Viral Vector and Plasmid DNA Testing Services market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

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Viral Vector and Plasmid DNA Testing Services market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

Status : August, 2020 | Biotechnology | PPT format

Report Digest


Global Viral Vector and Plasmid DNA Testing Services market: Overview

The global viral vector and plasmid DNA testing services market is estimated to be influenced by the increased innovation and spending in research and development activities relating to the field. Viral vectors are those tools that are popular amongst the molecular biologists and they make wide use of these tools to deliver genetic materials into cells. This same procedure can be conducted in cell culture (in vitro) or inside a living organism (in vivo). Viruses have developed into specialized molecular mechanisms in a bid to carry their genomes inside the cells that they infect. On the other hand, plasmids are small DNA molecules, which are separated physically from the chromosomal DNA and then they are able to replicate on their own. Abundantly found in bacteria as double-stranded, circular DNA molecules, these organisms are utilized widely in laboratories of biotechnology and genetic engineering. It is there where they are utilized for the purpose of amplifying and cloning or expressing certain types of genes.

The players in the global viral vector and plasmid DNA testing services market are increasingly focusing on the invention of new techniques in a bid to better the characterization of viral vectors is estimated drive the demand for the testing services over the period of analysis, from 2019 to 2029.

The global viral vector and plasmid DNA testing services market has been segmented based on testing services, end user, and region. The main objective of providing such a comprehensive report is to provide a deep insight into the market.

Global Viral Vector and Plasmid DNA Testing Services market: Notable Developments

The global viral vector and plasmid DNA testing services market has witnessed some of the major developments in the last few years. One such significant development of the market is mentioned below:

  • In September 2019, Slovenia-based BIA Separations introduced CORNERSTONE AAV Process Development Service in the market. Following the launch of the service, the company also launched a purification technology called CIMasphere. This technology allows pulling out of host cell DNA and host cell protein before the process of manufacturing in an attempt to provide ultra pure AAV products. This innovation is likely to assist the company generate more revenue in the market.

Some of the key market players of the viral vector and plasmid DNA testing services market comprise the following

  • Charles River Laboratories International, Inc.
  • Advanced Bioscience Laboratories, Inc.
  • Cobra Biologics and Pharmaceutical Services
  • Lonza Group Ltd.
  • WuXi AppTec Group
  • Eurofins Scientific

Global Viral Vector and Plasmid DNA Testing Services Market: Growth Drivers

Inorganic Growth Strategies Likely to Shape Contours of the Market

Viral vectors are customized as per their requirements in certain specific applications but these vectors usually come with a few key characteristics, such as safety, low toxicity, stability, cell type specificity, and identification. These properties of viral vectors are likely to play an important role in supporting growth of the global viral vector and plasmid DNA testing services market. Viral vectors are seldom created from pathogenic viruses and they are altered in such a way that the risk of handling is minimized. Besides, viral vector causes no or minimal effect on the physiology of the infected cell.

A rise in the focus of market players on the development of innovative technologies in an attempt to improve characterization of viral vectors is likely to encourage development of the   global viral vector and plasmid DNA testing services market in the years to come. A case in point is the development of Vac-Man 96 Vacuum Manifold by US-based Promega Corporation. This invention supports the processing of SV 96 plates for PCR product, genomic, and plasmid purification. The product finds utilization in Wizard SV 96 plasmid DNA purification system to isolate plasmid DNA.

Global Viral Vector and Plasmid DNA Testing Services market: Regional Outlook

In the global viral vector and plasmid DNA testing services market, North America is likely to emerge as one of the prominent regions in market. Such growth of the region is attributed to the various inorganic growth strategies taken by market players such as acquisitions, partnerships, and mergers. These strategies are taken to strengthen and widen the product portfolio of the market players present in the region. This factor is likely to boost the growth of the North America in the years to come.

The global viral vector and plasmid DNA testing services market is segmented as:

Testing Services

  • Safety
  • Genetic Characterization
  • Purity
  • Identity
  • Potency

End User

  • Research Organizations
  • Pharmaceutical and Biotechnological Companies

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.