HIV Vaccines Market Scenario:
A vaccine is a biological preparation, containing a weakened or killed microbial agent, its toxins, or surface proteins, which provides active acquired immunity against the disease. A HIV vaccine would either protect healthy individuals from contracting HIV, or have a therapeutic effect after contracting HIV. Currently, there exists no effective HIV vaccine although a number of agents are in the pipeline.
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HIV Vaccines Market Dynamics:
The Highly Inelastic Demand Generated By the Life Saving Impact of the Vaccine Is the Prime Driver of the Market
Large enthusiasm has been generated of the possibility of HIV vaccine owing to success of antiretroviral treatments. Clinical observation, with monoclonal antibodies (MAb) has proven that ability of the human body to defend against HIV. Medical records prove that certain individuals remain asymptomatic for decades after HIV infection. The large demand inelasticity owing to the critical life saving benefits is another significant driver of the market. The high effectiveness of highly active antiretroviral therapy (HAART) is another pathway being explored for vaccine development.
Growing Clinical Trials, Large Funding, And Strong Development Pipeline Is Expected To Be the Largest Market Opportunity.
HIV Vaccines Market – Dominant Players:
Some of the significant vendors operating in the market are Argos Therapeutics, Inc, Genvec, Inc, Sanofi, Janssen Global Services, Llc, Geovax, GlaxoSmithKline Plc, Genecure Llc, Paxvax Corporation, Inovio Pharmaceuticals, Inc, Bionor Pharma Asa, and others.
The HIV vaccine developmental pipeline is robust with several vaccine candidates being in varying phases of clinical trials. The HIV Vaccine Trials Network (HVTN) funded by the National Institute of Allergy and Infectious Diseases (NIAID) and the pharmaceutical company Merck & Co. is a model to copy. Increasing funds from philanthropy organizations such as Bill and Melinda Gates Foundation, growing awareness of vaccination, and the growing funding and research has resulted in fall of developmental risks. The development of DNA recombinant technology is another trend.
Clinical Challenges and High Risk of Infection from the Vaccine Itself Represents the Strongest Restraint
The repeated failures of many developmental vaccine candidates owing to the high mutations of HIV, the high risk of contracting HIV through vaccination are the prime restraints on the market.
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HIV Vaccines Market – Segments:
To generate an accurate understanding of the potentialities and pitfalls of the HIV vaccine market, the report is segmented by type, antibiotics, and regions.
Based on the type, the market is segmented into acute paronychia, chronic paronychia, candidal paronychia and pyogenic paronychia.
Based on antibiotics, the market is segmented into mupirocin ointment, fusidic acid ointment, gentamicin ointment, dicloxacillin, and others.
Based on regions, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa.
HIV Vaccines Market – Regional Analysis:
North America is projected to be the largest market for HIV vaccine market owing to its substantial income and excellent reimbursement.
Europe is projected to be the second largest market owing to the presence of advanced research ecology and global players. However, Asia-Pacific and the Middle East and Africa represent the most massive market opportunity due to large HIV infected population. The Asia Pacific and the Middle East and Africa are expected to be led respectively by China and Gulf economies of Saudi Arabia, UAE, Kuwait, and Qatar.
Major TOC of HIV Vaccines Market:
1 REPORT PROLOGUE
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
5 MARKET FACTOR ANALYSIS
6 GLOBAL HIV VACCINE MARKET, BY CLINICAL TRIALS
7 GLOBAL HIV VACCINE MARKET, BY REGION
8 COMPETITIVE LANDSCAPE
9 COMPANY PROFILE
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