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