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Viral Vector Manufacturing Market Share, Growth, Trends Analysis, Business Opportunities and Forecast 2030: Markntel Advisors

This growth trajectory is primarily attributed to two key factors, i.e., the escalating incidence of epidemics and pandemics, which has expedited vaccine development efforts, and the mounting investments in gene therapy initiatives.
Published 27 May 2024

Global Viral Vector Manufacturing Market Insights Report Overview

The Global Viral Vector Manufacturing Market size is estimated to grow at a CAGR of around 19.22% during the forecast period, i.e., 2024-30.

The stakeholders will gain in-depth knowledge about the market dynamics and competitive landscape from past, present, and future perspectives, enabling them to use this information to guide their use of money and resources.

The readers of the study can better understand various consumer types, purchasing intentions, their wants and preferences, viewpoints on the product/service, how they react to a specific product that is currently on the market, and much more with the accurate and current information provided in this research report. The study also provides a thorough analysis of the measures that important stakeholders might do to lessen and avoid different economic repercussions.

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Global Viral Vector Manufacturing Market Driver:

Increased Burden of Genetic Disorders – During the past few years, there has been a significant surge in the number of genetic disorders globally. Among them, there has been a significant rise in the number of patients with hemophilia. For instance, the World Federation of Hemophilia (WFH) reported a global count of approximately 257,146 individuals diagnosed with the condition in 2022. Specifically, hemophilia A and B cases were recorded at 208,957 and 42,203, respectively. This surge in instances of hemophilia has resulted in an amplified demand for gene therapy for treatment purposes. Thus, this demand has consequently driven the need for viral vectors, essential for delivering gene therapy, thereby accelerating growth in the Viral Vector Manufacturing Market.

Additionally, the rising prevalence of other genetic blood disorders, notably sickle-cell disease and thalassemia, has further fueled market growth. According to the World Health Organization (WHO), approximately 5% of the global population carries trait genes for hemoglobin disorders, predominantly sickle-cell disease and thalassemia. Furthermore, increasing awareness and initiatives by government and non-governmental organizations aimed at educating the public about these genetic disorders and facilitating their diagnosis and treatment are contributing to the increased number of diagnosed patients who require therapies.

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Viral Vector Manufacturing Market Analysis:

This analysis provides a thorough examination of the Viral Vector Manufacturing industry, covering all key aspects. It delves into the broader market environment (macro-overview) while also offering detailed insights into industry performance (micro-level). Key elements explored include current trends, major drivers and challenges impacting the market, a breakdown of the value chain, a SWOT analysis of the industry's strengths, weaknesses, opportunities, and threats, and an analysis of Porter's five forces that influence competition within the market.

Geographical Level Analysis:

The geographic assessment of the report offers a thorough study of numerous phenomena that are particularly pervasive in significant geographical pockets. By concentrating on key areas that have the potential to draw a larger consumer base, this study assists important stakeholders in making educated investment decisions. Stakeholders may strategically deploy their resources and target their efforts for maximum effect and customer engagement by recognizing the unique trends and dynamics within each region/ country.

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Competitive Landscape:

Key market players are currently actively putting strategic measures into place to strengthen and develop their positions in this competitive industry. Additionally, businesses are enlarging their markets and looking for chances abroad. The competition landscape in the industry has been in-depth analyzed in the market research report. Additionally, extensive profiles of all big corporations are covered in the report. The study looks at the requirements for manufacturing and processing, project expenses, finance, and economics, as well as projected profit margins and returns on investment. Some of the key players in the market are the ones listed below:

  • Oxford Biomedica PLC
  • Charles River Laboratories
  • FUJIFILM Corporation
  • Lonza
  • Merck KGaA
  • Catalent, Inc.
  • AGC Biologics
  • Thermo Fisher Scientific Inc.
  • Vector BioMed
  • Others

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Viral Vector Manufacturing Market Segmentation Analysis:

In any market, market segmentation study is essential to corporate success. Businesses may successfully focus their efforts, reduce risks, and beat rivals by knowing and classifying various market groups. In order to succeed in a market environment that is constantly changing and competitive, businesses must incorporate market segmentation analysis into their business planning. Various segments are studied in this market report, data & figures of which are presented in a comprehensive manner. Segments includes:

By Vector Type

  • Adenoviral Vector- Market Size & Forecast 2019-2030, USD Million
  • Adeno-Associated Viral Vector- Market Size & Forecast 2019-2030, USD Million
  • Lentiviral Vector- Market Size & Forecast 2019-2030, USD Million
  • Herpes Simplex Viral-Vector- Market Size & Forecast 2019-2030, USD Million
  • Retroviral Vector- Market Size & Forecast 2019-2030, USD Million
  • Others (CMV, HSV-1, Vaccina, etc.)- Market Size & Forecast 2019-2030, USD Million

By Application

  • Gene Therapy- Market Size & Forecast 2019-2030, USD Million
  • Cell Therapy- Market Size & Forecast 2019-2030, USD Million
  • Vaccines- Market Size & Forecast 2019-2030, USD Million

By Indication

  • Genetic Disorders- Market Size & Forecast 2019-2030, USD Million
  • Cancer- Market Size & Forecast 2019-2030, USD Million
  • Infectious Diseases- Market Size & Forecast 2019-2030, USD Million

By Scale of Operation

  • Pre-Clinical- Market Size & Forecast 2019-2030, USD Million
  • Clinical- Market Size & Forecast 2019-2030, USD Million
  • Commercial- Market Size & Forecast 2019-2030, USD Million

By End User

  • Biotech Companies- Market Size & Forecast 2019-2030, USD Million
  • Pharmaceutical Companies- Market Size & Forecast 2019-2030, USD Million
  • Research Organizations- Market Size & Forecast 2019-2030, USD Million

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

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