The Recombinant Vaccines Market: A Deep-Dive Analysis of Competitive Dynamics and Strategies

Recombinant Vaccines-

Recombinant vaccines are a type of vaccine made by inserting DNA from a pathogen into a carrier virus or bacteria. The carrier organism then produces and presents the pathogen's proteins to the immune system, which triggers an immune response without causing disease.

Recombinant vaccines have several advantages over traditional vaccines. For example, they are usually safer because they do not contain the whole pathogen, and they can be produced more quickly and cost-effectively because they do not require large-scale culturing of the pathogen.

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Recombinant Vaccines Market -

The recombinant vaccines market was valued at $8.1 billion in 2021, and is estimated to reach $24.7 billion by 2031, growing at a CAGR of 11.4% from 2022 to 2031.

The global recombinant vaccines market has been growing steadily over the past few years and is expected to continue to grow in the coming years.
The growth of the recombinant vaccines market can be attributed to several factors, including the increasing prevalence of infectious diseases, rising demand for advanced vaccines, and technological advancements in the field of biotechnology. In addition, the COVID-19 pandemic has also led to a significant increase in demand for vaccines, including recombinant vaccines, which is expected to further drive market growth.

Based on the application, the infectious disease segment held the largest share of the recombinant vaccines market in 2020, owing to the high prevalence of infectious diseases and the increasing adoption of recombinant vaccines for their prevention.

Geographically, North America held the largest share of the market in 2020, due to the presence of key market players, well-established healthcare infrastructure, and a high demand for advanced vaccines.

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CAGR: 11.4%
• Current Market Size: USD 8.1 Billion
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2021- 2030
• Base Year: 2021

Some of the key players operating in the recombinant vaccines market include
AstraZeneca Plc.,
Dynavax Technologies Corporation,
Emergent BioSolutions Inc.,
GlaxoSmithKline Plc.,
Johnson & Johnson, Merck & Co. Inc.,
Novavax, Inc.,
Pfizer Inc.,
Sanofi S.A.,
and Serum Institute of India Pvt. Ltd.

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