Global Viral Vector Manufacturing Market is valued USD 303.8 million in 2018 is anticipated to grow USD 1541.7 million with the compounded annual growth of 24.30 % over the forecast period 2019-2026.
As per the new research study conducted by Report Ocean, Global Viral Vector Manufacturing market industry is poised to raise USD 1541.7 million by 2026. The major factors speculated to augment the markets are ongoing research into viral vector-based gene & cell therapies, and effectiveness of viral vectors. Short shelf-life of viral vectors, and high prices associated with gene therapy are some of the few key restraining factors of the market.
The Adeno-associated vectors subsegment of the Type segment is expected to dominate in terms of market share during the forecast period. This growth can be credited to the diverse applications in most cell-based gene therapies. The Cancers subsegment of the Disease segment is speculated to grow with the highest CAGR throughout the period of study owing to increasing R&D on viral vector gene therapies for cancer. The Gene Therapy subsegment of the Application segment is speculated to grow with the highest CAGR throughout the forecast period of study owing to availability of effective viral vector gene therapies for rare diseases and cancers. The Biopharmaceutical & Pharmaceutical Companies subsegment of the End-Use segment is speculated to dominate with largest market share throughout the period of study owing to successful launch of viral vector gene therapies.
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The leading market players mainly include-
CGT Catapult
Lonza
UniQure
Merck
Cobra Biologics
Oxford BioMedica
FUJIFILM Diosynth Biotechnologies
Novasep
Spark Therapeutics
Kaneka Eurogentec
Brammer Bio
Massbiologics
Finvector Vision Therapies
Regenxbio
Thermo Fisher Scientific, Inc.
Sanofi
Shenzhen SiBiono GeneTech Co., Ltd.,
Key findings of the study:
Report Ocean has considered following segments for the study:
By Type:
By Disease:
By Application:
By End-User:
Regional Outlook:
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