Pune, India, September, 2018 /press release/- Market Research Future Published a Half-Cooked Research Report on HIV Vaccines Market Research Report.
With the scare of AIDS (Acquired Immune Deficiency Syndrome), the global HIV vaccines market is growing. The research is going on all over the world to create a vaccine for HIV. Market Research Future (MRFR) has published a research report that soothsays prosperity for the global HIV vaccines market with 5% CAGR (Compound Annual Growth Rate) between 2016 and 2027. In terms of cash, the market is expected to rise with the US $ 2702.3 bn by the end of the forecast period.
Observing the market structure, this report evaluates the future growth potential of the market and analyzes the strategies of the key players in the market. It also follows the competitive developments such as joint ventures, new product developments, mergers and acquisitions, new product developments (R & D) in the market. According to this report, the key factors driving this market include growing number of new entrants in the market, increasing awareness due to HIV prevention programs, rising prevalence of HIV due to prostitution, and rising R&D funding for HIV vaccine.
The global HIV vaccines market has been segmented on the basis of basis of antibiotics, type, and lastly, region. Antibiotics have been segmented into dicloxacillin, fusidic acid ointment, gentamicin ointment, and mupirocin ointment. By types, the market has been segmented into acute paronychia, candidal paronychia, chronic paronychia, and pyogenic paronychia.
The regional segmentation of the global HIV vaccines market segments the market into various regional markets that are North America, Europe, and the Asia Pacific. North America is the largest regional market for HIV vaccine due to higher adoption of various HIV vaccine trials, higher technological advancement, and higher investment on R & D regarding HIV vaccine. The biggest country based market in this region is the United States of America (USA) where many key players in this market are based in. According to the report, Europe is the second-largest market for HIV vaccine which is expected to grow at a CAGR of 5.1% during the forecast period. Countries with advanced medical facilities in this region, like France, Norway, and the United Kingdom (UK) are suitable markets for HIV vaccine. Many European key players of the market are also based in this region. Due to medical facilities steadily becoming advanced in Asia-Pacific region, the HIV market in this region is expected to grow with a steady pace because the market despite being small, does exist here due to unawareness about sexually transmitted diseases as talking about sex is taboo in most Asian cultures.
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Key Players
The key players in the global HIV vaccines market include Argos Therapeutics Inc (USA), Bionor Pharma Asa (Norway), Genecure LLC (USA), Genvec Inc (USA), Geovax (USA), GlaxoSmithKline PLC (UK), Inovio Pharmaceuticals Inc (USA), Janssen Global Services LLC (USA), Paxvax Corporation (USA), and Sanofi (France).
Latest Industry News
- Inovio Pharmaceuticals Inc. has entered into a partnership with the AIDS Malignancy Consortium (AMC) to evaluate VGX-3100, Inovio's immunotherapy for treating HPV-associated precancerous conditions in HIV-positive adult men and women. 6 Aug 2018
- The International AIDS Vaccine Initiative (IAVI), a nonprofit scientific organization, has entered into a non-exclusive license agreement with the Public Health Agency of Canada (PHAC) toward advancing development, regulatory approval, and supply of a new vaccine candidate against Lassa fever virus, a public health threat in West Africa. 6 Aug
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