Australia Plasmid Dna Contract Manufacturing Market Size & Outlook
Australia plasmid dna contract manufacturing market, 2018-2030 (US$M)
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Australia plasmid dna contract manufacturing market highlights
- The Australia plasmid dna contract manufacturing market generated a revenue of USD 3.4 million in 2023 and is expected to reach USD 12.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 20.3% from 2024 to 2030.
- In terms of segment, cell & gene therapy was the largest revenue generating application in 2023.
- Cell & Gene Therapy is the most lucrative application segment registering the fastest growth during the forecast period.
Plasmid dna contract manufacturing market data book summary
| Market revenue in 2023 | USD 3.4 million |
| Market revenue in 2030 | USD 12.2 million |
| Growth rate | 20.3% (CAGR from 2023 to 2030) |
| Largest segment | Cell & gene therapy |
| Fastest growing segment | Cell & Gene Therapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cell & Gene Therapy, Immunotherapy |
| Key market players worldwide | Charles River Laboratories International Inc, Boehringer Ingelheim, Thermo Fisher Scientific Inc, Lonza Group Ltd, Viva Biotech, VGXI, PlasmidFactory, BioCina, TriLink BioTechnologies, Esco Aster |
Other key industry trends
- In terms of revenue, Australia accounted for 1.0% of the global plasmid dna contract manufacturing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China plasmid dna contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 37.6 million by 2030.
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Plasmid DNA Contract Manufacturing Market Scope
Plasmid DNA Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia plasmid dna contract manufacturing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plasmid dna contract manufacturing market will help companies and investors design strategic landscapes.
Cell & gene therapy was the largest segment with a revenue share of 58.82% in 2023. Horizon Databook has segmented the Australia plasmid dna contract manufacturing market based on cell & gene therapy, immunotherapy covering the revenue growth of each sub-segment from 2018 to 2030.
The growing popularity of gene therapies and increasing prevalence if chronic diseases are the key factors driving the market. According to Australian Bureau of Statistics, nearly half of the Australians, irrespective of age, had at least one chronic disease (46.6%) and nearly one in five (18.6%) had two or more.
One in five (20.7%) females had two or more chronic diseases, and nearly half (49.0%) of all females had one or more chronic conditions. However, Cell, tissue, and gene therapies are newly regulated in the country, and the regulatory framework for biological medicinal products was first introduced in 2011.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia plasmid dna contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Australia plasmid dna contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia plasmid dna contract manufacturing market size, by application, 2018-2030 (US$M)
Australia Plasmid DNA Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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