The global recombinant vaccines market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Recombinant vaccines are genetically engineered vaccines. They are produced in the laboratory while eradicating the danger of infectious viral antigen which assures vaccine effectiveness and safety. Additionally, these vaccines are developed by the appliance of recombinant deoxyribonucleic acid technology and by using an expression system such as yeast, bacteria, mammalian cells, among others to precise the antigenic protein component. The major factor driving the demand for recombinant vaccines is the increasing prevalence of infectious diseases across the globe.
For instance, in December 2019, Merck & Co., Inc. announced the approval of Ervebo from the US Food and Drug Administration (FDA). It is intended for the prevention of Ebola virus disease (EVD) that is caused by Zaire ebolavirus in individuals 18 years of age and older. Additionally, in January 2022, Pfizer Inc. announced a new research, development and commercialization collaboration with BioNTech SE. The collaboration was aimed to develop a potential first mRNA-based vaccine for the prevention of shingles (herpes zoster virus, or HZV).
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Some major players in the market include GlaxoSmithKline plc, Sanofi S.A., and Novartis International AG, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in February 2021, Sanofi announced the initiation of a new Phase 2 study with 720 volunteers aged 18 and over with GSK. The study was aimed to select the most appropriate antigen dosage for Phase 3 evaluation of their adjuvanted recombinant protein COVID-19 vaccine candidate.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Type
- By Indication
- By Route of Administration
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– GlaxoSmithKline plc, Sanofi S.A., and Novartis International AG, among others.
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Global Recombinant Vaccines Market Report by Segment
By Type
- Live-attenuated Vaccines
- Subunit Vaccines
By Indication
- HPV
- Cancer
- Hepatitis B
- Herpes Zoster
- Others
By Route of Administration
- Oral
- Parenteral
Global Recombinant Vaccines Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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