The lentiviral vector market size has grown rapidly in recent years. It will grow from $12.5 billion in 2023 to $14.37 billion in 2024 at a compound annual growth rate (CAGR) of 15%. The growth observed in the historic period can largely be attributed to several factors, including the prevalence of genetic disorders driving demand for gene delivery solutions, expansions within the biotech and pharmaceutical industries, increased investment in clinical trials for gene therapy, and regulatory approvals facilitating advancements in gene therapy technologies.
The lentiviral vector market size is expected to see rapid growth in the next few years. It will grow to $25.5 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%. Forecasted growth is driven by personalized medicine expansion, gene editing innovations, rare disease therapy demand, lentiviral vector adoption, genomic medicine funding, and manufacturing scalability focus. Major trends include research and development expansion, integration in CAR-T cell therapy, next-generation vector development, adoption in vaccine development, and production technology advancements.
The lentiviral vectors market is poised for significant growth, driven by the increasing prevalence of chronic diseases worldwide. Chronic diseases, characterized by long-term medical conditions that progress slowly over time, are on the rise due to factors such as aging populations, unhealthy lifestyles, urbanization, and environmental influences. Lentiviral vectors have emerged as versatile and efficient tools for developing vaccines and treatment strategies to address the growing burden of chronic diseases, thereby improving patient outcomes. For example, a report published by the National Library of Medicine projected a substantial increase in the number of individuals affected by chronic illnesses, with an estimated 99.5% rise from 71.522 million in 2020 to around 142.66 million by 2050. This escalation underscores the critical role of lentiviral vectors in combating chronic diseases and meeting the escalating healthcare demands.
Key players in the lentiviral vectors market are concentrating their efforts on advancing LV vector production platforms to enhance the efficiency and robustness of lentivirus vector manufacturing for cell-based immuno-oncology therapies. One such innovative platform is LentiSure, designed to optimize the production of lentiviral vectors for cell-based immuno-oncology therapies. Launched by Yposkesi sk pharmteco in May 2023, LentiSure aims to bolster the resilience and efficiency of lentivirus production, catering to the escalating demand for scalable and reliable viral vector manufacturing technologies in cell and gene therapies. With features such as consistent product quality and high productivity, LentiSure offers promise in accelerating the development and commercialization of cell-based immuno-oncology therapies, addressing the unmet medical needs associated with chronic diseases.
In June 2021, Charles River Laboratories, a US-based pharmaceutical company, completed the acquisition of Vigene Biosciences for $292.5 million. This strategic acquisition was aimed at bolstering Charles River's gene therapy capabilities, particularly in the rapidly expanding cell and gene therapy contract development and manufacturing organization (CDMO) sectors for viral vectors and plasmid DNA. Vigene Biosciences, a US-based provider of viral vector-based gene delivery services and products, aligned with Charles River's strategic objectives, strengthening its position in the dynamic landscape of gene therapy and lentiviral vectors.
Major companies operating in the lentiviral vector market are Pfizer Inc., AbbVie Inc., Bayer AG, Sanofi SA, Bristol Myers Squibb Company, Thermo Fisher Scientific Inc., AstraZeneca plc, Novartis AG, GlaxoSmithKline plc (GSK), Eli Lilly and Company, Agilent Technologies Inc., Amgen Inc., Merck KGaA, Lonza Group Ag, Cytiva, Charles River Laboratories, Bio-Rad Laboratories Inc., Promega Corporation, Takara Bio Inc., Sino Biological Inc., OriGene Technologies Inc., Applied Biological Materials Inc., Oxford Biomedica, Sirion-Biotech GmbH, Yposkesi.
North America was the largest region in the lentiviral vector market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lentiviral vector market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the lentiviral vector market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A lentiviral vector is a viral vector derived from lentiviruses, a subgroup of retroviruses known for their ability to integrate genetic material into the DNA of host cells. These vectors are widely used in molecular biology and gene therapy applications to deliver genetic material into target cells for purposes such as gene expression, gene silencing, or genetic modification.
Key products in the lentiviral vector category include kits, reagents, and consumables. Lentiviral vector kits provide a comprehensive set of tools and components necessary for generating and manipulating lentiviral vectors. These kits find application across various indications such as cancer, genetic disorders, infectious diseases, veterinary diseases, and more. Users of lentiviral vector products include biotechnology companies, pharmaceutical companies, contract research organizations (CROs), as well as academic and research institutes.
The lentiviral vector market research report is one of a series of new reports that provides lentiviral vector market statistics, including lentiviral vector industry global market size, regional shares, competitors with a lentiviral vector market share, detailed lentiviral vector market segments, market trends and opportunities, and any further data you may need to thrive in the lentiviral vector industry. This lentiviral vector market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The lentiviral vector market consists of sales of 3rd generation lentiviral vectors, Lenti-ORF clones, and lentiviral particles. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The lentiviral vector market size is expected to see rapid growth in the next few years. It will grow to $25.5 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%. Forecasted growth is driven by personalized medicine expansion, gene editing innovations, rare disease therapy demand, lentiviral vector adoption, genomic medicine funding, and manufacturing scalability focus. Major trends include research and development expansion, integration in CAR-T cell therapy, next-generation vector development, adoption in vaccine development, and production technology advancements.
The lentiviral vectors market is poised for significant growth, driven by the increasing prevalence of chronic diseases worldwide. Chronic diseases, characterized by long-term medical conditions that progress slowly over time, are on the rise due to factors such as aging populations, unhealthy lifestyles, urbanization, and environmental influences. Lentiviral vectors have emerged as versatile and efficient tools for developing vaccines and treatment strategies to address the growing burden of chronic diseases, thereby improving patient outcomes. For example, a report published by the National Library of Medicine projected a substantial increase in the number of individuals affected by chronic illnesses, with an estimated 99.5% rise from 71.522 million in 2020 to around 142.66 million by 2050. This escalation underscores the critical role of lentiviral vectors in combating chronic diseases and meeting the escalating healthcare demands.
Key players in the lentiviral vectors market are concentrating their efforts on advancing LV vector production platforms to enhance the efficiency and robustness of lentivirus vector manufacturing for cell-based immuno-oncology therapies. One such innovative platform is LentiSure, designed to optimize the production of lentiviral vectors for cell-based immuno-oncology therapies. Launched by Yposkesi sk pharmteco in May 2023, LentiSure aims to bolster the resilience and efficiency of lentivirus production, catering to the escalating demand for scalable and reliable viral vector manufacturing technologies in cell and gene therapies. With features such as consistent product quality and high productivity, LentiSure offers promise in accelerating the development and commercialization of cell-based immuno-oncology therapies, addressing the unmet medical needs associated with chronic diseases.
In June 2021, Charles River Laboratories, a US-based pharmaceutical company, completed the acquisition of Vigene Biosciences for $292.5 million. This strategic acquisition was aimed at bolstering Charles River's gene therapy capabilities, particularly in the rapidly expanding cell and gene therapy contract development and manufacturing organization (CDMO) sectors for viral vectors and plasmid DNA. Vigene Biosciences, a US-based provider of viral vector-based gene delivery services and products, aligned with Charles River's strategic objectives, strengthening its position in the dynamic landscape of gene therapy and lentiviral vectors.
Major companies operating in the lentiviral vector market are Pfizer Inc., AbbVie Inc., Bayer AG, Sanofi SA, Bristol Myers Squibb Company, Thermo Fisher Scientific Inc., AstraZeneca plc, Novartis AG, GlaxoSmithKline plc (GSK), Eli Lilly and Company, Agilent Technologies Inc., Amgen Inc., Merck KGaA, Lonza Group Ag, Cytiva, Charles River Laboratories, Bio-Rad Laboratories Inc., Promega Corporation, Takara Bio Inc., Sino Biological Inc., OriGene Technologies Inc., Applied Biological Materials Inc., Oxford Biomedica, Sirion-Biotech GmbH, Yposkesi.
North America was the largest region in the lentiviral vector market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lentiviral vector market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the lentiviral vector market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A lentiviral vector is a viral vector derived from lentiviruses, a subgroup of retroviruses known for their ability to integrate genetic material into the DNA of host cells. These vectors are widely used in molecular biology and gene therapy applications to deliver genetic material into target cells for purposes such as gene expression, gene silencing, or genetic modification.
Key products in the lentiviral vector category include kits, reagents, and consumables. Lentiviral vector kits provide a comprehensive set of tools and components necessary for generating and manipulating lentiviral vectors. These kits find application across various indications such as cancer, genetic disorders, infectious diseases, veterinary diseases, and more. Users of lentiviral vector products include biotechnology companies, pharmaceutical companies, contract research organizations (CROs), as well as academic and research institutes.
The lentiviral vector market research report is one of a series of new reports that provides lentiviral vector market statistics, including lentiviral vector industry global market size, regional shares, competitors with a lentiviral vector market share, detailed lentiviral vector market segments, market trends and opportunities, and any further data you may need to thrive in the lentiviral vector industry. This lentiviral vector market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The lentiviral vector market consists of sales of 3rd generation lentiviral vectors, Lenti-ORF clones, and lentiviral particles. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Lentiviral Vector Market Characteristics3. Lentiviral Vector Market Trends and Strategies32. Global Lentiviral Vector Market Competitive Benchmarking33. Global Lentiviral Vector Market Competitive Dashboard34. Key Mergers and Acquisitions in the Lentiviral Vector Market
4. Lentiviral Vector Market - Macro Economic Scenario
5. Global Lentiviral Vector Market Size and Growth
6. Lentiviral Vector Market Segmentation
7. Lentiviral Vector Market Regional and Country Analysis
8. Asia-Pacific Lentiviral Vector Market
9. China Lentiviral Vector Market
10. India Lentiviral Vector Market
11. Japan Lentiviral Vector Market
12. Australia Lentiviral Vector Market
13. Indonesia Lentiviral Vector Market
14. South Korea Lentiviral Vector Market
15. Western Europe Lentiviral Vector Market
16. UK Lentiviral Vector Market
17. Germany Lentiviral Vector Market
18. France Lentiviral Vector Market
19. Italy Lentiviral Vector Market
20. Spain Lentiviral Vector Market
21. Eastern Europe Lentiviral Vector Market
22. Russia Lentiviral Vector Market
23. North America Lentiviral Vector Market
24. USA Lentiviral Vector Market
25. Canada Lentiviral Vector Market
26. South America Lentiviral Vector Market
27. Brazil Lentiviral Vector Market
28. Middle East Lentiviral Vector Market
29. Africa Lentiviral Vector Market
30. Lentiviral Vector Market Competitive Landscape and Company Profiles
31. Lentiviral Vector Market Other Major and Innovative Companies
35. Lentiviral Vector Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Lentiviral Vector Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on lentiviral vector market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
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- Identify growth segments for investment.
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- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for lentiviral vector? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The lentiviral vector market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Product Type: Kits; Reagents and Consumables2) by Indication: Cancer; Genetic Disorder; Infectious Disease; Veterinary Disease; Other Indications
3) by End User: Biotechnology Companies; Pharmaceutical Companies; Contract Research Organization (CRO); Academic and Research Institutes.
Key Companies Mentioned: Pfizer Inc; AbbVie Inc; Bayer AG; Sanofi SA; Bristol Myers Squibb Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Pfizer Inc
- AbbVie Inc
- Bayer AG
- Sanofi SA
- Bristol Myers Squibb Company
- Thermo Fisher Scientific Inc
- AstraZeneca plc
- Novartis AG
- GlaxoSmithKline plc (GSK)
- Eli Lilly and Company
- Agilent Technologies Inc
- Amgen Inc
- Merck KGaA
- Lonza Group Ag
- Cytiva
- Charles River Laboratories
- Bio-Rad Laboratories Inc
- Promega Corporation
- Takara Bio Inc
- Sino Biological Inc
- OriGene Technologies Inc
- Applied Biological Materials Inc
- Oxford Biomedica
- Sirion-Biotech GmbH
- Yposkesi
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | May 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 14.37 Billion |
Forecasted Market Value ( USD | $ 25.5 Billion |
Compound Annual Growth Rate | 15.4% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |