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Viral Vector Manufacturing Market Poised for Growth: Stats, Key Players, and Future Trends
Viral Vector Manufacturing Market
What Is The Projected Market Size Of The Global Viral Vector Manufacturing Market And Its Growth Rate?
• The viral vector manufacturing market size was $6.93 billion in 2024.
• The market is forecasted to grow to $8.33 billion in 2025 at a compound annual growth rate (CAGR) of 20.1%.
• The growth from 2024 to 2025 can be attributed to growth in the pipeline of gene therapies, clinical success, approvals, and increased investment in biopharmaceuticals, among other factors.
• It is projected to continue its growth to $17.68 billion in 2029, with a CAGR of 20.7%.
• The factors contributing to this growth include expanding applications in oncology, global collaborations in gene therapy research, and adoption of viral vectors in vaccine development.
What Is Driving The Growth In The Viral Vector Manufacturing Market?
The growth in the viral vector manufacturing market is driven by the increasing prevalence of cancer and infectious diseases. Infectious diseases refer to conditions caused by viruses which are spread through contact with infected individuals, animals, or items. Rapidly rising cases of cancer and infectious diseases necessitate more efficient medical solutions. These include vaccine development, biotherapeutics and other forms of medical prevention and control, all of which require viral vector manufacturing. The increased need for these solutions has led to the surge in the viral vector manufacturing market.
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Who Are the Key Players Driving Viral Vector Manufacturing Market Growth?
• Sanofi S.A.
• Thermo Fisher Scientific Inc.
• Merck Group
• FUJIFILM Holdings Corporation
• Lonza Group
• Catalent Inc.
• Sartorius AG
• Charles River Laboratories International Inc.
• AGC Biologics
• Ultragenyx Pharmaceutical Inc.
• Novasep Holding SAS
• Aldevron LLC
• Oxford Biomedica plc
• LakePharma Inc.
• Voyager Therapeutics Inc.
• Mustang Bio Inc.
• Regenxbio Inc.
• VGXI Inc.
• BioNTech IMFS GmbH
• FinVector Oy
• Vigene Biosciences Inc.
• Univercells Technologies
• Sirion-Biotech GmbH
• Cevec Pharmaceuticals GmbH
• Batavia Biosciences BV
What Are The Key Trends In The Viral Vector Manufacturing Market?
• Technological innovations in vector production
• Emergence of next-generation vectors
• Regulatory compliance and standardization
• Collaborations and partnerships
• Global expansion of manufacturing facilities
What Are The Segments Of The Global Viral Vector Manufacturing Market?
1. By Type: Adenoviral Vectors, Adeno-Associated Viral Vectors, Lentiviral Vectors, Retroviral Vectors, Other Types
2. By Disease: Cancer, Genetic Disorders, Infectious Diseases, Other Diseases
3. By Workflow: Upstream Processing, Downstream Processing
4. By Application: Gene And Cell Therapy Development, Vaccine Development, Biopharmaceutical And Pharmaceutical Discovery, Biomedical Research
5. By End-User: Research Organizations, Biotech And Pharmaceutical Companies, Others End Users
Which Region Leads The Viral Vector Manufacturing Market?
North America was the largest region in the viral vector manufacturing market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. Other regions covered in the report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Viral Vector Manufacturing Market Global Market Report?
- Market Size Analysis: Analyze the Viral Vector Manufacturing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Viral Vector Manufacturing Market for effective categorization.
- Key Player Focus: 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 Viral Vector Manufacturing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Viral Vector Manufacturing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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