Global Viral Vector Manufacturing Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global Viral Vector Manufacturing Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global viral vector manufacturing market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global viral vector manufacturing market report has been segmented on the basis of type, diseases, application, end user, and region.
Vectors are living organisms that transmit infectious diseases between humans and from animals to humans. There are several types of viral vectors that are used to deliver nucleic acids into the genetic makeup of cells, including retrovirus, lentivirus, adenovirus, adeno-associated virus, and herpes simplex virus. Viral vectors are highly valued to transfer genetic material into target cells and therefore are explored as vehicles in various therapeutic areas.
Key factors expected to drive growth of the global viral vector manufacturing market is increasing funding in the biopharmaceutical production. In addition, increasing healthcare expenditure, growing ageing population, technological advancement in genetic engineering sector, growing interest in new space of research i.e. gene therapy applications are some other factors expected to drive growth of the global viral vector manufacturing market. Furthermore, increasing accessibility for healthcare facilities, growing demand for effective disease treatments, growing incidence of chronic diseases are some other factors expected to drive growth of the global target market over the forecasted period. However, high cost of manufacturing and gene therapies are factors expected to hamper growth of the global viral vector manufacturing market to a certain extent in the forecast period.
Major players in the viral vector manufacturing process are focusing on enhancing its product portfolio by developing advance technologies and focusing on conducting various clinical trial and R&D activities. In addition, established manufacturers are collaborating with other local players in order to expand geographical presences as well as cater the growing demand for effective treatment mode of diseases. These are some of the trends witnessed in the target market, currently.
The market in North America is expected to dominate the global viral vector manufacturing market. This is primarily attributed to advancement in medical treatment procedures and rising healthcare expenditure in countries in the region. In addition, The Alliance for Cancer Gene Therapy (ACGT) is a public charity foundation in the US is funding for advancement in cancer gene therapies from laboratory to clinical trials. In contrast, the market in Asia Pacific is expected to be an emerging market for the global viral vector manufacturing market, and is expected to register highest CAGR in during the forecasted period, owing to growing demand for effective treatment procedure, rising funding for gene therapies, and government initiatives for carrying out R&D activities in country in the region. Moreover, the markets in Europe, Latin America and Middle East & Africa are expected to register moderate growth revenue in the global viral vector manufacturing market over the forecast period.
GLOBAL VIRAL VECTOR MANUFACTURING MARKET SEGMENTATION:
Segmentation by type:
- Adeno-associated virus (AAV)
- Other Viral Vectors (includes Lentiviral Vectors, Herpes Simplex Virus Vectors, etc.)
Segmentation by diseases:
- Infectious Disease
- Genetic Disorders
Segmentation by application:
- Gene Therapy
Segmentation by end user:
- Biotech companies
- Research Institutes
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Lonza Group
- Merck & Company, Inc.
- Oxford BioMedica PLC
- Cell and Gene Therapy Catapult (CGT Catapult)
- Cobra Biologics Limited
- Uniqure NV
- FUJIFILM Diosynth Biotechnologies Inc.
- Kaneka Eurogentec S.A.
- Spark Therapeutics, Inc.
- Thermo Fisher Scientific, Inc.
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