DNA vaccines refer to those vaccines that are made of deoxyribonucleic acid or DNA. This acid is capable of stimulating an extensive range of immune response and encoding antigens in the body with few side effects.
Global DNA Vaccines Market: Overview
DNA vaccines refer to those vaccines that are made of deoxyribonucleic acid or DNA. This acid is capable of stimulating an extensive range of immune response and encoding antigens in the body with few side effects. The concept of DNA based vaccines comprises the delivery to cells and then the gene gets expressed generating the required protein.
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Clinical trials of various DNA vaccines have exhibited promising outcome whilst treating different types of cancers, such as pancreatic cancer, prostate carcinoma, metastatic melanoma, and various solid tumors. Rapid adoption of these vaccines in the healthcare sector is likely to foster expansion of the global DNA vaccines market over the timeframe of projection, from 2020 to 2030. In addition, other factors like augmented awareness amongst healthcare professionals, fewer side effects, advanced technology, and low cost are likely to drive the demand for DNA vaccines in the years to come.
In addition to that, outbreak of global pandemic, Covid-19, will further accelerate the development of vaccines as the world grapples to find a cure from the disease.
Application, type, and region are three important factors in the market that has been considered for the classification of the global DNA vaccines market.
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Global DNA Vaccines Market: Notable Developments
One of the many relevant and futuristic developments pertaining to the global DNA vaccines market is mentioned below.
In February 2019, US-based Merck & Co., Inc., d.b.a. made an acquisition of Immune Design Corporation (IDC). The latter is a developer of effective and safe vaccines. With this acquisition, Merck is expected to gain access to the latter’s various immunotherapy programs.
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Some of the well-known companies in the global DNA vaccines market are listed below:
- QED Biosciences Inc.
- Pfizer Inc.
- Advance Bioscience Laboratories Inc.
- Sanofi S.A.
- Arbutus Biopharma Corporation
- Xenetic Biosciences Inc.
Global DNA Vaccines Market: Key Trends
The global DNA vaccines market is marked with the presence of the following challenges, promising opportunities, and market drivers.
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Multiple Benefits of these Vaccines are Expected to Accelerate its Development
A DNA vaccine refers to a circular, small DNA plasmid that is capable of encoding one or more protein antigens regulated by promoter for the purpose of production of immune response against the disease. These vaccines are usually considered a third generation vaccine designed particularly for overcoming the undesired characteristics of the prevalent vaccines, which is estimated to foster expansion of the global DNA vaccines market over the projection period, from 2020 to 2030.
With the rising number of various antibiotics resistant pathogens and the growing vulnerability of population toward infectious diseases have generated need for low cost and efficacious vaccines that would provide immunity for a long period of time. These vaccines come with the potential to cater to these demand of the population and have more benefits over their conventional counterparts. These vaccines come with many benefits, such as enhanced stability, diminished risk of infection in comparison with the existing ones, and ability to target certain antigen. All these benefits are estimated to support development of the global DNA vaccines market over the projection tenure, from 2020 to 2030.
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Global DNA Vaccines Market: Geographical Analysis
Based on the analysis of geographical segmentation, it is expected that North America is likely to surge ahead of others and is likely to maintain its territorial supremacy throughout the tenure of projection, from 2020 to 2030. Growth of the North America market is ascribed to the various initiatives by the regional government to ensure coverage of immunity for all. In addition to that, augmented awareness pertaining to the advantages of DNA vaccines are likely to work in favor of the regional market in the years to come.
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