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Viral Vector Manufacturing Market 2019 | Rising Status of Key Players, Industry Size & Share, Growth Factors, New Technologies Revenue Forecast by 2024

Viral

The “Viral Vector Manufacturing Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Viral Vector Manufacturing market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Viral Vector Manufacturing market is provided in detail in the report.

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Viral Vector Manufacturing Market Covers Key Players:

  • Cobra Biologics
  • Finvector Oy
  • Fujifilm Diosynth Biotechnologies U.S.A., Inc.
  • Kaneka Corporation (Eurogentec)
  • Merck KGaA
  • Novasep Inc.
  • Oxford BioMedica Plc.
  • Sanofi SA
  • Spark Therapeutics Inc.
  • Thermo Fisher Scientific Inc.

    Market Overview:

  • The viral vector manufacturing market is expected to register a CAGR of 19% over the forecast period. Certain factors that are driving the market include the rising prevalence of genetic disorders, cancer, and infectious diseases, the increasing number of clinical studies, and availability of funding for gene therapy development, and potential applications in novel drug delivery approaches.
  • Currently, several viral vector-based drugs have been approved. For instance, Gendicine™, the first gene therapy drug uses an oncolytic adenovirus vector, GlyberaRR (Alipogene tiparvovec) is a recombinant AAV product for lipoprotein lipase deficiency, and StrimvelisR which is a lentivirus vector for severe combined immunodeficiency (SCID) was approved in Europe. Furthermore, the second-generation oncolytic herpes simplex virus-1 expressing GM-CSF (Granulocyte-macrophage colony-stimulating factor) was recently approved for melanoma treatment in Europe and the United States, under the name T-vec (talimogene laherparepvec). Furthermore, there are significant government initiatives for the development of precision and personalized medicine in place, which are supplementing the R&D activities of academia and the industry. The government initiatives are driving the market’s growth through direct funding, increasing awareness, and streamlining the regulatory environment via changes, such as fast track approval processes.
  • Hence, owing to the availability of funding, the market for viral vector manufacturing is expected to grow in the future.

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Viral Vector Manufacturing Market opportunities and recommendations for new investments

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    Scope of the Report:

  • As per the scope of this report, viral vectors represent one of the primary tools that can be used to deliver genetic material into cells. Viral vectors can be utilized in gene therapy, for the treatment of different diseases, such as heart defects, metabolic diseases, cancers, and neurodegenerative disorders. Viral vectors that are based on adenoviruses, adeno-associated viruses, lentiviruses, retroviruses, herpes simplex viruses, and baculovirus, among others, are being routinely used in life science research, and are finding their applications in vaccinology and novel drug delivery approaches.
  • The report gives a detailed analysis of the types of viral vectors, the diseases it deals with, and its applications along with the geographical considerations.

    Key Market Trends:

    The Cancer Sub-segment is Expected to Grow Faster in the Disease Segment

    In the field of oncology, viral vector-based gene therapy has demonstrated steady progress. A multitude of viral vectors has been engineered for both therapeutic and preventive applications, in cancers. A critical development in viral vector-based cancer therapy has been the application of engineered and naturally occurring oncolytic viral vectors. These vectors are programmed to specifically replicate inside the cancer cells and induce toxic effects, which ultimately results in apoptosis. The attractive features of viral vectors relate to their capability to provide high levels of transgene expression, in a broad range of host cells.

    The high demand for effective therapeutics for the management of cancers, the presence of fast track approval process, and the prospects of novel drugs to turn into blockbuster products are primary reasons responsible for the significant R&D investments in the field of viral vector-based cancer therapeutics, which, in turn, is driving the market’s growth.

    North America Dominates the Market and is Expected to Follow the Same Trend in the Future As Well

    North America currently dominates the market for viral vector manufacturing and is expected to continue its stronghold for a few more years. The United States holds the largest market share in the North American region owing to factors, such as the high adoption rate of new therapies and high awareness of the general population. The increasing prevalence of genetic and chronic disorders, such as cancer, an aging population, growing demand for targeted and personalized medicine, and favorable government initiatives are the factors responsible for the significant market size in the United States.

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    Detailed TOC of Viral Vector Manufacturing Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Prevalence of Genetic Disorders, Cancer, and Infectious Diseases
    4.2.2 Increasing Number of Clinical Studies And Availability of Funding For Gene Therapy Development
    4.2.3 Potential Applications in Novel Drug Delivery Approaches
    4.3 Market Restraints
    4.3.1 High Cost of Gene Therapies
    4.3.2 Challenges in Viral Vector-manufacturing Capacity
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 Adenoviral Vectors
    5.1.2 Adeno-associated Viral Vectors
    5.1.3 Lentiviral Vectors
    5.1.4 Retroviral Vectors
    5.1.5 Other Types
    5.2 By Disease
    5.2.1 Cancer
    5.2.2 Genetic Disorders
    5.2.3 Infectious Diseases
    5.2.4 Other Diseases
    5.3 By Application
    5.3.1 Gene therapy
    5.3.2 Vaccinology
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Cobra Biologics
    6.1.2 Finvector Oy
    6.1.3 Fujifilm Diosynth Biotechnologies U.S.A., Inc.
    6.1.4 Kaneka Corporation (Eurogentec)
    6.1.5 Merck KGaA
    6.1.6 Novasep Inc.
    6.1.7 Oxford BioMedica Plc.
    6.1.8 Sanofi SA
    6.1.9 Spark Therapeutics Inc.
    6.1.10 Thermo Fisher Scientific Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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    Email: [email protected]

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