Therapeutic Vaccines:Targets, Technologues and Markets
Report
The total worldwide market for therapeutic vaccines was $8.1 million in 2004. With increased product introductions, this market is expected to top $4 billion in 2010.
The total worldwide market for therapeutic vaccines was $8.1 million in 2004. With increased product introductions, this market is expected to top $4 billion in 2010.
Currently, only products for the treatment of cancer are available.
Addiction treatments are expected after 2005, but cancer treatments will continue to dominate.
The market and growth for these vaccines will mimic that of innovative prescription pharmaceuticals rather than prophylactic vaccines.
It is expected the U.S. will be the primary market. Europe will follow closely behind and Japan, while historically a very small market for prophylactic vaccines, is expected to be a major purchaser.
INTRODUCTION
Therapeutic vaccines are products that treat existing diseases or conditions. The primary technology involved stimulates natural mechanisms of the immune system to overpower the infection or disease. In this sense, they are considered therapies, not preventive agents.
A period of dynamic growth in the therapeutic vaccines market is expected with the rollout of some 20 products before 2010 not only to treat cancer, but also to address cocaine and nicotine addiction. Various approaches are being used to develop vaccines that boost the immune response to cancerous cells. Further back in the pipeline, therapeutic vaccines also are in development to treat acquired immune deficiency syndrome (AIDS), autoimmune diseases, neurological diseases and other conditions.
This BCC study provides a comprehensive analysis of available and emerging therapeutic vaccines. It details a range of information, from product analyses through industry trends, and quantifies and qualifies what is expected to become an explosive market within the next decade. Forecasts of product categories are provided for the worldwide market and revenue algorithms are presented, where reasonable, for the U.S. market. Forecasts of cancer vaccines by the type of cancer targeted also are given. They are gleaned from industry sources, as well as from considered assessments of available and emerging technologies.
SCOPE OF STUDY
The report contains:
An emphasis on companies poised to introduce products during the forecast period
Analysis of how these introductions will play out in terms of the competitive environment
Focus on how new products and technologies are likely to define market leaders in the therapeutic vaccine arena
Forecasts by product segment and indications through 2010, including supporting analyses
Profiles of companies projected to have therapeutic vaccine products on the market during the period.
METHODOLOGY
The base year for this study is 2004. Market figures are based on revenues at the manufacturers' level and are projected at 2004-dollar value (i.e., inflation is not computed into the projection figures).