The Global Plasmid Market Report is a compilation of comprehensive research studies of various aspects of the Plasmid Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Plasmid market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Plasmid market and how they will evolve in the years to come.
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The global plasmid market was valued at US$ 89.52 million in 2022 and is estimated to reach US$ 447.68 million by 2030, growing at a CAGR of 19.5% over the forecast period from 2022 to 2030. Key Players: Aldevron, GenScript, PlasmidFactory GmbH & Co. KG, VGXI, Inc., Oxford Genetics Ltd., Applied StemCell, Altogen Biosystems, Cobra Biologics, Copernicus Therapeutics, Inc., Takara Bio Inc., InvivoGen, Miltenyi Biotec, MaxCyte, Inc., Mirus Bio LLC, MolMed S.p.A., GenePharma Co., Ltd., Polyplus Transfection, and other market participants.
A plasmid is a small, circular, extrachromosomal, double-stranded deoxyribonucleic acid (DNA) molecule which is distinct from a cell’s chromosomal DNA. Plasmids are important vehicles for the communication of genetic information between bacteria. Plasmid is a genetic structure in a cell that can replicate independently of chromosomal DNA, and usually carry genes. The 21st century has witnessed a greater understanding and evolution of humans and diseases. This has brought about an increased potential and awareness of genomics of microbial plasmids, thereby supporting the plasmid market growth.
According to an article published in the National Center for Biotechnology Information (NCBI), over the past six decades, a huge number of plasmids have been identified and isolated from various microbes. Due to revolution of sequencing technology, over 4,600 complete sequences of plasmids found in bacteria, eukaryotes, and archaea have been determined. The classification of plasmids has been helping to understand their host ranges, features, and microbial evolution as well as to efficiently use them as genetic tools for microbial engineering.
Worldwide rising prevalence of cancer, genetic diseases, and infectious diseases coupled with growing awareness about gene therapy is majorly driving growth of the global plasmid market. For instance, as per the data published by World Health Organization (WHO), the worldwide prevalence of all single gene (monogenic) diseases at birth is approximately 10 in 1,000 individuals currently. Plasmids find significance in the fields of gene therapy, oncology, and vaccines, among others. In addition, the presence of favorable government initiatives & grants and a growth in investment by private companies on R&D of plasmid deoxyribonucleic acid (DNA) are likely to catapult the market growth during the forecast period.
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Global Plasmid Market:
- By General Type Plasmid
- Conjugative
- Non-Conjugative
- By Specific Plasmid Types
- F-Plasmids
- Resistance Plasmids
- Virulence Plasmids
- Degradative Plasmids
- Col Plasmids
- Cryptic Plasmids
- By Application
- Transfection
- Gene Therapy
- Recombinant DNA Technology
- Others
- By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxemburg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East and Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
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