Press release
Plasmid DNA Manufacturing Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Plasmid DNA Manufacturing
What Is the Projected Growth of the Plasmid DNA Manufacturing Market?
The plasmid DNA manufacturing market has expanded rapidly in recent years. It is projected to grow from $2.34 billion in 2024 to $2.9 billion in 2025, reflecting a CAGR of 23.9%. The growth is attributed to the application of plasmid DNA in industrial processes, creating genetically modified organisms, producing monoclonal antibodies in cell lines, international health initiatives, the use of plasmid DNA in bioremediation and environmental applications, and microbiome studies.
The plasmid DNA manufacturing market is set to experience exponential growth, reaching $6.78 billion by 2029, at a CAGR of 23.6%. This growth is fueled by the increasing use of plasmid DNA in DNA vaccines, personalized therapies, cancer treatments, and antibody-drug conjugates. Trends in the forecast period include a rise in licensing agreements for plasmid DNA technologies, demand for customized solutions, cost reduction strategies, high-throughput screening, and the development of scalable manufacturing solutions.
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What Are the Different Plasmid DNA Manufacturing Market Segments?
The plasmid DNA manufacturing market covered in this report is segmented -
1) By Grade: Research And Development Grade, Good Manufacturing Practice (GMP) Grade
2) By Development Phase: Pre-Clinical Therapeutics, Clinical Therapeutics, Marketed Therapeutics
3) By Disease: Infectious Disease, Cancer, Genetic Disorder, Other Diseases
4) By Application: Deoxyribonucleic Acid (DNA) Vaccines, Cell And Gene Therapy, Immunotherapy, Other Applications
Subsegments:
1) By Research And Development Grade: Small-scale Plasmid DNA Production, Preclinical Research Plasmid DNA
2) By Good Manufacturing Practice (GMP) Grade: Clinical Trial Material Production, Commercial-Scale Plasmid DNA Production
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What Are the Primary Drivers Shaping the Plasmid DNA Manufacturing Market?
The growing acceptance of gene therapy is expected to accelerate the growth of the plasmid DNA manufacturing market. Gene therapy involves altering a person's genes to treat or prevent diseases, and it is advancing due to improvements in genetic engineering, increased research investment, and the rise of genetic disorders. Plasmid DNA manufacturing is vital in producing the vectors used in gene therapy. For instance, the American Society of Gene & Cell Therapy noted a 10% increase in gene therapies in Phase III clinical trials in Q3 2023, driving the demand for plasmid DNA manufacturing.
Which Companies Are Leading in the Plasmid DNA Manufacturing Market?
Major companies operating in the plasmid DNA manufacturing market are Thermo Fisher Scientific Inc., Eurofins Genomics LLC, Catalent Inc., Charles River Laboratories, Recipharm AB, Kaneka Corp., Genscript Biotech Corporation, Aldevron LLC, Genewiz, OriGene Technologies, Celonic AG, Creative Biogene, Cellectis, Synbio Technologies, VectorBuilder Inc., Altogen Biosystems, Addgene, Andelyn Biosciences, AGC Biologics, VGXI, BioCat GmbH, GeneCopoeia, PlasmidFactory GmbH & Co. KG, Akron Biotech, PackGene Biotech lnc.
What Plasmid DNA Manufacturing Market Trends Are Gaining Traction Across Different Segments?
Companies in the plasmid DNA manufacturing market are developing advanced bioprocessing technologies to improve efficiency, scalability, and quality in plasmid DNA production. These technologies streamline production and ensure high-quality plasmid DNA for therapeutic applications. For instance, in January 2023, Charles River Laboratories, a US-based company, launched the eXpDNA platform for efficient production and purification of plasmid DNA. This platform integrates advanced bioprocessing technologies and ensures compliance with stringent regulatory standards for therapeutic and clinical applications.
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What Are the Top Revenue-Generating Geographies in the Plasmid DNA Manufacturing Market?
North America was the largest region in the plasmid DNA manufacturing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plasmid DNA manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Plasmid DNA Manufacturing Market?
2. What is the CAGR expected in the Plasmid DNA Manufacturing Market?
3. What Are the Key Innovations Transforming the Plasmid DNA Manufacturing Industry?
4. Which Region Is Leading the Plasmid DNA Manufacturing Market?
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