Global Preventive and Therapeutic Vaccine Market size is poised to experience high growth, primarily because of its fast-growing nature and expanding market size. Get more details @ https://goo.gl/bqCzBo

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Fuel Cell Market size worth $25.5bn by 2024
Preventive and Therapeutic Vaccine Market Analysis, Size, Applications
Share, Trends & Forecast, 2017-2024: Global Market Insights Inc.

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 Latin America therapeutic vaccines targeting cancers and allergies offer vast opportunities for
fresh players entering this regional market. First FDA-approved therapeutic vaccine, Provenge
by Dendreon, treating prostate cancer acknowledged the potential of vaccines in therapeutics. In
the coming years, it is expected that the industry will experience improvements in vaccine
delivery methodologies, vaccine design, manufacturing in a large-scale process, and
development of personalized vaccines. Therapeutic vaccines address the demand for safe and
cost-effective drugs for the treatment of cancer and HIV, fueling the market growth.
 Saudi Arabia and South Africa dominates the Middle East & Africa preventive and therapeutic
vaccine market. R&D funding for diseases, such as HIV and cancer, by the government offers a
novel opportunity for the vaccine market. Wide usage of vaccines includes, inactivated, live
attenuated, toxoid, subunit, conjugate, dendritic cell, and synthetic. Preventive vaccine is the
leading type due to high awareness among people.
Regional Analysis of Preventive and Therapeutic Vaccine
Market :

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Application Analysis of Preventive and Therapeutic Vaccine
Market :
 A significant factor proliferating the demand for certain vaccines is high effectiveness; for
example, the experimental shingles vaccine protects about 90% of adults, the present Zostovax
vaccine reduces the risk of shingles by about half and immunity wanes within five years. In
coming years, more vaccines will have better effectiveness and therefore, these vaccines will
experience high adoption rates.
 Based on the technology type, the vaccine market is segmented into live attenuated, toxoid,
conjugate, inactivated & subunit, and recombinant. The conjugate vaccines hold the largest
market share; the growth of this segment is associated with the massive government support for
vaccine development and rising investments in R&D.

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 Some of the major players in the global preventive and therapeutic vaccine market are Sanofi
Pasteur, Merck & Co., Pfizer, and GlaxoSmithKline. The largest players account for
approximately 80% of the global revenue. AstraZeneca, Johnson & Johnson, CSL, and
Emergent Biosolutions are the other notable industry players.
Competitive Market Share of Preventive and Therapeutic
Vaccine Market Market :

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