Uploaded on Jul 21, 2021
Biodefense is referred to the measures taken to restore biosecurity of a group of organism that are, or may be, subject to biological threats or infectious diseases. It is an effective public health care system with strong disease surveillance and rapid actions designed to counter biological threats, to limit the spread of disease and provide surge medical care. The growth of the market is attributed to the some key driving factors such as presence of favorable government initiatives increase in the number of naturally occurring outbreaks, increasing threat of biological weapons and nuclear armed ICBM. However, low R&D funding by government in developing and underdeveloped economies are expected to restraint the growth of the biodefense market during the forecast years.
Biodefense PPT
Biodefense Market
Biodefense Market to
2027 - Global Analysis
and Forecasts by
Product (Anthrax, Small
Pox, Botulism,
Radiation/Nuclear, and
Others) and Geography
Hemophilia Treatment Market
Current and future Market Scenario
According to The Insight Partners market research study of ‘Biodefense Market to 2027 – Global Analysis
and Forecasts by Product.’ The global Biodefense market is expected to reach US$ 8,350.74 Mn in 2027
from US$ 4,108.24 Mn in 2019. The market is estimated to grow with a CAGR of 9.4% from 2020-2027.
The report provides trends prevailing in the global biodefense market and the factors driving market along
with those that act as hindrances.
The global biodefense market on the basis of product is segmented into anthrax, small pox, botulism,
nuclear/radiation and others. In 2019, the anthrax segment accounted for the largest market share in the
global biodefense market.
The segment is expected to continue its dominance over the forecast period owing to increasing funding by
the governments of other countries to develop and stockpile adequate vaccines against anthrax mainly
through a variety of initiatives, such as BioShield Act, Biomedical Advanced Research and Development
Authority (BARDA), and the Joint Program Executive Office for Chemical & Biological Defense. For instance,
the US Department of Health and Human Services announced it would purchase an anthrax treatment for
$25. Million from Elusys Therapeutics Inc., as a part of an emergency preparedness plan, in 2018.
Key Findings
The growth of the market is attributed to the some key driving factors such as presence of favorable
government initiatives increase in the number of naturally occurring outbreaks, increasing threat of
biological weapons and nuclear armed ICBM. However, low R&D funding by government in developing and
underdeveloped economies are expected to restraint the growth of the market during the forecast years.
Market Insights
Presence of favorable government initiatives
Every year, the government is spending heavily on the R&D of vaccines to stay prepared for any bioterrorism
attacks. For instance, in 2018, the US government released the National Biodefense Strategy and
Implementation Plan, the National Security Strategy, the National Defense Strategy, and the National
Counterterrorism Strategy, and the National Counter WMD Strategy, all of which include biosecurity and
biodefense. In addition, the US government is also preparing for Global Health Security Strategy and
supporting the development of a 2024 framework of the Global Health Security Agenda, which involves
prevention, detection, and response to natural, accidental, and intentional biological threats.
Hemophilia Treatment Market
Market Segments
Global Biodefense Market – By Product
Anthrax
Small Pox
Botulism
Radiation/Nuclear
Others
Hemophilia Treatment Market
Dominating Segments
The biodefense market, by product, is segmented into anthrax, small pox, botulism, radiation/nuclear and
others. In 2019, the anthrax segment accounted for the largest market share in the global biodefense
market. The segment is expected to continue its dominance over the forecast period owing to increasing
funding by the governments of other countries to develop and stockpile adequate vaccines against anthrax
mainly through a variety of initiatives, such as BioShield Act, Biomedical Advanced Research and
Development Authority (BARDA), and the Joint Program Executive Office for Chemical & Biological Defense.
Strategic Insights
Product launches, and approvals strategy is commonly adopted by companies to expand their footprint
worldwide and meet the growing demand. This strategy is most commonly adopted by the market players in
order to expand its product portfolio.
The market players operating in the biodefense market adopt the strategy of expansion to enlarge customer
base across the world, which also permits the players to maintain their brand name globally. For instance, in
January 2017, Emergent BioSolutions Inc. has received the German Federal Ministry of Health Approval to
market BioThrax (Anthrax Vaccine Adsorbed) manufactured in Building 55 in Germany.
Dominating Segments
Download PDF Brochure https://www.theinsightpartners.com/sample/TIPRE00005377/
Dominating Segments
Biodefense Market – By Geography
North America
US
Canada
Mexico
Europe
France
Germany
Italy
UK
Spain
Rest of Europe
Dominating Segments
Asia Pacific
China
India
South Korea
Japan
Australia
Rest of Asia Pacific
Dominating Segments
Middle East & Africa
South Africa
Saudi Arabia
UAE
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
Hemophilia Treatment Market
Leading Players
Company Profiles
Bavarian Nordic
Alnylam Pharmaceuticals, Inc.
SIGA Technologies
Emergent BioSolutions Inc.
Cleveland Bio Labs
Dynavax Technologies
Elusys Therapeutics, Inc.
Soligenix
Altimmune
Pluristem Therapeutics
REGIONAL FRAMEWORK
REGIONAL FRAMEWORK
Hemophilia Treatment Market
Hemophilia Treatment Market
Access Full Research Report at:
https://www.theinsightpartners.com/reports/biodefence-market
Thank You!
Thank You!
Comments