North America to witness significant growth in the global biodefense market
Market Overview:
Biodefense is preventive measures use to prevent the spread of dangerous pathogens and toxins. This includes interventions such as drugs and vaccinations, and research &public health preparations to combat biological attacks.
Competitive Landscape:
Emergent Biosolutions Inc., SIGA Technologies Inc., Bavarian Nordic A/S, Elusys Therapeutics Inc., Ichor Medical Systems Inc., Amgen Inc., Cleveland BioLabs Inc., Dynavax Technologies Corporation, Alnylam Pharmaceuticals Inc., and XOMA Corporation.
˜”*°•.˜”*°• 𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐒𝐚𝐥𝐞 𝐢𝐬 𝐋𝐢𝐯𝐞 •°*”˜.•°*”˜
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐨 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐫𝐨𝐦 𝟐𝟓-𝟑𝟎% 𝐭𝐢𝐥𝐥 𝟑𝟏-𝐃𝐞𝐜-𝟐𝟎𝟐𝟏
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Key Drivers
Recent outbreak of Covid-19 pandemic is one of the best example of bioterrorism. Biodefense refer to the taking initiatives such as vaccination and drugs. Outbreak of such virus is expected to drive growth of the biodefense market. According to the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 182 million cases and 3.95 million deaths due to coronavirus disease (COVID-19) were reported till July 2, 2021, across the globe.
Growing number of clinical trials for developing vaccines is expected to drive growth of the bioterrorism market. For instance, in November 2020, Pfizer Inc. and BioNTech SE announced that, after conducting the final efficacy analysis in their ongoing Phase 3 study, their mRNA-based COVID-19 vaccine candidate, BNT162b2, met all of the study’s primary efficacy endpoints
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Covid-19 Impact Analysis
The market of biodefense has witnessed strong growth because government has taken various initiatives to combat spread of disease. Moreover, various key players have conducted research &development activities for developing drugs and vaccines.
Key Takeaways:
- The biodefense market is expected to exhibit a CAGR of 4.8 % over the forecast period over the forecast owing to the increasing participation of key players in development of vaccine collaborative centers. For instance, in June 2021, Sanofi S.A., a multinational biopharmaceutical company, announced a US$ 474 million annual investment in a first-of-its-kind vaccines mRNA Center of Excellence, by bringing together 400 dedicated employees. The center aims to accelerate the development and delivery of next-generation vaccines by integrating end-to-end mRNA vaccine capabilities with dedicated R&D, digital, and chemistry, manufacturing, & controls (CMC) teams.
- North America is expected to witness significant growth over the forecast period owing to the increasing number of campaign for biodefense in the region. For instance, in October 2020, American BioDefense Institute (A.B.I.) announced today the launch of its ReOpen America campaign, a bipartisan effort to reopen America’s economy, academia, and other elements of U.S. society. The campaign kicked off in Prescott, Arizona where a number of initiatives are being rolled out.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Porter’s Analysis
- Industry Trends
- Key Highlights
- Epidemiology
- Reimbursement Scenario
- Regulatory Scenario
- Product Launch and Approvals
- Acquisition and Collaboration Scenario
- Market Dynamics
- Global Biodefense Market – Impact of Coronavirus (Covid-19) Pandemic
- COVID-19 Epidemiology
- Impact of COVID-19 on Demand and Supply of Biodefense products
- Impact of COVID-19 on the overall Healthcare Sector
- Global Biodefense Market, By Product, 2017-2028 (US$ Billion)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Anthrax
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Small Pox
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Botulism
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Radiation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Introduction
- Global Biodefense Market, By End User, 2017 – 2028 (US$ Billion)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Ambulatory Care Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Research Organizations
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Military
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Billion)
- Introduction
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