GMP Plasmid DNA Manufacturing Market [Latest Report] by Size, Business Strategies, Tech Analysis by 2031
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GMP Plasmid DNA Manufacturing Market Size at the Same Pace in FY31, and expected to reach USD 1458.52 million, Witness a Significant Growth rate [CAGR of 11.97%] by 2031.
In 2023, ‘GMP Plasmid DNA Manufacturing market ’ Size Research |NO_OF_PAGES 120 | Meet your business needs with Significant Insights | 2031. Company Profile, qualitative analysis, industry Business Information, Innovations, and important business tactics, Market Share, geographical insights, in Information Technology industry with products by type [Pre-Clinical Therapeutics, Clinical Therapeutics, Marketed Therapeutics], by application [Gene Therapy, DNA Vaccines, Immunotherapy, Others].
Who is the largest manufacturer of GMP Plasmid DNA Manufacturing Market worldwide?
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Short Description About GMP Plasmid DNA Manufacturing Market:
Market Overview of Global GMP Plasmid DNA Manufacturing market: According to our latest research, the global GMP Plasmid DNA Manufacturing market looks promising in the next 5 years. As of 2022, the global GMP Plasmid DNA Manufacturing market was estimated at USD 740.12 million, and it’s anticipated to reach USD 1458.52 million in 2028, with a CAGR of 11.97% during the forecast years. A circular double-stranded DNA present in the cytoplasm of a bacteria that replicate independently from the bacterial chromosome is called a plasmid DNA. The unique property of self-replication makes it unique and available to use in different molecular genetic research such as gene therapy, gene transfer and recombinant DNA technology. Good Manufacturing Practice (GMP) is a system for ensuring that products are consistently produced and controlled according to quality standards. GMP Plasmid DNA Manufacturing meets the GMP standard. Pharmaceutical companies cooperate with contract plasmid manufacturers to speed up the production of nucleic acid-based biopharmaceuticals-including Covid-19 vaccine and gene therapy-based drugs. Plasmids are essential for nucleic acid-based vaccines and gene therapy. Efficient plasmid production is an important factor for large-scale production of several Covid-19 vaccines. Kaneka Eurogentec S.A., an affiliate of Kaneka Corporation, signed an agreement with INOVIO Pharmaceuticals Inc. to manufacture COVID-19 DNA vaccine candidate, INO-4800. Cobra Biologics (Cobra), part of the Cognate BioServices family, an international CDMO manufacturer of biological materials and pharmaceuticals, and Scancell Holdings plc (Scancell), the developer of novel immunotherapies for the treatment of cancer and infectious disease, announced that they have entered into a collaboration for Cobra to manufacture Scancell COVID-19 vaccine. The epidemic has promoted the development of GMP Plasmid DNA Manufacturing industry. Rapid growth of the biopharmaceutical industry In the past two years, the number of research new drugs has increased greatly, and many drugs have been authorized for commercial sale. Due to this growth, contract manufacturers providing GMP-grade plasmids are trying to keep up with the increasing demand. The recent epidemic situation has aggravated this problem, because many candidate vaccines are being developed, including DNA-based vaccines and mRNA-based vaccines, in which plasmid DNA is needed as the starting material of mRNA transcription in vitro. The continuous growth of downstream demand will promote the development of GMP Plasmid DNA Manufacturing industry. The manufacturing process of GMP Plasmid DNA Manufacturing is complicated High-quality plasmid DNA is a key component in cell and gene therapy manufacturing, so it is in great demand. This leads to the need to optimize manufacturing to meet the volume and quality requirements in the manufacture of therapeutic drugs. Because of the large size, shear sensitivity, high viscosity of plasmid DNA (pDNA) and the similarity between pDNA and impurities in the manufacturing process, its manufacturing faces many challenges.
What are the Factors Driving the Growth of the GMP Plasmid DNA Manufacturing Market?
On the basis of the End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share, and growth rate for each application, including:
What are the Types of GMP Plasmid DNA Manufacturing Available in the Market?
On the basis of Product Type, this report displays the production, revenue, price, market share, and growth rate of each type, primarily split into:
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Which Regions are Leading the GMP Plasmid DNA Manufacturing Market?
GMP Plasmid DNA Manufacturing Market Analysis and Highlights:
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