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Follow on Google News | Viral Vector & Plasmid DNA Manufacturing Market to Reach USD 24.6 Billion by 2032The Viral Vector & Plasmid DNA Manufacturing Market Size accounted for USD 5.4 Billion in 2023 and is estimated to achieve a market size of USD 24.6 Billion by 2032 growing at a CAGR of 18.5% from 2024 to 2032.
By: medpharmanews.com Viral vectors and plasmid DNA manufacturing market are critical components in the development of gene therapies, vaccines, and advanced biopharmaceutical treatments. The rising prevalence of genetic disorders, cancers, and infectious diseases is accelerating demand for high-quality viral vectors and plasmid DNA for research, clinical trials, and commercial therapeutic applications. Leading Companies in the Viral Vector & Plasmid DNA Manufacturing Market The market is highly competitive, with major biotech and pharmaceutical firms investing in state-of-the- Key Market Players:
Major Growth Drivers of the Viral Vector & Plasmid DNA Manufacturing Market 1. Rising Demand for Gene and Cell Therapy Treatments
Key Challenges Facing the Viral Vector & Plasmid DNA Manufacturing Industry 1. High Production Costs & Complex Manufacturing Processes
Expansion of Gene Therapy Approvals – More regulatory approvals for gene-based treatments will drive demand for high-quality viral vectors and plasmid DNA. Advancements in CRISPR & Gene Editing – Growing use of CRISPR-Cas9 for genome engineering and disease treatment will support market growth. Rise of AI-Driven Biomanufacturing – AI-based process automation and analytics will enhance efficiency and scalability in viral vector production. Click Here For More Details: https://www.globenewswire.com/ End
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