Market Overview

Global Biodefense Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 6.5% - ResearchAndMarkets.com

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The "Global
Biodefense Market - Segmented by Product and Geography - Growth, Trends,
and Forecast (2018 - 2023)"
report has been added to ResearchAndMarkets.com's
offering.

The global biodefense market is expected to register a CAGR of 6.5%
during the forecast period, 2018 to 2023.

Bioterrorism is the use of biological agents that are harmful for
mankind. Biodefense includes medical measures to protect from biological
agents. Key factors driving the market growth are rise in technological
advancement, such as nanotechnology, database management systems,
advanced detector hardware, and gene chips for pathogen detection in the
forensic department. Also, the rise in the production of vaccines,
enhanced forensics, and quick diagnostic procedures and detection
techniques are the factors expected to drive the market growth.

Governments spend huge sums of money every year for the R&D of vaccines
in order stay prepared for any bioterrorism attacks. Pharmaceutical
companies operating in the biodefense sector have huge opportunities to
expand due to governments' drive to be prepare for any kind of
bioterrorism.

North America dominated the global biodefense market in 2017, which can
be attributed to the increase in government funding to generate and
stockpile sufficient vaccines to be used against anthrax through various
initiative, such as BioShield act, Biomedical Advanced Research and
Development Authority (BARDA), and Joint Program Executive Office for
Chemical & Biological Defense. For instance, the US Department of Health
and Human Services announced it plans to spend more than USD 25 million
on an anthrax antitoxin, as a part of an emergency preparedness plan in
2018.

Companies Mentioned

  • Alnylam Pharmaceuticals Inc.
  • Bavarian Nordic
  • Cleveland BioLabs
  • DynPort Vaccine Company LLC
  • Elusys Therapeutics Inc.
  • Emergent BioSolutions Inc.
  • Ichor Medical Systems
  • Ology Bioscience
  • PharmAthene Inc.
  • SIGA Technologies Industries Ltd

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Drivers, Restraints, Opportunities and Challenges Analysis (DROC)

7. Market Segmentation

8. Competitive Landscape

9. Key Players

10. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/4p79tj/global_biodefense?w=4

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