Lentiviral Vector Market is expected to reach USD 25.32 million by 2030

Lentiviral Vector Market report encompasses a range of inhibitors as well as driving forces of the market which are analysed in both qualitative and quantitative manner so that readers and users get precise information and insights. All the data and statistics covered in this report are backed up by latest and proven tools and techniques such as SWOT analysis and Porter’s Five Forces Analysis. For in depth perceptive of market and competitive landscape, the report serves a lot of parameters and detailed data. The universal Lentiviral Vector Market business report is prepared by performing high level market research analysis of key marketplace segments to identify opportunities, challenges, drivers, and market structures for the clients.

Growing geriatric population and demand for vaccine development during the Covid-19 emergence effectively aid the growth of the lentiviral vector market. Strategic initiatives by major market players, as well as increased funding for genomics, provide opportunities for the lentiviral vector market to grow.

Data Bridge Market Research analyses that the lentiviral vector market which is USD 10.30 million in 2022, is expected to reach USD 25.32 million by 2030, at a CAGR of 11.9% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Request a Sample PDF:  https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-lentiviral-vector-market&Shri

Lentiviral vectors (LV) are effective vehicles for gene transfer in mammalian cells because of their ability to stably express a gene of interest in both non-dividing and dividing cells. Lentiviruses are human and animal pathogens with long incubation periods and persistent infection. The time between the initial infection and the appearance of the first symptoms can be months or years. Molecular biologists frequently use viral vectors to deliver genetic material into cells. The procedure can be performed in vivo (within a living organism) or cell culture (in vitro). Viruses have evolved specialized molecular mechanisms to efficiently transport their genomes inside the cells they infect.

Drivers

• Increasing research and development activities

Various manufacturers are conducting R&D for novel lentiviral gene therapies, which is expected to drive growth in the global lentiviral vectors market. For instance, AVROBIO, Inc., a clinical-stage gene therapy company, presented pre-clinical data for AVR-RD-03 for Pompe disease on May 14, 2020. The research demonstrated the efficacy of lentiviral gene therapy for Pompe disease manifestations in the muscle and central nervous system (CNS).

• Increasing agreements and collaborations

The lentiviral vectors market is expected to grow due to key players focusing on various inorganic growth strategies such as agreements and collaborations. For instance, bluebird bio, Inc. signed a licence agreement with Novartis Pharma AG in May 2017. Novartis will non-exclusively licence certain bluebird patent rights related to lentiviral vector technology in order to develop and commercialise oncology therapies.

Opportunities

• Lentiviral vector demand for t cell engineering for cancer treatment surging

Lentiviral vectors have already been helpful in forming gene-modified cell-based therapies, particularly T cell therapies. Such vectors are also used to deliver Chimeric Antigen Receptors (CARs) or cloned T-cell receptors to mature T cells to induce anti-cancer immunity. The FDA approved the first genetically engineered cellular therapy using lentiviral vectors after CAR T-cell therapies generated with lentiviral vectors demonstrated significant clinical efficacy in patients with B-cell malignancies. Lentiviral vectors have changed and evolved alongside CAR T-cell therapy, and they are now demonstrating their full potential as an alternative therapy and a powerful, supplemental tool in the treatment of a broader range of cancers.

Recent Developments

• In 2020, Waisman Biomanufacturing entered into a strategic partnership with the California-based biotech company GigaGen to develop a new drug to treat and prevent COVID-19. This strategic partnership formed by the company will increase the use of development and testing of new types of drugs by Waisman Biomanufacturing, resulting in increased market awareness of its services.
• In 2021, Oxford Biomedica signs a new three-year Development & Supply Agreement with Boehringer Ingelheim to manufacture and supply viral vectors. This agreement is expected to boost the company’s sales growth in the coming years.

Some of the major players operating in the lentiviral vector market are:

• Cobra Biologics Limited (U.K.)
• Sirion-Biotech GmbH (Germany)
• Merck KGaA (Germany)
• FinVector Oy (Finland)
• Oxford Biomedica (U.K.)
• OriGene Technologies, Inc. (U.S.)
• Sino Biological Inc. (China)
• Cell Biolabs, Inc. (U.S.)
• Batavia Biosciences B.V. (Netherlands)
• Lonza (Switzerland)
• GENEMEDI (China)
• Takara Bio Inc. (Japan)
• Thermo Fisher Scientific Inc. (U.S.)
• Waisman Biomanufacturing (U.S.)
• Cytiva (U.S.)

Browse Complete Report Details- https://www.databridgemarketresearch.com/reports/global-lentiviral-vector-market?Shri 

Lentiviral Vector Market Scope

Component

• Lentiviral promoter
• Lentiviral fusion tags
• Lentivirus packaging systems
• Other

 Type

• Product
• Services

 Generation

• 4th-generation
• 3rd-generation
• 2nd-generation
• 1st-generation

Delivery Method

• In Vivo
• Ex Vivo

Disease Indication

• Cancer
• Genetic Disorders
• Infectious Diseases
• Veterinary Disease
• Other

 Application

• Gene Therapy
• Vaccinology

 End User

• Biotechnology Companies
• Pharmaceutical Companies
• Contract Research Organizations Contract Development
• Manufacturing Organization (CDMO)
• Academic/Research Institutes

Workflow  

• Upstream
• Plasmid Manufacturing
• Cell Expansion
• Plasmid Transfection and Viral Vector Production
• Downstream
• Purification
• Fill and finish

The report provides insights on the following pointers:

• Market Penetration: Comprehensive information on the product portfolios of the top players in the this market
• Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
• Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Critical Insights Related to This Market Included in the Report:

• Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
• Value chain analysis of prominent players in the market
• Current trends influencing the dynamics of this market across various geographies
• Recent mergers, acquisitions, collaborations, and partnerships
• Revenue growth of this industry over the forecast period
• Marketing strategy study and growth trends
• Growth driven factor analysis
• Emerging recess segments and region-wise market
• An empirical evaluation of the curve of this market
• Ancient, Present, and Probable scope of the market from both prospect value and volume

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=global-lentiviral-vector-market&Shri

Top DBMR Healthcare Reports:        

Global Bipolar Disorder Treatment Market – Industry Trends and Forecast to 2029

Global Diabetic Macular Edema Treatment Market – Industry Trends and Forecast to 2029

Global 3D Cone Beam Computed Tomography (CBCT) Systems Market – Industry Trends and Forecast to 2029

Global Pregnancy Care Products Market – Industry Trends and Forecast to 2029

Global Hair and Care Market – Industry Trends and Forecast to 2030

Global Vascular Stent Market – Industry Trends and Forecast to 2029

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

Contact Us:-

Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475

Email:- corporatesales@databridgemarketresearch.com