Market Industry Reports (MIR) has published a new report titled “Viral Vector Manufacturing Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global viral vector manufacturing market accounted for over US$ 350 million in 2019. It is anticipated to grow at a CAGR of 15.2% from 2020 to 2030.
The growth of the viral vector manufacturing market can be attributed to several factors such as increased incidences of infectious diseases, increased utilization of viral vectors to develop gene therapies and vaccines, and increased support & investments in gene therapies and vaccines. However, challenges associated with viral vector production & manufacturing, the presence of stringent regulatory policies, and risks associated with viral vectors may hamper the growth of the vector industry over the forecast period.
No comments:
Post a Comment