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Chicago, IL -- (SBWIRE) -- 10/05/2016 -- According to the report, "Therapeutic Vaccines Market, by Types (Neurological, Infectious Disease, Autoimmune Disorders, Cancer Vaccine) and Geography (North America, Europe, Asia-Pacific, Rest of the World) - Global Opportunity Analysis and Industry Forecast, 2014 – 2022", the market for therapeutic vaccines is expected to grow at an impressive rate during the forecast period, due to a strong rise in demand and rapid technological advancements.
The global therapeutic vaccines market report offers in-depth understanding of the market drivers and restraints. It also provides the details about the key players, segmentation, share, growth trends, and revenue drivers.
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According to the therapeutic vaccines market report, the global market is expected to grow at a healthy Compound Annual Growth Rate (CAGR) during the forecast period. The report suggests that the rising demand and the strong prevalence of various chronic diseases are expected to drive this market on the global scale. The increased government initiatives and rapid technological advancements are also expected to provide strong growth opportunities for the global market. According to the report, the large-scale research and development activities in the field of cancer vaccines are also expected to drive the growth of the market. The major restraining factors for the market include the high investment costs in research and development and the stringent regulation policies across different geographic regions.
The therapeutic vaccines market report segments the global market by types and the major geographic regions. The report segments the types of vaccines into infectious diseases, neurological disorders, cancer vaccines, and autoimmune disorders. The major geographic regions studies in the report include Europe, North America, Asia-Pacific, and Rest of the World. According to the report, the North America region is expected to dominate the global market during the forecast period. The increasing prevalence of various chronic diseases and the rising awareness towards various diseases such as cancer and HIV/AIDS are expected to drive the growth of the market. The Asia-Pacific region is expected to grow at the fastest rate, with a strong rise in demand and improved healthcare infrastructure.
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The therapeutic vaccines market report includes information about the key players from this market. These players include Agenus, Bavarian Nordic, Celtic Pharma, CureVac AG, GlaxoSmithKline PLC, Merck Group, Novartis AG, Pfizer, Inc., Transgene SA., Vaccinogen, Inc., and such others. According to the report, the key players in this market are expected to witness impressive growth opportunities during the forecast period. The rising demand and the prevalence of the chronic diseases are some of the major drivers for the market. According to the report, the improved healthcare infrastructure in the emerging markets is also expected to create impressive growth opportunities for the key market players.
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