VIRAL VECTORS AND PLASMID DNA MANUFACTURING MARKET ANALYSIS

Market Challenges And Opportunities

Increasing technological advancements in the manufacturing of viral vector and plasmid DNA is expected to drive the market growth over the forecast period

The rising demand for viral vector and plasmid DNA for gene therapies has led major players in the market to launch new and technologically advanced programs and devices to scale up the production of viral vectors and plasmid DNA. For instance, in April 2018, GE Healthcare Life Sciences launched a prefabricated, modular bioprocessing facility KUBio BSL 2 for production of viral vector-based vaccines, oncolytic virus, and cell and gene therapies.

Moreover, government funding is increasing for development of new technologies and production facilities of viral vector. For instance, in 2018, Innovate UK, Department for Business, Energy & Industrial awarded the Industrial Strategy Challenge Fund of US$ 3.4 million capital to Cobra Biologics for infrastructure investment to expand manufacturing capabilities and commercialization of DNA and viral vectors products. Thus, rising research and development funding from government organization is expected to drive growth of the market over the forecast period.

However, the manufacturing processes of viral vectors is expensive and time consuming. Large scale production of recombinant viral vector is a complex process and is considered as a major challenge and large barrier for commercialization. Therefore, increasing difficulties in viral vector manufacturing capacity is expected to hinder growth of the global viral vectors and plasmid DNA manufacturing market.