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Recombinant DNA Technology Global Market Report 2025: Unraveling Future Growth, Key Market Drivers, and Major Industry Trends
Recombinant DNA Technology Global Market
What Is The Projected Market Size Of The Global Recombinant DNA Technology Global Market Report 2025 And Its Growth Rate?
• The market has grown strongly in recent years, from $858.94 billion in 2024 to a projected $920.82 billion in 2025, attributing to increasing healthcare demands, growing biopharmaceutical industry, and rising investments in R&D.
• The recombinant DNA technology market is expected to grow robustly to $1318.72 billion in 2029 at a compound annual growth rate (CAGR) of 9.4% due to a rise in chronic diseases, increasing biotech startups, and expanding funding in biotechnology.
What Is Driving The Growth In The Recombinant DNA Technology Global Market Report 2025?
The rising number of chronic diseases is significantly driving the growth of the recombinant DNA technology market. Chronic diseases that last for a year or longer necessitate continuous medical care and limit daily activities. The technology has enhanced healthcare by creating biopharmaceutical proteins used in pharmaceuticals and replacing defective genes with healthy ones through gene therapy. The World Health Organization predicts a 77% surge in new cancer cases, totaling over 35 million cases by 2050, necessitating advanced treatment methods like recombinant DNA therapy.
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Who Are the Key Players Driving Recombinant DNA Technology Global Market Report 2025 Growth?
• Profacgen BioTech Corp.
• Amgen Inc.
• Novartis International AG
• GenScript Biotech Corporation
• Pfizer Inc.
• Novo Nordisk A/S
• Eli Lilly and Company
• Sanofi S.A.
• Merck & Co. Inc.
• Biogen Inc.
What Are The Key Trends In The Recombinant DNA Technology Global Market Report 2025?
• Swift scientific advancements
• Progress in gene editing
• Innovations in cell and gene therapies
• Emergence of RNA therapeutics
• Therapeutic applications in rare diseases
• Integration of AI and data
What Are The Segments Of The Global Recombinant DNA Technology Global Market Report 2025?
• By Product Type: Recombinant Protein Drugs, Vaccines, Genetically Modified Crops, Expression Systems, Cell And Gene Therapy, Gene Editing
• By Component Type: Expression System, Cloning Vector
• By Application Type: Food And Agriculture, Health And Disease, Environment, Other Application Types
• By End-Use Type: Biotechnology And Pharmaceutical Companies, Academic And Government Research Institutes, Other End-Use Types
Which Region Leads The Recombinant DNA Technology Global Market Report 2025?
North America represented the largest share in the recombinant DNA technology market in 2024. However, the Asia-Pacific region is expected to showcase the fastest growth during the forecast period.
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What Is Covered In The Recombinant DNA Technology Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Recombinant DNA Technology Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Recombinant DNA Technology Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Recombinant DNA Technology Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Recombinant DNA Technology Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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