Viral Vectors & Plasmid DNA Global Market Report 2020-30: Covid 19 Implications and Growth from Publisher provides the strategists, marketers and senior management with the critical information they need to assess the global viral vectors & plasmid dna market.
This report focuses on viral vectors & plasmid dna market which is experiencing strong growth. The report gives a guide to the viral vectors & plasmid dna market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
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Some of the key players of Viral Vectors & Plasmid DNA Market:
FUJIFILM Diosynth Biotechnologies,FinVector Vision Therapies,Lonza,Cobra Biologics and Pharmaceutical Services,Brammer Bio,??n?k? ??r??r?t??n,Cell and Gene Therapy Catapult,VGXI,MassBiologics,Sanofi,Spark Therapeutics,UniQure,Thermo Fisher Scientific,VIROVEK,SIRION Biotech GmbH,ALDEVRON,Oxford BioMedica,Plasmid Factory,Biovian,BioReliance
The global viral vectors & plasmid DNA market is expected to grow from $0.46 billion in 2019 to $0.60 billion in 2020 at a compound annual growth rate (CAGR) of 31.3%. The growth is mainly due to the outbreak of COVID 19 and requires targeted delivery of the drug to treat affected patients. The number of cases has been increasing resulting in a surge in demand for viral vectors & plasmid DNA. The market is expected to reach $1.05 billion in 2023 at a CAGR of 20.4%.
The viral vectors & plasmid DNA market consists of sales of viral vectors & plasmid DNA and related services. The viral vectors & plasmid DNA are used for the delivery of cellular therapies, like gene therapy and immunotherapy, and also for treating some viral infections. The viral vectors & plasmid DNA are used for formulation development in research and development labs. The viral vectors are genetically engineered viruses carrying viral RNA or DNA that is noninfectious but still contain viral promoters and transgene. The plasmid DNA is a double-stranded extrachromosomal and circular DNA sequence that is capable of replication using the host cell’s replication system.
North America was the largest region in the viral vectors and plasmid DNA market in 2019. Asia Pacific is expected to be the fastest-growing region in the forecast period.
The unaffordable cost of gene therapies is a major challenge in the viral vectors & plasmid DNA market. The prices of gene therapies range between $0.2 million to $2.1 million. For instance, Gilead company’s Yescarta is a gene therapy that costs around $0.3 million and Bluebird Bio’s Letiglobin is another gene therapy costing around $2.1 million. The high price is due to various factors like government regulations, production costs, and so on. Therefore, the unaffordable cost of gene therapies is limiting the viral vector & plasmid DNA market growth.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Viral Vectors & Plasmid DNA Market Size
2.2 Viral Vectors & Plasmid DNA Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Viral Vectors & Plasmid DNA Market Size by Manufacturers
3.2 Viral Vectors & Plasmid DNA Key Players Head office and Area Served
3.3 Key Players Viral Vectors & Plasmid DNA Product/Solution/Service
3.4 Date of Enter into Viral Vectors & Plasmid DNA Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Viral Vectors & Plasmid DNA Sales by Product
4.2 Global Viral Vectors & Plasmid DNA Revenue by Product
4.3 Viral Vectors & Plasmid DNA Price by Product
5 Breakdown Data by End User
5.2 Global Viral Vectors & Plasmid DNA Breakdown Data by End User
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