Market revenue in 2023 | USD 60.7 million |
Market revenue in 2030 | USD 164.0 million |
Growth rate | 15.3% (CAGR from 2023 to 2030) |
Largest segment | Gmp grade |
Fastest growing segment | GMP Grade |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 86% in 2023. Horizon Databook has segmented the Middle East & Africa plasmid dna manufacturing market based on r&d grade, gmp grade covering the revenue growth of each sub-segment from 2018 to 2030.
The incidence of cancer is expected to significantly increase in the Middle East in the coming years. Presence of unmet medical needs has fueled the demand for robust cancer management, which, in turn, increases the demand for viral vectors and plasmid DNAs.
Furthermore, the high safety, specificity, and efficacy of gene therapies over other treatment methodologies and increasing awareness about gene therapy among people are anticipated to increase the demand for viral vectors for producing therapeutic products over the forecast period.
In February 2020, two sisters from Abu Dhabi received the country’s first gene therapy treatment for vision loss caused due to irreversible blindness at Cleveland Clinic, UAE. This improved the vision of both sisters after treatment with gene therapy.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa plasmid dna manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa plasmid dna manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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