Viral and Non-Viral Vector Manufacturing Market Analysis 2028

Global Viral and Non-Viral Vector Manufacturing Market are expected to register a CAGR of approx. 19% over the period of 2022-2028. The viral and non-viral vector manufacturing market is growing due to the growth of the biotechnology industry, especially in the field of regenerative medicine and the use of vectors as delivery systems in gene therapy around the globe. For instance, according to the Biotechnology Innovation Organization (BIO), the biotechnology industry in North America has experienced significant growth in recent years. In 2021, the biotechnology industry in North America generated approximately $600 billion in revenue. In 2021, North American biotechnology companies invested over $70 billion in R&D activities. Owing to these glaring statistics the demand for viral and non-viral vector manufacturing is anticipated to grow in the forthcoming years as the increasing research and development and funding in the manufacturing of vectors in the biotech industry thus boosted the growth of the viral and non-viral vector manufacturing industry. According to UnivDatos Market Insights (UMI)’ research report “Global Viral and Non-Viral Vector Manufacturing Market”, the market is expected to witness a robust growth during the forecast period 2022-2028F. Moreover, the increasing prevalence of chronic diseases, such as cancer and genetic disorders and advancements in genetic engineering is fueling the demand for the viral and non-viral vector manufacturing market. Furthermore, an increasing number of clinical trials using vector-based therapies and growing interest in regenerative medicine are expected to drive the market for viral and non-viral vector manufacturing market in the coming years.

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Based on the vector type, the viral and non-viral vector manufacturing market is segmented into a viral vector and non-viral vectors. The non-viral vectors segment accounted for a significant market share in 2021 and it is estimated that it will grow rapidly during the projected timeframe. Non-viral vectors are considered safer than viral vectors, as they do not contain live viruses and are less likely to cause immune reactions or other adverse events. they are typically easier to produce than viral vectors, which can help reduce the cost of production and can be used in a wide range of applications, including gene therapy, vaccine development, and research.

Based on the application, the market is fragmented into gene therapy, vaccinology, cell therapy, and others. The vaccinology segment grabbed a considerable market share in 2021, and it is expected to grow at a significant CAGR during the forecast period. Vectors can be used to develop vaccines against a wide range of pathogens, including viruses, bacteria, and parasites. The COVID-19 pandemic has increased the demand for vaccines, leading to increased interest in vector-based vaccine development.

North America witnessed extensive growth

For a better understanding of the market adoption of viral and non-viral vector manufacturing market, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, U.K., and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the viral and non-viral vector manufacturing industry owing to the growing search and development as well as growing investment in the biotechnology sector. Moreover, the growing elderly population as well as the large patient population, including individuals with rare diseases and cancer who may benefit from vector-based therapies, increasing the demand for viral and non-viral vector manufacturing market. For instance, in 2021, According to the World Health Organization (WHO), the number of people aged 60 years and older is projected to double by 2050, with North America having a significant share of this ageing population. Owing to these glaring statistics the increase in the demand for healthcare services, including vector-based therapies is one of the major factors expanding the growth of the market. Additionally, a favourable regulatory environment for the development and commercialization of vector-based therapies well-developed healthcare infrastructure provides a favourable environment for the development and commercialization of vector-based therapies in the region.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global viral and non-viral vector manufacturing market are Boehringer Ingelheim International GmbH, Catalent Inc, FUJIFILM Holdings Corporation, Thermo Fisher Scientific Inc, Lonza Group AG, Merck KGaA, Oxford BioMedica plc, Sartorius AG, TAKARA BIO INC, and WuXi AppTec Co Ltd. Several M&A’s along with partnerships have been undertaken by these players to boost their presence in different regions.

“Global Viral And Non-Viral Vector Manufacturing Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.

Market Segmentations:

1. By Vector Type (Viral Vector, Non-Viral Vectors)

2. By Disease (Cancer, Genetic Disease, Infectious Disease, Cardiovascular Disease, Others)

3. By Application (Gene Therapy, Vaccinology, Cell Therapy, Others)

4. By Region (North America, Europe, Asia-Pacific, Rest of the World)

5. By Company (Boehringer Ingelheim International GmbH, Catalent Inc, FUJIFILM Holdings Corporation, Thermo Fisher Scientific Inc, Lonza Group AG, Merck KGaA, Oxford BioMedica plc, Sartorius AG, TAKARA BIO INC, WuXi AppTec Co Ltd)

Key questions answered in the study:

1. What are the current and future trends of the global viral and non-viral vector manufacturing industry?

2. How the industry has been evolving in terms of vector type, disease, and application?

3. How the competition has been shaping across the countries followed by their comparative factorial indexing?

4. What are the key growth drivers and challenges for the global viral and non-viral vector manufacturing industry?

5. What is the customer orientation, purchase behavior, and expectations from the global viral and non-viral vector manufacturing suppliers across various region and countries?