Plant-based Vaccines Market Growth Production Analysis, Supply-Demand, Share and Size Elements and Recent Developments

-
Plant-based Vaccines
Plant-based Vaccines


Plants are an important source for producing low-cost vaccine derivatives. Because of its large-scale production and low cost, plant-based vaccine production helps to reduce the economic burden of infectious disease in emerging economies. Several clinical trials are underway to develop Plant-based Vaccines Market for therapeutic indications such as influenza, dengue, flu, and Ebola virus that can be taken orally. Oral administration of these vaccines eliminates the need for needles and syringes, which necessitates the use of trained immunization personnel, as well as the risk of Hospital Acquired Infections (HAIs).

Impact of the coronavirus (COVID-19) pandemic on the Global Plant-based Vaccines Market. On December 31, 2019, a coronavirus (COVID-19) outbreak was first reported in wuhan, china. On march 11, 2020, the World Health Organization declared COVID-19 a pandemic. According to the World Health Organization's Coronavirus (COVID-19) weekly epidemiological update, over 166,346,635 cases and 3,449,117 deaths due to coronavirus disease (COVID-19) were reported worldwide until May 21, 2021.

The rapid spread of COVID-19 is posing a challenge to healthcare systems all over the world. Many hospitals and intensive care units (ICUs) are overcrowded or on the verge of collapsing in many countries. As a result, optimal resource allocation in healthcare is required. Healthcare providers are forced to treat critically ill patients despite having limited access to ventilation equipment, qualified intensive care personnel, or protective equipment.

The increasing number of research and development (R&D) activities in plant-based vaccines is expected to drive market growth over the forecast period. Existing key players in the Plant-based Vaccines Market, as well as new entrants, are focusing on extensive clinical trial studies to develop plant-based vaccines for a variety of therapeutic applications.

For example, Medicago Inc., a clinical-stage biotechnology company that uses plant-based technologies to develop and produce novel vaccines and antibodies, is cultivating several tobacco plants (Nicotiana tabacum) in North America's Research Triangle Park, which will be used in flu vaccine testing and production. Medicago conducted phase III clinical trials in March 2018 to develop a flu vaccine, which is expected to hit the market by the 2020-2021 influenza season.

Comments

Post a Comment

Popular posts from this blog

Intravenous Fluid Therapy is the Fastest Growing Segment Fueling the Growth of Intravenous Solutions Market

-
Image
Intravenous Solutions Market The global Intravenous Solutions Market is estimated to be valued at US$ 577,228 bn or Million in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Intravenous solutions are fluids administered through a vein via a needle or catheter. They are often used to provide essential nutrients, medications, or fluids to patients. Common uses include rehydration, correcting electrolyte imbalances, and ensuring nutrition is delivered for patients who cannot eat or absorb nutrients through the digestive system. Market key trends: One of the major trends in the intravenous solutions market is the increasing use of intravenous fluid therapy. Intravenous fluid therapy involves the administration of aqueous solutions containing electrolytes, sugars, and medications through an intravenous catheter. It is widely used for rehydration, maintenance of f...
Read more

Endometrial Ablation Market Analysis, Industry Scope, Global Opportunity Analysis and Forecast Till 2027

-
Image
Endometrial Ablation Market Endometrial ablation is a procedure used to treat abnormally high uterine bleeding that cannot be managed by medicine by facilitating the destruction of the endometrium, a thin layer of the uterine wall. According to the American College of Obstetrics and Gynecology, Endometrial Ablation Market is not indicated for women who have endometrial diseases, endometrial hyperplasia, uterine cancer, a recent pregnancy, and specific uterine infections (ACOG). There are various endometrial ablation procedures available, including radiofrequency, heated fluid, heated balloon, electrosurgery, freezing, and microwave ablation techniques, depending on the technique and kind of patient being treated. The easy access to recently developed sophisticated ablation technology, convenience of use, shorter treatment times, and outpatient facilities, North America dominates the Endometrial Ablation Market . Endometrial ablation devices would see a sharp rise in global adoption d...
Read more

Blowing Agents Market Top Companies, Trends & Growth Factors, and Trend Forecast to 2025

-
Image
Blowing Agents Market The Blowing Agents Market is experiencing substantial growth, driven by the expanding demand from various industries such as construction, automotive, and packaging. Blowing agents are essential in foam production processes, contributing to lightweight and energy-efficient materials. Key market players are continuously investing in research and development to introduce eco-friendly and efficient blowing agents. The rising awareness regarding environmental concerns has led to the adoption of low global warming potential (GWP) and zero ozone depletion potential (ODP) blowing agents. Additionally, stringent regulations and policies promoting sustainable manufacturing practices have further accelerated the demand for environmentally friendly blowing agents. The market is witnessing a trend toward the adoption of innovative technologies to improve production efficiency and product performance. Advanced nucleating agents and microcellular foaming technologies are enhan...
Read more