Plasmid DNA Manufacturing Market Analysis, Trends & Growth Report (2024-2032) | UnivDatos

0
40

According to the Univdatos, the rise in prevalence of cancer, and infectious diseases, increasing demand for gene therapies, expansion of combination therapy, and increasing focus towards research and development drive the Plasmid DNA manufacturing market. As per their “Plasmid DNA Manufacturing Market” report, the global market was valued at USD 521.54 million in 2023, growing at a CAGR of about 20.11% during the forecast period from 2024 - 2032 to reach USD million by 2032.

Increasing Collaboration Activities are driving high demand in North America

North American plasmid DNA manufacturing is one of the leading markets in the world. This growth is a result of the rising need for gene therapies, genetic vaccines, and better and superior medical treatments, especially for diseases that are becoming more and more prevalent throughout the globe. With important investments in biotechnology and a qualified population with adequate access to healthcare services, North America is showing tremendous growth. Furthermore, impressive partnerships between market stakeholders and universities are helping to drive innovation further into plasmid-based treatments and vaccines.

Access sample report (including graphs, charts, and figures): https://univdatos.com/reports/plasmid-dna-manufacturing-market?popup=report-enquiry

For instance, in May 2024, Siren Biotechnology, a United States-based company, entered a strategic partnership with Catalent Inc., the leader in enabling the development and supply of better treatments for patients worldwide, to support the development and manufacturing of Siren Biotechnology’s AAV immuno-gene therapies.

Growing Plasmid DNA Manufacturing Facilities in the United States

The United States is one of the largest markets for plasmid DNA in the world. Some of the factors contributing to the expansion of the market include the growing number of cancer and genetic disorder cases which require better treatment methods and more manufacturing facilities. The US has a wide array of biopharmaceutical firms and CDMOs that provide GMP services, which improves the country’s competitiveness within the industry. Furthermore, any favorable governmental policies that seek to promote gene therapies also fuel the uptake of plasmid DNA products. This growth also improves patient care through the availability of new therapeutic approaches while placing companies based in the United States at the cutting edge of biopharmaceutical development worldwide.

For instance, in July 2022, Thermo Fisher Scientific Inc., the world leader in serving science, opened a new cGMP plasmid DNA manufacturing facility in Carlsbad, California, enabling it to meet rapidly growing demand for plasmid DNA-based therapies and vital mRNA-based vaccines.

Growing Biopharmaceutical Industry is driving high demand in Canada

Plasmid DNA manufacturing in Canada is still a developing industry and is growing massively. This development is caused by the increase in healthcare expenditure and the development of the pharmaceutical market based on new therapeutic methods. Canada has a well-developed research infrastructure consisting of academic and knowledge-based organizations working with biotechnology companies to develop R&D projects with relevance to therapeutic applications of plasmids. As Canada increases its capacity to develop plasmid DNA for therapeutics, the country further strengthens its standing as a biopharmaceutical player in the global market. It can provide better health for the people by developing new therapies for the consistent genetic diseases that are found widespread in the Canadian people, as well as, encouraging foreign investments to the local biotechnology-based companies.

For instance, in June 2024, Entos Pharmaceuticals, a clinical-stage biotechnology company developing genetic medicines with its proprietary Fusogenix PLV nucleic acid delivery platform, and its partner, Aegis Life, Inc., announced that Entos has received approval from Health Canada to initiate a phase 1/2 clinical trial evaluating Covigenix VAX-002, an investigational COVID-19 booster vaccine, which is a plasmid DNA vaccine.

Click here to view the Report Description & TOC : https://univdatos.com/reports/plasmid-dna-manufacturing-market

Conclusion

The market in North America has great growth potential because the region has a high prevalence and incidence of cancer. The availability of the advanced biotechnology industry, favorable regulatory structures, growing research, and development, along with increased collaboration activities influence the market’s growth. North America's commitment to bringing innovation in this market further escalates North America’s position as the leading region for the plasmid DNA manufacturing market.

Contact Us:

UnivDatos

Contact Number - +1 978 733 0253

Email - contact@univdatos.com 

Website - www.univdatos.com

Linkedin- https://www.linkedin.com/company/univ-datos-market-insight/mycompany/

 

Pesquisar
Categorias
Leia mais
Início
M3M Golf Hills Sector-79, Gurgaon
M3M Golf Hills Sector 79 Gurgaon: Where Golf Meets Grandeur in the Lap of Aravallis Welcome to...
Por Manoj Pal 2025-04-11 09:45:59 0 391
Gardening
清酒と料理の最高ペアリング体験!食卓を彩る日本酒の選び方
日本酒(清酒)は、料理との相性を楽しめる稀有なアルコール飲料です。ワインと同じように、どの食材や味付けと合わせるかによって、清酒の印象も大きく変わります。今回は、清酒と料理の“最高の...
Por Marketing Manager 2025-05-25 06:24:50 0 188
Outro
Biofungicides Market Industry Trends and Forecast to 2029
"The Biofungicides Market sector is undergoing rapid transformation, with significant...
Por Mangesh Kokate 2025-05-21 10:04:16 0 111
Outro
Tote Bags Market Witnesses Global Expansion Driven by Sustainability Trends and Fashion Appeal
" Global Tote Bags Market Size, Share, and Trends Analysis Report—Industry Overview and...
Por Rahul Rangwa 2025-05-26 04:23:39 0 93
Outro
Plastic Compounding market Analysis, Size & Report 2034
Certainly! Here's a comprehensive overview of the Plastic Compounding Market, encompassing...
Por Anna Sargar 2025-05-22 08:04:17 0 152