Vaccine adjuvants Market Overview

Vaccine adjuvant is formulated as a component of vaccine which enhances the effectiveness of vaccine and its ability to protect against infections. Adjuvant aids in activating the immune system which in turn provides the body with long-term protective immunity against various types of infections and diseases. Market Research Future (MRFR) has recently published a report asserting that the global vaccine adjuvants market is marked to expand at a noteworthy CAGR of 10.1% during the forecast period of 2017-2023.

Market Drivers and Restraints:

Rise in prevalence of various diseases that directly attack the immune system of human beings has led to the increased demand for vaccines all over the world., which in turn is propelling the growth of the global vaccine adjuvants market. The ability of adjuvants to enhance the effectiveness of vaccines and increased research and development for introducing high-quality vaccines are some other factors that are fueling the expansion of the global vaccine adjuvants market. However, low penetration of advanced healthcare solutions, low research and development expenditure in underdeveloped regions and lack of awareness in these regions are likely to restrain the growth of the global vaccine adjuvants market during the assessment period.

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Major Players in Vaccine adjuvants Market

Some of the key players in the global market are VaxLiant LLC.(U.S),Vaxine Pty Ltd (Australia), Aphios Corporation (U.S), Viscogel AB (Sweden), Adjuvatis (France), Sergeant Adjuvants (U.S), Sigma-Aldrich Co. LLC.(India), CureVac AG (Germany), Brenntag Biosector (Denmark), CSL Limited (Australia), SEPPIC (Fracne), Agenus, Inc. (U.S), Novavax, Inc.(U.S), SPI Pharma, Inc.(U.S), Invivogen (U.S), Avanti Polar Lipids, Inc. (U.S), MPV Technologies (U.S), and OZ Biosciences (France).

Regional Analysis

The global vaccine adjuvants market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas dominates the global market due to major initiatives taken by the government for vaccination against many diseases as well as excellent management of public awareness programs. Europe is the second largest market owing to increased emphasis and availability of funds for research and development. The government is campaigning about vaccination and various preventive measures against infectious and non-infectious diseases. Recently, governments in developing countries of Asia Pacific have undertaken various vaccinations programs to the educate people. India is expected to be an emerging and the fastest growing market due to increasing focus on immunization programs by various government and NGOs. The market shows steady growth in the Middle East & Africa due to lower demand for vaccine adjuvants as compared to other regions across the globe.

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Segmentation

The global vaccine adjuvants market has been are segmented on the basis of types, routes of administration, and end users. Based on types, the vaccine adjuvants market has been segmented into pathogen components, particulate adjuvants, and others. The particulate adjuvants segment is dominating the global vaccine adjuvants market owing to the presence of large variety of products and its greater efficiency in the treatment of diseases. Based on routes of administration, the vaccine adjuvants market has been segmented into oral, intramuscular, subcutaneous, and intradermal. The intramuscular segment commanded for the major share in the global vaccine adjuvants market as this route of administration of vaccines provide better immune specificity. Based on end users, the vaccine adjuvants market has been segmented into pediatric, adult.