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Viral Vectors And Plasmid DNA Market Size, Share, Industry Analysis, Segments And Forecast To 2033

06-05-2024 08:08 AM CET | Health & Medicine

Press release from: The Business Research Company

Viral Vectors And Plasmid DNA Market Size

Viral Vectors And Plasmid DNA Market Size

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Viral Vectors And Plasmid DNA Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $1.66 billion In 2028 At A CAGR Of 8.4% :

The viral vectors and plasmid dna market size has grown rapidly in recent years. It will grow from $1.05 billion in 2023 to $1.2 billion in 2024 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to increasing prevalence of cancer, growing awareness of gene therapy, growing patient population, increased access to healthcare, growing demand for personalized medicine.

The viral vectors and plasmid dna market size is expected to see rapidly grown in the next few years. It will grow to $1.66 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to emerging therapeutic applications, covid-19 pandemic response, increased funding, global expansion. Major trends in the forecast period include advances in viral vector and plasmid dna manufacturing technology, advances in gene editing, customized vectors, scalability and production efficiency, safety and quality standards, non-viral delivery methods, international collaboration: i.

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Viral Vectors And Plasmid DNA Market Major Segments
The viral vectors and plasmid dna market covered in this report is segmented -

1) By Product: Plasmid DNA, Viral Vectors
2) By Disease: Infectious Diseases, Genetic Disorders, Cancer, Other Diseases
3) By Application: Gene And Cancer Therapies, Viral Infections, Immunotherapy, Formulation Development, Other Applications
4) By End User: Research Institutes, Biopharmaceutical And Pharmaceutical Companies

Key Driver - Growing Cancer Incidence Drives Viral Vector And Plasmid Dna Market

The rise in the global incidence of cancer is driving the viral vector and plasmid DNA market. The major causes of most cancers include obesity, smoking, alcohol, and improper eating habits. For instance, in January 2022, according to the American Cancer Society, there will likely be 1.9 million new cancer diagnoses and 609,360 cancer-related deaths in the US, or roughly 1,670 fatalities every day. The four most common types of cancer worldwide are lung, prostate, bowel, and female breast cancer, accounting for 43 percent of all new cancer cases. The rise in the global incidence of cancer is expected to boost the demand for the viral vectors and plasmid DNA market over the coming years.

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Prominent Trend - Viral Vector Assays To Boost Gene Therapy Research In Viral Vectors And Plasmid Dna Market

The companies in the viral vectors and plasmid DNA market are focusing on the launch of viral vector assays to boost gene therapy research. Viral vectors are tools commonly used by molecular biologists to deliver genetic material into cells and viral vector assays is an investigative procedure on viral vector. For example, in November 2022, PerkinElmer, an American testing laboratories company, announced the launch of its ""ready-to-use"" adeno-associated virus vectors (AAV) detection kits to support researchers working on gene therapies for a variety of diseases. The viral assays are designed to help researchers quickly and easily characterize viral vector particles being produced to enable decision-making for safe and efficient gene transfer.

Viral Vectors And Plasmid DNA Market Players
Major companies operating in the viral vectors and plasmid dna market include FUJIFILM Diosynth Biotechnologies, FinVector Vision Therapies, Lonza Group AG, Cobra Biologics and Pharmaceutical Services, Brammer Bio, ??n?k? ??r??r?t??n, Cell and Gene Therapy Catapult, VGXI Inc., MassBiologics, Sanofi, Spark Therapeutics, UniQure NV, Thermo Fisher Scientific, VIROVEK, SIRION Biotech GmbH, ALDEVRON, Oxford BioMedica, PlasmidFactory GmbH & Co. KG, Biovian Oy, BioReliance Corporation, 4D Molecular Therapeutics, Renova Therapeutics, Shenzhen SiBiono GeneTech Co., Vigene Biosciences Inc., Novasep, Genzyme Corporation, Oxford Gene Technology, Richter-Helm, ??l?n NV, MolMed, Merck KGaA Inc., Catalent Inc., WuXi AppTec, GenScript Biotech Corporation, Eurogentec, Creative Biogene

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/viral-vectors-and-plasmid-dna-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the viral vectors and plasmid DNA market in 2023. The Middle East is expected to be the fastest growing region in the global viral vectors & plasmid DNA market analysis. The regions covered in the viral vectors and plasmid dna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Viral Vectors And Plasmid DNA Market Report Structure
3. Viral Vectors And Plasmid DNA Market Trends And Strategies
4. Viral Vectors And Plasmid DNA Market - Macro Economic Scenario
5. Viral Vectors And Plasmid DNA Market Size And Growth
…..
27. Viral Vectors And Plasmid DNA Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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