Viral Vector Production (Research-use) Market By Product and Service, By Application, By End User and Region: Global Industry Analysis, Share, Opportunity, Competition and Forecast 2021 to 2027 -Merck KGaA, Lonza, FUJIFILM Diosynth Biotechnologies U.S.A.,

The Viral Vector Production (Research-use) Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Viral Vector Production (Research-use) Market Size is Projected to Reach at a CAGR of 19% during 2021-2026.

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Top Leading Companies:

Merck KGaA, Lonza, FUJIFILM Diosynth Biotechnologies U.S.A., Inc., Cobra Biologics Ltd., Thermo Fisher Scientific, Waisman Biomanufacturing, Genezen, YPOSKESI, Advanced BioScience Laboratories, Inc. (ABL, Inc.), Novasep Holding S.A.S, Orgenesis Biotech Israel Ltd (formerly ATVIO Biotech ltd.), Vigene Biosciences, Inc., General Electric Company (GE Healthcare), CEVEC Pharmaceuticals GmbH, Batavia Biosciences B.V., Biovion oy, Wuxi AppTec Co., Ltd., VGXI, Inc., Catalent Inc., Miltenyi Biotec GmbH, SIRION Biotech GmbH, Virovek Incorporation, BioNTech IMFS GmbH, VIVEbiotech S.L., Creative Biogene, Vibalogics GmbH, Takara Bio., Cell and Gene Therapy Catapult, BlueBird Bio, Addgene, Inc., Aldevron, L.L.C., Audentes Therapeutics, BioMarin Pharmaceutical, RegenxBio, Inc.

Recent Developments

In January 2021, Fujifilm Corporation announced plans to invest USD 40 million, which will be used to establish a new processing facility for viral vector manufacturing and associated research.
In December 2020, Shape Therapeutics launched an innovative capsid discovery platform designed to improve the delivery and safety of gene therapies. The platform could generate adeno-associated virus (AAV) vectors that are tissue-specific.

Thermo Fisher Scientific has acquired 64 companies, including 16 in the last 5 years. A total of 22 acquisitions came from private equity firms. It has also divested 8 assets. Thermo Fisher Scientific’s largest acquisition to date was in 2021 when it acquired Pharmaceutical Product Development for $17.4B. Its largest disclosed sale occurred in 2019 when it sold Thermo Fisher Scientific - Anatomical Pathology Business to PHC Holdings for $1.1B. Thermo Fisher Scientific has acquired in 15 different US states, and 16 countries. The Company’s most targeted sectors include life science (36%) and medical products (18%).

Merck KGaA's CEO said the German company will hold off any big acquisitions until 2022 so it can prioritize reducing debt incurred by the €5.8 billion takeovers of Versum Materials Inc. The company acquired Tempe, Ariz.-based Versum in October 2019, making the performance materials company a part of its semiconductor business unit. Darmstadt, Germany-based Merck said synergies from the Versum deal are anticipated to be €75 million as of 2022. In the wake of the acquisition, the company is prioritizing organic growth while rapidly lowering its debt.

Viral Vector Production (Research-use) Market Segmentation by Type:

Adeno-associated virus (AAV)
Lentivirus
Adenovirus
Retrovirus
Others

Viral Vector Production (Research-use) Market Segmentation by Application:

Cell & Gene Therapy Development
Vaccine Development
Biopharmaceutical and Pharmaceutical Discovery
Biomedical Research

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North America Dominates the Market and the Region is Expected to Follow the Same Trend in the Future As Well

North America currently dominates the market

North America currently dominates the market for viral vector manufacturing and is expected to continue its stronghold for a few more years. In the United States, regulatory encouragement and patient advocacy have pushed rare disease clinical research to the centre stage. The significant incentives on offer through the Orphan Drugs Act (United States) have encouraged pharmaceutical and biotechnology companies to consider the development of rare disease medicines as a potentially profitable venture. Many companies have been expanding their facilities and investing a significant amount of capital in the region. For example, in April 2020, Merck KgaA and its subsidiary MilliporeSigma announced plans to spend USD 110 million to open a second viral vector facility at its Carlsbad, California facility. The projected expansion was expected to double the company’s gene therapy manufacturing capacity. 

Regional Viral Vector Production (Research-use) Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Viral Vector Production (Research-use) Market Report:

Detailed overview of Viral Vector Production (Research-use) Market
Changing the Viral Vector Production (Research-use) market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Viral Vector Production (Research-use) market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Viral Vector Production (Research-use) Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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