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Friday, 29 March 2024
Friday, 07 Aug 2020 06:25 pm

North America Biodefense market is expected to reach US$ North America 315.0 Bn by 2027 with CAGR of 6.9%.

Disease outbreaks are usually caused by an infection, transmitted through person-to-person contact, animal-to-person contact, or from the environment or other media. Emerging infectious diseases are infections that have recently appeared within a population and are rapidly increasing or threaten to grow shortly. The

By SMN Bureau
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Disease outbreaks are usually caused by an infection, transmitted through person-to-person contact, animal-to-person contact, or from the environment or other media. Emerging infectious diseases are infections that have recently appeared within a population and are rapidly increasing or threaten to grow shortly. The World Health Organization warned in its 2007 report that infectious diseases are emerging at a rate that has not been seen before. Since the 1970s, about 40 infectious diseases have been discovered, including SARS, MERS, Ebola, avian flu, swine flu, zika, and most recently, coronavirus.

The release of pathogenic agents such as anthrax or smallpox, biological toxins, chemical weapons such as nerve gas, or radioactive substances caused public threats in the past. In order to prevent such outbreaks, the government has planned various strategies, For instance, the NIH?supported research on infectious diseases and biodefense builds and maintains a base of fundamental knowledge about contagious and immune?related diseases and uses that knowledge to develop new and improved diagnostics, therapeutics, and preventive measures, including vaccines.

The growing prevalence of infectious diseases, such as coronavirus Ebola and zika virus, is likely to boost the investments in the field of biodefense, thereby driving the market growth.

 

 

 

In 2019, the US accounted for the largest market share in North America biodefense market, and it is also expected to grow at a faster pace over the forecast period. US is an economically advanced country, and the country has the presence of various players that are well established in the biotechnology market. Significant funding by the U.S. military and civilian agencies for biodefense is also one of the key factors responsible for the highest revenue share of the region. Hence, considering the mentioned factors, the biodefense market is expected to grow at a significant pace in the US during the forecast period.

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Spain is expected to lead the market in the Europe region owing to growing number of partnerships and collaborations among private players, rising investments and funding dedicated to the biotechnology companies as well as academic and research institutes for gene synthesis based end products. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the Europe region during the forecast period.

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NORTH AMERICA CLEAR ALIGNERS – MARKET SEGMENTATION

By Product

Anthrax

Small pox

Botulism

Radiation/Nuclear

Others

By Geography

North America

US

Canada

Mexico

Company Profiles

Bavarian Nordic

Alnylam Pharmaceuticals, Inc.

SIGA Technologies

Emergent BioSolutions Inc.

Cleveland Bio Labs

Dynavax Technologies

Elusys Therapeutics, Inc.

Soligenix

Altimmune

Pluristem Therapeutics.

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