Global viral vectors and plasmid DNA manufacturing market will grow rapidly to USD 22.29 billion by 2032

28-Feb-2024 | Zion Market Research

Zion Market Research has published a new report titled “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), By End-User (Biotechnology Companies, Research Institutes, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024–2032”. According to the report, the global viral vectors and plasmid DNA manufacturing market was valued at approximately USD 5.49 billion in 2023 and is expected to reach USD 22.29 billion by 2032, growing at a CAGR of around 16.85% between 2024 and 2032.

The viral vectors and plasmid DNA manufacturing normally comprises the use of panomics and system biology to regulate the source of a patient's disease at the molecular stage along with the use of determined medicines to address the patient's disease. Furthermore, viral vectors and plasmid DNA help in reducing the price of management and support to decrease the recurrent medication dosage. The growing prevalence of life-threatening diseases, such as cancer, rising geriatric population, and the growing demand for personalized medicines are anticipated to propel the viral vectors and plasmid DNA manufacturing market in the future. Moreover, increasing government grants and initiatives and rising funding by private players for research and developments activities in the viral vectors and plasmid DNA manufacturing are anticipated to further drive this market over the forecast timeframe. 

Browse the full "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), By End-User (Biotechnology Companies, Research Institutes, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024–2032" Report At https://www.zionmarketresearch.com/report/viral-vectors-and-plasmid-dna-manufacturing-market

Global Viral Vectors and Plasmid DNA Manufacturing Market

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. The gene and cancer therapies held a 70% share of the global market, due to the rising prevalence of cancer. Immunotherapy is expected to register a significant CAGR in the future, due to the development of newer drugs.

By end-user, the market is segmented into biotechnology companies, research institutes, hospitals, and others. Research institutes held the largest market share in 2023 globally, due to the increasing research and development activates for various chronic diseases, such as cancer. In terms of growth rate, biopharmaceutical companies are estimated to register good growth in this global market, owing to the increased spending on R&D.

By region, 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 and Europe are estimated to remain the leading regional markets over the forecast time period.

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.

This report segments the global viral vectors and plasmid DNA manufacturing market into:

Global Viral Vectors and Plasmid DNA Manufacturing Market: Product Type Analysis

  • Viral Vectors
    • Retrovirus
    • Lentiviruses
    • Adenoviruses
    • Adeno-Associated Viruses
    • Others
  • Plasmids
    • DNA Conjugative Plasmids
    • Non-Conjugative Plasmids

Global Viral Vectors and Plasmid DNA Manufacturing Market: Application Analysis

  • Gene and Cancer Therapies
  • Viral Infections
  • Immunotherapy 
  • Formulation Development
  • Others

Global Viral Vectors and Plasmid DNA Manufacturing Market: End-User Analysis

  • Biopharmaceutical Companies
  • Research Institutes
  • Others

Global Viral Vectors and Plasmid DNA Manufacturing Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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