Autogenous Vaccine Market – Global Industry Analysis, Regional Outlook Size, Share, Growth, Trends, and Forecast 2020 – 2030
Autogenous vaccines are vaccines derived from pathogens obtained from an individual or animal and then used for the treatment of that animal and/or individual within the same epidemiological unit or in the same rearing chain. These vaccines fare better in living organisms since they circumvent the problems associated with foreign, mass produced immunologically charged material, that might lead to increased immune response that damages the organism’s tissues. Also, since the disease is prevented rather than being cured, the obvious benefits stand out.
It is pertinent to note here that as per Transparency Market Research, the global autogenous vaccines market is set to grow at a moderate compound annual growth over the period of 2020 to 2030. In its upcoming report on the market, it notes that it the steady CAGR will lead to a notable increase in market worth.
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Global Autogenous Vaccines Market: Notable Developments
Players operating in the global autogenous vaccines market are entering into strategic alliances such as mergers and acquisitions to diversify and improve their product portfolio and improve market penetration. This, along with some other growth measures opted by market players are leading to certain developments.
In the year 2019, IDT Biologika GmbH (‘IDT’), a company in the veterinary biopharmaceutical sphere, was acquired by Ceva Santé Animale (‘Ceva’). This is set to consolidate its market position.
Also, in 2017, Elanco Animal Health expanded its manufacturing capacity by setting up another facility in Winslow, Maine. This is in line with the strategy discussed above, leading to better market penetration.
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Growing focus on launching better and more effective products to prevent diseases in animals is paving way for favorable notable growth of the autogenous vaccines market. Since biotechnology is largely automated now, benefits would be reaped by autogenous vaccines manufacturers.
Key Players of Autogenous Vaccine Market Report:
The global autogenous vaccines market is consolidated. Top-tier players in the market, creating new benchmarks for growth are:
- Boehringer Ingelheim International GmbH
- Elanco Animal Health
- Ceva (Ceva Biovac)
- Phibro Animal Health Corporation
- Dyntec S. R. O.
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