Global Viral Vectors And Plasmid DNA Manufacturing Market By Vector Type (Adenovirus, Retrovirus, Adeno-Associated Virus (AAV), Lentivirus, Plasmids, Others), By Applications (Antisense & RNAi Therapy, Gene Therapy, Cell Therapy, Vaccinology, Research Applications), By Disease (Cancer, Genetic Disorders, Infectious Diseases, Others), By End-Use (Pharmaceutical and Biopharmaceutical Companies, Research Institutes) By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Industry Trends and Forecast to 2030.
Global Viral Vectors And Plasmid DNA Manufacturing Market
The Viral Vectors And Plasmid DNA Manufacturing market was valued at USD 5.33 billion in 2022 and is expected to reach USD 19.50 billion by 2030, with a CAGR of 17.26 % during the forecast period 2023-2030.
Plasmid DNA and viral vectors are methods for introducing genetic material into cells. Typically, viral vectors are used as gene therapy vectors. There are many different kinds of vectors, including herpes simplex virus and chimeric viral vectors. These include lentivirus, adenovirus, and adeno-associated virus (AAV). Additionally used as a vector in gene therapy and vaccination, plasmid DNA. There are many different viral vectors that are created using plasmid DNA as their basic material.
Drivers
The development of innovative gene therapies is strongly dependent on high-quality viral vectors and plasmid DNA, which is one of the key reasons driving the market. Additionally, advancements in manufacturing techniques have made it possible to generate viral vectors and plasmid DNA at higher volumes more successfully, while also lowering prices and raising general quality.
Impact of COVID-19
As viral vector-based vaccines may be produced and created reasonably fast with the use of the same building blocks, the ongoing COVID-19 pandemic has prompted investment in this area in quest of a vaccine. Examples of organizations that have created viral vector-based vaccinations include Johnson and Johnson/Janssen (J&J), AstraZeneca/University of Oxford, Gamaleya Research Institute, and CanSino Biologics.
Market Segmentation
Global Viral Vectors And Plasmid DNA Manufacturing Market is segmented into By Vector Type, By Applications, By Disease, By End-Use.
Based on the By Vector Type market is segmented into Adenovirus, Retrovirus, Adeno-Associated Virus (AAV), Lentivirus, Plasmids, Others. Further market is segmented into By Applications market is segmented into Antisense & RNAi Therapy, Gene Therapy, Cell Therapy, Vaccinology, Research Applications. By Disease market is segmented into Cancer, Genetic Disorders, Infectious Diseases, Others. By End-Use market is segmented into Pharmaceutical and Biopharmaceutical Companies, Research Institutes.
Regional Analysis
Global Viral Vectors And Plasmid DNA Manufacturing Market is segmented into five main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America dominates the Viral Vectors And Plasmid DNA Manufacturing market. The existence of a sizable number of centers and institutes involved in the R&D of advanced medicines is one of the key factors that has contributed to the huge share of this regional market. The federal agencies' investments in the region's cell therapy research base are expected to boost the market's expansion in North America.
Key Players.
Various key players are listed in this report such as Merck KGaA, FUJIFILM Diosynth Biotechnologies, Thermo Fisher Scientific, Catalent Inc., Wuxi Biologics, Takara Bio Inc., Waisman Biomanufacturing, Genezen laboratories, Batavia Biosciences, Miltenyi Biotec GmbH.
Market Taxonomy
By Vector Type
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