Comprehensive Market Analysis on Baculovirus Expression System Market projected to reach USD 522.7 Million by 2030 | CAGR of 7.5% | Forecast period 2023-2030, published by MarketDigits

Baculovirus Expression System Market Scope:
Market size value in 2023 - USD 315.3 Million
Market size value in 2030 - USD 522.7 Million
CAGR (2023-2030) - 7.5%
Forecast Period - 2023-2030
Segments Covered - Product Type, Application, End User and Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Bio-Rad Laboratories, Inc., Genscript Biotech Corporation, Merck KGaA, New England Biolabs, Oxford Expression Technologies, Promega Corporation, QIAGEN, Sartorius AG, Syngene International Limited, Takara Bio, Thermo Fisher Scientific, and Others.

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Browse in-depth TOC on Baculovirus Expression System Market
178-Tables
95-Figures
332-Pages

North America dominates the market for Baculovirus Expression System.
In North America, the United States and Canada play pivotal roles in propelling the growth of the Baculovirus Expression System (BEVS) market. This is mainly due to the robust biotechnology and pharmaceutical industry in the region. The market is further stimulated by substantial investments in research and development, coupled with a dedicated focus on biopharmaceutical production, collectively contributing to the expansion of the BEVS market. In Europe, significant contributions to the BEVS market are anticipated from countries such as Germany, the United Kingdom, and France. The presence of major pharmaceutical entities and an increasing emphasis on biologics production serve to enhance the overall prospects of the market in the European region.
In Asia-Pacific, notably in China, Japan, and India, these regions are emerging as pivotal players in the BEVS market. The growth is propelled by escalating biopharmaceutical research activities, expanding healthcare infrastructure, and supportive initiatives from governments, collectively fostering market development in the Asia-Pacific region.

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Top Key Players Covered in the Report-
Bio-Rad Laboratories, Inc., Genscript Biotech Corporation, Merck KGaA, New England Biolabs, Oxford Expression Technologies, Promega Corporation, QIAGEN, Sartorius AG, Syngene International Limited, Takara Bio, Thermo Fisher Scientific, and Others.

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Recent Developments-
In Oct 2023, Expression Systems, a subsidiary of Advancion, revealed an innovative insect cell culture medium, designed to enhance the reliability and efficiency of gene therapy and biologics manufacturing processes.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-baculovirus-expression-system-market-projected-to-reach-usd-5227-million-by-2030

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This release was published on openPR.