Biodefense Market share valued $17bn by 2024
Rising bioterrorism threat and government support against bioterrorism are main aspects that are predicted to promote industry expansion in future. Many government legislations like project bioshield offers nations with counter measures against chemical, radiological, nuclear and biological attack.
Request for a sample of this research report - https://www.gminsights.com/request-sample/detail/714
Project bioshield assures accessibility of next generation medical countermeasures against smallpox and anthrax agents. Main goal of the project is creating funding authority to build next generation counter measures, make innovative research & development programs and create a body like FDA (Food & Drug Administration) that can effectively use treatments in case of emergencies. All these factors are predicted to drive global biodefense industry trends. Furthermore, enhanced alertness displayed by public health organizations by investing in biodefense technology, skilled persons and materials along with heavy government support as well as funding from private & public sectors are predicted to contribute towards global biodefense market growth.
Global biodefense industry is segmented into products like botulism, anthrax, nuclear/radiation and small pox. Anthrax product segment contributed about 31.6% to global biodefense market share for 2015 and is projected to surpass revenue of $4.21 billion by end of forecast timeframe. The reason for segment growth can be credited to the fact that bacillus anthracis is identified as greatest priority in biodefense study and positioned among 9 agents in A class according to CDC (Centers for Disease Control and Prevention) classification.
Further, government projects like BioShield, BARDA (Biomedical Advanced Research and Development Authority) and Joint Program Executive Office-Chemical and Biological Defenses offer large funding and vaccine doses against anthrax. All these factors are predicted to propel segment growth in future.
Radiation segment is predicted to record higher CAGR during forecast timeline. Rapid increase in research & development activities owing to outbreak of Ebola virus and possible use of the virus as bio weapon is projected to promote segment growth.
Browse key industry insights spread across 82 pages with 30 market data tables & 8 figures & charts from the report Biodefense Market in detail along with the table of contents:
Global biodefense market is segmented into geographical locations like APAC, Latin America, Europe, MEA and North America.
North America biodefense industry dominated the global industry by accounting for highest regional revenue share for 2015. It contributed about $8.91 billion in terms of revenue for this year. U.S. biodefense market share led the regional industry for 2015 in terms of revenue. The growth of the industry in U.S. cane be credited to factors like large scale funding for biodefense activities and government support.
Europe biodefense market is anticipated to register maximum CAGR of 11.41% during forecast timeline. UK’s ministry of defense contributed highest regional industry share for 2012 by providing funds worth $75.67 million for defense & civilian research.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/714
Key industry participants profiled in the report include Emergent Biosolutions, SIGA Technologies, Ichor Medical Systems Incorporation, PharmaAthene, Cleveland BioLabs Incorporation, Achaogen, Alnylam Pharmaceuticals, Xoma Corporation, Dynavax Technologies Incorporation, Elusys Therapeutics, DynPort Vaccine Company LLC, Bavarian Nordic and Nanotherapeutics Incorporation.
Browse Related Reports:
Biotechnology Market Size By Technology (Fermentation, Tissue Engineering and Regeneration, PCR Technology, Nanobiotechnology, Chromatograpgy, DNA Sequencing, Cell Based Assay), By Application (Biopharmacy, Bioservices, Bioagriculture, Bioindustrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, China, India, Japan, South Korea, Brazil, Saudi Arabia), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Biodefense Market share valued $17bn by 2024 here
News-ID: 609625 • Views: 511
More Releases from Global Market Insights, Inc.
Whats driving the Xanthan gum Market Growth? Cargill, Deosen Biochemical Ltd, Fu …
Growing demand for cosmetics, particularly in emerging economies, is anticipated to fuel xanthan gum market size in the upcoming years. A considerable uptick in disposable per capita income of consumers along with upgradation in living standards in China, India, Indonesia, and Malaysia has resulted in increased demand for personal care products. The substance is extensively used as a thickening and stabilizing agent in shampoos, lotions, and denture cleaners. Global xanthan
Ultra-low Temperature Freezers Market Prominent Players - Arctiko, Azbil Corpora …
Ultra-low Temperature Freezers Market will exceed USD 315 million by 2025; as per a new research report. Rising incidence of chronic diseases worldwide and surge in number of road accident and trauma cases will accelerate the demand for new drug development. Favorable demographic changes including increasing geriatric population and lifestyle changes such as sedentary lifestyle will further spur the disease burden. Increasing demand for novel treatment options is expected to escalate
Reprocessed Medical Devices Market Key Companies - Ethicon Inc. (Johnson & Johns …
Reprocessed Medical Devices Market will reach USD 3 billion by 2025; as per a new research report. Increasing prevalence of chronic diseases such as cancer and cardiovascular diseases worldwide will escalate the reprocessed medical devices market growth over the forecast timeframe. According to the American Heart Association statistics, in 2017, around 92 million American adults had some type of cardiovascular disease or after effects of stroke. Increasing prevalence of heart associated
Over-the-Counter Drugs Market Eminent Players - Bayer HealthCare, GlaxoSmithKli …
Over-the-Counter (OTC) Drugs Market will reach over USD 185 billion by 2025; as per a new research report. Growing elderly population base, highly prone to suffer from several ailments such as joint pain will drive the demand of OTC drugs. Rising awareness about numerous diseases and accessibility of non-prescription for the same will continue to aid self-medication trend during the projection years. Expanding shift by pharmaceutical companies from Rx to OTC
More Releases for Incorporation
Small Cell Chip (Femtocell and Picocell chips) Market | Cisco Systems Incorporat …
Global Small Cell Chip Market: Snapshot Small cells, by definition are small in size and have low power requirements that make them ideally suited for congested areas with demand for better coverage and higher Internet bandwidth. It refers to a set of operator-controlled low-powered radio access nodes that include the ones operating in licensed spectrum and the ones operating in unlicensed carrier-grade Wi-Fi. They are typically in the range from 10
Laser Cutting Machines Market key players: Amada Miyachi CO, Bystronic Incorpora …
The laser cutting machine is a machine which uses laser beam to cut materials such as acrylic, plastic, wood, fabric, and many other non-metallic materials. The laser cutting machines initially casts laser beam on the surface of work piece, melts it and finally evaporates the particular area of work piece using the energy released by laser. Furthermore, the laser cutting technique is able to improve working efficiency and reduce cost.
Global Healthcare Archiving and eDiscovery Sales Market 2017 Top Players-Actianc …
The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Healthcare Archiving and eDiscovery Sales industry development trends and marketing channels are analyzed. Get Free Request Sample@ https://www.fiormarkets.com/report-detail/147962/request-sample This Global Healthcare Archiving and eDiscovery Sales report represents the mainly focused key purposes, which includes various tasks such as to identify, predict, and explain the
Laser Cutting Machines Market - Top Key Players (Amada Miyachi CO, Bystronic Inc …
A new Transparency Market Research report states that the market for laser cutting machines will expand at a CAGR of 10.3% from 2014 to 2020. In 2013, the market stood at US$2.16 billion and is predicted to reach US$4.37 billion in 2020. The title of the report is “Laser Cutting Machines Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”Laser cutting machines utilize laser beams
Global E-Waste Management Market – CRT Recycling Incorporation, Umnicore, MBA …
Global E-Waste Management Market by Type (Trashed and Recycle), by Source (Household Appliances, IT & Telecommunications, Consumer Electronics and Others): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021 The report covers forecast and analysis for the e-waste management market on a global, regional and country level. According to the report, global demand for e-waste management was valued at USD 17.0 billion in 2015, and
Factor Power Announces Incorporation
Factor Power Inc. are pleased to announce their incorporation on June 21st, 2010 in Woodbridge Ontario, Canada. Paul Frith was publicly announced as the President of the corporation with Matt Penzner assuming the role of Vice-President. Combined they have a great number of years working in batteries and power, and are looking forward to connecting with their peers in the power sector. Factor Power Inc. has over 20