Viral Vectors and Plasmid DNA Manufacturing Market Size And Forecast
The Global Viral Vectors and Plasmid DNA Manufacturing Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2031.
Viral vectors are vehicles for delivering genetic material into cells. Viruses have developed specific systems for transporting their DNA inside the cells they infect. Retrovirus, adenovirus, lentivirus, adeno-associated virus, and herpes simplex virus are among the viral vectors that can be employed to transfer nucleic acids into the genetic composition of cells. For specific uses, each virus has its own set of advantages and disadvantages. Plasma DNA is a mixture of DNA extracted from various cells and organs.
It’s a self-replicating microbial smaller, circular, and extrachromosomal DNA used in genetic engineering and recombinant DNA technologies. Plasma DNA includes high-quality plasmid DNA, non-GMP grade plasmid DNA, and GMP grade plasmid DNA. In the GMP-compliant manufacture of recombinant viruses, antibodies, and RNA, high-quality plasmid DNA is used.
Global Viral Vectors and Plasmid DNA Manufacturing Market: Scope of the Report
This report provides an all-inclusive environment of the analysis for the Global Viral Vectors and Plasmid DNA Manufacturing Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Global Viral Vectors and Plasmid DNA Manufacturing Market growth.
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Global Viral Vectors and Plasmid DNA Manufacturing Market: Report Scope
Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Global Viral Vectors and Plasmid DNA Manufacturing Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Global Viral Vectors and Plasmid DNA Manufacturing Market.
Reason For Growth
The market for viral vectors and plasmid DNA manufacturing is developing due to an increasing number of patients opting for gene therapy. Gene therapy is a rapidly growing branch of medicine that promises to produce novel treatments for individuals suffering from a variety of diseases. Genetically modified medicines, such as genetic problems and certain viral infections, have emerged as a viable therapy option for a variety of diseases (mostly those for which there is presently no cure). The demand for plasmid DNA is growing as a result of the boom in gene therapy development.
The creation of AAV (adeno-associated virus), lentivirus, and other viral vector platforms requires pDNA. Several genetic abnormalities and infectious diseases are on the rise all over the world. According to UNAIDS figures, 38.0 million people worldwide were living with HIV in 2019, and 1.7 million people were newly infected with the virus. Manufacturing challenges associated with large-scale vector production may limit the market’s growth.The global healthcare business has experienced an increase in the availability of technologically advanced healthcare equipment as a result of increased investments by healthcare stakeholders in supplying innovative care delivery models, sophisticated digital technologies, and many other things.
This has contributed in the creation of a complex global health ecosystem.The growing healthcare infrastructure will open up new prospects in the industry, increasing demand for viral vectors and plasmid DNA around the world.
Global Viral Vectors and Plasmid DNA Manufacturing Market: Competitive Landscape
The market analysis entails a section solely dedicated for major players in the Global Viral Vectors and Plasmid DNA Manufacturing Market wherein our analysts provide an insight to the financial statements of all the major players along with its key developments product benchmarking and SWOT analysis. The company profile section also includes a business overview and financial information. The companies that are provided in this section can be customized according to the client’s requirements.
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Global Viral Vectors and Plasmid DNA Manufacturing Market, By Product
• Plasmid DNA
• Viral Vectors
Plasmid DNA and Viral Vectors are the two types of products in the market. In 2020, Viral Vector had the biggest market share, and it is expected to increase at a long-term CAGR of 14.89 percent throughout the forecast period. Viral vectors are used to deliver genomic information to cells. Lentivirus, retrovirus, adenovirus, adeno-associated virus, and herpes simplex virus are examples of viral vectors that can be used to introduce nucleic acids into the genetic makeup of cells.
Global Viral Vectors and Plasmid DNA Manufacturing Market, By Application
• Cancers
• Inherited Disorders
• Viral Infections
• Others
The market has been categorised into Cancer, Inherited Disorders, Viral Infections, and Others based on application. In 2020, cancer had the greatest market share, and it is expected to increase at a long-term CAGR of 16.16 percent throughout the forecast period. Inherited Disorder was the second-largest market in 2020, with a long-term CAGR of 8%.
Global Viral Vectors and Plasmid DNA Manufacturing Market, By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Latin America
o Middle East & Africa
On the basis of geographical analysis, the global Viral Vectors and Plasmid DNA Manufacturing market is divided into seventeen regions. The countries in concern include Mexico, Germany, the United Kingdom, France, Asia Pacific, Canada, China, Japan, the United States, India, the Rest of Asia Pacific, Europe, the Rest of the World, Latin America, the Middle East and Africa, North America, and the Rest of Europe.
In 2020, North America had the biggest market share, while Europe was the second-largest market. The increase in viral vector and plasmid DNA manufacturing in the United States is primarily owing to the huge number of generic pharmaceuticals in development, which has increased demand for viral vector manufacturing. The Contract Development And Manufacturing Organization (CDMO) is becoming increasingly important in the viral vector for manufacturing vaccines, medicines, and associated treatments.
Global Viral Vectors and Plasmid DNA Manufacturing Market, Key Players
• BioReliance
• Lonza
• Cobra Biologics
• UniQure
• FinVector
• Oxford BioMedica
• Richter-Helm
• MolMed
• FUJIFILM Diosynth Biotechnologies
• MassBiologics
• VGXI
• PlasmidFactory
• Aldevron
• Biovian
• Cell and Gene Therapy Catapult
• Brammer Bio
• Eurogentec
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