Therapeutic Vaccines Market to Witness High
Growth Owing to Rising Prevalence of Chronic Diseases

Therapeutic vaccines are biological
therapeutics that prevent or treat disease by stimulating an immune system
response against a particular disease-causing organism. Therapeutic vaccines
are administered to people who already have a disease or condition to boost the
body’s natural defenses against the disease. They differ from preventive
vaccines which are taken by healthy individuals to prevent future illness. The
major driver for therapeutic vaccines is the growing prevalence of chronic
diseases such as cancer, autoimmune disorders, infectious diseases etc. around
the world.

The
Global Therapeutic Vaccines Market is estimated to be valued at US$ 3.09 Bn in
2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2024 To
2031.



Key Takeaways



Key players: Key players operating in the Therapeutic Vaccines market are AMR
India Limited, Carmeuse, GLC Minerals LLC, Graymont Limited, Gujarat Mineral
Development Corporation Ltd, Imerys, Kerford Limestone, LafargeHolcim, Lhoist
Group, Minerals Technologies Inc., Okutama Kogyo Co. Ltd, Omya AG, RSMM
Limited, Ryokolime Industry Co. Ltd (Mitsubishi Materials Corporation),
SCHAEFER KALK GmbH & Co. KG, The National Lime & Stone Company, and
United States Lime & Minerals Inc.



Key opportunities: The rising prevalence of cancer and infectious diseases is
creating significant opportunities for players in the Therapeutic
Vaccines Market Demand In addition, growing R&D investments from
both private and public sectors is also fueling market growth.



Global expansion: Major players in the therapeutic vaccines market are focused
on expanding their geographic footprints in high growth emerging markets of
Asia Pacific, Latin America, and Middle East & Africa. These regions are
expected to exhibit faster growth owing to increasing healthcare expenditures
and demand for advanced treatment options.

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