Biodefense Market to grow at a CAGR of 5.41% during 2017-2021: Altimmune, Bavarian Nordic, DynPort Vaccine Company (DVC), and Emergent BioSolutions

MarketResearchNest.com adds “Global Biodefense Market 2017-2021” new report to its research database. The report spread across 88 pages with table and figures in it.

Research analysts forecast the global biodefense market to grow at a CAGR of 5.41% during the period 2017-2021.

About Biodefense
Biodefense is the use of medical measures to protect people against bioterrorism. It mainly applies to two different target populations, namely military combatant (troops in the field) and civilian non-combatant. The protection of food supplies and water are often considered a critical part of biodefense. Owing to the increasing threat of terrorism and bioterrorism, the risk posed by exposure to biological agents that can be used as biological weapons must be evaluated. Biological agents used in warfare may prove to be more potent than conventional weapons. In the last century, the developments made in biochemistry and biotechnology have simplified the production of such weapons. Genetic engineering can be used to create new pathogens by manipulating genes, thereby giving rise to a whole new generation of genetically modified bioweapons. Factors such as ease of production, availability of technical know-how, and the extensive accessibility of biological agents have further led to the threat of biological weapons.

Covered in this report
The report covers the present scenario and the growth prospects of the global biodefense market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of biodefense.

Browse full table of contents and data tables at
https://www.marketresearchnest.com/global-biodefense-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Biodefense market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global biodefense market: Altimmune, Bavarian Nordic, DynPort Vaccine Company (DVC), and Emergent BioSolutions

Other Prominent Vendors in the market are: Acambis, Achaogen, Cleveland BioLabs, and Elusys Therapeutics

Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Government initiatives. Biological agents are easy to obtain as these are naturally present in the environment. The possibility of developing novel weapons through the use of these agents is alarming. Laboratories, across the world, are working on the development of advanced detection systems to identify areas and populations at risk of bioterrorism, provide early warning, and facilitate prompt treatment. Forensic technologies in many countries such as the US are working on identifying biological agents, their environmental origins, and their initial sources. Efforts include sanitization technologies to reinstate facilities without causing any additional concerns.”

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According to the report, one of the major drivers for this market is Growing threat of bioterrorism. Bioterrorism is defined as a form of terrorism that involves the intentional release or distribution of harmful biological agents for mass destruction of life. These biological agents can be viruses, fungi, protozoa, or bacteria. They are ubiquitous in the natural environment, where they are found in soil, water, plants, and animals. However, they can be genetically modified in laboratories to enhance their lethal properties. Bioterrorism agents being relatively inexpensive and easy to obtain when compared with weapons and chemical agents, can be used for mass destruction. Further, since they can be easily disseminated, their use as bioterrorism agents is unconstrained. They adversely affect human health, ranging from mild allergic reactions to serious medical conditions that can be life-threatening.

Further, the report states that one of the major factors hindering the growth of this market is Lack of information about bioengineered organisms attack. Genetically altered organisms are widely used in the scientific study and have facilitated the development of new medical therapies, preventive strategies, and diagnostic tools. However, such organisms can be maliciously used such as their use in bioterrorism. Intentional or accidental transmission to humans can lead to adverse health effects. However, the unique microbial properties of genetically engineered organisms and the clinical symptoms shown by persons infected with them may obstruct the normal diagnostic, and clinical assessments or preventive approaches as the genetically modified strains are never field-tested. Hence, the actual virulence potential of these microbes remains unknown. Concerns about biotechnology being used to develop new pathogens with exclusive properties or to create completely new classes of biological threat agents is a huge challenge for the global biodefense market in the current scenario.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;

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