Press release
Recombinant DNA (rDNA) Technology Market Sees Promising Growth during 2018-2023 by Key Players are F. Hoffmann-La Roche, Monsanto
HTF Market Report released a new research document of 180 pages on industry titled as 'Recombinant DNA (rDNA) Technology - Global Market Outlook (2017-2023)' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Germany, Rest of Europe, Asia Pacific, South America, Middle East & Africa and important players/vendors such as DNA (rDNA) Technology market are F. Hoffmann-La Roche Ltd, Monsanto Company The report will help you gain market insights, future trends and growth prospects for forecast period of 2017-23According to HTF , the Global Recombinant DNA (rDNA) Technology Market is accounted for $499.8 million in 2016 and expected to grow at a CAGR of 6.9% to reach $799.9 million by 2023.
Factors influencing the market growth are rise in Genetically Modified (GM) crop, development of biofuel and biopesticides, presence of biopharmaceuticals pipeline and production of various therapeutic proteins. Lack of government funding for research and development in emerging economies, risks involved in usage of genetically modified food and regulatory & ethical challenges associated with gene therapy are hampering the market growth.
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Based on component, the Expression systems are used for the production of protein from recombinant DNA molecules. Majorly used expression systems are mammalian, bacterial, insects, and yeast. Development of cell lines such as HEK293 and Chinese Hamster Ovarian (CHO) has contributed to the significant share of mammalian expression system. Further, , ongoing research to explore the prospective of plant as expression system are expected to underpin the adoption of plans expression system for Genetically Modified product development in the future. Furthermore, more than 3000 scientific studies have been carried out to assess the GM products safety in context to its impact on human health and environment.
Based on application, Agricultural plants are one of the most frequently cited cases of genetically modified organisms. Some benefits of genetic engineering in agriculture are increased crop yields, reduces cost for food or drug production, limited need for pesticides, enhanced nutrient composition and food quality, resistance to pests and disease, with enormous food security, and medical benefits. The advantage of recombinant DNA technology is that new combinations of genes are determined in the forefront. GE has also been used against crop pathogens. One of the first and most successful genetically modified crops was a papaya with resistance to ringspot virus. Another example includes the development of bananas resistant to wilt in Uganda.
North America accounted for the maximum share of the market which attributes to a affluent number of biopharmaceutical manufacturing companies are situated in the U.S. In July 2017, U.S witnessed the 1st FDA approval for gene therapy treatment. The treatment was developed for leukemia disorder, in conjugation between the University of Pennsylvania and Novartis Corp. This, in turn, furtherance the enact of rDNA techniques in the region. Asia Pacific is expected to be the fastest growing market. Clinical trials in Asian countries such as India and China are less expensive compared to other regions which made migration of several biopharmaceutical developers towards this region.
Some of the key players in Global Recombinant DNA (rDNA) Technology market are F. Hoffmann-La Roche Ltd, Monsanto Company, Amgen Inc, Biocon, Biogen, Eli Lilly and Company, GenScript, GlaxoSmithKline plc, Horizon Discovery Group PLC, Merck & Co, New England Biolabs., Novartis AG, Novo Nordisk A/S, Pfizer Inc and Profacgen.
Components Covered:
• Cloning Vector
o Phage
o Bacterial Artificial Chromosome (BAC)
o Human Artificial Chromosome (HAC)
o Yeast Artificial Chromosome (YAC)
o Cosmid
o Plasmid
• Expression System
o Baculovirus/Insect
o Bacteria
o Mammalian
o Yeast
o Other Expression System
Products Covered:
• Non-medical
o Specialty Chemicals
o Biotech Crops
o Other Non-Medical Technology
• Medical
o Human Protein
o Therapeutic Agent
o Vaccine
Applications Covered:
• Health & Disease
o Human
o Animal
• Food & Agriculture
• Environment
• Other Applications
End Users Covered:
• Academic & Research Institutes
• Pharmaceutical & Biotech Entities
• Other End Users
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Regions Covered: North America, Germany, Rest of Europe, Asia Pacific, South America, Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/770332-recombinant-dna
1 Executive
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
....Continued
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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