Therapeutic Vaccines Market to Grow at a Double Digit CAGR through 2025

Increasing presence of chronic diseases such as HIV, alzheimer, cancer, among others to drive global therapeutic vaccines market

According to TechSci Research report, “Global Therapeutic Vaccines Market By Type (Antigen  Vaccine, Dendritic  Cell Vaccine, DNA Vaccines, Tumor cell vaccine), By Product (Addiction Vaccines, Auto Immune Disease Vaccines, Neurological Disease Vaccines, Cancer Vaccines, Infectious Disease Vaccine, Others), By Technology (Autologous Vaccines, Allogeneic Vaccines), By Delivery Mechanism (Nasal, Electroporation), By End User (Private Hospitals, Government Hospitals, Specialty Clinics), By Region, Forecast & Opportunities, 2025”, the global  therapeutic vaccines market is expected to grow at a double digit CAGR during the forecast period on account of increasing cases of chronic diseases and increasing demand for therapeutic vaccines as they help to boost the immune system. Over the years, they have become quite popular in the market due to the increasing awareness in the population about protection from chronic and harmful diseases. Even though the cost of provision of therapeutic vaccines is high, the government has started investing in this market in order to keep the population disease-free. The distinctness and uniqueness of therapeutic vaccines makes them hard to manufacture for every different disease, thus it can be said that it is a demand-based market, which is quite a factor that can hinder the growth of the market as the absence of demand takes down the supply as well, consequently hampering the market.

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Global therapeutic vaccines market is segmented based on type, product, technology, delivery mechanism, end user, company and region. In terms of product, market is segmented into addiction vaccines, auto immune disease vaccines, neurological disease vaccines, cancer vaccines, infectious disease vaccine and others. Amongst the above-mentioned product types, auto immune disease vaccine segment is expected to dominate the market as autoimmune diseases are amongst the top ten major causes of death among people across the globe. These diseases attack the healthy tissues in a body and can lead to organ disfunction, cancer, tumor, etc.

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The leading players in the global therapeutic vaccine market include Sanofi Pasteur SA de CV, Intellect Neurosciences Inc, Agenus Inc, Celtic Pharma Holdings Advisors LLC, Novartis AG,  Bavarian Nordic A/S, Transgene SA, Argos Therapeutics Inc, Celldex Therapeutics Inc, CureVac GmbH, etc. In order to expand their market share, the companies adopt various strategies like new product launches, collaborations.

“In terms of regional analysis, North America accounted for the largest share in the global therapeutic vaccines market on account of technological advancements, advanced healthcare systems and large auto-immune disease patient base in the region. Moreover, presence of favorable regulations and introduction of Affordable Care Act, is anticipated to positively influence the growth of the market until 2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Therapeutic Vaccines Market By Type (Antigen  Vaccine, Dendritic  Cell Vaccine, DNA Vaccines, Tumor cell vaccine), By Product (Addiction Vaccines, Auto Immune Disease Vaccines, Neurological Disease Vaccines, Cancer Vaccines, Infectious Disease Vaccine, Others), By Technology (Autologous Vaccines, Allogeneic Vaccines), By Delivery Mechanism (Nasal, Electroporation), By End User (Private Hospitals, Government Hospitals, Specialty Clinics), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global therapeutic vaccines market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global therapeutic vaccines market.

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