Monovaccine (Epstein – Barr Virus) Market to Garner US$ 2.0 Billion by 2026 – Coherent Market Insights
Impact Analysis of Covid-19
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Global Monovaccine (Epstein-Barr Virus) Market, by Application (Mononucleosis, Endemic Burkitt’s Lymphoma, Hodgkin’s Lymphoma, Gastric Carcinomas, Multiple Sclerosis, and Nasopharyngeal Carcinoma) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 2.0 Bn, as highlighted in a new report published by Coherent Market Insights.
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Frequent research and development activities and funding provided by various organizations are expected to aid in the development of monovaccine in the near future. Currently, there is no licensed vaccine for EBV. However, various universities and organizations are focused on developing novel vaccines and fulfilling unmet needs. For instance, in March 2017, Cancer Research U.K. completed its phase 1b clinical trial of (Modified Vaccinia Ankara) MVA-EBNA1/LMP2 vaccine. It is being treated on nasopharyngeal cancer patients with positive Epstein-Barr virus infection.
In 2017, the genetics of human immune responses were analyzed by the researchers from the University of Kansas School of Engineering and School of Pharmacy to develop basis of an effective vaccine or drug therapy against Epstein-Barr virus or EBV, the pathogen that causes infectious mononucleosis and infects around 90% of adults, worldwide.
In January 2019, researchers and scientists from the German Cancer Research Center developed a new strategy with the aim of creating a vaccine that targets different EBV virus life phases and provides effective protection against EBV infection.
Hence, such efforts by various organizations and universities to develop monovaccine is expected to aid in development of novel vaccines and fulfill unmet needs over the forecast period.
Browse 10 Market Data Tables and 10 Figures spread through 84 Pages and in-depth TOC on Global Monovaccine (Epstein – Barr Virus) Market, by Application (Mononucleosis, Endemic Burkitt’s Lymphoma, Hodgkin’s Lymphoma, Gastric Carcinomas, Multiple Sclerosis, and Nasopharyngeal Carcinoma) and by Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa)
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Government organizations in different regions are focusing on developing novel monovaccines (Epstein – Barr virus) and gaining approval for the same. For instance, in 2019, researchers from National Institutes of Health’s (NIH) National Institute of Allergy and Infectious Diseases (NIAID) determined how various antibodies induced by Epstein-Barr virus (EBV) block infection of cells grown in the laboratory. This information was used by the researchers for development of novel vaccine candidates in animals, which elicited potent anti-EBV antibody responses that blocked infection of cell types involved in EBV-associated cancers.
Key Takeaways of the Global Monovaccine (Epstein-Barr Virus) Market:
- Currently, there is no approved monovaccines in any region. However, various universities are involved in robust research and development activities for monovaccines.
- High prevalence of Epstein-Barr virus infections is expected to result in increasing demand for its vaccine in the near future. For instance, according to the study published by Cincinnati Children’s Hospital Medical Center, in 2018, Epstein-Barr virus was a very common virus in the U.S. and other developed regions.
- There are more chances of high prevalence of infection with EBV in emerging economies due to which emerging economies are expected to be more potential regions. For instance, according to the study published by Cincinnati Children’s Hospital Medical Center, in 2018, around 90% of the population became infected with EBV virus by age 20. In emerging economies, 90% of people are infected by age of 2 years.
- Furthermore, Asia Pacific is expected to be a potential region for nasopharyngeal cancer vaccine, as the prevalence of nasopharyngeal cancer is high in Asia Pacific. For instance, according to American Cancer Society, nasopharyngeal cancer is more common in several regions including South Asia, Middle East, and North Africa. In some parts of China, there are as many as 21 cases per 100,000 people. The disease is also more common among Inuit of Alaska and Canada.
- Universities and organizations involved in the development of monovaccine (Epstein-Barr virus) include Cancer Research U.K., National Institutes of Health, Chinese University of Hong Kong, Genome Biosciences, Inc., Dana-Farber Cancer Institute, German Cancer Research Institute, and University of Minnesota
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