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Global Vaccine: when will it be ready?

A vaccine is a biological product that provides active acquired immunity to a disease. Vaccine manufacturing is a complex process, wherein effect, safety, and consistency are the most important part for the manufacturers. It is estimated to grow at a substantial CAGR in the forecast period as the scope, product types, and its applications are increasing across the globe. 

About 35 companies and academic institutions are racing to create such a vaccine, at least four of which already have candidates they have been testing in animals.

The factors that propel the growth are increasing government and nongovernment funding for vaccine development, increasing occurrence of diseases, and growing investments by businesses. On the other hand, there are factors that may hamper the growth of the market including high cost of vaccine development.

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It may be explored by technology, type, disease indications, route of administration, end users, applications, and geography. Itt may be explored by technology as Live Attenuated Vaccines, Recombinant Vaccines, Conjugate Vaccines, Inactivated and Subunit Vaccines, and Toxoid Vaccines. Rising investments by the government of emerging nations and increasing occurrence of infectious diseases.

Explored based on disease indications as Hepatitis, Influenza, DTP, Pneumococcal Disease, Human Papilloma Virus (HPV), MMR (measles, mumps, and rubella), Rotavirus, Meningococcal Disease, Dengue, Varicella, Polio, and Other Disease Indications. The “Pneumococcal Disease” segment led the Vaccine Market in 2017 and is anticipated to maintain its dominance by 2022 owing to growing government funds in pneumococcal vaccination programs and high occurrence of pneumococcal disease.

Also is could be explored based on type as Multivalent Vaccines, and Monovalent Vaccines. Vaccine Market could be classified on the basis of route of administration as Oral Administration, Intramuscular and Subcutaneous Administration, and Other Routes of Administration. Vaccine Market could be explored based on end users as Adults, and Pediatrics.

It is categorized based on geography into North America, Latin America, Japan, Middle East and Africa, Western Europe, Asia Pacific, and Eastern Europe. North America accounted for the major share.

The key players contributing to the robust growth of the Vaccine Market comprise GlaxoSmithKline Plc., Bavarian Nordic, Astellas Pharma, Inc., Serum Institute of India, CSL Limited, Emergent BioSolutions, Inc., Daiichi Sankyo Company, Limited, Medimmune, Llc (A Subsidiary of AstraZeneca), Johnson & Johnson, Mitsubishi Tanabe Pharma Corporation, Merck & Co., Inc., Pfizer, Inc., Panacea Biotech, Sanofi Pasteur Sa, and Protein Sciences Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

The report package World Vaccine Markets to 2022 offers the most up-to-date industry data on the actual market situation, and future outlook for vaccines in the world. Along with a global vaccines market report, the package includes country reports from the following countries:

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Armenia, Australia, Austria, Bangladesh, Belgium, Bolivia, Bosnia Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Colombia, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kenya, Latvia, Lebanon, Lithuania, Macedonia, Malawi, Malaysia, Mexico, Moldova, Morocco, Nepal, New Zealand, Nigeria, Norway, Oman, Pakistan, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Serbia, Singapore, Slovakia, Slovenia, South Korea, Spain, Sri Lanka, Sweden, Switzerland, Tanzania, Thailand, Trinidad and Tobago, Turkey, Ukraine, United Kingdom, United States, Uruguay, Vietnam


Digital Pathology Market-Latest Insights on Trends and Challenges 2019

JUNE 27, 2019: The global digital pathology market size is expected to reach USD 1.67 billion by 2026, according to a new report by Radiant Insights, Inc. It is anticipated to expand at a CAGR of 11.7% during the forecast period. Increasing prevalence of chronic diseases triggers the demand for advanced diagnostics, which is expected to drive the market growth. Growing economic stability and awareness pertaining to the benefits with the use of computer-aided diagnostics is further contributing to the growth.

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Technological advancements such as digital imaging, computerization, robotic light microscopy, and multiple fiberoptic communications are some of the key factors driving the adoption of digital pathology. In addition, introduction of cloud-based technology enabling storage of digital slides coupled with secure access to pathologists is expected to serve as a potential growth driver for the market.

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Digital pathology has important role in companion diagnostics and drug development pipeline, including molecular biology, biobanking, molecular tissue profiling, and tissue microarray analysis. Increasing demand for high-quality tissue samples in tissue-based biomarker research is expected to propel adoption of the technology over the forecast period.

The market is expected to witness intense competition in near future owing to rising adoption of rigorous strategies by the market players to sustain competition. For instance; whole slide imaging system manufacturers focus on obtaining premarket approval for diagnostic digital systems to capture greater revenue share.

Further key findings from the study suggest:

• Devices held the dominant market share in 2018 owing to increased use in academic research

• Rising implementation of slide management system in stratified medicine and tissue-based biomarker research is one of the key contributing factors for the dominance of this technology

• Software segment is expected to witness lucrative growth in near future as the product assists in faster diagnosis and synchronization of patient data, where healthcare professionals can remotely access this information

• Digital pathology is increasingly used in academic research owing to various benefits such as cost-effectiveness and rapid results

• Disease diagnosis segment is expected to witness lucrative growth over the forecast period owing to the increasing prevalence of cancer and demand for noble diagnosis techniques

• Availability of unified platforms for workflows in pathology is anticipated to boost the usage of computer-aided imaging technology in academic research, which is anticipated to boost the segment growth

• Hospital led the end use segment in 2018 owing to the increasing adoption of these technologies across these facilities

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About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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