Viral Vector Manufacturing Market Report 2022-2027 Size, Share, Industry Trends, Analysis, Growth and Forecast | IMARC Group

According to the latest report by IMARC Group, titled "Global Viral Vector Manufacturing Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", the global viral vector manufacturing market reached a value of US$ 746.6 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3,162.5 Million by 2027 exhibiting a CAGR of 25.40% during 2022-2027.

Viral vector is the tool for delivering genetic materials into target cells in the field of genetics, vaccinology, and molecular biology. It is used by biologists as a way of replacing malfunctioning genes for curing genetic materials into cells. Viral vector is also exploited for discovering various therapeutic areas as it is manufactured from viruses and animals or insect cell cultures. It aims to target and kill tumor cells, and assist in treating diseases, including metabolic and neurodegenerative disorders. In recent years, viral vector manufacturing has gained prominence due to the rising instances of genetic disorders occurring from gene mutation and defective chromosomes in the body.

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Viral Vector Manufacturing Market Trends and Drivers:

The viral vector manufacturing market is primarily driven by the rising demand for several clinical trials due to the prevalence of genetic and infectious diseases and cancer. In addition, the growing consumption of alcohol and sedentary lifestyles of individuals is also fueling the market growth.

Besides this, the viral vector is increasingly utilized to discover novel drug delivery as it is an efficient carrier of virus-disabling sequences. It also delivers HIV-inhibiting transgenes to human hematopoietic stem cells (HSCs), thereby escalating the demand for viral vector manufacturing.

Furthermore, the rising demand for advanced clinical treatments and the launch of campaigns by governments to generate awareness about viral vector vaccines among individuals are also anticipated to facilitate market growth in the upcoming years.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Viral Vector Manufacturing Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Cognate BioServices Inc. (Charles River Laboratories International Inc.), F. Hoffmann-La Roche AG, FinVector Oy, FUJIFILM Holdings Corporation, Kaneka Eurogentec S.A. (Kaneka Corporation), Lonza Group AG, Merck KGaA, Oxford Biomedica plc, REGENXBIO Inc., Sanofi S.A., Thermo Fisher Scientific Inc. and uniQure N.V.

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The report has segmented the market on the basis of region, type, disease, application and end user

Breakup by Type:
• Adenoviral Vectors
• Adeno-associated Viral Vectors
• Lentiviral Vectors
• Retroviral Vectors
• Others

Breakup by Disease:
• Cancer
• Genetic Disorders
• Infectious Diseases
• Others

Breakup by Application:
• Gene Therapy
• Vaccinology

Breakup by End User:
• Pharmaceutical and Biopharmaceutical Companies
• Research Institutes

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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