Viral Vectors and Plasmid DNA Manufacturing Market by Product Type (Viral Vectors (Retrovirus, Lentiviruses, Adenoviruses, Adeno-Associated Viruses, and Others) and Plasmid (DNA Conjugative Plasmids, and Non-Conjugative Plasmids)), by Application (Gene and Cancer Therapies, Viral Infections, Immunotherapy, Formulation Development, and Others), and by End-User (Biotechnology Companies, Research Institutes, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2026

Global viral vectors and plasmid DNA manufacturing market expected to generate revenue of around USD 1860 million by 2026, growing at a CAGR of around 20% between 2018 and 2026. The viral vectors and plasmid DNA manufacturing market is fragmented into product type, application, and end-user.

20-Dec-2018 | Number of pages: 120 | Report Code: ZMR-3664 | Report Format : | Status : Published

Analysis

Viral vectors are modified viruses used for delivering genetic materials to cells so that they can be manipulated for therapeutic purposes. They prevent new genes from degrading by delivering gene castle to targeted cells, and hence, the targeted cells use new genes to perform their required functions. Plasmid DNA genes are used as a tool for cloning, transferring, and manipulating genes. Some prominent qualities of plasmids include ease of working, self-replicating, and stability. These vectors were primarily used for understanding gene function and investigating RNAs and promoters, among other genetic materials.

The viral vectors and plasmid DNA manufacturing market are fragmented into product type, application, and end-user. By product type, this market is segmented into viral vectors and plasmid. The viral vectors are further segmented into a retrovirus, lentiviruses, adenoviruses, adeno-associated viruses, and others. The plasmid segment includes DNA conjugative plasmids and non-conjugative plasmids. By application, the viral vectors and plasmid DNA manufacturing market for viral vectors and plasmid DNA manufacturing are segmented into gene and cancer therapies, viral infections, immunotherapy, formulation development, and others. By end-user, the market is segmented into biotechnology companies, research institutes, hospitals, and others.

Global Viral Vectors and Plasmid DNA Manufacturing Market

By geography, the viral vectors and plasmid DNA manufacturing market are divided into Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa. North America held the largest share in this global market in 2017 and is anticipated to remain dominant over the forecast time period as well. This can be attributed to the government support for research and development activities and the presence of a large number of major biopharmaceutical companies in the region. Asia Pacific is anticipated to register a growth rate of 23% from 2018 to 2026 in the viral vectors and plasmid DNA manufacturing market globally. The growing adoption of technically advanced products, rising awareness about newer products, growing government support for research activates, and increasing prevalence of chronic diseases in the region are the key factors likely to boost the viral vector and plasmid DNA manufacturing market in the Asia Pacific in the future.

Some key players of the viral vectors and plasmid DNA manufacturing market are Vigene Biosciences Inc., Lonza, FinVector Vision Therapies, Kaneka Corporation (Eurogentec), VGXI, Inc., VIROVEK, SIRION Biotech GmbH, Cobra Biologics, Novasep, FUJIFILM Diosynth Biotechnologies Inc., Spark Therapeutics, Inc., Genzyme Corporation, ALDEVRON, Brammer Bio, Oxford Gene Technology, and General Electric Company (GE Healthcare), among others. The growing research and development activities and the rising demand for vectors are increasing competition among the key players operating in the global market.


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