Press release
Viral Vectors and Plasmid DNA Manufacturing Market to Reach USD 4.97 billion by 2027, Driven by Impressive 24.9% CAGR: AMR
Viral Vector and Plasmid DNA Market
The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
๐๐จ๐ฏ๐ข๐-๐๐ ๐ฌ๐๐๐ง๐๐ซ๐ข๐จ-
โข To combat the novel corona virus, several viral vectors, nucleic acid-based vaccines and antigen-presenting cells are the in pre-clinical development which, in turn, has boosted the global market.
โข Also, the fact that viral vectors and plasmid DNA have the potential reduce cost of treatment and help decrease repeated administration of medications is expected to keep the demand for gene therapy constant.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐:
https://www.alliedmarketresearch.com/request-sample/2681
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ข๐ซ๐๐ฅ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ฅ๐๐ฌ๐ฆ๐ข๐ ๐๐๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ?
Increase in funding for R&D activities, surge in awareness regarding gene therapy, and rise in prevalence of cancer, viral infections, and genetic disorders drive the growth of the global viral vectors and plasmid DNA manufacturing market. On the other hand, high cost of gene therapies and risk of mutagenesis and other impediments impede the growth to certain extent. However, upsurge in demand for synthetic genes and untapped markets in developing economies are anticipated to pave the way for lucrative opportunities in the industry.
๐๐จ๐ฉ ๐๐ข๐ซ๐๐ฅ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ฅ๐๐ฌ๐ฆ๐ข๐ ๐๐๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
โข Catalent Pharma Solutions
โข Fujifilm Holdings Corporation
โข F. Hoffmann-LA Roche Ltd.
โข Johnson & Johnson
โข Sanofi Corporation
โข 4D Molecular Therapeutics
โข Sirion Biotech GmbH
โข Voyager therapeutics
โข Thermo Fisher Scientific, Inc.
โข Cognate BioServices, Inc.
๐๐ข๐ซ๐๐ฅ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ฅ๐๐ฌ๐ฆ๐ข๐ ๐๐๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ง ๐๐ ๐๐จ๐ง๐ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ฌ๐๐ฏ๐๐ซ๐๐ฅ ๐๐๐๐ญ๐จ๐ซ๐ฌ,
Based on product, the viral vectors segment contributed to more than two-thirds of the global viral vectors and plasmid DNA manufacturing market revenue in 2019 and is expected to retain its dominance throughout the forecast period, owing to rise in prevalence of cancer. Simultaneously, the plasmid DNA segment is projected to grow at the fastest CAGR of 26.7% throughout the forecast period. This is due to increase in various applications such as DNA vaccines and gene therapies against numerous infectious and acquired diseases & disorders, such as HIV, malaria, cancer, influenza, and enteric pathogens.
Based on application, the cancer segment accounted for more than three-fifths of the global viral vectors and plasmid DNA manufacturing market revenue in 2019 and is expected to rule the roost till 2027, due to increase in prevalence of cancer and requirement for quality drugs and versatile therapies for the treatment. The inherited disorders segment, on the other hand, would portray the fastest CAGR of 27.1% from 2020 to 2027. Rise in incidences of inherited disorders has led to increase in R&D activities for development of therapies which, in turn, fuels the segment growth.
Based on region, North America generated the major share in 2019, holding nearly half of the global viral vectors and plasmid DNA manufacturing market, owing to the presence of modern healthcare facilities and high prevalence of cancer in the region. At the same time, Asia-Pacific would showcase the highest CAGR of 30.6% from 2020 to 2027. This is due to increase in healthcare expenditure, surge in government initiatives to modernize healthcare infrastructure, and rapid industrialization in the area.
Purchase the Report: https://www.alliedmarketresearch.com/purchase-enquiry/2681
Our Market Research Solution Provides You Answer to Below Mentioned Question:
โข Which are the driving factors responsible for the growth of market?
โข Which are the roadblock factors of this market?
โข What are the new opportunities, by which market will grow in coming years?
โข What are the trends of this market?
โข Which are main factors responsible for new product launch?
โข How big is the global & regional market in terms of revenue, sales and production?
โข How far will the market grow in forecast period in terms of revenue, sales and production?
โข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โข Which region has more opportunities?
By Region Outlook
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Contact Details:
David Correa
USA/Canada (Toll-Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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