Research and Markets: Market Opportunities in Biodefense
Research
DUBLIN, Ireland, Aug 5, 2004 (BUSINESS WIRE) -- Biodefense Research: the
Total Market Could Reach as High as $50 Billion within the Next Few Years
Research and Markets (http://www.researchandmarkets.com)
has announced the addition of Market Opportunities in Biodefense Research to
their offering.
Biodefense research represents one of the fastest growing markets for life
science suppliers. Billions of dollars are being invested to support basic
research on potential agents of bioterrorism as well as the development of
vaccines, diagnostic tests and therapies to detect and counter the effects
of a bioterrorist attack. In fact, when the budget allocated to the
Department of Health and Human Services as well as the expenditures of other
agencies, private institutions and corporations related to biodefense are
considered, the total market could reach as high as $50 billion within the
next few years. Despite this investment, relatively few tools and techniques
are specifically designed for biodefense research, often leaving researchers
to adapt products and methodologies currently designed for other uses.
Looking at the entire market potential, Market Opportunities in Biodefense
Research not only reflects the experiences and opinions of over 265
scientists who are currently engaged in biodefense research, but also over
235 scientists who plan to conduct biodefense research within the next year.
It provides a thorough analysis of the commercial opportunities in this
market, including the rate at which new researchers are entering the field
and barriers to adoption as well as the most commonly studied diseases
and/or bioterrorism agents, approaches and techniques used and sources of
funding. Respondents also disclosed unmet needs and identified areas where
companies can focus their efforts to capture market share. With the
appropriate research tools, scientists will be able to develop the tools for
diagnosis, treatment, and prevention that will improve the response to
future bioterrorist attacks, as well as help deter the ravages of infectious
disease outbreaks.
The major objectives of this report are as follows:
- Understand the overall objectives and specific targets of
biodefense research in the U.S.
- Identify predominant tools and techniques employed in biodefense
research to support market segmentation analysis
- Measure the rate of growth of biodefense research as a defined
market within the life science industry
- Describe current obstacles encountered by scientists and
technological developments required to advance biodefense research
- Highlight opportunities for life science suppliers to establish
themselves as credible suppliers of research products to the biodefense
market
For more information visit
http://www.researchandmarkets.com/reports/c3526
SOURCE: Research and Markets
Research and Markets
Laura Wood
Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com
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