Canada Plasmid Dna Contract Manufacturing Market Size & Outlook
Canada plasmid dna contract manufacturing market, 2018-2030 (US$M)
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Canada plasmid dna contract manufacturing market highlights
- The Canada plasmid dna contract manufacturing market generated a revenue of USD 12.0 million in 2023 and is expected to reach USD 37.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 17.7% 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 12.0 million |
| Market revenue in 2030 | USD 37.5 million |
| Growth rate | 17.7% (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, Canada accounted for 3.7% 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 North America, U.S. plasmid dna contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 497.8 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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Canada 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 60% in 2023. Horizon Databook has segmented the Canada plasmid dna contract manufacturing market based on cell & gene therapy, immunotherapy covering the revenue growth of each sub-segment from 2018 to 2030.
The key factors contributing to growth of the market are increasing demand for pDNA in various medical therapies. Furthermore, the wide application of the pDNA in various therapeutic areas & diseases, including chronic diseases such as cardiovascular diseases, cancer, & autoimmune disorders, would increase the demand for pDNA manufacturing market.
Moreover, in Canada, cell therapies are limited to hospital settings in some areas, however, it is unclear whether limited hospital budgets & efforts to manage gene therapy costs would affect private payers.
The high cost of therapies leads to the need for sponsors to plan & design the sustainability of these therapies for chronic diseases like migraine & muscular dystrophy in the pipeline, as the spending has increased dramatically over the past 10 years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada plasmid dna contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Canada plasmid dna contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada plasmid dna contract manufacturing market size, by application, 2018-2030 (US$M)
Canada Plasmid DNA Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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