Global Therapeutic Vaccine Market Size, Share & Forecast To 2020-2026


Posted June 28, 2020 by rishabh3210

Global Therapeutic Vaccine Market Size, Share & Forecast To 2020-2026Global Therapeutic Vaccine Market Size, Share & Forecast To 2020-2026
 
The global therapeutics vaccine market is anticipated to grow with a significant CAGR during the forecast period. Development of various therapeutic vaccines to prevent cancers that are caused by viruses is in its breakthrough level which is anticipated to drive the growth of the therapeutic vaccine industry. There are two categories of cancer prevention therapeutic vaccines. The first category is the human papillomavirus (HPV) vaccine that aids in the prevention of certain types of cancer such as cervical, anal, head, and neck cancers. Hence, the rising prevalence of cancers such as cervical, anal, head, and neck cancers will increase the adoption of HPV vaccine, which in turn, will significantly drive the global therapeutic vaccine market.

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Additionally, the second category includes the hepatitis B vaccine, its mechanism prepares the immune system to recognize the Hepatitis B virus which can lead to Chronic infection and liver cancer. These vaccine gets the immune system to directly attack the cancer cells. According to the American Institute for Cancer Research, liver cancer is the sixth most common cancer across the globe, which will considerably drive the adoption of the hepatitis B vaccine and expand the therapeutic vaccine market size.

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Moreover, every patient’s cancer condition is unique in nature and has its own set of mutations and genetic level alterations. Hence, the clinical trials of personalized cancer therapeutic vaccines are rising recently which in turn, is stimulating the growth of the global therapeutic vaccine market. Some of the major goals of personalized therapeutics cancer vaccines include:

Personalized therapeutics cancer vaccines aid to prevent cancer from coming back in patients that are in the process of getting their treatment for cancer.
Personalized therapeutics cancer vaccines can also aid in looking for the pre-cancerous lesions, as the precancerous lesions mutate easily.
Personalized therapeutics cancer vaccines can also be supportive for patients who don’t have cancer till now, however, they are at high risk of developing cancer due to their family history.

Global Therapeutics Vaccine Market: Segmentation

By Product

Autoimmune Disease Vaccines
Neurological Disease Vaccines
Cancer Vaccines
Infectious Disease Vaccines
Others

By Technology

Allogeneic Vaccine
Autologous Vaccine

Global Therapeutics Vaccine Market: Segment by Region

North America

The US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East Africa

Company Profiles

Affiris AG
Agenus Inc.
AstraZeneca PLC
Bavarian Nordic A/S
BioNTech SE
CuraVac AGEli Lilly and Co.
Epivax Oncology Inc.
Flow Pharma, Inc.
GlaxoSmithKline plc
Heat Biologics, Inc.
ImmusanT, Inc.
Inhibikase Therapeutics, Inc.

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Tags global therapeutic vaccine market size , share forecast to 20202026
Last Updated June 28, 2020