Market Outlook
The Latin America DNA vaccines market has been projected to burgeon in terms of revenue and expand with a CAGR of 3.90% during the forecast years 2019-2027, according to a report by the author. Brazil, Mexico and countries in rest of Latin America together constitute the DNA vaccines market in the Latin American region. The Brazilian biotechnology industry earned a total revenue of $11.4bn in 2016. Long-term demographic changes and growth in emerging industries support the development of the biotech industry. Wealth creation in this emerging industry is establishing & expanding healthcare systems and driving the increased levels of demand for biotech products. Emerging industries create larger revenue opportunities for biotechnology companies, that are increasingly targeting countries such as Brazil, and others, to supplement the sales in the mature industries of Europe and the US. In Brazil, the Agencia Nacional de Vigilancia Sanitaria (ANVISA) must be satisfied that the drugs are safe and effective before being made available for consumption, as the costs of compliance and the probability of a new product’s failure, combined with the required tests pose another barrier for entry.
Competitive Outlook
Some of the established giants in the DNA vaccines market are Dendreon Corporation (acquired by Sanpower Group), Eurogentec S.A., Inovio Pharmaceuticals, Inc., Merck & Co., Novartis AG, VGXI and Xenetic Biosciences, Inc.
The Latin America DNA vaccines market has been projected to burgeon in terms of revenue and expand with a CAGR of 3.90% during the forecast years 2019-2027, according to a report by the author. Brazil, Mexico and countries in rest of Latin America together constitute the DNA vaccines market in the Latin American region. The Brazilian biotechnology industry earned a total revenue of $11.4bn in 2016. Long-term demographic changes and growth in emerging industries support the development of the biotech industry. Wealth creation in this emerging industry is establishing & expanding healthcare systems and driving the increased levels of demand for biotech products. Emerging industries create larger revenue opportunities for biotechnology companies, that are increasingly targeting countries such as Brazil, and others, to supplement the sales in the mature industries of Europe and the US. In Brazil, the Agencia Nacional de Vigilancia Sanitaria (ANVISA) must be satisfied that the drugs are safe and effective before being made available for consumption, as the costs of compliance and the probability of a new product’s failure, combined with the required tests pose another barrier for entry.
Competitive Outlook
Some of the established giants in the DNA vaccines market are Dendreon Corporation (acquired by Sanpower Group), Eurogentec S.A., Inovio Pharmaceuticals, Inc., Merck & Co., Novartis AG, VGXI and Xenetic Biosciences, Inc.
Table of Contents
1. Latin America DNA Vaccines Market - Summary
2. Industry Outlook
3. DNA Vaccines Market Outlook - by Type
4. DNA Vaccines Market Outlook - by Application
5. DNA Vaccines Market Outlook - by Technology
6. DNA Vaccines Market Outlook - by Region
7. Competitive Landscape
8. Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Astellas Pharma, Inc.
- Dendreon Corporation (Acquired By Sanpower Group)
- Eli Lilly And Company
- Eurogentec S.A.
- Glaxosmithkline, Inc.
- Inovio Pharmaceuticals, Inc.
- Madison Vaccines, Incorporated (Mvi)
- Merck & Co.
- Merial Limited (Acquired By Boehringer Ingelheim)
- Novartis AG
- Sanofi
- Vgxi
- Vical, Incorporated
- Xenetic Biosciences, Inc.
- Zoetis, Inc.
Methodology
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