Viral Vectors & Plasmid DNA Manufacturing Market Size to Hit Around US$ xx bn by 2030

The Viral Vectors & Plasmid DNA Manufacturing market was valued at USD 1060.73 million in 2021 and is projected to reach US$ 4286.79 million by 2030, growing at a CAGR of 16.8% from 2022 to 2030.

Viral Vectors and Plasmid DNA Manufacturing

Download Exclusive Sample of Report@ https://www.precedenceresearch.com/sample/1012

The robust pipeline for gene therapies and viral-vector-based vaccines has primarily driven the market.

Amidst the COVID-19 pandemic, the demand for viral vectors has rapidly increased especially in vaccinology. This led to expanding manufacturing capabilities by operating players to meet the growing demand. The application of these vectors in vaccine development has witnessed significant growth in 2021.

Also, an increase in the number of gene therapy-based discovery programs initiated by biotechnology and pharmaceutical companies is expected to drive the demand for scalable production of gene therapy vectors. Owing to this, several private and public agencies are providing funds to accelerate advancements in the manufacturing processes for viral vectors.

Besides, the implementation of single-use technology can lead to significant savings in capital, operating costs, materials, and labor. The use of this equipment will enhance efficiency and improve flexibility, leading to high yields of the final product. Thus, advancements in single-use technology directly impact revenue growth in this space.

Scope of the Viral Vectors & Plasmid DNA Manufacturing Market

Report Highlights Details
Market Size by 2030 USD 4286.79 million
Growth Rate CAGR of 16.8% From 2022 to 2030
Base Year 2021
Historic data 2017 to 2021
Forecast Period 2022 to 2030
Segments Covered Vector Type, Application, Workflow, End-User, Disease
Regional Scope Asia Pacific, North America, Europe, Latin America, Middle East and Africa
Companies Mentioned BioReliance, Aldevron, Eurogentec, Cobra Biologics, Lonza, MassBiologics, FUJIFILM Diosynth Biotechnologies, WuXiAppTec

Report Highlights

  • Presently, around two-thirds of the gene therapy research is dedicated to oncology. These different facts have backed the governance of cancer segment over other disease segments
  • Extensive progress made in gene and cell therapy research since the early 1970s and 1980s has accelerated the adoption rate of plasmids and viral vectors for their use in these modern therapies
  • Pharmaceutical and biopharmaceutical companies are expected to collect major share of the global vector market. This is because of the effective launch of viral vector gene therapies and a vigorous pipeline of such therapies that helps growth of pharmaceutical and biopharmaceutical companies during near future.
  • Presently, U.S. and Europe have seemed as vector manufacturing centers despite of the fact that the first 3 gene therapy candidates were granted in Asian countries

Regional Snapshots

About 68% of the total international active clinical studies for gene therapies are proceeding in North America despite of the fact that the first 3 gene therapy candidates (Oncorine®, Gendicine® andRexin-G®) were accepted in Asia Pacific. During coming years, Asia Pacific is anticipated to grow at the fastest pace viral vector manufacturing market. Spurring research activities to unveil innovative gene therapies in the unexploited markets of this region are projected to support this tremendous growth in near future.

Some of the significant players in the viral vectors & plasmid DNA manufacturing market include:

  • Novasep
  • Aldevron
  • MerckWaismanBiomanufacturing
  • Creative Biogene
  • The Cell and Gene Therapy Catapult
  • Cobra Biologics
  • uniQure N.V.
  • Addgene
  • FUJIFILM Holdings Corporation
  • Oxford Biomedicaplc
  • Takara Bio Inc.

Ask Here For More Customization Study@ https://www.precedenceresearch.com/customization/1012

Segments Covered in the Report

This research report estimates revenue growth at global, regional, and country levels and offers an analysis of present industry trends in everysub-segment from 2016 to 2027. This research study analyzes market thoroughly by classifying global viral vectors & plasmid DNA manufacturing market report on the basis of different parameters including type of vector, application, workflow, end users, disease, and region:

By Vector Type

  • Adenovirus
  • Plasmid DNA
  • Lentivirus
  • Retrovirus
  • AAV
  • Others

By Application

  • Gene Therapy
  • Antisense &RNAi
  • Cell Therapy
  • Vaccinology

By Workflow

  • Upstream Processing
    • Vector Recovery/Harvesting
    • Vector Amplification & Expansion
  • Downstream Processing
    • Fill-finish
    • Purification

By End-User

  • Biopharmaceutical and Pharmaceutical Companies
  • Research Institutes

By Disease

  • Genetic Disorders
  • Cancer
  • Infectious Diseases
  • Others

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Why should you invest in this report?

If you are aiming to enter the global Viral Vectors & Plasmid DNA Manufacturing market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Viral Vectors & Plasmid DNA Manufacturing market are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Buy Exclusive Report@ https://www.precedenceresearch.com/checkout/1012

About Us

Precedence Research is a Canada/India based company and one of the leading providers of strategic market insights. We offer executive-level blueprints of markets and solutions beyond flagship surveys. Our repository covers consultation, syndicated market studies, and customized research reports. Through our services we aim at connecting an organization’s goal with lucrative prospects globally.

From gauging investment feasibility to uncovering hidden growth opportunities, our market studies cover in-depth analysis, which also is interspersed with relevant statistics. Recommendation are often enclosed within our reports with the sole intent of enabling organizations achieve mission-critical success.

Contact Us:                  

Precedence Research

Apt 1408 1785 Riverside Drive Ottawa, ON, K1G 3T7, Canada

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Leave a Reply

Your email address will not be published. Required fields are marked *