MarkNtel Advisors recently published a detailed industry analysis of the Viral Vector Manufacturing Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Insights and Analysis of the Viral Vector Manufacturing Market (2024-2030)

The Global Viral Vector Manufacturing Market is estimated to grow at a CAGR of around 19.22% during the forecast period, i.e., 2024-30. 

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What is driving the Viral Vector Manufacturing Market?

Increased Burden of Genetic Disorders – During the past few years, there has been a significant surge in the number of genetic disorders globally. Among them, there has been a significant rise in the number of patients with hemophilia. For instance, the World Federation of Hemophilia (WFH) reported a global count of approximately 257,146 individuals diagnosed with the condition in 2022. Specifically, hemophilia A and B cases were recorded at 208,957 and 42,203, respectively. This surge in instances of hemophilia has resulted in an amplified demand for gene therapy for treatment purposes. Thus, this demand has consequently driven the need for viral vectors, essential for delivering gene therapy, thereby accelerating growth in the Viral Vector Manufacturing Market.

Additionally, the rising prevalence of other genetic blood disorders, notably sickle-cell disease and thalassemia, has further fueled market growth. According to the World Health Organization (WHO), approximately 5% of the global population carries trait genes for hemoglobin disorders, predominantly sickle-cell disease and thalassemia. Furthermore, increasing awareness and initiatives by government and non-governmental organizations aimed at educating the public about these genetic disorders and facilitating their diagnosis and treatment are contributing to the increased number of diagnosed patients who require therapies.

What segments define the Viral Vector Manufacturing Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

By Vector Type

(Adenoviral Vector, Adeno-Associated Viral Vector, Lentiviral Vector, Herpes Simplex Viral-Vector, Retroviral Vector, Others (CMV, HSV-1, Vaccina, etc.)),

By Application

(Gene Therapy, Cell Therapy, Vaccines, (Non-Replicating Viral Vector Vaccines, Replicating Viral Vector Vaccines)), ndication (Genetic Disorders, (Hemophilia, Sickle Cell Disease, Duchenne muscular dystrophy, Beta-Thalassemia, Spinal Muscular Atrophy (SMA), Others (inherited retinal disorder, cerebral adrenoleukodystrophy (CALD, severe combined immunodeficiency due to adenosine deaminase deficiency)), Cancer, (Bladder Cancer, Blood Cancer, Head Neck Cancer), Infectious Diseases, (COVID-19, Ebola Virus, Malaria),

By Scale of Operation

(Pre-Clinical, Clinical, Commercial),

By End User

(Biotech Companies, Pharmaceutical Companies, Research Organizations)

By Regions

North America, South America, Europe, Asia-Pacific, Middle East Africa

Explore the Complete Viral Vector Manufacturing Market Analysis Report – https://www.marknteladvisors.com/research-library/viral-vector-manufacturing-market.html

Who are the leading key players shaping the Viral Vector Manufacturing Market landscape?

Oxford Biomedica PLC, Charles River Laboratories, FUJIFILM Corporation, Lonza, Merck KgaA, Catalent, Inc., AGC Biologics, Thermo Fisher Scientific Inc., Vector BioMed, Biovian Oy, ReiThera srl, Curia Global, Inc., Aurigene Pharmaceutical Services Ltd., Revvity, etc.

Questions Addressed in this Study

1.What factors are driving the Viral Vector Manufacturing Market growth?

2.How is the Viral Vector Manufacturing Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Viral Vector Manufacturing Market?

4.What is the current size of the Viral Vector Manufacturing Market, and how is it projected to change in the future?

6.What is the future outlook for the Viral Vector Manufacturing Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.

Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals.

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