The
global Vaccine Contract Manufacturing Market size is
expected to reach USD 4.0 billion by 2025, according to a new report by Grand
View Research, Inc., expanding at a 9.3% CAGR during the forecast period. The
market is anticipated to witness significant growth over the coming years
thanks to rising demand for vaccine development from the private sector as well
as governments in industrialized and developing countries
Vaccine
contract services offer cost-saving benefits to their clients. They also help
save time in operations and management of a production and research facility.
These advantages associated with Contract Manufacturing Organizations (CMOs)
are expected to benefit emerging players, start-ups, and small players who lack
adequate facilities and resources required for vaccine development.
Increase
in pricing pressure, regulatory challenges, and patent expiration in recent
times are expected to adversely impact the market. Contract services are
considered “strategic competitive weapons” among vaccine manufacturers as they help
overcome the aforementioned issues.
A
number of international healthcare organizations are engaged in estimating and
predicting the quantity of goods as well as financial need required for
conducting immunization programs. Some of the factors considered for this
estimation are quantity of vaccines, estimated time of delivery, product type,
and vial size. Participation of international healthcare organizations in
vaccination programs is expected to positively influence the growth of contract
manufacturers.
To request a sample copy or view summary of this report,
click the link below:
https://www.grandviewresearch.com/industry-analysis/vaccine-contract-manufacturing-market
https://www.grandviewresearch.com/industry-analysis/vaccine-contract-manufacturing-market
Further key findings from the report suggest:
- Contract
services for development of attenuated vaccines accounted for the major
share in the market based on vaccine type. This can be attributed to the
fact that these vaccines offer immunity for a lifetime with only one or
two doses
- DNA vaccines
form the fastest-growing segment by type, with several kinds already being
tested on humans
- Based on
workflow, downstream processing dominated the market mainly due to the
necessity of mature and reliable biotechnology tools for product recovery.
Various research initiatives in the space are also contributing in
advancing downstream workflows
- By
application, contract services for the development of human-use vaccines
held the largest share owing to their high adoption to develop vaccines
against influenza and other illnesses
- Lonza; IDT
Biologika GmbH; FUJIFILM Diosynth Biotechnologies U.S.A., Inc.; and Merck
KGaA are some of the major players offering services for vaccine
development.
Grand
View Research has segmented the global vaccine contract manufacturing market on
the basis of vaccine type, workflow, application, and region:
Vaccine Contract Manufacturing Vaccine Type Outlook
(Revenue, USD Million, 2014 - 2025)
- Attenuated
Vaccine
- Inactivated
Vaccine
- Subunit
Vaccines
- Toxoid
Vaccines
- DNA Vaccines
Vaccine Contract Manufacturing Workflow Outlook (Revenue,
USD Million, 2014 - 2025)
- Downstream
- Fill & Finish Operations
- Analytical & QC studies
- Packaging
- Upstream
- Mammalian Expression Systems
- Bacterial Expression Systems
- Yeast Expression Systems
- Baculovirus/Insect Expression Systems
- Others
Vaccine Contract Manufacturing Application Outlook
(Revenue, USD Million, 2014 - 2025)
- Human Use
- Veterinary
Vaccine Contract Manufacturing Regional Outlook (Revenue,
USD Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- France
- Asia Pacific
- India
- China
- Latin
America
- Brazil
- Middle East
& Africa
- South Africa
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
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