines to rural and remote areas are anticipated to
hinder growth in the global vaccine conjugates market. Moreover, recent
incidents of fraud and malpractice of top vaccine manufacturers are assessed to
refrain the market from augmenting during the forecast period. For instance, in
July 2018, a Chinese vaccine manufacturer was found guilty of fabricating its
manufacturing records and faced legal consequences.
Detailed Regional Analysis
The global vaccine conjugates market insights is segmented into the regions of the Americas, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the Americas are expected to spearhead the global vaccine conjugates market during the forecast period. This market command can be accredited to the rising prevalence of infectious diseases and increasing awareness of vaccination. Further, technological advancements and rising government initiatives towards the encouragement of vaccination programs are contributing to the heavy ascension of the vaccine conjugates market. The Centers for Disease Control (CDC) has mentioned that vaccination has proven as the best medium towards the prevention of diseases and has reduced the impact of various life-threatening diseases.
On the other hand, Europe’s vaccine conjugates market is highly driven by extensive research and development activities in the fields of biotechnology and vaccine conjugates within various countries in the region. The vaccine conjugates market in the region is expected to register faster growth and is anticipated to follow the Americas. Owing to the rising demand for genetically modified organisms, the market in Europe is showcasing huge growth potential during the forecast period.
Asia Pacific is anticipated to grow at a steady rate for vaccine conjugates during the forecast period. This can be owed to a growing prevalence of geriatric population and the prevalence of infectious diseases. Countries such as Singapore, India, China, and Japan are projected to showcase extraordinary growth opportunities for vaccine conjugate providers during the forthcoming years. Medical institutes in Asia Pacific are primarily focusing on the use of vaccine conjugates and numerous research and development activities over for the same.
Key
Players
The report by MRFR on global vaccine
conjugates market players are including
GlaxoSmithKline plc (U.K.),
Pfizer, Inc. (U.S.),
Merck & Co., Inc. (U.S.),
Sanofi Pasteur SA (France),
CSL Limited (Australia),
Emergent BioSolutions, Inc. (U.S.),
Johnson & Johnson (U.S.),
Medimmune, LLC (U.S.),
Astellas Pharma Inc. (Japan),
Serum Institute of India (India),
Bavarian Nordic (Denmark),
Mitsubishi Tanabe Pharma Corporation
(Japan),
Daiichi Sankyo Company,
Limited (Japan),
Fablife. (India),
SutroVax Inc. (U.S), and
Sinovac Biotech Ltd. (China).
Market
Segmentation
The global vaccine
conjugates market outlook is studied by Market Research Future (MRFR) for
various segments. This segmentation is carried out by type, disease indication,
patient stage, pathogen type, end-user, and region.
·
Based on type, the vaccine conjugates market is segmented into multivalent
conjugate vaccines and monovalent conjugate vaccines.
·
On the basis of disease
indication, the vaccine conjugates market is
segmented into influenza, DTP, pneumococcal, and meningococcal.
·
Based on pathogen type, the vaccine conjugates market is segmented into bacterial conjugate
vaccine, viral conjugate vaccine, and combination conjugate vaccine.
·
Based on patient stage, the vaccine conjugates market is segmented into adults conjugate
vaccine and pediatrics conjugate vaccine.
·
Based on end-user, the vaccine conjugates market has been segmented into academic
institutes, research institutes, and pharmaceutical industries.
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