Viral Vector & Plasmid DNA Manufacturing Market worth US$ 2,247.7 million by 2027 - Exclusive Report by The Insight Partners

According to The Insight Partners market research study of ‘Viral Vector & Plasmid DNA Manufacturing Market to 2027 – Global Analysis and Forecast by Product, and Application,’.

Brammer Bio, Sanofi, Cardinal Health Inc., FUJIFILM Diosynth Biotechnologies, Cell and Gene Therapy Catapult, Cobra Biologics, FinVector, Kaneka Eurogentec S.A., MassBiologics, Spark Therapeutics, and Uniqure are among the leading companies operating in the viral vector & plasmid DNA manufacturing market.

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Highlights the following key factors:

1) Business Description - A detailed description of the company's operations and divisions.

2) Corporate Strategy - Analysts' summary of the company's business strategy.

3) SWOT Analysis - A detailed analysis of the company's strengths, weaknesses, opportunities and threats.

4) Company History - History of important events related to the company.

5) Major Products and Services - A list of the company's major products, services, and brands.

6) Main Competitors - A list of the company's main competitors.

7) Wichtige Standorte und Tochtergesellschaften – Eine Liste und Kontaktdaten der wichtigsten Standorte und Tochtergesellschaften des Unternehmens.

Driving Factors:

The viral vector & plasmid DNA manufacturing market is expected to grow owing to factors such as growing awareness of gene therapy and increasing prevalence of genetic disorders and infectious diseases across the world. Additionally, growth of the global healthcare market is likely to have a positive impact on the market in the coming years.

Segmentation:

Based on Product, the global viral vector & plasmid DNA manufacturing market is segmented into viral vectors and non-viral vectors. The viral vectors segment held the largest share of the market in 2019owing to the rising preference for viral vectors in gene transfer is evident by the increase in number of clinical trials on viral vector-mediated gene therapy and rising in number of initiative taken by market players. Moreover, effective gene delivery, high transfection efficiency, and stable gene expression have made viral vectors a preferred choice for gene transfer. For instance, in 2019, around 372 clinical trials were registered that involved vector-mediated gene therapy production.

Product Insights: Based on product, the viral vector & plasmid DNA manufacturing market is segmented into viral vectors and non-viral vectors. The viral vectors segment held the larger share of the market in 2019, owing to the factor that these are used in basic research, gene therapy, and vaccine preparation.

Strategic Insights: Product launch and expansion are commonly adopted by companies to expand their footprint and product portfolio worldwide in order to meet the growing demand. The market players operating in the viral vector & plasmid DNA manufacturing market adopt the strategy of collaboration and partnership to enlarge customer base across the world, which also permits the players to maintain their brand name in the global market.

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This release was published on openPR.