The Global Vaccine Adjuvant Market was worth $472 million in 2016 and estimated to be growing at a CAGR of 10.8%, to reach $788.21 million by 2021. The global vaccine adjuvants market comprises of veterinary and human adjuvants which are used to increase the efficiency of vaccines. Vaccine adjuvants are accredited with assisting to boost the immune response in the host post-vaccination. Immunologists and infectious disease specialists are in covenant over the advantageous uses of adjuvants in vaccines today, particularly as a means to decrease the number of doses, surge the probability of a continuous immunological response and decrease the overall prevalence of disease.
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The immune response to vaccine antigens have been improved with the use of adjuvants since decades. They recover the body's immune reaction and frequently allow for lesser amounts of a deactivated virus or bacteria to be used in a vaccine.
However, more than one adjuvant may be present in the final vaccine product.
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The major factors driving the growth of this market are more incidence of communicable and zoonotic diseases, growing focus on vaccination programs by numerous government bodies, and rising focus on enhanced and long-term immunization beside current and emerging diseases.
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Additionally, growing R&D expenditure as well as attainments, associations, and agreements by companies is another major factor driving the growth of this market. Side effects of adjuvants and high toxicity adjuvants are few restraints for the market.
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The global vaccine adjuvants market is segmented on the basis of type into Aluminium Salts, Tensoactive Adjuvants, Adjuvant emulsions, Bacteria derived Adjuvants, Liposome Adjuvants and Carbohydrate Adjuvants. Based on route of administration, the market is divided into oral, intradermal, subcutaneous, intranasal and intramuscular.
The market is bifurcated on the basis of mechanism of action into active immuno stimulants, carriers and vehicle adjuvants. The intramuscular segment is expected to account for the largest share of the global vaccine adjuvants market in 2016.
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Based on geography the market is analysed under various regions namely, North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa. The vaccine adjuvants market is led by North America, followed by Europe.
Growth in the North American segment is mainly driven by the fast increasing elderly population and rising government funding in the North American countries.
The key players in the vaccine adjuvants market include MPV Technologies (U.S.), Avanti Polar Lipids, Novavax Inc. (U.S.), Inc. (U.S.), Brenntag Biosector (Denmark), SEPPIC (France), Agenus, Inc. (U.S.), Invivogen (U.S.), SPI Pharma, Inc. (U.S.), CSL Limited (Australia), and OZ Biosciences (France).
- By Type
- By Route of Administration
- By Mechanism of Action
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Some of the major Medical Documents Management Market leaders are McKesson Corporation (U.S.), Toshiba Medical systems Corporation (Japan), Cerner Corporation (U.S.), Kofax Ltd. (U.S.), EPIC Systems The key players in the vaccine adjuvants market include MPV Technologies (U.S.), Avanti Polar Lipids, Novavax Inc. (U.S.), Inc. (U.S.), Brenntag Biosector (Denmark), SEPPIC (France), Agenus, Inc. (U.S.), Invivogen (U.S.), SPI Pharma, Inc. (U.S.), CSL Limited (Australia), and OZ Biosciences (France).
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