Recombinant vaccines are produced by using recombinant-DNA technology or genetic engineering. These vaccines function on the principle of inducing the immune response for the diseases and to have the preventive measures for some of the hazardous diseases. Recombinant vaccines has significantly managed to perform as an appropriate method for treatment of various lethal diseases in animals and humans These vaccines are superior to conventional vaccines and are highly effective in treatment of diseases such as tuberculosis, malaria and HIV.
Advantages of recombinant vaccines over conventional vaccine methods are expected to drive growth of the recombinant vaccines market
According to World Health Organization (WHO), around 18 million fatalities were caused due to inaccessibility of treatment for their illness. It has the advantages over the conventional vaccines as it does not lead to post vaccination reaction they are safe to use and there is no need of adjuvant in such vaccines as used in conventional vaccines due to the risk of cancer through incorporation of adjuvants. Furthermore, there are various reasons that are expected to favor the growth in recombinant vaccines market such as increase in incidence of zoonotic diseases, opportunities in the disease related to poultry facilities. The emerging technologies in recombinant vaccines which will help to treat the diseases such as HIV and influenza favor the growth in the recombinant vaccine market.
However, there are some challenges that are being faced by recombinant vaccines market such as making recombinant vaccine which need to be cost effective and should have appropriate shelf life.
The global recombinant vaccine market is segmented on the basis of type, disease type and region
On the basis of type,
On the basis of end user,
On the basis of disease type the recombinant vaccine market is segmented into
Continuous investments in research and developments for the recombinant vaccine field in North America region by industries
The regional segmentation of recombinant vaccines market by Coherent Market Insights comprises North America, Asia Pacific, Africa, Europe, Latin America, and Middle East.. Europe is dominating in the regional segment of recombinant animal vaccines segments, as the highly organized livestock and the huge demand for livestock product for the European population. The increasing zoonotic diseases, continuous research and developments investments for the development of new and effective vaccines in the North America region is helping the recombinant vaccine market to grow in this region. As there is increasing number of people adopting the pets and there increasing awareness and responsibility for animals is helping to fasten the growth of the animal recombinant vaccine market in the Asia Pacific region.
Advancements in the vaccines technology is beneficial for recombinant vaccines market
Key players operating the global recombinant vaccine market include Novartis AG, GlaxoSmithKline PLC, Green Cross Corporation, Protein Science Corporation, Sanofi Aventis, Merck, Pfizer, Bayer and Virba. The factors such as ease of applications, less post vaccination symptoms, ability to prevent the fatal illness, the rapid development in the field of sub-atomic science, immunology and DNA technology, use of novel Biotechnology tools for development of new strategy in vaccinology field is allowing the new players to invest in the market.
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