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Global Market for DNA Vaccines to Reach $2.7 Billion in 2019; Clinical Vaccines Segment Surging at 81.2% CAGR
Date:8/5/2014

WELLESLEY, Massachusetts, August 5, 2014 /PRNewswire/ --

BCC Research (http://www.bccresearch.com) reveals in its new report, DNA VACCINES: TECHNOLOGIESAND GLOBAL MARKETS, the global market for DNA vaccines is expected to grow to $2.7 billion by 2019, with a five-year compound annual growth rate (CAGR) of 54.8%. The clinical vaccines category, the largest and fastest-growing segment of this market, is surging at 81.2% CAGR.

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Once a stable though unexciting sector of the pharmaceutical industry, vaccines are fast becoming an attractive growth opportunity. DNA vaccines, which target a wide range of traditional pharmaceutical markets such as cancers, allergies, and infectious diseases, are an emerging vaccine platform within this changing paradigm.

With biotechnologies and nanotechnologies driving tremendous growth in DNA vaccine development, the clinical vaccines segment, which was valued at just $78 million in 2013, is expected to grow to $2.4 billion in 2019. Key to this growth is emerging delivery technologies that are demonstrating the higher efficacy in humans required for commercialization of DNA vaccines.

Consequently, research tools and animal health play a vital role in the development of the large, human vaccine applications. This segment is expected to reach $308 million by 2019, registering a significant CAGR of 11.1%.

"The diversity and number of clinical trials points toward initial introduction of products with significant market potential late in the forecast period," says BCC Research biotechnology analyst Jon Evans. "These products, together with newly introduced therapeutic vaccines alrea
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SOURCE BCC Research LLC
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