Press release
Vaccine Adjuvants Market 2018-2023 | Competition to Heat Up With Innovative Technologies Going Mainstream with Growth at a CAGR of 10.1%
Adjuvant is a substance that enhance the immune responses against antigens. More than one adjuvant may be present in the final vaccine products. Aluminum salts, such as aluminum hydroxide, aluminum phosphate, and aluminum potassium sulfate are widely used as an adjuvant in the vaccines production. Increasing demand for adjuvants to enhance and extend immune response, and need for development of safe and non-toxic adjuvants will boost the growth of the market.Moreover, increasing use of synthetic vaccines and recombinant vaccines are also expected to drive the global vaccine adjuvants market over the forecast period. Moreover, increasing demand for improved and long-lasting vaccination against existing and emerging diseases and increasing vaccination programs by the government and research and development activities favor the growth of this market in this region.
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Moreover, increasing investments by companies in research and development, increasing focus on immunization programs, and increasing demand for vaccines are fueling to the market growth. Additionally, increasing prevalence of the diseases in children and rising number of awareness programs to promote vaccination are expected to drive the growth of this market over the forecast period. However, high toxicity of adjuvants, and cost of developing a new vaccine adjuvants may hamper the growth of the market.
On the other hand, high toxicity of adjuvants, and high developing cost for a new vaccine adjuvants may hamper the growth of the market. The global vaccine adjuvants market is expected to grow at a CAGR of 10.1% during the forecast period 2017-2023.
Vaccine Adjuvants Market - Major Players
Some of the key players in the global market are VaxLiant LLC.(U.S),Vaxine Pty Ltd (Australia), Aphios Corporation (U.S), Viscogel AB (Sweden), Adjuvatis (France), Sergeant Adjuvants (U.S), Sigma-Aldrich Co. LLC.(India), CureVac AG (Germany), Brenntag Biosector (Denmark), CSL Limited (Australia), SEPPIC (Fracne), Agenus, Inc. (U.S), Novavax, Inc.(U.S), SPI Pharma, Inc.(U.S), Invivogen (U.S), Avanti Polar Lipids, Inc. (U.S), MPV Technologies (U.S), and OZ Biosciences (France).
Vaccine Adjuvants Market - Intended Audience
Research and Development (R&D) Companies
Government and Independent Research Laboratories
Government and Independent Regulatory Authorities
Academic Medical Institutes and Universities
Biopharmaceutical and biotechnology Companies
Vaccine adjuvants manufacturers and Suppliers
Vaccine Adjuvants Market - Regional Analysis
The global market is segmented into the Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas accounts for the largest market share due to extensive use of the vaccine to prevent communicable and non-communicable diseases and favorable conditions for research and development.
Europe is the second largest market of vaccine adjuvants followed by Asia Pacific owing to availability of funds for research and development activities, and growing initiatives taken by the government and NGEOs for diseases preventive measures. Asia Pacific is the fastest growing region in the global market due to increasing prevalence of communicable diseases. Particularly, India and China are expected to be an emerging and the fastest growing market due to improvement in healthcare domain and increasing prevalence of diseases.
The Middle East & Africa holds the least share in the vaccines adjuvants market due to lack of awareness, less emphasis on research and development activities, and poor medical facilities.
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Vaccine Adjuvants Market - Segmentation
The global vaccine adjuvants are segmented by types, routes of administration, and end users. On the basis of types, it is segmented into pathogen components, particulate adjuvants, and others. On the basis of routes of administration, it is segmented into oral, intramuscular, subcutaneous, and intradermal. On the basis of end users, it is segmented into pediatric, adult.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Continued….
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