Deoxyribonucleic Acid (DNA) Vaccines Market would rise to USD 800 million by 2030

An increase in the rapid development of immunology and molecular biology is the essential factor accelerating the market growth. Furthermore, the development of novel vaccines using DNA technology and increased growth potential in developing economies create an opportunity for manufacturers to tap and invest in the market. Furthermore, it has been noticed that veterinary hospitals held the largest market share in 2020 and are anticipated to remain dominant throughout the forecast period.

Data Bridge Market Research analyses that the deoxyribonucleic acid (DNA) vaccines market, which was USD 465.60 million in 2022, would rise to USD 800 million by 2030 and is expected to undergo a CAGR of 7% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Read More: https://www.databridgemarketresearch.com/reports/global-dna-vaccines-market

Market Definition

DNA vaccine is a technology that usually uses foreign DNA to encode the protein and boost the body's immune system. It is a very important way to get protection against numerous infectious diseases. pDNA vaccine technology and pDNA delivery technology are common techniques used in DNA vaccines. Also, these DNA are widely available for both human and veterinary use.

Opportunities

Growing Elderly Population
The growing geriatric population is anticipated to expand the market during 2023-2030. According to the World Health Organization (WHO), the global elderly population, anticipated to be more than 524 million in 2010, is expected to increase to around 2 billion by 2050. Geriatrics are more susceptible to pathogenic diseases because of their compromised immune systems, which increases the market growth rate. Thus, this factor boosts market growth.

Growing Adoption of DNA Vaccines Over Traditional Methods
In the case of several infectious diseases, DNA vaccines offer many potential advantages over traditional approaches, including stimulating both B- and T-cell responses, it improved vaccine stability, and also simplified the procedure by large-scale manufacture. As a result, DNA vaccines are anticipated to enhance the market in the upcoming years. Therefore, this factor serves as a major factor that increases market growth.

Some of the major players operating in the deoxyribonucleic acid (DNA) vaccines market are:

F. Hoffmann-La Roche Ltd. (Switzerland)
Mylan N.V. (U.S.)
Teva Pharmaceutical Industries Ltd. (Israel)
Sanofi (France)
Pfizer Inc. (U.S.)
GSK plc (U.K.)
Novartis AG (Switzerland)
Serum Institute of India Pvt. Ltd (India),
Fotona (U.S.)
G.C. Biopharma (South Korea)
Sanofi (France), Zoetis (U.S.).
INOVIO Pharmaceuticals (U.S.).
General Electric (U.S.)

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