June 13, 2024

Plasmid DNA Manufacturing Market Growth Set To Surge By Rising Demand For Cell And Gene Therapies

Plasmid DNA is replicating nucleotide molecules, which exists separately from chromosomal DNA in the cytoplasm of prokaryotic cells, such as bacteria. They serve as miniature chromosomes and are commonly used in genetic engineering for cloning and gene expression. Plasmid DNA is isolated from bacteria and used to produce proteins, anti-cancer agents and vaccines through transformation. Biological products derived from plasmid DNA manufacturing include gene and cellular therapies, DNA vaccines and monoclonal antibodies. Cell therapies aid in managing life-threatening illnesses including cancer, diabetes, cardiovascular diseases, while gene therapies help cure inherited disorders by inserting corrective genes into the patient’s DNA.

The global Plasmid Dna Manufacturing Market is estimated to be valued at Us$ 901.2 Bn in 2023 and is expected to exhibit a CAGR Of 4.8% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

The growing demand for cell and gene therapies is expected to flourish the Plasmid DNA Manufacturing Market over the forecast period. Cell therapies use living cells to replace or repair damaged cells, while gene therapies involve modification of genes or gene expressions to treat or cure diseases. With advancements in regenerative medicine, cell therapies have gained immense traction in treating cancer, neurodegenerative conditions and aid organ transplants. Gene therapies have proved effective in curing inherited disorders by insertion of healthy genes. Regulatory approvals for novel cell and gene therapies along with a strong clinical pipeline will augment the growth of the Plasmid DNA Manufacturing Market. Furthermore, rise in venture capital funding and partnerships between academic research centers and biopharma companies to accelerate development of innovative gene and cell therapies will expand the market size during the forecast period.

Segment Analysis

The plasmid DNA manufacturing market is segmented into research, commercial scale production, and GMP manufacture. The GMP manufacture segment dominates the market and is expected to grow at the fastest rate over the forecast period. This is due to rising demand for plasmid DNA in clinical research applications and gene therapy. Plasmid DNA manufactured under GMP standards is necessary for clinical trials and commercialization of gene therapies as it ensures consistent production of safe and pure plasmid DNA.

PEST Analysis

Political: Government regulations for gene therapy and funding for research promotes plasmid DNA manufacturing. The US, China, and Europe have implemented supportive regulatory guidelines.

Economic: Rising investments in gene therapy R&D from pharmaceutical companies and the biotech industry is a major growth driver. Growing demand for gene modified crops also supports the market.

Social: Growing awareness about gene therapy and its potential to cure genetic disorders and cancer drives research. However, high treatment costs of gene therapies remain a challenge.
Technological: Advancements in process development, transfection technologies, large scale plasmid purification processes are improving yields and reducing costs of production. Automation aids consistent manufacturing of high-quality plasmids.

Key Takeaways

The Global Plasmid DNA Manufacturing Market Demand is expected to witness high growth. The global Plasmid DNA Manufacturing Market is estimated to be valued at US$ 901.2 Bn in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period 2024-2030.

North America presently dominates the plasmid DNA manufacturing market owing to concentration of leading plasmid producers and gene therapy developers in the US. Additionally, strong government funding for research and supportive regulatory environment have aided regional growth. However, with growing investments in genome editing and gene therapy R&D, Asia Pacific is poised to showcase high growth. China, in particular, is emerging as a key market for plasmid DNA production due to availability of low-cost raw materials and scientific skills.

Key players :

Key players operating in the plasmid DNA manufacturing market are Cobra Biologics and Pharmaceutical Services (Charles River Laboratories), VGXI, Inc., and Aldevron. Cobra Biologics is among the leading CDMOs offering plasmid DNA manufacturing services with capabilities for process development, production, purification and analytical testing. It produces over 200 unique plasmids annually to support gene therapy clinical trials. VGXI focuses on discovering and developing non-viral tools to enable in vivo gene transfer for vaccines and therapeutics. Aldevron provides cGMP plasmids and other DNA reagents required to manufacture viral vectors and develop gene therapies.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it