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Bacterial And Plasmid Vectors Market Report 2024-2033: Market Size, Growing Demand, Trends And Forecast | Sigma-Aldrich Inc., ATUM, QIAGEN N.V., Promega Corporation, Thermo Fisher Scientific Inc., GenScript Biotech Corporation
Bacterial And Plasmid Vectors Market
The Business Research Company's Bacterial And Plasmid Vectors Global Market Report 2024 identifies Increasing the prevalence of cancer and infectious diseases as the major driver for the Bacterial And Plasmid Vectors market's growth in the forecast period. Bacteria are used as vectors for the delivery of recombinant proteins into target cells for the treatment of cancer and various infectious diseases. According to the World Health Organization (WHO), cancer is the second leading cause of death worldwide, in 2020, the total cancer burden in the world increased to 19.3 million new cases and is predicted to rise to 28.4 million new cancer cases in 2040.
The bacterial and plasmid vectors market size has grown rapidly in recent years. It will grow from $0.65 billion in 2023 to $0.73 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to rising prevalence of chronic diseases, prevalence of infectious diseases, aging population, increased healthcare spending, government initiatives, increased awareness of preventive healthcare. The bacterial and plasmid vectors market size is expected to see strong growth in the next few years. It will grow to $1.17 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%.
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Major competitors in the Bacterial And Plasmid Vectors market are Sigma-Aldrich Inc., ATUM, QIAGEN N.V., Promega Corporation, Thermo Fisher Scientific Inc., GenScript Biotech Corporation.
A key trend in the Bacterial And Plasmid Vectors market includes launching new automated platforms. Major companies operating in the bacterial and plasmid vectors market are launching new automated platforms such as the Biotage PhyPrep to alleviate the need for manual labor by streamlining the purification process. Biotage PhyPrep is an automated platform designed for the purification of plasmid DNA. For instance, in June 2021, Biotage, a Sweden-based tech company dedicated to providing workflow solutions and products launched Biotage PhyPrep a novel automated platform designed for plasmid DNA purification. This platform not only alleviates the repetitive manual tasks faced by lab personnel but also harnesses the power of PhyTipcolumns and their dual flow chromatography capabilities to produce high-quality, supercoiled, transfection-grade plasmid DNA free from endotoxins. Biotage PhyPrep pioneers an automated platform tailored for large-scale plasmid purification, spanning Maxi, Mega, and Giga levels.
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The Bacterial And Plasmid Vectors market is segmented -
1. By Host Type: E.Coli Expression Vectors, Other Bacterial Expression Vectors
2. By Application: Genetics, Molecular Biology, Bioinformatics, Other Applications
3. By End Users: Hospitals, Homecare, Specialty Clinics, Other End Users
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Bacterial And Plasmid Vectors market.
The Business Research Company's "Global Bacterial And Plasmid Vectors Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Bacterial And Plasmid Vectors Market Include:
1. Executive Summary
2. Bacterial And Plasmid Vectors Market Characteristics
3. Bacterial And Plasmid Vectors Market Trends And Strategies
4. Bacterial And Plasmid Vectors Market - Macro Economic Scenario
5. Global Bacterial And Plasmid Vectors Market Size and Growth
……
31. Global Bacterial And Plasmid Vectors Market Competitive Benchmarking
32. Global Bacterial And Plasmid Vectors Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Bacterial And Plasmid Vectors Market
34. Bacterial And Plasmid Vectors Market Future Outlook and Potential Analysis
35. Appendix
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