An adjuvant is a substance that is formulated as part of a vaccine to enhance its ability to induce protection against infection. Adjuvants are substances added to vaccines to enhance the immunogenicity of highly purified antigens that have insufficient immunostimulatory capabilities.
North America vaccine adjuvants market size is projected to reach approximately $278 million by the end of 2024 with a CAGR of close to 11.3% from $168.5 million in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include increasing use of recombinant subunit and synthetic vaccines, Unmet Vaccine market needs for certain diseases, technological innovations and Expanding government recommendations for immunisations. However, lack of scientific awareness of adjuvants, Funding/cost of developing a new adjuvant, strict regulatory factors, high toxicity adjuvants and side effects of adjuvants are thereby hampering the market growth.
North America vaccine adjuvants market is categorized type which comprises of
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