Plasmid DNA Manufacturing Market Scope
Plasmid DNA manufacturing has been done for various applications such as screening clones transfection, sequencing, transfection, cloning, restriction digestion, PCR, and others. It has been observed that the use of plasmid DNA has been increasing due to high incidence rates of genetic disorders, cancer, and infectious diseases. Additionally, rising use of plasmid DNA for new cases of cancer such as bowel, and prostate cancers, as well as increasing requirement patients with rare disorders, are the factors that have been supplementing the overall growth of the market. However, lack of skilled workforce in some geographical locations such as the Middle East and Africa and lack of awareness among people are considered as limiting factors for the market. Moreover, increasing research and development activities by established key players are expected to create new opportunities in the forecasted period.
According to AMA, the Global Plasmid DNA Manufacturing market is expected to see growth rate of 22.98% and may see market size of USD276.96 Million by 2026.
The Players having a strong hold in the market are Cobra Biologics Limited, Richter-Helm BioLogics, Eurogentec, Cell and Gene Therapy Catapult, VGXI Inc.. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Plasmid DNA Manufacturing market throughout the predicted period.
Cobra Biologics Limited (United Kingdom), Richter-Helm BioLogics (Germany), Eurogentec (Belgium), Cell and Gene Therapy Catapult (United States), VGXI Inc. (United States), PlasmidFactory GmbH & Co. KG (Germany), Kaneka Corporation (Japan), Nature Technology Corporation (United States) and Waisman Biomanufacturing (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are FUJIFILM Diosynth Biotechnologies (United States) and LakePharma (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Plasmid DNA Manufacturing market by Type (HQ Plasmid DNA, GMP Plasmid DNA and Non-GMP Plasmid DNA), by Application (Cancer, Inherited Disorders, Viral Infections, DNA vaccines, DNA-based gene therapy and Other) and Region with country level break-up.
On the basis of geography, the market of Plasmid DNA Manufacturing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Rising Use of Plasmid DNA for New Cases of Cancer such As Bowel, and Prostate Cancers
Market Drivers
- Increase in Occurrence and Incidence Rates Of Genetic Disorders, Cancer, and Infectious Diseases
- Rising Demand Due to High Requirement from Patients with Rare Disorders
Opportunities
- Increasing Adoption of Plasmid DNA for Latest Treatment Options in Developing Countries such India, China and Others
- Increasing Research and Development Activities by Established Key Players
Restraints
- Rising Use of Plasmid DNA for New Cases of Cancer such As Bowel, and Prostate Cancers
Challenges
- Lack of Skilled Workforce in Some Geographical Locations such as the Middle East and Africa
Key Target Audience
Plasmid DNA Manufacturers, Raw Material Suppliers, Suppliers & Distributors, Potential Investors, Private Research Organization, Government Association and Others