Press release
Biodefense Market Anticipated to Reach US$ 28.0 Billion during 2024-2032 | IMARC Group
The latest report by IMARC Group, titled "Biodefense Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," the global biodefense market size reached US$ 16.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 28.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.81% during 2024-2032.Get Sample Copy of Report at - https://www.imarcgroup.com/biodefense-market/requestsample
Global Biodefense Market Trends:
The global market is primarily driven by the heightened risk of biological warfare and terrorism. In alignment with this, increased government funding for biosecurity is acting as a significant catalyst. Moreover, advancements in biotechnology are aiding in the development of innovative countermeasures. In addition to this, the integration of artificial intelligence in bio-surveillance is resulting in rapid detection and response capabilities.
Furthermore, international collaborations in biodefense research are expanding the market's reach. Also, the rising incidence of infectious diseases spurs interest in biodefense solutions. The market is further influenced by the need for mass-scale inoculation capabilities against biohazardous agents. Apart from this, the availability of grants for private-sector research in biodefense fuels market growth.
Additional factors contributing to the market include the drive for continuous improvement in detection devices, increased public awareness regarding biological threats, and an uptick in educational initiatives in the field of biosecurity.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/biodefense-market
Biodefense Market Overview:
Biodefense refers to the measures and strategic implementations designed to counter and protect against the malicious use of biological agents or biohazardous materials. Characterized by its multidisciplinary approach, biodefense involves an amalgamation of medical, physical, and informatics techniques. The working mechanisms include early detection systems, surveillance, data analytics, and the development of vaccines and antidotes. Key properties encompass robustness, quick adaptability, and interoperability. Advantages include enhanced public safety, reduced vulnerability to biological attacks, and strengthened national security.
Key Players in the Biodefense Industry
The competitive landscape of the industry has also been examined along with the profiles of the key players being:
• Achaogen Inc.
• Alnylam Pharmaceuticals Inc.
• Altimune Inc. (PharmAthene Inc.)
• Bavarian Nordic A/S
• Cleveland BioLabs Inc.
• Dynavax Technologies Corporation
• Dynport Vaccine Company LLC (General Dynamics
Corporation)
• Elusys Therapeutics Inc.
• Emergent Biosolutions Inc.,
• Ichor Medical Systems Inc.
• Ology Bioservices Inc.
• SIGA Technologies, Inc.
Market Segmentation:
Breakup by Vaccine Type:
• Anthrax
• Smallpox
• Botulism
• Others
Breakup by Biothreat Detection Device:
• Samplers
• Detectors/Triggering Devices
• Identifiers
• Assays
• Others
Breakup by End-User:
• Hospitals and Clinics
• Ambulatory Care Centers
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Read Also:
• https://industrytoday.co.uk/market-research-industry-today/gcc-luxury-market-anticipated-to-reach-us-257-billion-during-2023-2028-imarc-group
• https://industrytoday.co.uk/market-research-industry-today/gcc-machine-tools-market-anticipated-to-reach-us-28930-million-during-2023-2028-imarc-group
• https://industrytoday.co.uk/market-research-industry-today/gcc-pet-food-market-anticipated-to-reach-us-4146-million-during-2024-2032-imarc-group
Contact Us:
IMARC Group
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Tel No:(D) +91 120 433 0800
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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