The rising vulnerability of the population to infectious illnesses is likely to boost the DNA vaccines market over the prediction period
Vaccines, which were formerly a reliable but uninteresting part of the pharmaceutical industry, are now viewed as a promising development area. Within this shifting paradigm, DNA vaccines are an emerging vaccination platform. DNA vaccine production is being encouraged for addressing the loopholes of conventional drug applications for diseases such as infections, cancers, and allergies.
The global DNA vaccine market has grown rapidly in recent years, and it is expected to grow with 4 USD billion at a CAGR of 9% during the projected period. The vaccine business has demonstrated its ability to develop drugs with novel uses and blockbuster potential. DNA vaccine development is being pushed forward by new biotechnologies and nanotechnologies.
Emerging delivery methods like electroporation (EP), unique vaccination forms like DNA prime-adenovector boost and novel molecular adjuvant technologies are all important for DNA vaccines to attain their full potential. These technologies are paving the way for DNA vaccines to achieve the greater effectiveness in people that is necessary for commercialization.
There are three authorized DNA vaccines for animal health uses, and around 100 human clinical studies for a variety of disorders are now underway. There are several preclinical investigations in the works. Today, a small but crucial market sector consisting of animal health applications and research tools is commercially available.
The rapid expansion is due to a low starting point and the anticipated launch of multiple DNA vaccines later in the term. While animal health clinical applications and research tools now dominate the market, human clinical DNA vaccines are expected to account for the vast majority of the industry in the future.
Improved stability, the capacity to target particular antigens, and a lower risk of infection compared to traditional vaccinations are expected to drive the market throughout the estimated period. DNA vaccines have an advantage over traditional vaccinations in that they are simple to make.
This method is also expected to be beneficial since it produces an antibody response before infecting host cells. DNA vaccines have ushered in a new approach to multi-antigen vaccine development.
Adroit Market Research's report spans the years 2018 to 2028 and includes a wide range of market developments. This research report also offers important details on growth drivers, bottlenecks, and opportunities. The market is expected to increase in the historical years 2018 to 2020, with 2020 being the base year, as well as in the forecast years 2021 to 2028.
This analysis aids report users in assessing the DNA Vaccine service market based on a variety of factors including economies of scale, brand loyalty, switching costs, existing distribution channels, manufacturing rights & patents, capital investments, government regulations, the impact of advertisements, and consumer preferences.
This simplified data is expected to help important decision-makers make better decisions. This study also answers the crucial question of whether or not new entrants should enter the DNA Vaccine service industry. The key players of the global DNA Vaccine market are Indian Immunologicals Limited, Valneva SE Novartis AG, Aldevron, AnGes, Inc., GlaxoSmithKline plc, GREEN CROSS CORP, Serum Institute of India Pvt. Ltd., Bharat Biotech, Zoetis, Pfizer Inc., Sanofi, Inovio Pharmaceuticals, Inc., Immunomic Therapeutics, General Electric, VGXI, Inc., and Ichor Medical Systems.
In terms of the type segment, the DNA vaccine market is fragmented into two types such as animal DNA vaccines as well as human DNA vaccines. Among these, the animal DNA vaccines segment is estimated to have the leading market share. The increased incidence of canine melanoma and other animal ailments, as well as the market's paucity of animal DNA vaccines, can be attributed to the factors.
In terms of the application, the veterinary diseases segment is likely to grow at the maximum rate throughout the estimated period. The availability of DNA vaccines for animal illnesses, such as West Nile Innovator, canine melanoma vaccine, Life tide-SW5, and Apex-IHZ, is one of the key factors driving the market's expansion.
In terms of regions, due to an increase in the number of diseases such as cancer, HIV, and hepatitis, as well as an increase in the number of antibiotic-resistant pathogens, rapid advances in immunology and molecular biology, and increased government investment in DNA vaccines, North America dominates the market for DNA vaccines.
Key Segments of the Global DNA Vaccine Market
Type Overview, 2018-2028 (USD Billion)
- Human DNA vaccines
- Animal DNA vaccines
Technology Overview, 2018-2028 (USD Billion)
- Therapeutic technology
- pDNA vaccines technology
- Preventive technology
- Uncomplexed pDNA
- pDNA delivery technology
- Gold particles
- Bacterial ghosts
Application Overview, 2018-2028 (USD Billion)
- Infectious disease
- Veterinary Diseases
- Canine melanoma
- Equine West Nile Viru
Regional Overview, 2018-2028 (USD Billion)
• Rest of Europe
• Rest of Asia Pacific
• Rest of South America
The Middle East and Africa