India Plasmid Dna Contract Manufacturing Market Size & Outlook
India plasmid dna contract manufacturing market, 2018-2030 (US$M)
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India plasmid dna contract manufacturing market highlights
- The India plasmid dna contract manufacturing market generated a revenue of USD 10.2 million in 2023 and is expected to reach USD 37.6 million by 2030.
- The India market is expected to grow at a CAGR of 20.5% 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 10.2 million |
| Market revenue in 2030 | USD 37.6 million |
| Growth rate | 20.5% (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, India accounted for 3.1% 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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India 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 59.8% in 2023. Horizon Databook has segmented the India plasmid dna contract manufacturing market based on cell & gene therapy, immunotherapy covering the revenue growth of each sub-segment from 2018 to 2030.
The prevalence of chronic diseases is increasing in the country and pDNA has a wide application in the industry, which are the primary factors contributing to growth of the market. Furthermore, the wide use of pDNA in manufacturing the vaccines, especially in COVID-19 vaccines, increases the demand for the pDNA contract manufacturing market.
For instance, India approved the first COVID-19 DNA vaccine in September 2021. It is the first COVID-19 DNA vaccine ever created and was produced as a result of Mission COVID Suraksha in collaboration with DBT-BIRAC. India's ZyCoV-D immunization uses circular DNA to protect against COVID-19 infection.
The Indian government approved Zydus Cadila's DNA vaccine under emergency use authorization, citing results from phase III clinical studies that showed a roughly 66.0% efficacy for symptomatic cases. Thus, the wide use of the pDNA in vaccines & therapies is expected to drive the demand of the pDNA contract manufacturing market in the country.
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Our clientele includes a mix of plasmid dna contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India plasmid dna contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into India plasmid dna contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India plasmid dna contract manufacturing market size, by application, 2018-2030 (US$M)
India Plasmid DNA Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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