Global Viral Vector Market Size & Outlook, 2023-2030
Global viral vector market, 2018-2030 (US$M)
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Global viral vector market highlights
- The global viral vector market generated a revenue of USD 3,433.5 million in 2023 and is expected to reach USD 7,355.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.5% by 2030.
- In terms of segment, adeno-associated virus (aav) accounted for a revenue of USD 1,677.8 million in 2023.
- Adeno-associated virus (AAV) is the most lucrative vector type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,433.5 million |
| Market revenue in 2030 | USD 7,355.0 million |
| Growth rate | 11.5% (CAGR from 2023 to 2030) |
| Largest segment | Adeno-associated virus (aav) |
| Fastest growing segment | Adeno-associated virus (AAV) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adeno-associated virus (AAV), Lentivirus, Retrovirus, Adenovirus |
Other key industry trends
- In terms of revenue, the North America accounted for 48.1% of the global viral vector market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 10.6 million by 2030.
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Viral Vector Market Scope
Viral Vector Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global viral vector 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 market will help companies and investors design strategic landscapes.
Adeno-associated virus (aav) was the largest segment with a revenue share of 48.87% in 2023. Horizon Databook has segmented the Global viral vector market based on adeno-associated virus (aav), lentivirus, retrovirus, adenovirus covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Viral Vector Vector Type Outlook (Revenue, USD Million, 2018-2030)
- Adeno-associated virus (AAV)
- Lentivirus
- Retrovirus
- Others
- Adenovirus
- Global Viral Vector Application Outlook (Revenue, USD Million, 2018-2030)
- Cell & Gene Therapy
- Vaccine
- Biopharmaceutical & Pharmaceutical Discovery
- Global Viral Vector End-user Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical and Biotechnology Companies
- Academic and Research Institutes
- CROs & CMOs
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Target buyers of Global viral vector market databook
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Our clientele includes a mix of viral vector 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 global-level data and insights on the Global viral vector market , including forecasts for subscribers. This global databook contains high-level insights into Global viral vector market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global viral vector market size, by regions, 2018-2030 (US$M)
Top 10 countries: Viral vector market size, 2023 (US$M)
Global viral vector market share, by vector type, 2023 & 2030 (%, US$M)
Viral vector market: Opportunity assessment by country
Global viral vector market, by region, 2023 (US$M)
| Vector Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 814.1 | 969.7 | 1,242.3 | 1,363.9 | 1,499.8 | 1,652.0 | 1,823.2 | 2,015.8 | 2,232.7 | 2,477.8 | 2,755.3 | 3,069.5 | 3,426.7 | 11.0% |
| Europe | 417.2 | 501.0 | 647.1 | 716.2 | 794.1 | 882.1 | 981.7 | 1,094.6 | 1,223.1 | 1,369.2 | 1,535.9 | 1,726.4 | 1,944.7 | 12.0% |
| Asia Pacific | 301.0 | 364.6 | 475.1 | 530.6 | 593.6 | 665.4 | 747.3 | 841.2 | 948.6 | 1,072.2 | 1,214.4 | 1,378.3 | 1,567.7 | 13.0% |
| Latin America | 85.1 | 100.1 | 126.4 | 136.9 | 148.4 | 161.2 | 175.4 | 191.2 | 208.7 | 228.2 | 249.9 | 274.3 | 301.6 | 9.4% |
| MEA | 43.2 | 49.6 | 61.2 | 64.8 | 68.7 | 72.8 | 77.3 | 82.1 | 87.5 | 93.4 | 99.7 | 106.5 | 114.3 | 6.7% |
| Overall | 1,660.6 | 1,985.0 | 2,552.1 | 2,812.4 | 3,104.6 | 3,433.5 | 3,804.9 | 4,224.9 | 4,700.6 | 5,240.8 | 5,855.2 | 6,555.0 | 7,355.0 | 11.5% |
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