The complete research study presented by Ample Market Research on Viral Vector Manufacturing Market describing qualitative insights of the industry such as type, products, application and forecast details till 2025. This report gives a detailed and comprehensive understanding of Viral Vector Manufacturing Market. With precise data covering all key aspects of the existing market, this report offers existing data of leading manufacturers. Understanding of the market condition by compliance of accurate historical data regarding each and every segment for the forecast period is mentioned. Leading factors affecting the growth of the market in a positive and negative perspective is examined and evaluated and projected in the report in detail. Insightful views and case studies from various industry experts help make the report more authentic.
Global viral vector manufacturing market is valued approximately USD 226.21 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 24.3% over the forecast period 2018-2025. Viral vectors are tools commonly used by molecular biologists to deliver genetic material into cells. The market growth is primarily attributed to the availability of funding for the advancement of gene therapy, and increasing prevalence of cancer, genetic disorders & infectious diseases. However, the market growth is restricted by the high risk of undesirable outcomes. The significant developments in Gene therapy to cure rare diseases such as cancer, chronic diseases and also some genetic disorders, are leading the increasing number of clinical trials.
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Company profiled in this report based on Business overview, financial data, Product landscape, Strategic outlook & analysis CGT Catapult, Lonza, Uniqure, Merck, Cobra Biologics, Oxford BioMedica, Novasep, Spark Therapeutics
High number of active clinical trials to access the safety of viral vector vaccine in the North America region has also provided a major impetus to the viral vector vaccine manufacturing market. For instance, as of 2016, a clinical study named Dose-Ranging trial of safety & immunogenicity of an oral adenoviral-vector based RSV vaccines is going-on in Optimal Research Melbourne, Florida (United States),in order to detect respiratory syncytial virus (RSV). On March 2017, as per the official website of the company named American Gene Technologies International Inc (United States), has collaborated with Geo Vax Labs Inc to conduct a Phase 1 clinical trial investing AGT’s viral vector vaccines to cure HIV infection. Viral vector-based vaccines are considered one of the most promising candidates for vaccine development, hence growing R&D expenditure for the development of new medicines in North America presents a huge opportunity for the growth of viral vector vaccine manufacturing market.
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Global Viral Vector Manufacturing Market is segmented based on Type, Disease, Application, and Industry. Based on the type of disease, the global viral vector market is segmented into Genetic disorders, infectious disease, cancers and others. Currently the market is dominated by Cancer disease with 46.75% revenue share in 2017. On the basis of type the global viral vector manufacturing market is segmented into Adenoviral, Retroviral, Adeno-associated viral and others. Among these retroviral holds the largest revenue share of 32.37% in 2017. Viral vectors are promising tools for gene therapy and vaccines. The viral vector vaccine segment was anticipated to dominate the revenue share in 2015 with 53.43% revenue share in 2015. However, gene therapy segment is anticipated to surpass the global revenue share in 2018.
Viral Vector Manufacturing Market Segmentation by Product Type Adenoviral, Retroviral, Adeno-Associated, Others,
Viral Vector Manufacturing Market Segmentation By Application: Vaccinology, Gene Therapy, By Disease, Genetic Disorders, Infectious Diseases, Cancers, Others
Viral Vector Manufacturing Market Segmentation by End-User: Research institutes, Biopharmaceutical & Pharmaceutical Companies, Others
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Viral Vector Manufacturing Market Segmentation by Region: North America, U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, Rest of the World
The regional paradigm of the global viral vector manufacturing market is divided into North America, Europe, Asia Pacific, Latin America, and Rest of the world. Global market revenue is dominated by North America region with 47.73% revenue share in 2017. The primary factors supporting the market dominance in the region are the strong presence of major viral vector manufacturers, higher investment on Research & Development both from research institutes and private organizations and increasing prevalence of related diseases such as cancer, infectious diseases and others. However, the Asia Pacific region is anticipated to pose significant opportunities for the viral vector manufacturing market in coming years. The region is anticipated to grow at the highest CAGR of 26.7% over the forecast period. The region is anticipated to witness an increase in pipeline molecules in coming years. Further, there will be significant change in the regional completive landscape in the APAC region owing to the upcoming acquisition of regional biopharma companies and research laboratories by big companies.
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Finally, the Viral Vector Manufacturing Market is a valuable source of guidance for individuals and companies. One of the major reasons behind providing market attractiveness index is to help the target audience and clients to identify the several market opportunities in the Viral Vector Manufacturing market. Moreover, for the better understanding of the market, Ample Market Research has also presented a key to get information about various segments of the Viral Vector Manufacturing market.
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