Global Therapeutic Vaccines Market Size By Type of Disease Targeted, By Mode of Action, By Delivery Mechanism, By Geographic Scope And Forecast

Report ID: 35680|No. of Pages: 202

product image

Global Therapeutic Vaccines Market Size By Type of Disease Targeted, By Mode of Action, By Delivery Mechanism, By Geographic Scope And Forecast

Report ID: 35680|Published Date: May 2024|No. of Pages: 202|Base Year for Estimate: 2023|Format:   Report available in PDF formatReport available in Excel Format

Therapeutic Vaccines Market Size And Forecast

Therapeutic Vaccines Market size was valued at USD 47.33 Billion in 2023 and is projected to reach USD 178.26 Billion by 2031, growing at a CAGR of 18.03% during the forecast period 2024-2031.

Therapeutic Vaccines Market is estimated to grow at a CAGR of 18.03% & reach US$ 178.26 Bn by the end of 2030

Global Therapeutic Vaccines Market Drivers

The market drivers for the Therapeutic Vaccines Market can be influenced by various factors. These may include:

  • Increasing Prevalence of Chronic Diseases: With the prevalence of chronic illnesses including cancer, HIV/AIDS, and autoimmune disorders rising worldwide, therapeutic vaccinations aThe need for Therapeutic Vaccines Market is driven by Increasing Prevalence of Chronic Diseases, Developments in Immunotherapy, Government Initiatives and Funding and Technological Innovations
    re becoming more and more important as a possible therapy option.
  • Developments in Immunotherapy: In recent years, there have been notable breakthroughs in the field of immunotherapy, which includes therapeutic vaccinations. The market for therapeutic vaccines is growing as a result of the creation of new vaccine platforms and enhanced knowledge of immune responses.
  • Government Initiatives and Funding: Around the world, governments and regulatory agencies are spending more money on the development of therapeutic vaccines. Market expansion is facilitated by financial assistance, government approvals, and incentives for vaccine development.
  • Technological Innovations: The creation of more effective and focused therapeutic vaccines has been made possible by developments in adjuvant technology, vaccine design approaches, and vaccine delivery systems. By improving the safety and clinical efficacy of therapeutic vaccines, these developments propel the market’s growth.
  • Increasing Interest in Personalised Medicine: Therapeutic vaccinations present the possibility of individualised treatment plans that are based on the unique immunological and genetic profiles of each patient. The use of therapeutic vaccinations in precision medicine methods is driven by the trend towards personalised medicine.
  • Growing Pharmaceutical Companies’ R&D Expenditures: Due to their potential to fill unmet medical needs and diversify product lines, pharmaceutical companies are making significant investments in the research and development of therapeutic vaccines. In the biopharmaceutical sector, strategic alliances, partnerships, and acquisitions propel market expansion even further.
  • Growing Patient Education and Awareness: The market is driven by patients’ and healthcare professionals’ increasing knowledge of the advantages of therapeutic vaccinations in the treatment of chronic illnesses. Advocacy and patient education programmes can make therapeutic vaccinations more widely accepted and used.
  • Global Health Threats and Pandemics: Emerging infectious illnesses and global health risks, like the COVID-19 pandemic, underscore the significance of vaccine research and vaccination campaigns. Investments in the development of therapeutic vaccines are motivated by the need to combat infectious diseases as soon as possible.

Global Therapeutic Vaccines Market Restraints

Several factors can act as restraints or challenges for the Therapeutic Vaccines Market. These may include:

  • Regulatory Difficulties: The approval of therapeutic vaccines must comply with strict regulations, which might cause delays in the launch of new treatments.
  • substantial creation expenses: Due to the complexity of vaccine creation and the requirement for clinical trials, research and development expenses for therapeutic vaccines are frequently substantial. This can restrict the number of companies who are prepared to invest in this field.
  • Limited Efficacy: The acceptance and market potential of some therapeutic vaccines may be constrained by their possible limited efficacy in specific patient populations or diseases.
  • Manufacturing Complexities: The production of therapeutic vaccines frequently involves intricate procedures, which might pose problems with cost-effectiveness, scalability, and consistency.
  • Patient Acceptance and Compliance: It can be difficult to get patients to accept and comply with therapeutic vaccinations, especially if they need to receive the shots frequently or have serious side effects.
  • Competition from Other Therapies: Traditional medications and other biologics, which may provide other methods to illness care, could pose a threat to therapeutic vaccinations.
  • Limited Knowledge and Education: The development of the therapeutic vaccine business may be hampered by patients’ and healthcare professionals’ ignorance of therapeutic vaccinations and their possible advantages.
  • Healthcare Infrastructure Difficulties: The distribution and administration of therapeutic vaccines may face difficulties in certain areas due to a lack of resources and infrastructure for healthcare.
  • Insurance Coverage and Reimbursement Issues: Patients’ access to and use of therapeutic vaccinations may be hampered by inadequate insurance coverage and reimbursement, especially in areas with predominately private healthcare systems.

Global Therapeutic Vaccines Market Segmentation Analysis

The Global Therapeutic Vaccines Market is Segmented on the basis of Type of Disease Targeted, Mode of Action, Delivery Mechanism, and Geography.

Therapeutic Vaccines Market Segmentation Analysis

Therapeutic Vaccines Market, By Type of Disease Targeted

  • Infectious Diseases: These vaccines target infectious diseases caused by viruses, bacteria, or other pathogens.
  • Cancer: Therapeutic vaccines for cancer aim to stimulate the immune system to recognize and destroy cancer cells.
  • Autoimmune Diseases: Vaccines designed to modulate the immune response in autoimmune conditions like rheumatoid arthritis or multiple sclerosis.

Therapeutic Vaccines Market, By Mode of Action

  • Immune Modulators: These vaccines work by modulating the immune system, either by activating or suppressing certain immune responses.
  • Antigen-Specific Vaccines: Targeting specific antigens associated with a disease, these vaccines train the immune system to recognize and attack the pathogen or diseased cells.
  • Cell-Based Vaccines: Utilizing cells, such as dendritic cells, to present antigens to the immune system and trigger an immune response.

Therapeutic Vaccines Market, By Delivery Mechanism

  • Traditional Vaccines: Administered via injection, similar to traditional vaccines for prevention.
  • Nanoparticle-Based Vaccines: Utilizing nanoparticles as carriers for vaccine antigens, enhancing delivery and immune response.
  • Gene-Based Vaccines: Employing genetic material, such as DNA or RNA, to encode antigens and stimulate an immune response.

Therapeutic Vaccines Market, By Geography

  • North America: Market conditions and demand in the United States, Canada, and Mexico.
  • Europe: Analysis of the Therapeutic Vaccines Market in European countries.
  • Asia-Pacific: Focusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and Africa: Examining market dynamics in the Middle East and African regions.
  • Latin America: Covering market trends and developments in countries across Latin America.

Key Players

The major players in the Therapeutic Vaccines Market are:

  • Merck & Co.
  • GlaxoSmithKline
  • Pfizer
  • Moderna
  • BioNTech
  • Inovio Pharmaceuticals
  • Bavarian Nordic
  • Argos Therapeutics
  • Antigenics
  • Affiris
  • Celldex Therapeutics
  • Biovest International
  • Cel-Sci
  • Celtic Pharma
  • Cytos Biotechnology
  • Curevac

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2020-2031

BASE YEAR

2023

FORECAST PERIOD

2024-2030

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Merck & Co., GlaxoSmithKline, Pfizer, Moderna, BioNTech, Bavarian Nordic, Argos Therapeutics, Antigenics, Affiris, Biovest International.

SEGMENTS COVERED

By Type of Disease Targeted, By Mode of Action, By Delivery Mechanism, and By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Verified Market Research

Research Methodology of VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post sales analyst support

Customization of the Report

In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Therapeutic Vaccines Market was valued at USD 47.33 Billion in 2023 and is projected to reach USD 178.26 Billion by 2031, growing at a CAGR of 18.03% during the forecast period 2024-2031.

The need for Therapeutic Vaccines Market is driven by Increasing Prevalence of Chronic Diseases, Developments in Immunotherapy, Government Initiatives and Funding and Technological Innovations.

The major players are Merck & Co., GlaxoSmithKline, Pfizer, Moderna, BioNTech, Bavarian Nordic, Argos Therapeutics, Antigenics, Affiris, Biovest International.

The Global Therapeutic Vaccines Market is Segmented on the basis of Type of Disease Targeted, Mode of Action, Delivery Mechanism, and Geography.

The sample report for the Therapeutic Vaccines Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1.Introduction
•Market Definition
•Market Segmentation
•Research Methodology

2. Executive Summary
•Key Findings
•Market Overview
•Market Highlights

3. Market Overview
•Market Size and Growth Potential
•Market Trends
•Market Drivers
•Market Restraints
•Market Opportunities
•Porter’s Five Forces Analysis

4. Therapeutic Vaccines Market, By Type of Disease Targeted
• Infectious Diseases
• Cancer
• Autoimmune Diseases

5. Therapeutic Vaccines Market, By Mode of Action
• Immune Modulators
• Antigen-Specific Vaccines
• Cell-Based Vaccines

6. Therapeutic Vaccines Market, By Delivery Mechanism
• Traditional Vaccines
• Nanoparticle-Based Vaccines
• Gene-Based Vaccines

7. Regional Analysis
•North America
•United States
•Canada
•Mexico
•Europe
•United Kingdom
•Germany
•France
•Italy
•Asia-Pacific
•China
•Japan
•India
•Australia
•Latin America
•Brazil
•Argentina
•Chile
•Middle East and Africa
•South Africa
•Saudi Arabia
•UAE

8. Market Dynamics
•Market Drivers
•Market Restraints
•Market Opportunities
•Impact of COVID-19 on the Market

9. Competitive Landscape
•Key Players
•Market Share Analysis

10. Company Profiles
• Merck & Co.
• GlaxoSmithKline
• Pfizer
• Moderna
• BioNTech
• Inovio Pharmaceuticals

11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix
• List of Abbreviations
• Sources and References

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Therapeutic Vaccines Market

report-detail

Download Sample Report

View More Reports