Coronavirus Vaccine Market will likely see Expanding of Marketable Business Segment | Prominent Players - Moderna, Novavax, Inc, Medicago

The global demand for the global coronavirus vaccine market in terms of revenue was worth of USD 0.37 Billion in 2020 and is expected to reach USD 75.75 Billion in 2021. The global coronavirus vaccine market is expected to grow at a significant growth rate due to a number of driving factors.
The rapid increase of coronavirus all around the world is the driving factor for the global coronavirus vaccine market

Scope of Global Coronavirus Vaccine Market Reports
The family of viruses that cause respiratory-related diseases in mammals and birds. Coronavirus cause respiratory tract infections in humans that can only cause the common cold and others that cause a severe respiratory problem and ultimately death such as SARS, MERS, and recent COVID-19. Some of the identified coronaviruses are SARS-CoV, HCoV NL63, HKU1, MERS-CoV and recent SARS-CoV-2.

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The recent 2019-nCoV which was originated in Wuhan region of China is highly contagious in nature and affects the lungs severely where patients find it hard to breath. From December 2019 to till date of march 26, 2020 there have been 472,529 confirmed cases and at least 21,305 deaths worldwide. This strain has been identified as a new strain of Betacoronavirus from group 2B with about 70% genetic similarity with SARS-CoV. It is declared as pandemic worldwide by WHO recently.
Coronavirus Vaccine Manufacturers:

Some major key players for Global Coronavirus Vaccine Market are,

• I-Mab Biopharma
• Medicago
• Airway Therapeutics
• Tiziana Life Sciences
• Inovio Pharmaceuticals
• Novavax, Inc
• Moderna
• Others

Due to its highly contagious nature, about 35 companies and academic institutions are working hard to create a vaccine, at least four of which are having some sort of result they have been testing in animals. The vaccine produced by Boston-based biotech firm Moderna is entering human trial shortly. This unparalleled speed is due to early Chinese efforts to sequence the Sars-CoV-2’s genetic materials that caused Covid-19.

In case of severe acute respiratory syndrome (Sars) in China in 2002-04, and Middle East respiratory syndrome (Mers), which started in Saudi Arabia in 2012, work started on vaccine and later put on the side as the outbreaks were contained. Maryland-based Novavax, have now restated those vaccines for Sars-CoV-2.

Global Coronavirus Vaccine market report is segmented on the basis of infection type, vaccine type, end user and by regional & country level.

Based on infection type, global Coronavirus Vaccine market is classified as HCoV-229E, HCoV-OC43, SARS-CoV, New Haven CoV, HKU1-CoV and MERS-CoV.
Based on vaccine type the market is divided in to Inactivated coronavirus vaccine, Live attenuated coronavirus vaccine, S-Protein based coronavirus vaccine. Based on end user the market is divided in to hospitals, clinics, research institutes and others.

The regions covered in this Coronavirus Vaccine market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of clinical decision support system is subdivided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Global Coronavirus Vaccine Market Dynamics –

The 2020 outbreak of coronavirus worldwide along with the death of thousands of people is endangering many lives from more than 100 countries which has forced research bodies and pharmaceutical companies in to activity to develop vaccine for this disease.

Demand for drugs such as
hydroxychloroquine/Plaquenil, Favilavir, and other related products such as sanitizers and masks are rising exponentially across countries which are expected to drive the market of coronavirus vaccine in the future as there will be innovative vaccine for this disease which will be required by countries of all around the world creating a steady market chain.

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Key Benefits for Global Coronavirus Vaccine Market Reports–

Global Coronavirus Vaccine Market report covers in depth historical and forecast analysis.
Global Coronavirus Vaccine Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Coronavirus Vaccine Market report helps to identify opportunities in market place.

Global Coronavirus Vaccine Market report covers extensive analysis of emerging trends and competitive landscape.

Global Coronavirus Vaccine Market Segmentation –

By Infection Type: HCoV-229E, HCoV-OC43, SARS-CoV, New Haven CoV, HKU1-CoV, MERS-CoV

By Vaccine Type: Inactivated coronavirus vaccine, Live attenuated coronavirus vaccine, S-Protein based coronavirus vaccine

By End-user:, Hospitals, Clinics, Research Institutes, Others

Global Coronavirus Vaccine Markets: Regional Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2021 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
• South America (Brazil etc.)
• Middle East and Africa (Egypt and GCC Countries)

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