◆英語タイトル：COVID-19 Impact on Vaccines & Drugs Market - Global Forecast to 2025
“The global COVID 19 vaccines market is projected to grow at a CAGR of -14.9% during the forecast period.”
The global COVID-19 vaccines market is projected to reach USD 1,401 million by 2025 from USD 2,273 million in 2022, at a CAGR of -14.9% during the forecast period. The growth of the global COVID-19 vaccines market is majorly attributed to the increasing number of people infected with COVID-19 and growing funding for vaccine development.
“The global COVID 19 drugs market is projected to grow at a CAGR of -57.8% during the forecast period.”
The global COVID-19 drugs market is projected to reach USD 2 million by 2025 from USD 165 million in 2020, at a CAGR of -57.8% during the forecast period. The growth of COVID-19 drugs market is attributed primarily to use of repurposed drugs for compassionate use and the emergence of alternative therapies such as convalescent plasma therapy which were used earlier for treating epidemic diseases such as SARS, MERS, and H1N1. Furthermore, collaborations between global organizations and governments of various nations to promote the supply of essential drugs and medical supplies will fuel market growth. However, factors such as herd immunity, and uncertainty over the efficacy of vaccines and drugs are expected to hinder the market growth.
Currently, the R&D landscape for COVID-19 vaccines includes 115 vaccine candidates. The most advanced candidates that have recently moved into clinical development are:
• mRNA-1273 from Moderna
• Ad5-nCoV from CanSino Biologics
• INO-4800 from Inovio
• LV-SMENP-DC and pathogen-specific aAPC from Shenzhen Geno-Immune Medical Institute
Funding from global governments and foundations is promoting the growth of the market
Incentives are needed to engage manufacturers for the large-scale capacity to guarantee sufficient production of SARS-CoV-2 vaccines. In line with this, various global organizations have come forward to expedite the process, such as Gavi, CEPI, and WHO. However, considering the pandemic scenario of COVID-19, much stronger initiatives are required.
In April 2020, the Bill and Melinda Gates Foundation plans to help fund factories for seven promising vaccines, even before seeing conclusive data. The foundation aims to help scale up manufacturing during testing, rather than after the vaccines have passed the trials.
Besides the most promising Moderna program, several other big pharma companies are involved in COVID-19 vaccine work. Johnson & Johnson has pledged a manufacturing scale-up to 1 billion doses for its federally partnered program. Meanwhile, Sanofi has two partnerships underway—one with the federal government and another with Translate Bio.
Vaccine manufacturing ramp-up to drive the growth further
While global drug makers are pouring massive resources into developing targeted therapies and vaccines, contract development and manufacturing organizations (CDMOs) are finding ways to ramp up the production of vaccines. In line with this, a new CDMO from Belgium’s Univercells is offering its expertise to help drug makers scale up their manufacturing.
Pfizer and BioNTech have laid out plans for manufacturing their candidates for trials and producing millions of doses if trials succeed. The companies expect to have millions of doses of a COVID-19 vaccine ready to go by year-end if the companies begin human testing as planned by late April. Pfizer and BioNTech are hoping to advance multiple mRNA vaccine candidates.
Currently, around 155 molecules are under clinical investigation, and approximately 45 molecules are under preclinical development to be targeted against COVID-19. In this list, four promising drugs have been repurposed for use against COVID-19.
• Chloroquine and hydroxychloroquine
• Lopinavir and ritonavir (and that same combination plus interferon-beta)
• An immune system messenger that can help stop the multiplication of viruses.
Researchers and physicians in several countries are focusing on various other existing drugs to examine their potential to treat COVID-19. Chinese authorities, which have been dealing with the virus longer, are recommending Arbidol (umifenovir), which has not been approved in Western countries, as well as old antivirals ribavirin and interferon-alpha. Similarly, Avigan (favipiravir) by Fujifilm has shown promise in the treatment of COVID-19.
As the maximum number of molecules are repurposed drugs that are already approved for other infections and inflammatory diseases, higher stages of development (namely phase 2 trials) hold the largest share. China, along with other Asian countries, holds the largest share of the number of clinical trials being conducted, followed by Europe and the US. Small molecules hold the largest share, followed by monoclonal antibodies and plasma and cell therapy.
AI-powered technologies are making the drug discovery process more efficient and substantially improve success rates at the early stages of drug development. Artificial intelligence algorithms ingest and analyze a vast amount of information and can identify potential drug candidates in lesser time. Such factors will expedite the drug development process.
A breakdown of the primary participants referred to for this report is provided below:
• By Company Type (Supply-side): Tier 1: 29%, Tier 2: 37%, and Tier 3: 34%
• By Category (Demand-side): Pharmaceutical & Biotechnology Companies: 55%, Hospital & Reference Laboratories: 35%, and Academic & Research Institutes: 10%
• By Designation: C-level: 35%, Director-level: 25%, and Others: 40%
• By Region: North America: 35%, Europe: 32%, Asia: 22%, and the RoW: 11%
Some of the major players in the COVID-19 vaccines market include Pfizer Inc. (US), Johnson & Johnson Services, Inc (US), GlaxoSmithKline plc. (UK), Sanofi (France) Serum Institute of India (India), among others. Major players in the COVID-19 drugs market include Gilead Sciences, Inc. (US), Sanofi (France), F. Hoffmann-La Roche Ltd (Switzerland), Merck KGaA (Germany), and Janssen Pharmaceuticals, Inc. (Belgium), among others.
This report describes and studies the global COVID-19 vaccines and drugs market, current pipeline of vaccines and drugs by phase by companies, competitive landscape, a view point on COVID-19 pipeline, the impact of COVID-19 on other vaccines and drugs in the portfolio/other under development vaccines and drugs, macroeconomic indicators (drivers, restraints, new opportunities), post-COVID-19 approval scenario, challenges in approval/production/supply, strategies to overcome challenges, historical examples (SARS, MERS, Ebola, H1N1), new strategies, strategies to ramp up production at pandemic level, historical examples, and new strategies.
Reasons to Buy the Report
The report can help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one, or a combination of the below mentioned five strategies.
This report provides insights into the following pointers:
• Market Penetration: Comprehensive information on the developmental pipeline of the top players in the COVID-19 vaccines and drugs market. The report analyzes the current pipeline of vaccines and drugs by phase by companies, competitive landscape, a view point on COVID-19 pipeline, the impact of COVID-19 on other vaccines, and drugs in the portfolio/other under development vaccines and drugs and regional analysis.
• Product Development/Innovation: Detailed insights on upcoming vaccines and drugs based on innovative technologies, research and development activities, and product launches in the COVID-19 vaccines and drugs market.
• Market Development: Comprehensive information about lucrative markets. The report analyzes the markets for vaccines and drugs across regions.
• Market Diversification: Exhaustive information about developmental products, recent developments, and investments in the COVID-19 vaccines and drugs market.
• Competitive Assessment: In-depth assessment of strategies, products, distribution networks, and manufacturing capabilities of the leading players in the COVID-19 vaccines and drugs market.
TABLE OF CONTENTS
1 INTRODUCTION (Page No. – 10)
1.1 COVID-19 HEALTH ASSESSMENT
1.2 COVID-19 ECONOMIC ASSESSMENT
1.3 COVID-19 IMPACT ON THE ECONOMY—SCENARIO ASSESSMENT
2 COVID-19: DEVELOPMENT OF VACCINES (Page No. – 16)
2.1.1 CURRENT PIPELINE OF VACCINES
2.1.2 COMPETITIVE LANDSCAPE (TOP PLAYERS DEVELOPING VACCINES)
22.214.171.124 Viewpoint on the COVID-19 pipeline
2.1.3 MACROECONOMIC INDICATORS
126.96.36.199.1 Increasing prevalence of infectious diseases
188.8.131.52.2 Growing funding for vaccine development
184.108.40.206.1 High cost of vaccine development
220.127.116.11.2 Drugs and alternate therapies under development
18.104.22.168.3 Compassionate use
22.214.171.124.4 Immunization strategies
126.96.36.199 New opportunities
188.8.131.52.1 Collaborations among global organizations and vaccine manufacturers
184.108.40.206.1 Herd immunity
2.1.4 POST-COVID-19 VACCINE APPROVAL SCENARIO
220.127.116.11 Challenges in vaccine approval/production/supply
18.104.22.168.1 Are companies taking enough advantage of artificial intelligence (AI) to fast track vaccine/drug approval? (medium criticality)
22.214.171.124.2 Can production for pandemics be a challenge? (high criticality)
126.96.36.199.3 The world needs a vaccine but who needs it the most?(medium criticality)
188.8.131.52.4 Global organizations are expediting clinical research, but will site and logistical challenges cause delays?(high criticality)
184.108.40.206 Strategies to overcome challenges
220.127.116.11.1 Collaborations among global organizations
18.104.22.168.2 Establishing reliable supply chains
22.214.171.124.3 Historic examples (SARS, MERS, EBOLA, and H1N1)
126.96.36.199.4 Supply and Demand Issues during H1N1 Vaccination
188.8.131.52.5 Challenges in Supply Projections
184.108.40.206.6 Recommendations from the H1N1 Vaccination Program
220.127.116.11.7 Strategies adopted by several pharmaceutical companies to combat the H1N1 pandemic
18.104.22.168.8 Historic examples
22.214.171.124.9 New strategies
126.96.36.199 COVID-19 VACCINES MARKET (OPTIMISTIC, PESSIMISTIC, AND REALISTIC)
188.8.131.52.1 Market size estimation for optimistic scenario
184.108.40.206.2 Market size estimation for realistic scenario
220.127.116.11.3 Market size estimation for pessimistic scenario
3 COVID-19: DEVELOPMENT OF THERAPEUTIC DRUGS (Page No. – 42)
3.1 COMPETITIVE LANDSCAPE (DRUGS MARKET)
3.1.1 TOP PLAYERS INVOLVED IN THE DEVELOPMENT OF DRUGS FOR COVID-19
18.104.22.168 Sanofi and Regeneron Pharmaceuticals
22.214.171.124 Gilead Science
126.96.36.199 Sanofi and the National Institute of Respiratory Diseases (Mexico)
188.8.131.52 Merck KGaA
184.108.40.206 Janssen Pharmaceuticals
220.127.116.11 Ridgeback Biotherapeutics LP
18.104.22.168 Viewpoint on COVID-19 therapeutic drug pipeline
22.214.171.124 Impact of COVID-19 on other products in the portfolio/other under-development products
3.1.2 MACROECONOMIC INDICATORS
126.96.36.199.1 Alternate therapies targeting COVID-19
188.8.131.52.2 Adoption of organ-on-chip models in the development of drugs targeting COVID-19
184.108.40.206.3 Compassionate use
220.127.116.11.4 Collaborations and other developments promoting COVID-19 drugs
18.104.22.168.1 Herd immunity and new vaccines under development
22.214.171.124.2 Uncertainty in the efficacy and side effects of repurposed malaria drugs targeting COVID-19
126.96.36.199 New opportunities
188.8.131.52.1 Adoption of new tools to expedite drug discovery
184.108.40.206.2 Investments in real-world evidence by pharmaceutical companies
220.127.116.11.1 Changes in ipr to promote the supply of essential drugs and medical supplies
3.1.3 POST COVID-19 DRUG APPROVAL SCENARIO
18.104.22.168 Challenges in drug approval/production/supply
22.214.171.124.1 In the case of treatments being available for COVID-19, will they be available to the people in need? (high criticality)
126.96.36.199.2 Orphan drug status, market exclusivity – boon or bane?(medium criticality)
188.8.131.52.3 The world needs drugs targeting COVID-19. but who needs it the most (high criticality)
184.108.40.206 Strategies to overcome challenges
220.127.116.11.1 Production turbocharge of COVID-19 hopeful drugs
18.104.22.168.2 Accelerated approvals
22.214.171.124.3 Drug manufacturers initiating programs to increase the market access of COVID-19 drugs
126.96.36.199.4 Historic examples (SARS, MERS, EBOLA, and H1N1)
188.8.131.52.5 New strategies
184.108.40.206 Strategies to ramp up production at pandemic level
220.127.116.11.1 Establishing stable supply chains to ramp up production of drugs
18.104.22.168.2 Creating external manufacturing networks
3.1.4 COVID-19 DRUGS MARKET ESTIMATION
22.214.171.124 Epidemiology model (assumption basis)
126.96.36.199 COVID-19 drugs market (optimistic, realistic, & pessimistic scenarios)
188.8.131.52.1 Market size estimation for optimistic scenario
184.108.40.206.2 Market size estimation for realistic scenario
220.127.116.11.3 Market size estimation for pessimistic scenario