The Business Research Company’s Viral And Non-Viral Vector Manufacturing Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Viral And Non-Viral Vector Manufacturing Global Market Report 2023 evaluates viral and non-viral vector manufacturing market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global viral and non-viral vector manufacturing market is expected to grow from $6 billion in 2022 to $7.22 billion in 2023 at a compound annual growth rate (CAGR) of 20.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The viral and non-viral vector manufacturing market is expected to reach $14.71 billion in 2027 at a CAGR of 19.5%
The increasing prevalence of genetic disorders is expected to propel the growth of the viral and non-viral vector manufacturing markets going forward. Genetic disorders refer to a condition entirely or partially brought on by a deviation from the typical DNA sequence. Viral vectors deliver therapeutic genes to target cells, replacing or supplementing the defective genes that cause genetic disorders. Non-viral vectors are often used in ex vivo gene therapy approaches, where cells are genetically modified outside the body and then reinfused into the patient. For instance, in June 2023, according to Versus Arthritis, a UK-based charity dedicated to supporting people with arthritis, in 2021, around 450,000 people will have rheumatoid arthritis, 190,000 adults will have psoriatic arthritis, and 10 million people will have osteoarthritis, compared to 430,000 people with rheumatoid arthritis, 100,000 adults with psoriatic arthritis, and 8.5 million people with osteoarthritis in 2021, respectively. Furthermore, in June 2022, according to the International Diabetes Federation, a Belgium-based diabetes federation, the prevalence of diabetes had increased to 10.5% worldwide, with over half (44.7%) of people still undiagnosed and around 783 million adults, or one in eight people, expected to have diabetes by 2045. Therefore, the increasing incidence of genetic disorders drives the growth of the viral and non-viral vector manufacturing market.
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The viral and non-viral vector manufacturing market segments in the report are:
1) By Vector Type: Viral Vector, Non-Viral Vector
2) By Disease: Cancer, Genetic Disease, Infectious Disease, Cardiovascular Disease, Other Diseases
3) By Application: Gene Therapy, Vaccinology, Cell Therapy, Other Applications
Major Players:
- Novartis AG
- Thermo Fisher Scientific Inc.
- Merck KGaA
- FUJIFILM Holdings Corporation
- Regeneron Pharmaceuticals Inc.
The table of contents in TBRC’s viral and non-viral vector manufacturing market report includes:
1. Executive Summary
2. Viral And Non-Viral Vector Manufacturing Market Characteristics
3. Viral And Non-Viral Vector Manufacturing Market Trends And Strategies
4. Viral And Non-Viral Vector Manufacturing Market – Macro Economic Scenario
5. Global Viral And Non-Viral Vector Manufacturing Market Drivers and Restraints
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32. Global Viral And Non-Viral Vector Manufacturing Market Competitive Benchmarking
33. Global Viral And Non-Viral Vector Manufacturing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Viral And Non-Viral Vector Manufacturing Market
35. Viral And Non-Viral Vector Manufacturing Market Future Outlook and Potential Analysis
36. Appendix
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