Zika Vaccines Market - Industry Insights, Size, Shares, Trends, Outlook, and Opportunity Analysis, 2018–2026


Posted October 18, 2018 by rajkumarbisen

Zika vaccines are developed for immunization & prevention against diseases caused by Zika virus. This virus belongs to genus Flavivirus and is transmitted by Aedes mosquitoes.

 
Zika vaccines are developed for immunization & prevention against diseases caused by Zika virus. This virus belongs to genus Flavivirus and is transmitted by Aedes mosquitoes. The virus can also be transmitted through blood transfusion, sexual contact or from infected pregnant women to the fetus. Diagnosis of this infection is confirmed by detecting viral DNA through PCR. However, only 1 in 4 people with zika infection are prone to develop symptoms. In November 2016, the World Health Organization (WHO) declared that zika infection no longer constitutes a Public Health Emergency of International Concern (PHEIC) as major cases of zika virus were asymptomatic.

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Continuous increase in human clinical trials and rise in number of zika cases will drive the growth of Zika vaccines market

As of March 2016, 67 companies and research institutions were working on various kinds of R&D projects and clinical trials aided to develop effective vaccines against zika virus. The FDA approved the first human clinical trial for GLS–5700 in June 2016, a zika vaccine being developed by Inovio Pharmaceuticals. Further in 2017, a grant was approved for phase 2 clinical trials for a DNA vaccine conducted by NIAID’s Vaccine Research Center (VRC).

Increasing awareness among the population would aid in controlling the incidence rate of zika infection. The WHO implemented a global framework for creating public awareness through its Zika Strategic Response Framework and Joint Plan in February 2016. This plan outlines all the points to be taken care of at the time of infections. In June 2016, WHO Regional Office for Europe developed a training curriculum to increase awareness by the publication of Zika Risk Assessment for European Region.


High investment costs required for R&D and the development of effective zika virus vaccines serves as a restraining factor for the global zika vaccines market.

While major of the Zika virus cases occur in tropical regions such as Brazil, Paraguay, Venezuela, Colombia and Suriname, there are higher chances of mosquito infections in tropical areas of the U.S. like Texas and Florida. According to Pan American Health Organization, around 1,246 suspected and confirmed cases were reported between epidemiological week (EW) 10 and EW 14 of 2016 in the sub region which involves Brazil, Argentina, Peru and Ecuador.

Some key players operating in the zika vaccines market are Cerus Corporation, Biken Inc, GlaxoSmithKline plc, Bharat Biotech International Pvt. Ltd, GeneOne Life Science, Inovio Pharmaceuticals, Immunovaccine Inc., NewLink Genetics Corp. and Sanofi S.A.

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Zika Vaccines Market Taxonomy:

There are different types of vaccines that provide protection against Zika virus:
• DNA-based vaccines
• Inactivated vaccines
• Live-attenuated vaccines
• mRNA vaccines
• Genetically engineered vaccines

Global market by application:
• Therapeutic Vaccines
• Preventive Vaccines

Global market by end user:
• Hospitals
• Clinics


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Issued By Coherent Market Insights
Country United States
Categories Health
Tags zika vaccines market insights , zika vaccines market shares , zika vaccines market trends , zika vaccines market size , zika vaccines market
Last Updated October 18, 2018