Canada Plasmid Dna Manufacturing Market Size & Outlook
Canada plasmid dna manufacturing market, 2018-2030 (US$M)
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Canada plasmid dna manufacturing market highlights
- The Canada plasmid dna manufacturing market generated a revenue of USD 74.8 million in 2023 and is expected to reach USD 307.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 22.4% from 2024 to 2030.
- In terms of segment, gmp grade was the largest revenue generating grade in 2023.
- GMP Grade is the most lucrative grade segment registering the fastest growth during the forecast period.
Plasmid dna manufacturing market data book summary
| Market revenue in 2023 | USD 74.8 million |
| Market revenue in 2030 | USD 307.7 million |
| Growth rate | 22.4% (CAGR from 2023 to 2030) |
| Largest segment | Gmp grade |
| Fastest growing segment | GMP Grade |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | R&D Grade, GMP Grade |
| Key market players worldwide | Charles River Laboratories International Inc, Danaher Corp, Kaneka Corp, Eurofins Scientific SE, Lonza Group Ltd, Akron Biotechnology, Luminous BioSciences, Lonza Group Ltd ADR, Cell & Gene Therapy, Nature Technology, VGXI |
Other key industry trends
- In terms of revenue, Canada accounted for 4.1% of the global plasmid dna 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 manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 307.7 million by 2030.
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Plasmid DNA Manufacturing Market Scope
Plasmid DNA Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada plasmid dna 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 manufacturing market will help companies and investors design strategic landscapes.
Gmp grade was the largest segment with a revenue share of 85.83% in 2023. Horizon Databook has segmented the Canada plasmid dna manufacturing market based on r&d grade, gmp grade covering the revenue growth of each sub-segment from 2018 to 2030.
Canada plasmid DNA manufacturing market is anticipated to grow at a lucrative CAGR during the forecast period. This high growth can be attributed to the increasing healthcare expenditure and expanding pharmaceutical industry in the country, which is expected to fuel the demand for plasmid DNA manufacturing products for research & clinical purposes.
However, a majority of Canadian pharmaceutical and biotechnology industry players are small- and medium-sized companies, which limits the adoption of innovative and advanced plasmid DNA manufacturing products in the country.
Furthermore, extensive R&D initiatives being undertaken by local players for COVID-19 and cancer mitigation, as a result of continuous public-private funding, are anticipated to create lucrative opportunities for plasmid DNA manufacturing products in the country.
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Our clientele includes a mix of plasmid dna manufacturing market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada plasmid dna manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Canada plasmid dna manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada plasmid dna manufacturing market size, by grade, 2018-2030 (US$M)
Canada Plasmid DNA Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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