Vaccine Adjuvants Market : Global Analysis, Opportunities And Forecast
Summary
- Global vaccine adjuvants market.
- Global Vaccine Adjuvants Market Segmentation.
- What Drives the Market?
The global vaccine adjuvants market is expected to reach USD 769.4 Million by 2021 from USD 467.0 Million in 2016, at a CAGR of 10.5%. The global market is broadly classified into product type, route of administration, disease type, applications, and application categories.
The global market is broadly classified into product type, route of administration, disease type, applications, and application categories.On the basis of product type, the market is segmented into pathogen components, adjuvant emulsions, particulate adjuvants, combination adjuvants, and other adjuvants.
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Global Vaccine Adjuvants Market Segmentation:
The global market is broadly classified into product type, route of administration, disease type, applications, and application categories.
+ On the basis of product type, the vaccine adjuvants market is segmented into pathogen components, adjuvant emulsions, particulate adjuvants, combination adjuvants, and others. The particulate adjuvants segment is expected to account for the largest share of the global market in 2016.
+ On the basis of route of administration, the market is segmented into oral, subcutaneous, intranasal, intramuscular, intradermal, and others. The intramuscular segment is expected to account for the largest share of the global vaccine adjuvants market in 2016.
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What Drives the Market?
1. Increasing Use of Adjuvants in Vaccine2. High Prevalence of Infectious and Zoonotic Diseases3. Increase in Livestock and Instances of Diseases4. Increasing Focus on Immunization Programs From Various Government Bodies5. Technological Advancements in Aluminum Hydroxide-Based Adjuvants6. Increasing Focus and Support on the Discovery and Development of Vaccine Adjuvants7. Increasing Geriatric Population
Geographical Growth Analysis:
Geographically, the vaccine adjuvants market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). However, Asia is projected to grow at the highest CAGR during the forecast period. Growth in the North American segment is primarily driven by the increasing geriatric population and rising incidences of diseases in the North American countries.
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