DNA Vaccines Market to Surge at a Robust Pace by 2019
Global DNA Vaccines Market: Overview
The global DNA vaccines market is expected to obtain a boost in growth due to demand for effective and low cost vaccines. The market could benefit from increasing infectious diseases, vulnerability of the population, and increase in the number of resistant pathogens. These vaccines have long lasting results and are proven effective over the traditional methods. These factors are likely to boost the market in the coming years.
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The global DNA vaccines market is segmented based on end user, application, technology, and type. Based on type, market is further segmented into animal DNA vaccines and human DNA vaccines. Based on technology, the DNA vaccine market is further segmented into DNA delivery technology and DNA vaccine technology. On the basis of applications, the market is segmented into human diseases i.e., allergies, infectious disease, oncology, and others; and veterinary diseases such as Equine West Nile Virus, Leishmaniasis, Canine Melanom, and others. Based on end user type, the market is segmented in research application, animal health, and human health.
This report provides an insight of the global DNA vaccine market with large focus on its significant dynamics. It provides information on important and critical trends and opportunities as well as the market restrains. It also covers the vendor landscape and how the growth of market will shape in the foreseeable future.
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Global DNA Vaccine Market: Trends and Opportunities
The need for vaccines that overcome the unsought properties of conventional vaccines will boost the market for DNA vaccine. These vaccines provide low risk of infections, stability at room temperature, and easy transportation. The demand for DNA vaccines is expected to grow rapidly due to its properties of reducing risk of infections as compared to conventional vaccines and improvised stability. The ease of large scale manufacturing compared to low storage requirement and traditional approach are predicted to boost the market. The increase in death due to unavailability of effective treatment for infectious diseases according to World Health Organization has led to demand for DNA vaccines all around the globe.
The rapid development in field of DNA synthesis, immunology, and molecular biology has led to significant rise in the market. Increase in microbial resistance to antibiotics and antimicrobials and inefficient drug therapies have led to the increased demand. These vaccines will provide eradication of diseases such as HIV, hepatitis, cancer, and other. These vaccines are highly recommended for travelers as they are at an exposure to various diseases thus need of increased selective DNA vaccines for different geographical regions are accelerating the demand for DNA vaccines.
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Global DNA Vaccine Market: Geographical Analysis
North America is leading the global DNA vaccine market due to increase in patient population pool, growth of government investments, and rise in geriatric population. The government is also involved in development of efficient healthcare facilities and research & development activities. This region dominates the market amongst all other regions.
The increase in diseases in countries such as U.S. and Canada is also driving the demand of vaccination technology. The morality rate due to infectious and chronic diseases has increased in U.S. and is increasing each year. It has made the government involved in agencies such as national institute of allergy, national institute of health, and others for development of DNA based vaccines. It has promoted the growth of market in the U.S. The rise in awareness regarding the benefits among people is likely to drive the market. The major contribution to the market will be from U.S. and Canada due to predominance of irresistible and incessant sickness in animals as well as humans in this region.
Global DNA Vaccine Market: Companies Mentioned
Some of the prominent companies operating this market are Tekmira Pharmaceuticals, Sanofi, Vical, Astellas Pharma, Dendreon Corporation, Merck & Co., Invio Biomedical, and Novartis Animal Health.