South Korea Viral Vector And Plasmid Dna Manufacturing Market Size & Outlook
South Korea viral vector and plasmid dna manufacturing market, 2018-2030 (US$M)
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South Korea viral vector and plasmid dna manufacturing market highlights
- The South Korea viral vector and plasmid dna manufacturing market generated a revenue of USD 103.3 million in 2023 and is expected to reach USD 379.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 20.4% 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 103.3 million |
| Market revenue in 2030 | USD 379.4 million |
| Growth rate | 20.4% (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, South Korea accounted for 1.9% 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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South Korea 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 20.33% in 2023. Horizon Databook has segmented the South Korea 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.
South Korea exhibits high potential for R&D capabilities in the pharmaceutical and biopharmaceutical sectors, which is expected to boost the demand for plasmid DNA products for research purposes.
Cancer research has become a national priority for the Korean government. The Korean government supports several universities, institutions, and researchers to facilitate cancer research activities, which is anticipated to create high demand for DNA products in the country.
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Target buyers of South Korea 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 South Korea viral vector and plasmid dna manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea viral vector and plasmid dna manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea viral vector and plasmid dna manufacturing market size, by vector type, 2018-2030 (US$M)
South Korea Viral Vector And Plasmid DNA Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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