Viral Vector Purification : Market Growth, Massive CAGR Development And Business Strategies, Share, Size, Major Players, Collaborations and Segmentations Regional Study Forecast By 2031

The Viral Vector Purification Market Size is estimated to be USD 7.89 Billion in 2023 and is expected to experience a 13.6% compound annual growth rate (CAGR) from 2024 to 2031 resulting in a value of USD 21.25 Billion by 2031.

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Molecular biologists employ viral vectors to convey genetic material into cells. This method employs viruses as vectors to transfer genetic material into host cells. When a vector transmits genes the process is referred to as transduction.

Similarly the process is also known as transduction when viral vectors infect host cells. Viral vector purification is the process of separating viral particles from the host cell. This is accomplished after the completion of the gene transport process within the host cell. The most frequently employed methods for the purification of viral vectors are centrifugation and chromatography.
The COVID-19 pandemic has exacerbated the necessity of developing viral vector vaccines. The market for viral vector purification has expanded as a consequence of the necessity of viral vectors in these methods. Another critical factor that has assisted specialists in forecasting the use of viral vectors in vaccine production over the next decade is the potential impact of an increasing number of infectious diseases on individuals. There is an increasing number of enterprises worldwide that are engaged in biotechnology. Viral vectors are employed in a variety of biotechnology applications which is why the market for viral vector purification is growing. As a consequence of the rapid and comprehensive research and development in the field of advanced medicine viral vectors are being utilized more frequently in research settings.

Nevertheless the viral vector purification market's expansion during the forecast period may be hindered by a scarcity of proficient personnel in the use and management of viral vectors. The manufacturing services are anticipated to be adversely affected by the high cost of advanced treatments and technological challenges related to financial sustainability.

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North America is expected to significantly contribute to the Viral Vector
Purification market in the coming years due to the prevalent use of viral vector purification by its patients. The United States is currently the dominant force in the industry which is contributing to the growth of the North American market. This results from the significant presence of key market players in the region. Furthermore the Asia Pacific Viral Vector Purification market is anticipated to experience substantial growth during the forecast period as a result of the steadily increasing population and the increasing cost of healthcare products. Japan is a leader in the Asia-Pacific region in using state-of-the-art viral vector purification products for treatment. Consequently it is probable that it will dominate the market for these products.

Major market players operating in the Viral Vector Purification market include

• Agilent Technologies
• BIA Separations
• Sartorius
• Takara Bio
• Bio-Rad Laboratories
• BioVision Cytiva (formerly GE Lifesciences)
• Merck
• Thermo Fisher Scientific.

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Recent collaborations and agreements in the market:
• In January 2021 Thermo Fisher Scientific acquired Groupe Novasep SAS a manufacturer of viral vectors. Thermo Fisher's capacity and scientific viral vector services in North America and other regions are anticipated to expand as a consequence of this acquisition.

• In February 2020 the German-based viral vector company CDMO established its US production facility. The North American market is expected to be captured by this facility in Massachusetts which was developed with a $150 million investment by providing CDMO viral vector.

Market Segments

Global Viral Vector Purification Market by Product Type
• Resin
• Capsule
• Reagent
• Cassette
• Kit
• Prepacked Column
• Filter Plate

Global Viral Vector Purification Market by Purification Technique Type
• Centrifugation
• Chromatography
• Filtration

Global Viral Vector Purification Market by Type of Viral Vector Scope
• Retrovirus
• AAV
• Adenovirus
• Lentivirus
• Others

Global Viral Vector Purification Market by Scale of Operation
• Clinical
• Lab-scale
• Commercial

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Global Viral Vector Purification Market by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Viral Vector Purification Market
• U.S.
• Canada

Europe Viral Vector Purification Market
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Viral Vector Purification Market
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Viral Vector Purification Market
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Viral Vector Purification Market
• GCC Countries
• South Africa
• Rest of Middle East & Africa

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This release was published on openPR.