Report ID: SQMIG35J2111
Report ID:
SQMIG35J2111 |
Region:
Global |
Published Date: May, 2024
Pages:
215
|
Tables:
95 |
Figures:
78
North America is estimated to account for a substantial share of the global therapeutic vaccines market owing to the presence of a developed healthcare ecosystem and high healthcare expenditure. Growing investments in R&D of novel therapeutic vaccines in this region will also aid the dominance of this region in the global market. The United States is projected to spearhead the demand for therapeutic vaccine in North America followed by Canada across the forecast period and beyond. An established clinical trial and regulatory approval system in the United States helps therapeutic vaccine market growth.
Meanwhile, the demand for therapeutic vaccines in the Asia Pacific region is slated to rise at a rapid pace over the coming years. Growing emphasis on preventive healthcare and rising availability of therapeutic vaccine are estimated to augment the demand for therapeutic vaccines in this region going forward. Countries such as India, China, Japan, and Indonesia are estimated to emerge as highly rewarding markets for therapeutic vaccine suppliers in the long run.
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Report ID: SQMIG35J2111