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Lentiviral Vector (LVV) CDMO Services Market Size is predicted to record a 8.7% CAGR during the forecast period for 2024-2031.
Lentiviral vectors (LVs) CDMO Services are helpful for gene transfer in mammalian cells because they can efficiently transmit genes from one cell type to another. Lentivirus infections can incubate for a long time and persist for years in animals and humans. The onset of symptoms and initial infection could happen months or even years apart. Genomic manipulation by viral vectors is standard practice in molecular biology. The development of gene-modified cell-based therapeutics, especially T-cell therapies, has previously benefited from lentiviral vectors. Chimeric antigen receptors (CARs) and cloned T-cell receptors are also introduced to mature T cells by these vectors to stimulate anti-cancer immunity. Furthermore, the lentivirus vector has several applications in molecular biology, gene therapy, vaccine production, and other fields. Market leaders have access to various products and services that could be utilized to create lentiviral vectors.
However, the market growth is hampered by the strict regulation criteria for the safety and health of the lentiviral vector (LVV) CDMO services market and the product's inability to prevent fog in environments with dramatic temperature fluctuations or high lentiviral vector (LVV) CDMO services, because the vectors' lack of scalability and downstream purification constraints. The global lentiviral vector market is poised for growth due to strategic activities by key players in the industry and rising funding for genomics. Lentiviral vector products face potential expansion challenges from strict regulatory restrictions and negative effects. Due to the COVID-19 pandemic, which has affected the worldwide market and forced the closure of numerous factories to protect their personnel from contracting the virus, the expansion of the industry may be hindered.
Competitive Landscape
Some Major Key Players In The Lentiviral Vector (LVV) CDMO Services Market:
- Thermo Fisher Scientific
- GenScript ProBio
- Hillgene
- Charles River Laboratories
- Ubrigene
- Obio Technology (shanghai)
- Genesail Biotech (Shanghai)
- Wuxi Apptec
- Porton Advanced Solutions
- Pharmaron
- Asymchem Laboratories (Tianjin)
- Merck
- VectorBuilder
- Yposkesi
- Flash Therapeutics
- VIVEBiotech
- Miltenyi Bioindustry
- Genezen
- Miltenyi Biotec
- Exthera,
- Catalent
- Other Prominent Players
Market Segmentation:
The lentiviral vector (LVV) CDMO services market is segmented based on type and application. Based on type, the market is segmented into IIT Grade, IND Grade, Clinical Trial Grade and Commercial Production Grade. By application, the market is segmented into biopharmaceutical company, academic scientific research institution.
Based On The Type, The IND Grade Segment Is A Major Contributor To The Lentiviral Vector (LVV) CDMO Services Market.
The IND-grade lentiviral vector (LVV) CDMO services market is expected to liead with a major global market share in 2022. IND-grade products provide advanced features like Wear Leveling, Defect Management, and Error Checking & Correction (ECC). These features and several trade secret techniques are designed to ensure reliability in various applications and situations.
Biopharmaceutical Company Segment To Witness Growth At A Rapid Rate.
Biopharmaceutical companies represent a segment of the industry dedicated to advancing gene and cell therapy by providing specialized lentiviral vector CDMO services. Their expertise and capabilities are critical for developing treatments for a various of diseases, including genetic disorders, cancers, and infectious diseases.
In The Region, The North American Lentiviral Vector (LVV) CDMO Services Market Holds A Significant Revenue Share.
North America dominates the Lentiviral Vector (LVV) CDMO Services Market in market revenue share and market revenue and will continue to flourish dominance during the forecast period. This is due to the growing existance of chronic diseases and rising healthcare expenditure will further boost the growth rate of the LVV market in this region.
Recent Developments:
- In April 2023, Yposkesi introduced LentiSure, a platform for producing Lentiviral (LV) vectors that has been optimized to achieve higher yields. The introduction of the new LV platform has enhanced the ability of CAR-T developers to advance clinical development and commercialize cell and gene therapy pipelines more effectively.
- In Sept 2023, Charles River Laboratories International, Inc. introduced its Lentivation™ platform for generating lentiviral vectors (LVV). The technology possessed the capacity to diminish LVV manufacturing timelines for gene and gene-modified cell therapies by as much as 60 percent, resulting in less than seven months compared to conventional manufacturing processes.
Lentiviral Vector (LVV) CDMO Services Market Report Scope
|
Report Attribute |
Specifications |
|
Growth Rate CAGR |
CAGR of 8.7% from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Type, Application |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
|
Competitive Landscape |
Thermo Fisher Scientific, GenScript ProBio, Hillgene, Charles River Laboratories, Ubrigene, Obio Technology (shanghai), Genesail Biotech (Shanghai), Wuxi Apptec, Porton Advanced Solutions, Pharmaron, Asymchem Laboratories (Tianjin), Merck, VectorBuilder, Yposkesi, Flash Therapeutics, VIVEBiotech, Miltenyi Bioindustry, Genezen, Miltenyi Biotec, Exthera, Catalent. |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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