The global viral vectors & plasmid DNA manufacturing market size is expected to reach USD 1.1 billion by 2027, exhibiting a 14.52% CAGR, during the forecast period, according to a new report by Grand View Research, Inc. Currently, more than 700 cell and gene therapies are in clinical trials and vectors are used in nearly 70% of these therapies. As a result, demand for vectors has exceeded the supply rate. Thus, an increase in the number of advanced therapy-based discovery programs initiated by biotechnology and pharmaceutical companies is expected to drive investments in the market.
Current
production methods for viral vectors are considered tedious, as they are only
applicable for scale-out but not for scale-up. Development of a proprietary
CAP-GT technology-based cell suspension system by CEVEC Pharmaceuticals GmbH
has effectively addressed the challenge of scaling-up by allowing easy handling
and improved efficiency of cells.
Considering
growing opportunities in vector production, the Original Equipment
Manufacturers (OEMs) are making focused efforts to gain a competitive advantage
in the market. For example, the introduction of ready-to-run factory-in-a-box
to accelerate the production of virus-based therapeutics by GE healthcare, as a
solution to simplify and advance the manufacturing process.
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Viral Vectors &
Plasmid DNA Manufacturing Market Report Highlights
- With high usage, attributed
to its ability of high titer production and capability to induce strong
humoral and T cell responses in various research applications, adenovirus
held the leading viral vectors and plasmid DNA manufacturing market share
in terms of revenue, in 2019
- Lentivirus vector is
anticipated to register the fastest CAGR over the forecast period. This
can be attributed to constant growth in the lentivirus-based gene therapy
pipeline program
- Downstream processing held
the dominant revenue share in 2019, owing to the fact that this process
involves purification steps that account for the majority of the overall
manufacturing cost. Employment of expensive equipment and requirement of
trained personnel for product recovery has further driven revenue in the
segment
- Antisense and RNAi therapy
production is estimated as the key application of vector manufacturing,
resulting in the dominance of this segment over other applications
- The high adoption rate of
viruses for aptamers and oligonucleotide development in comparison to
other applications has driven revenue in antisense and RNAi therapy
segment
- High usage of vectors for
therapeutic production have contributed to the large revenue share of
pharmaceutical and biopharmaceutical companies. The number of biotech
companies employing vector for therapies production is anticipated to
multiply over the forecast period
- Presence of a substantial
number of advanced therapy products in the pipeline targeting various
cancer forms has accelerated revenue share of the cancer segment over the
years
- Given the high number of
biotech entities in parts of U.S., such as in California and
Massachusetts, North America has maintained its dominance in terms of revenue.
In addition, the active participation of regulatory bodies in improving
the regulatory scenario for the market launch of advanced therapies has
facilitated the high usage of vectors in U.S.
- Merck, Cobra Biologics,
Novasep, and uniQure N.V., are some key participants that are geared
towards capitalizing the untapped opportunities in the market
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Viral Vectors &
Plasmid DNA Manufacturing Market Segmentation
Grand View Research has segmented
the global viral vectors and plasmid DNA manufacturing market on the basis of
vector type, workflow, application, end use, disease, and region:
Viral Vector and
Plasmid DNA Manufacturing Vector Type Outlook (Revenue, USD Million, 2016 -
2027)
- Adenovirus
- Retrovirus
- Plasmid DNA
- AAV
- Lentivirus
- Others
Viral Vector and
Plasmid DNA Manufacturing Workflow Outlook (Revenue, USD Million, 2016 - 2027)
- Upstream Processing
- Vector Amplification &
Expansion
- Vector Recovery/Harvesting
- Downstream Processing
- Purification
- Fill-finish
Viral Vector and
Plasmid DNA Manufacturing Application Outlook (Revenue, USD Million, 2016 -
2027)
- Antisense & RNAi
- Gene Therapy
- Cell Therapy
- Vaccinology
Viral Vector and
Plasmid DNA Manufacturing End-use Outlook (Revenue, USD Million, 2016 - 2027)
- Pharmaceutical and
Biopharmaceutical Companies
- Research Institutes
Viral Vector and
Plasmid DNA Manufacturing Disease Outlook (Revenue, USD Million, 2016 - 2027)
- Cancer
- Genetic Disorders
- Infectious Diseases
- Others
Viral Vector and
Plasmid DNA Manufacturing Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- Japan
- Latin America
- Brazil
- Middle East & Africa
- South Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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