Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.49 Billion | USD 22.29 Billion | 16.85% | 2023 |
The global viral vectors and plasmid DNA manufacturing market size was worth around USD 5.49 billion in 2023 and is predicted to grow to around USD 22.29 billion by 2032 with a compound annual growth rate (CAGR) of roughly 16.85% between 2024 and 2032.
The report covers a forecast and an analysis of the viral vectors and plasmid DNA manufacturing market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion). The study includes drivers and restraints for the viral vectors and plasmid DNA manufacturing market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the viral vectors and plasmid DNA manufacturing market on a global level.
Viral vectors are modified viruses used for delivering genetic materials to cells so that they can be manipulated for therapeutic purposes. They prevent new genes from degrading by delivering gene castle to targeted cells, and hence, the targeted cells use new genes to perform their required functions. Plasmid DNA genes are used as a tool for cloning, transferring, and manipulating genes. Some prominent qualities of plasmids include ease of working, self-replicating, and stability. These vectors were primarily used for understanding gene function and investigating RNAs and promoters, among other genetic materials.
The study provides a decisive view of the viral vectors and plasmid DNA manufacturing market by segmenting the market based on product type, application, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By product type, the market is segmented into viral vectors and plasmid. The viral vectors are further segmented into a retrovirus, lentiviruses, adenoviruses, adeno-associated viruses, and others. The plasmid segment includes DNA conjugative plasmids and non-conjugative plasmids.
By application, the market for viral vectors and plasmid DNA manufacturing is segmented into gene and cancer therapies, viral infections, immunotherapy, formulation development, and others.
By end-user, the market is segmented into biotechnology companies, research institutes, hospitals, and others.
Report Attributes | Report Details |
---|---|
Report Name | Viral Vectors and Plasmid DNA Manufacturing Market Research Report |
Market Size in 2023 | USD 5.49 Billion |
Market Forecast in 2032 | USD 22.29 Billion |
Growth Rate | CAGR of 16.85% |
Number of Pages | 120 |
Key Companies Covered | Vigene Biosciences Inc., Lonza, FinVector Vision Therapies, Kaneka Corporation (Eurogentec), VGXI Inc., VIROVEK, SIRION Biotech GmbH, Cobra Biologics, Novasep, FUJIFILM Diosynth Biotechnologies Inc., Spark Therapeutics Inc., Genzyme Corporation, ALDEVRON, Brammer Bio, Oxford Gene Technology, and General Electric Company (GE Healthcare), among others. |
Segments Covered | By Product Type, By Application, By End-User, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further division into major countries including the U.S., Rest of North America, UK, Germany, France, Italy, Spain, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, Brazil, Rest of Latin America, GCC Countries, South Africa, and Rest of the Middle East and Africa. This segmentation includes the demand for viral vectors and plasmid DNA manufacturing market based on individual product type, application, and end-user in all the regions and countries.
By Product Type
By Application
By End-User
By Region
FrequentlyAsked Questions
Viral vectors are modified viruses used for delivering genetic materials to cells so that they can be manipulated for therapeutic purposes.
According to study, the global viral vectors and plasmid DNA manufacturing market size was worth around USD 5.49 billion in 2023 and is predicted to grow to around USD 22.29 billion by 2032.
The CAGR value of viral vectors and plasmid DNA manufacturing market is expected to be around 16.85% during 2024-2032.
North America has been leading the global viral vectors and plasmid DNA manufacturing market and is anticipated to continue on the dominant position in the years to come.
The global viral vectors and plasmid DNA manufacturing market is led by players like Vigene Biosciences Inc., Lonza, FinVector Vision Therapies, Kaneka Corporation (Eurogentec), VGXI Inc., VIROVEK, SIRION Biotech GmbH, Cobra Biologics, Novasep, FUJIFILM Diosynth Biotechnologies Inc., Spark Therapeutics Inc., Genzyme Corporation, ALDEVRON, Brammer Bio, Oxford Gene Technology, and General Electric Company (GE Healthcare), among others.
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