Industry Background:
Human DNA vaccines are third generation vaccines meant to produce immune response against disease. The increasing risk of infectious diseases and rising number of antibiotics resistant demands cost effective vaccination solutions. The benefits of human DNA over conventional one are low risk of infection and stability at room temperature.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Inovio Pharmaceuticals [United States], GeneOne Life Science [South Korea], MedImmune [United States], Immunomic Therapeutics [United States], Astellas Pharma [Japan], Pharos Biologicals [United States], Sanofi [France], Hoffmann-La Roche [Switzerland], CureVac [Germany] and Boehringer Ingelheim [Germany] |
According to AMA, the market for Human DNA Vaccines is expected to register a CAGR of 30.0% during the forecast period to 2030. This growth is primarily driven by Growing Prevalence of Infectious Disease and High Effectiveness of Human DNA Vaccines Compare to Conventional Medicines.
Globally, a noticeable market trend is evident Rising Demand for Low Cost and Effective Medicines
The Pharmaceuticals sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Inovio Pharmaceuticals [United States], GeneOne Life Science [South Korea], MedImmune [United States], Immunomic Therapeutics [United States], Astellas Pharma [Japan], Pharos Biologicals [United States], Sanofi [France], Hoffmann-La Roche [Switzerland], CureVac [Germany] and Boehringer Ingelheim [Germany], etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market
Key Developments in the Market:
In January 2024, GSK and Elegen have teamed up to develop DNA-based medicines and vaccines, leveraging Elegen’s cell-free synthetic DNA production technology.
In February 2022, Alvea launched scalable, shelf-stable DNA vaccine development against new SARS-CoV-2 variants, with their breakthrough DNA vaccine, Alveavax, entering pre-clinical testing.
Influencing Trend:
Rising Demand for Low Cost and Effective Medicines and Customized Medicine Application and DNA Identification as a Therapy
Market Growth Drivers:
Growing Prevalence of Infectious Disease and High Effectiveness of Human DNA Vaccines Compare to Conventional Medicines
Challenges:
Chances of Contamination and Counterfeit Products and Problem of Products Recall
Restraints:
High Cost of Vaccine Developments
Opportunities:
Growing Focus and Investment in R&D of Vaccine and High Growth Prospect Emerging Economies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Human DNA Vaccines Market
- Analysis about New Entrants in Human DNA Vaccines Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Human DNA Vaccines Study Sheds Light on
The Human DNA Vaccines Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Human DNA Vaccines industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Human DNA Vaccines industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.