Global Biodefense Market Revenue Will Attain US$24.5 Bn by the End of 2030, Forecasts Fairfield Market Research in a New Report

London, April 27, 2023 (GLOBE NEWSWIRE) -- Projected to demonstrate a *health**y** CAGR of 6.3% between 2023 and 2030, the **global b**iodefense market* *valuation is expected to reach **US$24.5 Bn **by the end of forecast year*. An alarming rate of infectious disease prevalence plays a significant role in creating the need for biodefense treatment. In addition, the growing prevalence of the various emerging threats further upholds the growth prospects of the biodefense market space. A new study of Fairfield Market Research digs deeper into which are the most influential factors shaping the biodefense market and how will the growth unfold through the end of 2030. “*The biodefense products **has** come to the light more intensely since the COVID-19 pandemic. **The overall biodefence market comprises therapeutic, diagnostic, and prophylactic **products **targeting chemical, radiation, and biological threats*,” states an analyst associated with the report.

*Key Research Insights*

· In 2022, the biodefense market revenue was recorded to be around US$14.8 Bn
· Anthrax remains the spearheading segment
· Military segment continues to be the largest end user
*Get a PDF Sample Copy of Biodefense Market at* *https://www.fairfieldmarketresearch.com/report/biodefense-market/request-sample*

*Insights into Segmentation Analysis*

In terms of the type of product, the anthrax segment continues to be dominant in the biodefense market space. The report further highlights an exceptional growth potential spotted in the ‘others’ segment that includes the viruses of flu, plague, cholera, Ebola, food poisoning, brucellosis, Zika, viral hemorrhagic fever, and tularemia. This segment will exhibit a strong CAGR of 7.8% during 2023 – 2030.

The analysis of the biodefense market based on the end use reveals that the military segment retains primacy in the market. Despite the highest revenue contribution of this segment, the report also indicates the fastest growth potential of the civil segment. The revenue generation through military segment will possibly reach revenue of over US$ 22.8 Bn in 2030. On the other hand, the civil segment is poised to perform the fastest at an estimated CAGR of 8.7% during 2023 – 2030.

*Key Report Highlights*

· The demand has been escalating to ensure defense against the potential bioterrorist attacks
· Japan, and Australia will especially remain the most lucrative Asian markets in future

*Insights into Regional Analysis*

Banking on higher federal expenditure, North America’s biodefense market will retain dominance throughout the projection period. The US market especially reaps the advantage of the various government-led biodefense strategies. The US will retain the status of the leading biodefense market worldwide as its Global Health Security (GHS) Index score is 75.9 that affirms the nation’s preparedness for threats with a lot of devastating potential.

In addition to the governments in the US, there are several other potential biodefense markets that cater to the regulatory requisites and thus can generate considerably high demand for biodefence countermeasures. These potential areas include healthcare institutions like hospitals and clinics, Ex US defense and public health agencies, NGOs, multinational companies, and emergency responders in the police, medical, and fire departments.

Europe, and Asia Pacific are also expected to reflect high growth potential during the projection period. While the former gains from the constantly scaling R&D spending, the latter benefits from its strengthening vaccines market. “*North American region leads the market share pie in terms of value while Asia Pacific would showcase the highest growth rate during 2023 – 2030*,” marks the analyst.

*Leading Companies in Global Biodefense Market*

GSK plc., SIGA Technologies, Inc., Sanofi Pasteur, Bavarian Nordic A/S, Soligenix, Altimmune, Inc., Emergent BioSolutions, Inc., Statera Biopharma, Inc., Xoma Corporation, Dynavax Technologies Corporation, Meridian Medical Technologies, LLC, NightHawk Biosciences, Inc., Nanotherapeutics, Inc., Dynport Vaccine Company LLC

*Do You Have Any Query or Specific Requirement? Request for Custom Research*: *https://www.fairfieldmarketresearch.com/report/biodefense-market/request-customization*

*REPORT SCOPE*

*Report Attributes* *Details*
Base Year 2022  
Forecast Year 2023 – 2030
Market Size in 2022 US$14.8 Bn
Estimated Market Size in 2030 US$24.5 Bn
CAGR 6.3 %  
Key Players GSK plc., SIGA Technologies, Inc., Sanofi Pasteur, Bavarian Nordic A/S, Soligenix, Altimmune, Inc., Emergent BioSolutions, Inc., Statera Biopharma, Inc., Xoma Corporation, Dynavax Technologies Corporation

*Global Biodefense Market is Segmented as Below:*

*By Type*

· Anthrax
· Smallpox
· Botulism
· Chemical
· Radiation/Nuclear
· Others

*By End Use*

· Military
· Civil
· Research Institutes
*By Geographic Coverage   * 

· North America
· Europe
· Asia Pacific
· Rest of the World

*Leading Companies    *   

· Emergent Biosolutions, Inc.
· SIGA Technologies, Inc.
· Bavarian Nordik A/S
· GSK plc
· Sanofi Pasteur
· NightHawk Biosciences (Elysus Therapeutics, Inc.)
· Soligenix
· Arbutus Biopharma Corporation
· Altimmune
· Meridian Medical Technologies LLC

*Inside This Report You Will Find:*

1. Executive Summary
2. Market Overview
3. Global Biodefense Market Outlook, 2019 - 2030
4. North America Biodefense Market Outlook, 2019 - 2030
5. Europe Biodefense Market Outlook, 2019 - 2030
6. Asia Pacific Biodefense Market Outlook, 2019 - 2030
7. Rest of the World Biodefense Market Outlook, 2019 - 2030
8. Competitive Landscape
9. Appendix

*Learn More About the Report Inclusions, and Research Methodology:* *https://www.fairfieldmarketresearch.com/report/biodefense-market/more-information*

*About Us*

*Fairfield Market Research* is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

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