Lentiviral Vector Market to Receive Overwhelming Growth CAGR of 11.9% by 2030, Size, Share, Global Industry Trends, Future Growth

Being a detailed market research report,  Lentiviral Vector Market document furnishes the business and gives competitive advantage. This market research report brings into picture comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market for Healthcare industry. This market report gives clear idea about strategic analysis of mergers, expansions, acquisitions, partnerships, and investment. The world class Lentiviral Vector Market report also lends a hand to know about the types of consumers, their response and views about particular products, and their thoughts for the step up of a product.

An all inclusive Lentiviral Vector Market report evaluates the rising trends along with major drivers, challenges and opportunities in the market. This market research report brings into focus strategic analysis of mergers, expansions, acquisitions, partnerships, and investment. This market research report comprises of fundamental, secondary and advanced information related to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2022 - 2029. Lentiviral Vector Market research report acts as a useful source for both customary and emerging market player in the industry and provides in detail market insights.

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Data Bridge Market Research analyses that the lentiviral vector market which is USD 10.30 million in 2022, is expected to reach USD 25.32 million by 2030, at a CAGR of 11.9% during the forecast period 2023 to 2030. 

Lentiviral vectors (LV) are effective vehicles for gene transfer in mammalian cells because of their ability to stably express a gene of interest in both non-dividing and dividing cells. Lentiviruses are human and animal pathogens with long incubation periods and persistent infection. The time between the initial infection and the appearance of the first symptoms can be months or years. Molecular biologists frequently use viral vectors to deliver genetic material into cells. The procedure can be performed in vivo (within a living organism) or cell culture (in vitro). Viruses have evolved specialized molecular mechanisms to efficiently transport their genomes inside the cells they infect.

Lentiviral Vector Market Dynamics

Drivers

Increasing research and development activities

Various manufacturers are conducting R&D for novel lentiviral gene therapies, which is expected to drive growth in the global lentiviral vectors market. For instance, AVROBIO, Inc., a clinical-stage gene therapy company, presented pre-clinical data for AVR-RD-03 for Pompe disease on May 14, 2020. The research demonstrated the efficacy of lentiviral gene therapy for Pompe disease manifestations in the muscle and central nervous system (CNS).

Increasing agreements and collaborations

The lentiviral vectors market is expected to grow due to key players focusing on various inorganic growth strategies such as agreements and collaborations. For instance, bluebird bio, Inc. signed a licence agreement with Novartis Pharma AG in May 2017. Novartis will non-exclusively licence certain bluebird patent rights related to lentiviral vector technology in order to develop and commercialise oncology therapies.

Some of the major players operating in the lentiviral vector market are:

Cobra Biologics Limited (U.K.)
Sirion-Biotech GmbH (Germany)
Merck KGaA (Germany)
FinVector Oy (Finland)
Oxford Biomedica (U.K.)
OriGene Technologies, Inc. (U.S.)
Sino Biological Inc. (China)
Cell Biolabs, Inc. (U.S.)
Batavia Biosciences B.V. (Netherlands)
Lonza (Switzerland)
GENEMEDI (China)
Takara Bio Inc. (Japan)
Thermo Fisher Scientific Inc. (U.S.)
Waisman Biomanufacturing (U.S.)
Cytiva (U.S.)
Global Lentiviral Vector Market Scope

The lentiviral vector market is segmented on the basis of component, type, generation, workflow, delivery method, disease indication, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

Lentiviral promoter
Lentiviral fusion tags
Lentivirus packaging systems
Other

 Type

Product
Services

 Generation

4th-generation
3rd-generation
2nd-generation
1st-generation

Delivery Method

In Vivo
Ex Vivo

Disease Indication

Cancer
Genetic Disorders
Infectious Diseases
Veterinary Disease
Other

 Application

Gene Therapy
Vaccinology

 End User

Biotechnology Companies
Pharmaceutical Companies
Contract Research Organizations Contract Development
Manufacturing Organization (CDMO)
Academic/Research Institutes

Workflow  

Upstream
Plasmid Manufacturing
Cell Expansion
Plasmid Transfection and Viral Vector Production
Downstream
Purification
Fill and finish

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