Therapeutic Vaccines Market Trends and Share by 2031
The therapeutic vaccines market size is projected to reach US$ 2,934.57 million by 2031 from US$ 1,244.94 million in 2024. The market is expected to register a CAGR of 13.0% during 2024–2031. Advancements in vaccine technology are likely to remain key trends in the therapeutic vaccines market.
Therapeutic Vaccines Market Analysis
The therapeutic vaccines market is expected to witness substantial growth in the coming years due to advancements in immunotherapy and the increasing prevalence of chronic diseases, such as cancer and infectious diseases. These vaccines are administered to treat diseases by stimulating the immune system to target and destroy diseased cells. The therapeutic vaccines market is poised for significant growth with a surging focus on personalized medicine and technological innovations. Factors such as government investments, rising healthcare demands, and novel vaccine platform development further contribute to its expansion. The market is expected to experience strong growth due to increasing healthcare investments, advancements in vaccine technologies, and a growing demand for targeted therapeutic solutions.
Therapeutic Vaccines Market Overview
The therapeutic vaccines market is rapidly evolving, fueled by advancements in immunotherapy and growing awareness of vaccine-based treatment approaches. The market is particularly driven by innovations in cancer immunotherapy, which involves developing therapeutics to enhance the immune system's ability to recognize and destroy tumor cells. The increasing prevalence of chronic diseases and the growing awareness of personalized medicine further stimulate the demand for therapeutic vaccines. The German Cancer Research Center (DKFZ) conducts pioneering research in cancer immunotherapy and vaccine development, contributing to the country's role as a hub for medical innovation. In August 2024, researchers at the DKFZ introduced a novel vaccine aimed at boosting HPV vaccination rates, targeting cancer-causing human papillomaviruses (HPV). This innovative vaccine is cost-effective and has shown efficacy in protecting mice from nearly all types of cancer-causing HPV. The vaccine also stimulates cellular immune responses against HPV-infected cells and has a therapeutic effect against existing infections. The ultimate objective of researchers is to develop a therapeutic vaccine for individuals who have already contracted HPV, particularly those who may have developed HPV-related cancer or precancerous lesions. Thus, a strong research ecosystem and collaborative efforts between academic institutions, hospitals, and biotech companies are accelerating the development of new therapeutic vaccines in Germany.
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Therapeutic Vaccines Market: Strategic Insights
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Therapeutic Vaccines Market: Strategic Insights
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Therapeutic Vaccines Market Drivers and Opportunities
Rising Prevalence of Chronic Conditions Bolsters Market Growth
Chronic conditions such as cancer, neurological diseases, and autoimmune diseases are becoming more widespread globally due to factors such as aging, lifestyle changes, and environmental influence. According to the World Health Organization's (WHO) Noncommunicable Diseases Factsheet 2023, these diseases account for 41 million global deaths annually, equivalent to 74% of total mortality. Per the Global Cancer Facts & Figures, ~20 million cancer cases were diagnosed in 2022, and 9.7 million people succumbed to the disease in the same year. Moreover, as per an article titled "The Global Landscape of Autoimmune Disease," published in February 2024, autoimmune diseases affect 5–10% of the industrial world population; it also states that ~50 million Americans are affected by autoimmune diseases. In addition, as per the WHO multiple sclerosis factsheet, over 1.8 million people in the world suffered from multiple sclerosis as of August 2023.
Thus, the surging incidences of various chronic conditions highlight the urgent need for innovative therapeutic interventions. Therapeutic vaccines are designed to treat existing diseases instead of preventing their onset. These vaccines stimulate the body's immune system to target and treat specific diseases. In cancer treatment, the Sipuleucel-T (Provenge) vaccine has demonstrated the potential to improve survival rates in prostate cancer patients. Amid the demand for innovative treatments for chronic diseases, therapeutic vaccines are expected to offer a new approach to long-term disease management and improve patient outcomes globally. Thus, the rising prevalence of chronic diseases fuels the therapeutic vaccines market growth.
Extending Product Pipeline to Create Growth Opportunities
As the global demand for innovative treatment options rises, the therapeutic vaccines sector has witnessed robust investments and advancements in vaccine development, driven largely by the rising number of clinical candidates progressing through various stages of development. R&D efforts in biotechnology yield cutting-edge therapeutic vaccines that target various diseases, particularly newer infections and chronic ones such as cancer. Moderna's mRNA-4157 is currently in phase 2 trials, with early-stage results showing promising potential in combination with checkpoint inhibitors for melanoma treatment. In addition to oncology, the therapeutic vaccine pipeline is also growing in areas such as autoimmune diseases and infectious diseases (HIV, HPV, and HBV infections).
With the expanding pipeline of vaccine candidates targeting diverse diseases, therapeutic vaccines hold immense potential to address unmet medical needs. Thus, a strong pipeline of candidates for therapeutic vaccines signifies lucrative growth opportunities for the therapeutic vaccines market.
Therapeutic Vaccines Market Report Segmentation Analysis
Key segments that were the foundation of the therapeutic vaccines market analysis are product, technology, and end user.
- Based on product, the therapeutic vaccines market is categorized into cancer vaccines, infectious disease vaccines, and others. The cancer vaccines segment held the largest share of the market in 2024.
- Based on technology, the market is bifurcated into allogenic vaccines and autologous vaccines. The autologous vaccine segment held a larger therapeutic vaccines market share in 2024.
- In terms of end user, the therapeutic vaccines market is segmented into hospitals, clinics, and others. The hospitals segment dominated the market in 2024.
Therapeutic Vaccines Market Share Analysis by Geography
The geographic scope of the therapeutic vaccines market report is divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America held a significant share of the market in 2024. The regional market growth is driven by rising cancer incidence, increasing investments in research and development, and a surge in product launches. Additionally, strategic initiatives such as the development of new products, regulatory approvals, collaborations, and acquisitions are further propelling the expansion of the therapeutic vaccine market in the region. According to the American Cancer Society, in 2022, more than 1.9 million new cases of cancer were diagnosed in the nation, causing ~0.61 million deaths. In 2024, 2.0 million people in the US were diagnosed with cancer. The rising number of cancer cases ultimately fuels the demand for innovative treatment options. Therapeutic vaccines, designed to stimulate the immune system to target cancer cells, offer promising alternatives to traditional therapies. In 2010, Provenge (sipuleucel-T) became the first therapeutic cancer vaccine to receive approval from the FDA. It is specifically designed for prostate cancer, highlighting the potential for immunotherapy to provide life-extending treatments. This rising number of cases propels research and development investments as well as encourages collaborations among companies and academic institutions.
The Canadian government plays a crucial role through funding initiatives and providing grants to support early-stage cancer research. In September 2024, researchers at the University of British Columbia (UBC) within Canada's Immuno-Engineering and Biomanufacturing Hub (CIEBH) were awarded over US$ 31.4 million in provincial funding for three projects aimed at advancing the development of vaccines and therapeutics in British Columbia for all Canadians. The funding, provided through the BC Knowledge Development Fund (BCKDF), will support the establishment of cutting-edge research infrastructure, including an Advanced Therapeutics Manufacturing Facility (ATMF) on UBC's Vancouver campus. This facility will enable the development and production of clinical-grade treatments that meet Health Canada's rigorous quality standards for clinical trials. These projects align with CIEBH's mission to position BC and Canada as global leaders in next-generation immune-based therapeutics, including mRNA vaccines, antibody treatments, and cell- and gene-based therapies.
Therapeutic Vaccines Market Report Scope
Therapeutic Vaccines Market News and Recent Developments
The therapeutic vaccines market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the therapeutic vaccines market are listed below:
- TheraVectys has announced the enrollment of the first patient in Phase I/IIa clinical trial assessing the oncotherapeutic vaccine Lenti-HPV-07 for the treatment of HPV-induced cancers. Lenti-HPV-07 vaccine is based on the lentiviral vector technology platform developed by the Pasteur-TheraVectys Joint Laboratory, and TheraVectys has pioneered it over the past two decades. (Source: TheraVectys, Press Release, October 2024)
- Serum Institute of India, the world's largest vaccine manufacturer by dose volume, entered into an exclusive global agreement with ImmunityBio, Inc., to supply Bacillus Calmette-Guerin (BCG) to ImmunityBio. The deal includes the production of standard BCG, approved for use outside the US, and a next-generation recombinant BCG (iBCG), currently undergoing testing. The iBCG is intended for use in combination with ImmunityBio's ANKTIVA for both approved and potential future indications, subject to regulatory approval. The two companies will collaborate to expedite the Phase 2 clinical trials of iBCG being conducted in Europe. (Source: Serum Institute of India Pvt. Ltd, Press Release, May 2024)
Therapeutic Vaccines Market Report Coverage and Deliverables
The "Therapeutic Vaccines Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Therapeutic vaccines market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Therapeutic vaccines market trends and market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Therapeutic vaccines market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the therapeutic vaccines market
- Detailed company profiles
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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Frequently Asked Questions
The market is estimated to register a CAGR of 13.0% during the forecast period.
The rising prevalence of chronic diseases, and increasing investments and funding for vaccine development are noteworthy factors contributing to the market growth.
The market is estimated to reach a value of US$ 2,934.57 million by 2031.
Dendreon, BioNTech SE, Serum Institute of India Pvt. Ltd, Merck & Co Inc, Amgen Inc, ISA Pharmaceuticals BV, INOVIO Pharmaceuticals Inc, Transgene SA, THERAVECTYS SA, and CureVac SE are among the key players operating in the therapeutic vaccines market.
North America dominated the therapeutic vaccines market in 2024.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Therapeutic Vaccines Market Landscape
4.1 Overview
4.2 PEST Analysis
5. Therapeutic Vaccines Market – Key Market Dynamics
5.1 Therapeutic Vaccines Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rising Prevalence of Chronic Conditions
5.2.2 Increasing Investments and Funding for Vaccine Development
5.3 Market Restraints
5.3.1 Regulatory Challenges
5.4 Market Opportunities
5.4.1 Extending Product Pipeline
5.5 Future Trends
5.5.1 Advancements in Vaccine Technology
5.6 Impact of Drivers and Restraints:
6. Therapeutic Vaccines Market – Global Market Analysis
6.1 Therapeutic Vaccines Market Revenue (US$ Thousand), 2021–2031
6.2 Therapeutic Vaccines Market Forecast Analysis
7. Therapeutic Vaccines Market Analysis – by Product
7.1 Cancer Vaccines
7.1.1 Overview
7.1.2 Cancer Vaccines: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
7.2 Infectious Disease Vaccines
7.2.1 Overview
7.2.2 Infectious Disease Vaccines: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
7.3 Others
7.3.1 Overview
7.3.2 Others: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
8. Therapeutic Vaccines Market Analysis – by Technology
8.1 Allogenic Vaccine
8.1.1 Overview
8.1.2 Allogenic Vaccine: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
8.2 Autologous Vaccine
8.2.1 Overview
8.2.2 Autologous Vaccine: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
9. Therapeutic Vaccines Market Analysis – by End User
9.1 Hospitals
9.1.1 Overview
9.1.2 Hospitals: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
9.2 Clinics
9.2.1 Overview
9.2.2 Clinics: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
9.3 Others
9.3.1 Overview
9.3.2 Others: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10. Therapeutic Vaccines Market – Geographical Analysis
10.1 North America
10.1.1 North America Therapeutic Vaccines Market Overview
10.1.2 North America: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.1.2.1 North America: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Product
10.1.2.2 North America: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Technology
10.1.2.3 North America: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by End User
10.1.3 North America: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Country
10.1.3.1 United States: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.1.3.1.1 United States: Therapeutic Vaccines Market Breakdown, by Product
10.1.3.1.2 United States: Therapeutic Vaccines Market Breakdown, by Technology
10.1.3.1.3 United States: Therapeutic Vaccines Market Breakdown, by End User
10.1.3.2 Canada: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.1.3.2.1 Canada: Therapeutic Vaccines Market Breakdown, by Product
10.1.3.2.2 Canada: Therapeutic Vaccines Market Breakdown, by Technology
10.1.3.2.3 Canada: Therapeutic Vaccines Market Breakdown, by End User
10.1.3.3 Mexico: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.1.3.3.1 Mexico: Therapeutic Vaccines Market Breakdown, by Product
10.1.3.3.2 Mexico: Therapeutic Vaccines Market Breakdown, by Technology
10.1.3.3.3 Mexico: Therapeutic Vaccines Market Breakdown, by End User
10.2 Europe
10.2.1 Europe Therapeutic Vaccines Market Overview
10.2.2 Europe: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.2.2.1 Europe: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Product
10.2.2.2 Europe: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Technology
10.2.2.3 Europe: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by End User
10.2.3 Europe: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Country
10.2.3.1 Germany: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.2.3.1.1 Germany: Therapeutic Vaccines Market Breakdown, by Product
10.2.3.1.2 Germany: Therapeutic Vaccines Market Breakdown, by Technology
10.2.3.1.3 Germany: Therapeutic Vaccines Market Breakdown, by End User
10.2.3.2 United Kingdom: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.2.3.2.1 United Kingdom: Therapeutic Vaccines Market Breakdown, by Product
10.2.3.2.2 United Kingdom: Therapeutic Vaccines Market Breakdown, by Technology
10.2.3.2.3 United Kingdom: Therapeutic Vaccines Market Breakdown, by End User
10.2.3.3 France: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.2.3.3.1 France: Therapeutic Vaccines Market Breakdown, by Product
10.2.3.3.2 France: Therapeutic Vaccines Market Breakdown, by Technology
10.2.3.3.3 France: Therapeutic Vaccines Market Breakdown, by End User
10.2.3.4 Italy: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.2.3.4.1 Italy: Therapeutic Vaccines Market Breakdown, by Product
10.2.3.4.2 Italy: Therapeutic Vaccines Market Breakdown, by Technology
10.2.3.4.3 Italy: Therapeutic Vaccines Market Breakdown, by End User
10.2.3.5 Spain: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.2.3.5.1 Spain: Therapeutic Vaccines Market Breakdown, by Product
10.2.3.5.2 Spain: Therapeutic Vaccines Market Breakdown, by Technology
10.2.3.5.3 Spain: Therapeutic Vaccines Market Breakdown, by End User
10.2.3.6 Rest of Europe: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.2.3.6.1 Rest of Europe: Therapeutic Vaccines Market Breakdown, by Product
10.2.3.6.2 Rest of Europe: Therapeutic Vaccines Market Breakdown, by Technology
10.2.3.6.3 Rest of Europe: Therapeutic Vaccines Market Breakdown, by End User
10.3 Asia Pacific
10.3.1 Asia Pacific Therapeutic Vaccines Market Overview
10.3.2 Asia Pacific: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.3.2.1 Asia Pacific: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Product
10.3.2.2 Asia Pacific: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Technology
10.3.2.3 Asia Pacific: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by End User
10.3.3 Asia Pacific: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Country
10.3.3.1 China: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.3.3.1.1 China: Therapeutic Vaccines Market Breakdown, by Product
10.3.3.1.2 China: Therapeutic Vaccines Market Breakdown, by Technology
10.3.3.1.3 China: Therapeutic Vaccines Market Breakdown, by End User
10.3.3.2 Japan: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.3.3.2.1 Japan: Therapeutic Vaccines Market Breakdown, by Product
10.3.3.2.2 Japan: Therapeutic Vaccines Market Breakdown, by Technology
10.3.3.2.3 Japan: Therapeutic Vaccines Market Breakdown, by End User
10.3.3.3 India: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.3.3.3.1 India: Therapeutic Vaccines Market Breakdown, by Product
10.3.3.3.2 India: Therapeutic Vaccines Market Breakdown, by Technology
10.3.3.3.3 India: Therapeutic Vaccines Market Breakdown, by End User
10.3.3.4 South Korea: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.3.3.4.1 South Korea: Therapeutic Vaccines Market Breakdown, by Product
10.3.3.4.2 South Korea: Therapeutic Vaccines Market Breakdown, by Technology
10.3.3.4.3 South Korea: Therapeutic Vaccines Market Breakdown, by End User
10.3.3.5 Australia: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.3.3.5.1 Australia: Therapeutic Vaccines Market Breakdown, by Product
10.3.3.5.2 Australia: Therapeutic Vaccines Market Breakdown, by Technology
10.3.3.5.3 Australia: Therapeutic Vaccines Market Breakdown, by End User
10.3.3.6 Rest of APAC: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.3.3.6.1 Rest of APAC: Therapeutic Vaccines Market Breakdown, by Product
10.3.3.6.2 Rest of APAC: Therapeutic Vaccines Market Breakdown, by Technology
10.3.3.6.3 Rest of APAC: Therapeutic Vaccines Market Breakdown, by End User
10.4 Middle East & Africa
10.4.1 Middle East & Africa Therapeutic Vaccines Market Overview
10.4.2 Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.4.2.1 Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Product
10.4.2.2 Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Technology
10.4.2.3 Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by End User
10.4.3 Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Country
10.4.3.1 Saudi Arabia: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.4.3.1.1 Saudi Arabia: Therapeutic Vaccines Market Breakdown, by Product
10.4.3.1.2 Saudi Arabia: Therapeutic Vaccines Market Breakdown, by Technology
10.4.3.1.3 Saudi Arabia: Therapeutic Vaccines Market Breakdown, by End User
10.4.3.2 South Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.4.3.2.1 South Africa: Therapeutic Vaccines Market Breakdown, by Product
10.4.3.2.2 South Africa: Therapeutic Vaccines Market Breakdown, by Technology
10.4.3.2.3 South Africa: Therapeutic Vaccines Market Breakdown, by End User
10.4.3.3 United Arab Emirates: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.4.3.3.1 United Arab Emirates: Therapeutic Vaccines Market Breakdown, by Product
10.4.3.3.2 United Arab Emirates: Therapeutic Vaccines Market Breakdown, by Technology
10.4.3.3.3 United Arab Emirates: Therapeutic Vaccines Market Breakdown, by End User
10.4.3.4 Rest of Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.4.3.4.1 Rest of Middle East & Africa: Therapeutic Vaccines Market Breakdown, by Product
10.4.3.4.2 Rest of Middle East & Africa: Therapeutic Vaccines Market Breakdown, by Technology
10.4.3.4.3 Rest of Middle East & Africa: Therapeutic Vaccines Market Breakdown, by End User
10.5 South & Central America
10.5.1 South & Central America Therapeutic Vaccines Market Overview
10.5.2 South & Central America: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.5.2.1 South & Central America: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Product
10.5.2.2 South & Central America: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Technology
10.5.2.3 South & Central America: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by End User
10.5.3 South & Central America: Therapeutic Vaccines Market – Revenue and Forecast Analysis – by Country
10.5.3.1 Brazil: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.5.3.1.1 Brazil: Therapeutic Vaccines Market Breakdown, by Product
10.5.3.1.2 Brazil: Therapeutic Vaccines Market Breakdown, by Technology
10.5.3.1.3 Brazil: Therapeutic Vaccines Market Breakdown, by End User
10.5.3.2 Argentina: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.5.3.2.1 Argentina: Therapeutic Vaccines Market Breakdown, by Product
10.5.3.2.2 Argentina: Therapeutic Vaccines Market Breakdown, by Technology
10.5.3.2.3 Argentina: Therapeutic Vaccines Market Breakdown, by End User
10.5.3.3 Rest of South & Central America: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
10.5.3.3.1 Rest of South & Central America: Therapeutic Vaccines Market Breakdown, by Product
10.5.3.3.2 Rest of South & Central America: Therapeutic Vaccines Market Breakdown, by Technology
10.5.3.3.3 Rest of South & Central America: Therapeutic Vaccines Market Breakdown, by End User
11. Therapeutic Vaccines Market – Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Therapeutic Vaccines Market
11.3 Organic Growth Strategies
11.3.1 Overview
11.4 Inorganic Growth Strategies
11.4.1 Overview
12. Company Profiles
12.1 Dendreon
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 BioNTech SE
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Serum Institute of India Pvt. Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Merck & Co Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Amgen Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 ISA Pharmaceuticals BV
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 INOVIO Pharmaceuticals Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Transgene SA
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 THERAVECTYS SA
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 CureVac SE
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
List of Tables
Table 1. Therapeutic Vaccines Market Segmentation
Table 2. North America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 3. North America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 4. North America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 5. United States: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 6. United States: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 7. United States: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 8. Canada: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 9. Canada: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 10. Canada: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 11. Mexico: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 12. Mexico: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 13. Mexico: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 14. Europe: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 15. Europe: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 16. Europe: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 17. Germany: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 18. Germany: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 19. Germany: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 20. United Kingdom: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 21. United Kingdom: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 22. United Kingdom: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 23. France: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 24. France: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 25. France: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 26. Italy: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 27. Italy: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 28. Italy: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 29. Spain: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 30. Spain: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 31. Spain: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 32. Rest of Europe: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 33. Rest of Europe: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 34. Rest of Europe: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 35. Asia Pacific: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 36. Asia Pacific: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 37. Asia Pacific: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 38. China: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 39. China: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 40. China: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 41. Japan: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 42. Japan: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 43. Japan: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 44. India: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 45. India: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 46. India: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 47. South Korea: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 48. South Korea: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 49. South Korea: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 50. Australia: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 51. Australia: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 52. Australia: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 53. Rest of APAC: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 54. Rest of APAC: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 55. Rest of APAC: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 56. Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 57. Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 58. Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 59. Saudi Arabia: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 60. Saudi Arabia: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 61. Saudi Arabia: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 62. South Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 63. South Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 64. South Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 65. United Arab Emirates: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 66. United Arab Emirates: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 67. United Arab Emirates: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 68. Rest of Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 69. Rest of Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 70. Rest of Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 71. South & Central America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 72. South & Central America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 73. South & Central America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 74. Brazil: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 75. Brazil: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 76. Brazil: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 77. Argentina: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 78. Argentina: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 79. Argentina: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 80. Rest of South & Central America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Product
Table 81. Rest of South & Central America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by Technology
Table 82. Rest of South & Central America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand) – by End User
Table 83. Recent Organic Growth Strategies in the Therapeutic Vaccines Market
Table 84. Recent Inorganic Growth Strategies in the Therapeutic Vaccines Market
Table 85. Glossary of Terms, Therapeutic Vaccines Market
List of Figures
Figure 1. Therapeutic Vaccines Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Therapeutic Vaccines Market Revenue (US$ Thousand), 2021–2031
Figure 5. Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 6. Therapeutic Vaccines Market Share (%) – by Product (2024 and 2031)
Figure 7. Cancer Vaccines: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 8. Infectious Disease Vaccines: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 9. Others: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 10. Therapeutic Vaccines Market Share (%) – by Technology (2024 and 2031)
Figure 11. Allogenic Vaccine: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 12. Autologous Vaccine: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 13. Therapeutic Vaccines Market Share (%) – by End User (2024 and 2031)
Figure 14. Hospitals: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 15. Clinics: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 16. Others: Therapeutic Vaccines Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 17. North America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 18. North America: Therapeutic Vaccines Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 19. United States: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 20. Canada: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 21. Mexico: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 22. Europe: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 23. Europe: Therapeutic Vaccines Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 24. Germany: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 25. United Kingdom: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 26. France: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 27. Italy: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 28. Spain: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 29. Rest of Europe: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 30. Asia Pacific: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 31. Asia Pacific: Therapeutic Vaccines Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 32. China: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 33. Japan: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 34. India: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 35. South Korea: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 36. Australia: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 37. Rest of APAC: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 38. Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 39. Middle East & Africa: Therapeutic Vaccines Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 40. Saudi Arabia: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 41. South Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 42. United Arab Emirates: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 43. Rest of Middle East & Africa: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 44. South & Central America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 45. South & Central America: Therapeutic Vaccines Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 46. Brazil: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 47. Argentina: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 48. Rest of South & Central America: Therapeutic Vaccines Market – Revenue and Forecast to 2031(US$ Thousand)
Figure 49. Growth Strategies in the Therapeutic Vaccines Market
The List of Companies - Therapeutic Vaccines Market
- Dendreon
- BioNTech SE
- Serum Institute of India Pvt. Ltd
- Merck & Co Inc
- Amgen Inc.
- ISA Pharmaceuticals BV
- INOVIO Pharmaceuticals Inc
- Transgene SA
- THERAVECTYS SA
- CureVac SE
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.