India Viral Vector And Plasmid Dna Manufacturing Market Size & Outlook
India viral vector and plasmid dna manufacturing market, 2018-2030 (US$M)
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India viral vector and plasmid dna manufacturing market highlights
- The India viral vector and plasmid dna manufacturing market generated a revenue of USD 196.4 million in 2023 and is expected to reach USD 796.3 million by 2030.
- The India market is expected to grow at a CAGR of 22.1% from 2024 to 2030.
- In terms of segment, adeno-associated virus (aav) was the largest revenue generating vector type in 2023.
- Adeno-associated virus (AAV) is the most lucrative vector type segment registering the fastest growth during the forecast period.
Viral vector and plasmid dna manufacturing market data book summary
| Market revenue in 2023 | USD 196.4 million |
| Market revenue in 2030 | USD 796.3 million |
| Growth rate | 22.1% (CAGR from 2023 to 2030) |
| Largest segment | Adeno-associated virus (aav) |
| Fastest growing segment | Adeno-associated virus (AAV) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adeno-associated virus (AAV), Lentivirus, Adenovirus, Retrovirus, Plasmids |
| Key market players worldwide | Merck KGaA, Lonza Group Ltd, FUJIFILM Holdings Corp, Thermo Fisher Scientific Inc, Catalent Inc, WuXi Biologics (Cayman) Inc, Takara Bio Inc, Batavia Biosciences, Miltenyi Biotec, Revvity Inc, BioNTech SE ADR, Astellas Pharma Inc, Biomarin Pharmaceutical Inc, Regenxbio Inc |
Other key industry trends
- In terms of revenue, India accounted for 3.7% of the global viral vector and plasmid dna 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 viral vector and plasmid dna manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,175.2 million by 2030.
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Viral Vector And Plasmid DNA Manufacturing Market Scope
Viral Vector And Plasmid DNA Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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India viral vector and 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 viral vector and plasmid dna manufacturing market will help companies and investors design strategic landscapes.
Adeno-associated virus (aav) was the largest segment with a revenue share of 20.16% in 2023. Horizon Databook has segmented the India viral vector and plasmid dna manufacturing market based on adeno-associated virus (aav), lentivirus, adenovirus, retrovirus, plasmids covering the revenue growth of each sub-segment from 2018 to 2030.
The Growing community awareness about cell and gene therapy promotes industrial growth. The availability of licensed gene therapy products and increase in adoption of cell & gene therapy products to treat various diseases are the key factors driving market growth in India.
Furthermore, plasmid DNA serves as the basis for gene therapies as well as DNA vaccines for a variety of infectious, hereditary & acquired disorders, as well as enteric infections.
Moreover, plasmid DNA is in demand in India due to the increase in R&D efforts for improving medicines that target a disease's genomic origin, due to the rising demand for effective disease treatment therapies.
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Target buyers of India viral vector and plasmid dna manufacturing market databook
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Our clientele includes a mix of viral vector and plasmid dna manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India viral vector and plasmid dna manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into India viral vector and plasmid dna manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India viral vector and plasmid dna manufacturing market size, by vector type, 2018-2030 (US$M)
India Viral Vector And Plasmid DNA Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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