Plasmid DNA Manufacturing Market Market Trends

  • Report ID: 6369
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Plasmid DNA Manufacturing Market Market Trends

Growth Factors:

  • Rise in research and development activities: The rise in R&D activities is a crucial driving force in the plasmid DNA manufacturing market, fueled by the exploration of innovative applications such as Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR), gene editing, and RNA therapeutics, collaborations and partnerships between academia and industries, adherence to systematized and evolving regulatory standards, and optimization of manufacturing processes. These factors collectively are the reasons behind constant innovation, development, and discoveries leading to the uninterrupted growth of this field.

    In February 2023, BioNTech SE announced the infrastructure completion of its new Plasmid DNA manufacturing unit in Marburg, Germany, to produce plasmid DNA for clinical and commercial products at cost-effective prices. 
  • Increasing demand for gene therapies: The plasmid DNA manufacturing market is significantly influenced by the growing need for gene therapy since these developments depend mostly on premium pDNA as vectors for genes. Gene therapies are proven to have the potential to cure genetic disorders. Moreover, some pioneering breakthroughs during the clinical trials and regulatory approvals by gene therapy have fostered a push towards this driving force and have gained investments. Consequently, there is a need for efficient, scalable, and high-purity pDNA synthesis, which is driving advancements in technologies and production processes.
  • Rising prevalence of cancer and other rare diseases: According to the World Health Organization (WHO), cancer has become a leading cause of death worldwide. Plasmid DNA is gaining importance as it has become a promising tool for cancer treatment, offering a targeted and flexible approach to combat different types of cancers. Additionally, plasmid DNA-based treatments exhibit evident outcomes in combination with other therapies such as chemotherapy and radiation to enhance the effectiveness and increase the cure rate.

Challenges  

  • Plasmid designs and optimization: Plasmid designing and its optimization are critical steps in the production process of Plasmid DNA. It involves a careful monitoring of the plasmid’s instruction to be right, stable, and well-stated. These loopholes can lead to poor yields, impaired gene expression, and increased production costs.   
  • Stringent regulatory norms: Abiding by the norms and regulations have a great influence on the plasmid DNA market. Although they assure safety and effectiveness, organizations such as the Food and Drug Administration (FDA) and the European Medicines Agency (EMA) can create trouble. Products made from plasmid DNA, for instance, have strict requirements for their potency, purity, and quality. Manufacturers are deemed and bound to go through a lot of paperwork to submit, complicated approval procedures, and frequent inspections to endure.

Plasmid DNA Manufacturing Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

18.8%

Base Year Market Size (2023)

USD 1.9 billion

Forecast Year Market Size (2036)

USD 15 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 6369
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The plasmid DNA manufacturing market size was USD 1.9 billion in 2023.

The global plasmid DNA manufacturing market size was USD 1.9 billion in 2023 and is anticipated to reach USD 15 billion by the end of 2036, expanding at a CAGR of 18.8% over the forecast period, i.e., 2024-2036.

JAFRAL, Ltd., Delphi Genetics, Aldevron, VGXI, Inc., and Akron Biotech are some prominent companies in the plasmid DNA manufacturing market.

Viral vectors segment is anticipated to hold the largest share.

North America is projected to offer lucrative prospects in the plasmid DNA manufacturing market.
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