Viral Vector Manufacturing Market Breakdown By Size, Share, Growth, Trends, and Industry 2030- MarkNtel Advisors

According to Markntel Advisors Report, Viral Vector Manufacturing Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Viral vectors are specialized tools used in genetic engineering and gene therapy. They are modified viruses designed to deliver genetic material, such as therapeutic genes or DNA constructs, into target cells. By leveraging the natural ability of viruses to infect cells and introduce their genetic material, viral vectors enable scientists to manipulate gene expression, correct genetic defects, or trigger desired cellular responses for therapeutic purposes.

Global Viral Vector Manufacturing Market Research Report & Summary:

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

Time Period Captured in the Report:

·         Historical Years: 2019-22

·         Base Years: 2023

·         Forecast Years: 2024-2030

Who are the Key Players Operating in the Viral Vector Manufacturing Market?

The top companies of the Viral Vector Manufacturing Market ruling the industry are: 

Oxford Biomedica PLC, Charles River Laboratories, FUJIFILM Corporation, Lonza, Merck KgaA, Catalent, Inc., AGC Biologics, Thermo Fisher Scientific Inc., Vector BioMed, Biovian Oy, ReiThera srl, Curia Global, Inc., Aurigene Pharmaceutical Services Ltd., Revvity, etc.

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Viral Vector Manufacturing Industry Recent Development:

·         2022: Kite received the US Food and Drug Administration (FDA) approval of a viral vector manufacturing facility in Southern California to produce a commercial product.

The Viral Vector Manufacturing Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

-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

-Non-Replicating Viral Vector Vaccines- Market Size & Forecast 2019-2030, USD Million

-Replicating Viral Vector Vaccines- Market Size & Forecast 2019-2030, USD Million

-By Indication

-Genetic Disorders- Market Size & Forecast 2019-2030, USD Million

-Hemophilia- Market Size & Forecast 2019-2030, USD Million

-Sickle Cell Disease- Market Size & Forecast 2019-2030, USD Million

-Duchenne muscular dystrophy- Market Size & Forecast 2019-2030, USD Million

-Beta-Thalassemia- Market Size & Forecast 2019-2030, USD Million

-Spinal Muscular Atrophy (SMA)- Market Size & Forecast 2019-2030, USD Million

-Others (inherited retinal disorder, cerebral adrenoleukodystrophy (CALD, severe combined immunodeficiency due to adenosine deaminase deficiency)-   Market Size & Forecast 2019-2030, USD Million

-Cancer- Market Size & Forecast 2019-2030, USD Million

-Bladder Cancer- Market Size & Forecast 2019-2030, USD Million

-Blood Cancer- Market Size & Forecast 2019-2030, USD Million

-Head & Neck Cancer- Market Size & Forecast 2019-2030, USD Million

-Infectious Diseases- Market Size & Forecast 2019-2030, USD Million

-COVID-19- Market Size & Forecast 2019-2030, USD Million

-Ebola Virus- Market Size & Forecast 2019-2030, USD Million

-Malaria- 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

-By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

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Market Dynamics -Global Viral Vector Manufacturing Market:

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.

Increasing Number of Clinical Trials for Gene Therapy Utilizing Viral Vectors – The increasing prevalence of genetic disorders and cancer has spurred a rise in clinical trials for novel gene therapies, consequently driving the demand for viral vectors. This expansion of clinical trials across the globe indicates the escalating investment of research organizations in gene therapy development. Thus, this would help in burgeoning the demand for viral vectors on a global scale, which would be used during the clinical trials. Furthermore, as more gene therapies enter clinical trials with the potential to address debilitating rare diseases, the demand for viral vectors is expected to increase significantly and is going to boost the Global Viral Vector Manufacturing Market.

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