Artificial Pancreas Device System Market 2022 Share, Size, Trend, SWOT Analysis and Forecast to 2030

Artificial Pancreas Device System Market

The requirement for safe and effective devices is the main factor impelling the demand for artificial pancreas device systems. Market reports connected with the healthcare industry have been made available by Market Research Future which generates reports on other business verticals that outlines the current market scenarios.

Artificial Pancreas Device System Market is expected to reach USD 341.08 Million at CAGR of 18% during the forecast period of 2022-2030

The prevalence of diseases like diabetes is motivating the growth of the market for artificial pancreas device system. The market draws considerable benefits from the increased investment being directed into the market to improve the product’s efficiency and efficacy. The device systems are a key step towards the treatment of ailments arising from the faulty function of the pancreas. Thus their advantages are crucial to the expansion of the market. The escalated level of innovations being bought about in the products is a direct result of the aptitude of the inventors and skilled professionals in the market. The continually rising expenditure on healthcare is projected to boost the market for artificial pancreas device system. Moreover, the rise in the geriatric population globally is expected to increase possibilities of growth for the market in the upcoming forecast period.

Major Key Players:

The positive trends witnessed in terms of the development of medical devices is spurring the growth of the artificial pancreas device system as well. The current outlook of the market is positive with a surge in the number of market contenders devoting funds to market development and innovations. The presence of strong contenders in the artificial pancreas device system market is expected to increase the impetus for growth in the coming years. The Artificial Pancreas Device System Market Players are Medtronic Plc, Bigfoot Biomedical, Johnson & Johnson, Dexcom Inc., Cellnovo, Tandem Diabetes Care Inc., Pancreum Inc., TypeZero Technologies LLC, Beta Bionics, F. Hoffmann-La Roche Ltd, Inreda Diabetic B.V. and Insulet Corp to name a few.

Segment Analysis

The global market report on the artificial pancreas device system has been segmented by MRFR analysts on the basis of type and end-user. These segments have insights that can impact the global market by influencing various strategy-making policies. 

By type, the report on the global smart pancreas diabetes device system market can be segmented into CTT (Control to Target) Systems and CTR (Control to Range) Systems. These segments are known for their effective handling of various cases across the world. 

By end users, the global report with a detailed study on the artificial pancreas device system market can be segmented into hospitals and medical centers. Various hospitals are going to contribute substantially to the infrastructure in these spaces can easily handle the complications of the procedures. Also, better investment in the healthcare sector can prove beneficial for the easy incorporation of artificial pancreas device system market. 

Regional Analysis

North America is a region that provides ample scope to regional players in terms of infrastructure and investment. The region provides easy inclusion procedures for various top-class technologies. This, along with superior infrastructure, is set to provide thrust to the market. Hike in investment from both governments and private players are expected to create a path for better research and development scope. In Europe, similar trends would drive markets in Italy, the UK, France, Germany, Spain, and others. Better research facilities are expected to trigger a revenue generation procedure.

The Asia Pacific region is a space that offers residence to a vast number of people. Global players are targeting these people as their potential customers and are trying to expand their business in this region. China, India, and South Korea, with their revamping healthcare sector, are boosting these opportunities. These regions would fetch revenue from various types of artificial pancreas treatment.

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Liquid Handling System Market Global Demand, Opportunities, Top Key Players and Forecast to 2030

Liquid Handling System Market

Liquid handling system simply out is an effective laboratory instrument system that comprises of equipment and tools designed for mixing, combining liquid samples and sampling. It is widely used in laboratories as it helps in reducing the time needed to perform laboratory tasks along with increasing the accuracy and work efficiency. Liquid handling systems are available in various forms ranging from liquid handling workstations that is robotic assisted and integrated with the cloud-based software to simple volumetric pipettes that are used for transferring volumes of liquids that is desired in different life science experiments. It has wide application including protein crystallization, next-generation gene sequencing, microarray spotting, genomic extraction, medicine and chemical manufacturing, cell-based assays, serial dilution, biological preparation as well as handling.

Liquid handling system market is expected to register a CAGR of 6.4% with USD 54.2 billion by 2030.

There are several factors that is driving the growth of the liquid handling system market. These factors according to the MRFR (Market Research Future) report include global expansion of pharmaceutical and biotechnology industries, rising focus on accuracy and data precision, increasing need for HTS (high-throughput screening), technological innovations, increasing investments in drug development, increasing need for high-output screening, increasing adoption of automation especially in clinical settings and increasing expenditure on R&D activities. On the contrary, factors such as complex operability and high cost of set-up may restrict the growth of the liquid handling system market.

Major Key Players:

The Liquid Handling System Market Players are Perkinelmer, Inc., Mettler-Toledo International Inc., Hamilton Company, Sartorius AG, Corning Incorporated, Bio-Rad Laboratories, Tecan Group Ltd., Eppendorf AG, Thermo Fisher Scientific, Inc., Danaher Corporation, and Agilent Technologies.

Segment Analysis

Market Research Future report offers an all-inclusive segmental analysis of the on liquid handling system market the basis of type, application, end-user and product.

Based on type, it is segmented into electronic, automated and manual liquid handling system. Of these, electronic liquid handling system will have the maximum share in the market due to reproducibility and high accuracy that it offers.

Based on application, the liquid handling system market is segmented into proteomics, clinical diagnostics, genomics, small molecule drug discovery and others. Drug discovery is further segmented into compound weighing & dissolution, high throughput screening (HTS), ADME screening and others. Genomics is again segmented into RNA/DNA purification, polymerase chain reaction (PCR), next-generation sequencing (NGS), genotyping and others. Clinical diagnostics is further segmented into ELISA, sample preparation and others.

Based on end-user, it is segmented into contract research organization (CRO), pharmaceutical and biotechnology companies and others.

Based on product, the liquid handling system market is segmented into software, burettes, liquid handling workstations, microplate reagent dispensers, consumables, pipettes and others. Pipettes are again segmented into semi-automated pipettes, electronic pipettes and manual pipettes. Consumables are also further segmented into reagent containers, tubes and plates, disposable tips and others.

Regional Analysis

Based on region, the liquid handling system market covers growth opportunities and latest trends across Americas, Europe, Asia Pacific and Middle East and Africa. Of these, Americas will rule the liquid handling system market over the assessment period due to the existence of healthcare sector that is well-established, high adoption rate of technological advancements and increasing healthcare expenditures. The liquid handling system market in Europe will grab the second position due to the biopharmaceutical sector that is constantly growing coupled with increasing research and development activities. In the Asia Pacific region, the liquid handling system market will be the fastest growing owing to the enhancing life-science research scenario, increasing investments made by the government in biotechnology & pharmaceutical sector and rising development in healthcare sector. On the other hand, the liquid handling system market in the Middle East and Africa will have the lowest share over the assessment period.

About Market Research Future

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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New-Born Screening Market 2022 Global Industry - Key Players, Size, Share, Trends, Opportunities, Growth Analysis and Forecast to 2030

New-Born Screening Market

Newborn screening is the practice of testing every newborn for some harmful or possibly fatal disorders that are not otherwise obvious at birth. New-born screening involves the use of various devices for the screening procedure. Diseases such as phenylketonuria, congenital hypothyroidism, galactosemia, sickle cell disease, cystic fibrosis, tyrosinemia, and other such disorders can be screened using new-born screening devices. The rising prevalence of neonatal conditions and government support along with new-born screening programs have led to the growth of the new-born screening market in recent years. Additionally, increasing neonatal population and technological advancements are likely to contribute to the growth of the market over the assessment period.

The new-born screening market is projected to reach USD 876.61 Million by 2030 at 8.20% CAGR during the forecast period 2022-2030

The key factors driving the market growth are increasing spending by government organizations on healthcare, rising prevalence of diseases in new-born children, and increasing neonatal population. However, factors such as the unreliability of new-born screening tests and lack of proper healthcare infrastructure and trained professionals may hamper the market growth

Major Key Players:

MRFR recognizes the New-Born Screening Market Players are —SCIEX (US), PerkinElmer Inc. (US), WATERS (US), Natus Medical Incorporated (US), Masimo Corporation (US), Agilent Technologies Inc. (US), Bio-Rad Laboratories, Inc. (US), Medtronic (Ireland), GENERAL ELECTRIC (Boston), Trivitron Healthcare (India), and ZenTech SA (Belgium)

Segment Analysis

The global new-born screening market is segmented into product, technology, test type, and end-user

The global new-born screening market by-products has been bifurcated into instruments and reagents and assay kits.  By technology, the new-born screening market has been divided into newborn metabolic screening, DNA assays, electrophoresis, pulse oximetry, immunoassays, and enzymatic assays, and hearing screening technology. Based on the test type, it has been segregated into dry blood spot tests, critical congenital heart disease (CCHD) tests, urine tests, and hearing screening tests. The global new-born screening market, by end-user, has been classified as hospitals, maternity and specialty clinics, diagnostic centers, and others.

Regional Analysis

The global new-born screening market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas are anticipated to hold a significant share in the global new-born screening market. According to data published by the Centers for Disease Control and Prevention (CDC) in November 2018, congenital heart defects (CHD) affect approximately 1% or about 40,000 births per year in the US. Also, increasing awareness and rising demand for new-born screening are expected to drive market growth.

The new-born screening market in Europe is expected to propel owing to factors such as the rising prevalence of neonatal disorders and raising awareness about these disorders and their screening programs. According to a report published by the European Medicines Agency in May 2015, 1 in 10,000 babies born in the European Union was affected by perinatal asphyxia (a neonatal disorder wherein babies are born without enough oxygen in the blood). Also, technological advancements in the industry and government support in terms of National Health Service and health insurance are expected to drive market growth.

Asia-Pacific is anticipated to be the fastest-growing region in the global new-born screening market owing to the rising neonatal population, increasing mortality rate of neonates, and improving healthcare infrastructure. According to data published by the United Nation’s International Children’s Emergency Fund (UNICEF), the rate of neonatal mortality in India was 24% in 2017. According to a report published by the National Center for Biotechnology Information (NCBI) in December 2016, approximately 0.75 million neonates die in India every year. The neonatal mortality rate (NMR) for India is the highest for any country in the world. Also, the rising prevalence of neonatal disorders in developing countries and government support is fueling the growth in the market.

The new-born screening market in the Middle East & Africa is expected to significantly grow owing to the developing healthcare infrastructure and government support. The American Society of Hematology (ASH), led a campaign to fight the sickle cell disease in Africa in June 2018. It also urged the governments, particularly in Sub-Saharan Africa, to invest in new-born screening of the disease. Additionally, raising awareness of newborn screening is fueling the growth in the market.

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Laparoscopy Devices Market Global Market Synopsis, Market Surge, Future Scope, Top Key Players and Forecast to 2030

Laparoscopy Devices Market

As per laparoscopy devices market analysts, the global market is anticipated to witness growth owing to the factors such as increasing demand for minimally invasive surgeries as well as the expanding geriatric population. However, the laparoscopy devices market will face challenges and restraints due to the lack of expertise and post-impact of laparoscopy procedures during the forecast period.

Laparoscopy Devices Market size is expected to reach USD 2,48,427.89 Million while expanding at a CAGR of 31.97% by 2030.
The laparoscopy devices market is a growing sector in the medical device industry, with a focus on minimally invasive surgical procedures. Laparoscopy is a surgical technique that involves making small incisions in the abdomen and inserting a laparoscope (a thin tube with a camera and light) to visualize the internal organs. Laparoscopy can be used for a variety of procedures, including diagnostic testing and surgery.

The laparoscopy devices market research report provides in-depth analysis of the application, end-user, and product segments. The laparoscopy devices market research report presents factors such as the shortage of trained healthcare professionals for laparoscopic procedures that could slow down the laparoscopy devices market's growth.

Major Key Players:

Some of the Laparoscopy Devices Market Players are Becton, Dickinson and Company (US), Smith & Nephew PLC (UK), B. Braun Melsungen AG (Germany), Medtronic PLC (US), Cook Medical LLC (US), Fujifilm Holdings Corporation (Japan), Olympus Corporation (Japan), Stryker Corporation (US), KARL STORZ SE & Co. KG (Germany), Richard Wolf GmbH (Germany)

Segment Analysis

The laparoscopy equipment market has been segmented into application, end-user, and product. Based on the segment which is application, the market is categorized on the basis of bariatric surgery, colorectal surgery, general surgery, gynecological surgery, urological surgery, and others. The global market for laparoscopy devices is further segmented based on end-user into ambulatory centers, hospitals and clinics, and specialty centers. Furthermore, the market, on the basis of product is segmented into access devices, energy devices, handheld instruments, insufflation devices, internal closure devices, laparoscopes, suction/irrigation devices, trocars, and others.

The laparoscopy devices market report offers comprehensive study of the laparoscopy devices market segments including application, end-user, and product. The analysts have also studied the laparoscopy devices market's spread across the regional markets across many of the laparoscopy devices market’s segments at country levels. The application, end-user, and product segments spread across the laparoscopy devices market along with the subsegments are studied. The global market for laparoscopy devices is spread across various product and service based segments. The laparoscopy devices market research report highlights these key segments and offers forecasts based on primary and secondary data. The global laparoscopy devices market research report presents key company profiles of organizations active across the laparoscopy devices market.

Regional Analysis

The lack of trained healthcare professionals may hinder the laparoscopy devices market growth. The laparoscopy devices market research report suggests that companies in the laparoscopy devices market could be supported by the rising demand for data-integrated systems as well as the presence of untapped market opportunities during the forecast period. The laparoscopy devices market is set to register growth at a high CAGR owing to these key factors. The laparoscopy devices market is spread across North America, Europe, Asia-Pacific, and other parts of the world. As per laparoscopy devices market analysts, the laparoscopy devices market is set to witness tremendous growth across application, end-user, and product segments. The global laparoscopy devices market’s North American region covers laparoscopy devices markets across the United States, Mexico, Canada, and others. Businesses present in the laparoscopy devices market are also profiled and their strategies have been presented in detail in the laparoscopy devices market research report.

The laparoscopy devices market across the European region covers Italy, France, Germany, and the United Kingdom. Furthermore, the laparoscopy devices market research report provides details about the APAC region covering laparoscopy devices markets from China, India, Australia, Japan, and others. The laparoscopy devices market is also active across several other parts of the world. The laparoscopy devices market report covers all these key regions including the Middle East, Africa, Brazil, and others active in the global laparoscopy devices market.

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Veterinary Surgical Instruments Market Global Demand, Production Growth, Top Key Players and Forecast to 2030

Veterinary Surgical Instruments Market

The veterinary surgical instruments market size value is estimated to reach USD 2.76 billion, growing at a CAGR of 6.87% during the forecast period 2022-2030.

The industry of animal healthcare has seen strong technological advances in the last two decades. Most of these new tools and procedures have been adopted from human medical practice. These advanced technologies have not only led to better treatments, but also faster and precise diagnosis. From Ultrasounds and MRIs to the Amplatz Canine Ductal Occluder, there are various new technologies that are giving veterinary specialists a greater ability to diagnose and ultimately save sick animals globally. New technologies such as Magnetic resonance imaging, Ultrasounds, Laparoscopy, Microfracture detection, 3-D printing and Recombinant DNA.

While various veterinary technologies are likely to effect the industry in 2016, the biggest advancement is probable going to be the ability to print 3D objects, this rapid-prototyping procedure has been used by veterinary specialists to create animal bone models from information collected by computed tomography scans. This procedure not only helps veterinarians educate pet owners about their pet’s medical treatment or condition, but it also helps veterinary specialists to gain a solid understanding of a pets internal bone or muscle structure before going in to operate.

Major Key Players:

Veterinary surgical instruments Market Players are Eickemeyer Veterinary Equipment Inc., Jørgen KRUUSE A/S, Surgical Holdings, Sklar Instruments, Whittemore Enterprises, Inc., Medtronics, B.Braun and others.

Segment Analysis

The global veterinary surgical instruments market is segmented on the basis of type, application, animal type, and region.

By type, the global veterinary surgical instruments market is segmented into scalpel handles, forceps, dressing and tissue forceps, scissors, needle holders and retractors. The scissors segment holds a dominant 21.4% share in the global veterinary surgical instruments market and is expected to remain in the leading position over the forecast period due to the ubiquitous usage of scissors in surgical operations.

By application, the global veterinary surgical instruments market is segmented into sterilization, orthopedic, ophthalmic, and dental. Dental holds the largest share in the global veterinary surgical instruments market, followed by ophthalmic.

By animal type, the global veterinary surgical instruments market is segmented into canines, felines, and large animals.

Regional Analysis

Key markets for veterinary surgical instruments across the world include Asia Pacific/APAC, Middle East and Africa/MEA and North America along with Europe.

The US, one of the most developed countries in North America, is the world leader, as a result of the supportive reimbursement scenario along with the presence of a well-organized dairy and meat industry. The increasing efforts taken by the renowned firms to upgrade their product range, while ensuing top-quality standards helps foster the growth of the veterinary surgical instruments market in the region. The surge in pet insurance has also been favorable for the regional market in recent years. Reports by North American Pet Health Insurance Association reveal that over 2.5 million pets in Canada and US had insurance as of 2018.

The second lead has been procured by the European market, while South American countries like Paraguay, Uruguay and Argentina are also observing significant growth in the global market. Rising chronic disorder cases among animals have boosted surgical intervention and motivated the market growth in these areas.

However, the most promising market for veterinary surgical instruments is APAC, with China and India emerging as the leaders. Growth in pet humanization combined with the mounting awareness with regard to animal welfare can be cited as the top contributing factors to the market growth in Asia Pacific. Japan is one of the fast advancing markets in the region, since the country observes high adoption rate of modern techniques like new diagnostic services along with surging geriatric pet populace.

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

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Email: sales@marketresearchfuture.com

Insulin Pumps Market, Opportunities, Top Key Players and Forecast to 2032

Insulin Pumps Market

The insulin pump market is a growing industry that provides an alternative treatment option for individuals with diabetes. Insulin pumps are small, wearable devices that continuously deliver insulin to the body, replacing the need for multiple daily injections. The market for insulin pumps has seen significant growth in recent years, driven by the rising prevalence of diabetes and an increasing awareness of the benefits of insulin pump therapy.

The insulin Pumps Market is expected to reach USD 14.99 Billion by 2032, at CAGR of 15.50% asserts Market Research Future (MRFR).

The growing development activities in the market is set to play a key role in determining the growth potential during forecast year. Analysts have also studied the market to understand potential threats and challenges the insulin pumps market companies could face. Although the market is poised to grow at a fast pace across type, accessories, end-users, and applications segments, factors such as the growing inclination towards naturopathy could slow down the insulin pumps market's growth worldwide.

Segment Analysis

The insulin pumps market has been segmented into type, accessories, end-users, and applications. Based on the segment which is type, the market is categorized on the basis of  disposable insulin pumps, smart insulin pumps, solo insulin pumps and traditional insulin pumps. The global market for insulin pumps is further segmented based on accessories into infusion set insertion devices, infusion sets, and insulin reservoirs. Furthermore, the market, on the basis of end-users is segmented into home care, hospitals and clinics, and laboratories. Based on the segment which is applications, the market is categorized on the basis of Type I Diabetes and Type II Diabetes. 

The global market research report covers all the aspects of the insulin pumps market based on the segmental analysis of these types, accessories, end-users, and applications segments. Analysts have also studied the global market's regional markets spread across many continents and countries. The type, accessories, end-users, and applications segments along with their sub-segments have been analyzed and companies functioning in the market across these segments are profiled and analyzed based on input and feedback from insulin pumps market based decision makers as well as primary and secondary sources. The market research report presents analysis based information for companies functioning in the insulin pumps market.

Major Key Players:

Some Of the Insulin Pumps Market Players are Insulet Corporation, Dickinson and Company, Hoffmann-La Roche AG, Abbott Laboratories, Braun Melsungen AG, Medtronics, Becton, Sanofi

Regional Analysis

The rising belief in naturopathy may hinder the market growth. The market research report suggests that companies in the insulin pumps market could be supported by the expanding geriatric population as well as the increasing development activities during the forecast period. The market is set to register growth at a high CAGR owing to these key factors. The market is spread across North America, Europe, Asia-Pacific, and other parts of the world. The global market research report reveals that APAC, North America, and Europe regional insulin pumps markets will dominate the global market for insulin pumps during the forecast period 2017 to 2023. As per market analysts, the market is set to witness tremendous growth across smart insulin pumps and infusion sets segments in APAC and North America which covers insulin pumps markets across the United States, Canada, Mexico and several other regional markets. Companies active in the market are also analyzed and studied in the insulin pumps market research report.

Europe covers smaller market segments of Germany, Italy, France, and the United Kingdom. Additionally, the market research report covers the Asia-Pacific region covering insulin pumps markets from India, China, Japan, Australia, and others. The market is also spread across the rest of the world. The market report covers all such regions including the Middle East, Africa, Brazil, and others.

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

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Email: sales@marketresearchfuture.com

Viral Vector Manufacturing Market Size, Value Share, Growth, Industry Segment and Forecast to 2030

Viral Vector Manufacturing Market

Viral vector manufacturing refers to the production of a carrier called a vector which is genetically engineered to deliver the gene because they can deliver the new gene by infecting the cell.  Considered as a drug substance, viral vectors are used in gene therapy and vaccinology (vaccines). In the case of cell therapies, the scrutiny for testing for adventitious agents is high.

Viruses that are often used as vectors include retroviruses that integrate their genetic material including the new gene in the human cell, and adenoviruses, that introduce their DNA into the nucleus of the cell without letting the DNA to integrate into a chromosome. These viruses are modified so they can't cause disease when used in people.

Gene therapy has seen various clinical advancement, and along with it, the viral vector manufacturing market is growing pervasively. Gene therapy is one of the most preferred treatment options for a number of chronic diseases. Over the past few years, the viral vector manufacturing market is growing rapidly mainly due to the growing prevalence of devastating neurodegenerative diseases including Parkinson’s, Alzheimer’s, and ALS.

Global Viral Vector Manufacturing Market Size is expected to register a CAGR 20.20% with an expected market value of USD 678.70 million during the forecast period

The increasing number of clinical trials and the growing necessity for an effective mode of disease treatment are some of the factors fostering the growth of the market. Additional factors having a synergistic effect on the growth of the viral vector manufacturing market include the increasing number of technological advancements, a growing number of ambulatory services, and government initiatives.

On the flip side, factors such as the high cost of gene therapies and possible mutagenesis alongside the strict government regulation and time-consuming approval process are expected to impede market growth.

Major Key Players:

Key Viral Vector Manufacturing Market Players are Sanofi, Lonza, FUJIFILM Diosynth Biotechnologies U.S.A., Inc., Merck KGaA, General Electric Company, uniQure N.V., Oxford BioMedica, Spark Therapeutics, Inc., FinVector Vision Therapies, Cobra Biologics, Brammer Bio, Cell and Gene Therapy Catapult, REGENXBIO Inc., and Kaneka Eurogentec S.A. among others.

Segment Analysis

The MRFR analysis is segmented into five key dynamics for enhanced understanding.

By Type: Retroviral Vectors, Adeno-Associated Viral Vectors, and Adenoviral Vectors among others.

By Disease: Cancer, Genetic Disorders and Infectious Diseases among others.

By Application: Gene Therapy and Vaccinology among others.

By End-user : Pharmaceutical Companies, Biotechnology Companies, and Research Institutes, among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Regional Analysis

Global Viral Vector Manufacturing Market Insights, based on region, has been divided into Europe, the Americas, Asia-Pacific, and Middle East & Africa.

The North American Region heading with the growing prevalence of autoimmune and chronic diseases, accounts for the leading market for viral vector production, globally. Moreover, technological advancements in the manufacturing of these vectors is a key force driving the growth of this market.

Additionally, favorable reimbursement policies and the presence of well-developed healthcare infrastructure, and increasing geriatric population are some of the key driving forces contributing to the growth of the regional market.

The U.S., backed by a large number of patients suffering from Alzheimer’s and Parkinson's diseases, majorly contributes to an increase in the demand for viral vectors in the region. Moreover, factors such as the high healthcare expenditures alongside the availability of viruses required for the production of these vectors and technological expertise drive the growth of the regional market.

The European region, led by the well-established R&D sector accounts for the second-largest market for viral vector manufacturing.  Besides, factors such as the availability of funds for research and increasing healthcare expenditures drive the regional market. Moreover, the increase in occurrences of chronic diseases has led to the rise in the market growth in the region. Also, the presence of a developed healthcare sector and the resurging economy in the region foster the growth of the viral vector manufacturing market in Europe.

The viral vector manufacturing market in the Asia Pacific region is emerging as a promising market owing to the huge patient population suffering from diseases such as Parkinson’s, Alzheimer’s, and ALS.

Moreover, continuously growing healthcare sector led by the rapid economic growth in the APAC that is increasing the per capita healthcare expenses is a dominant driving force behind the growth of the regional market. Recent economic data suggests that China along with Southeast Asia is expected to join the ranks of the deep-pocketed Asian economies such as Taiwan and Korea.

China, owing to the presence of a huge geriatric population leads the viral vector manufacturing market in the APAC. Whereas, India due to the vast population base, rapidly changing economy, and the increasing number of manufacturers of these vectors, accounts for the second largest market in the region.

Whereas, the Middle East & Africa (MEA)region has the least market share due to the lack of awareness and low healthcare expenditures. The viral vector manufacturing market in the MEA region will exhibit moderate growth during the corresponding period.

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com