North America Plasmid DNA Preparation Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.2 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The North American plasmid DNA preparation market is experiencing significant growth, driven by the escalating demand from various industries. This surge is primarily attributed to advancements in gene therapy, vaccine development, and biopharmaceutical research. As of 2023, North America dominated the North America plasmid DNA manufacturing market, accounting for approximately 40% of the total share. The United States, in particular, has emerged as a major contributor, with its well-established biotechnology sector and robust research infrastructure.
Industries across North America are increasingly relying on high-quality plasmid DNA for several critical applications:
Gene Therapy: Plasmid DNA serves as a vital component in gene therapy protocols, facilitating the delivery of therapeutic genes to target cells.
Vaccine Production: The development of DNA and mRNA vaccines, especially highlighted during the COVID-19 pandemic, utilizes plasmid DNA as a foundational element.
Biopharmaceutical Manufacturing: Plasmid DNA is employed in the production of recombinant proteins and monoclonal antibodies, essential for various therapeutic applications.
However, the industry faces challenges in meeting the soaring demand. Traditional plasmid DNA manufacturing methods, which involve E. coli fermentation in large bioreactors, are often slow, expensive, and prone to batch failures. This has led to a bottleneck in the supply chain, potentially hindering the progress of research and development pipelines. To address these challenges, companies are exploring alternative technologies, such as synthetic DNA manufacturing using in vitro enzymatic processes, which offer faster and more scalable production capabilities.
In response to these industry requirements, several key players in North America are making strategic investments to expand their manufacturing capacities. For instance, in October 2023, Akron Biotechnology inaugurated a new facility in Sarasota, Florida, dedicated to plasmid DNA production. This expansion aims to meet the growing needs of the vaccine and gene therapy sectors. Similarly, other companies are enhancing their production capabilities to ensure a consistent supply of high-quality plasmid DNA, thereby supporting the dynamic and rapidly evolving biopharmaceutical landscape in North America.
As the demand for plasmid DNA continues to rise, the North American plasmid DNA preparation market is poised for sustained growth, driven by technological innovations and strategic industry collaborations.
North America Plasmid DNA Preparation Market
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BioReliance
Cobra Biologics
Oxford BioMedica
UniQure
FinVector
MolMed
MassBiologics
Richter-Helm
FUJIFILM Diosynth Biotechnologies
Lonza
Aldevron
Eurogentec
Cell and Gene Therapy Catapult
Biovian
Thermo Fisher Scientific (Brammer Bio)
VGXI
PlasmidFactory
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Plasmid DNA Preparation Market
Cancers
Inherited Disorders
Viral Infections
Others
Based on Types the Market is categorized into Below types that held the largest Plasmid DNA Preparation market share In 2023.
GMP Grade Plasmid DNA
Non-GMP Grade Plasmid DNA
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Plasmid DNA Preparation Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Plasmid DNA Preparation Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Plasmid DNA Preparation Market, By Type
6. North America Plasmid DNA Preparation Market, By Application
7. North America Plasmid DNA Preparation Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Plasmid DNA Preparation Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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