Press release
Biodefense Market Witnesses Robust Expansion Amid Rising Global Security Priorities
Biodefense Market
The biodefense market size in 2021 stood at US$ 12.37 billion and is projected to reach US$ 21.62 billion by 2031. The market is expected to register a CAGR of 6.1% in 2023-2031. Big data and artificial intelligence techniques offer huge possibilities for performing technical assessments of the risk and possibility of different biothreats and an unparalleled opportunity for mapping disease outbreaks.
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Market Drivers
Rising concerns over bioterrorism and naturally occurring outbreaks push nations to enhance preparedness. Favorable government initiatives, including national strategies and funding for vaccines and detection tools, fuel steady expansion. Advances in genetic engineering heighten the need for robust countermeasures, prompting collaborative efforts across public and private sectors.
Key Trends
Predictive analytics powered by big data and artificial intelligence reshape threat assessment and outbreak mapping. Adoption of synthetic biology, genomics, and nanotechnology improves pathogen detection and response capabilities. Recent partnerships, such as those advancing vaccines for specific threats, highlight ongoing innovation in therapeutics and biosurveillance.
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Market leaders and key company profiles-
• Bavarian Nordic
• Alnylam Pharmaceuticals, Inc.
• SIGA Technologies
• Emergent BioSolutions Inc.
• Cleveland Bio Labs
• Dynavax Technologies
• Elusys Therapeutics, Inc.
• Soligenix
• Altimmune
• Pluristem
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Opportunity Factors
Growing focus on research and development opens doors for next-generation vaccines and rapid diagnostics. Regions like Asia Pacific show strong potential due to expanding investments and vulnerability to infectious diseases. Integration of AI-driven tools and international collaborations create avenues for comprehensive biodefense strategies.
Related Reports-
1. Biodetectors Market: https://www.theinsightpartners.com/reports/biodetectors-market
2. Biologics Market: https://www.theinsightpartners.com/reports/biologics-market
3. Biopharmaceuticals Market: https://www.theinsightpartners.com/reports/biopharmaceuticals-market
4. Molecular Diagnostic for Infectious Diseases Market: https://www.theinsightpartners.com/reports/molecular-diagnostic-for-infectious-diseases-market
5. Biotechnology Market: https://www.theinsightpartners.com/reports/biotechnology-market
Contact Us
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
Phone: +1-646-491-9876
About The Insight Partners
The Insight Partners is a leading provider of actionable market research and consulting. The Market report delivers comprehensive market sizing, trends, competitive analysis, and strategic insights to help stakeholders make informed decisions in a rapidly evolving environment.
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