India Plasmid Dna Contract Manufacturing Market Size & Outlook
The plasmid dna contract manufacturing market in India is expected to reach a projected revenue of US$ 37.6 million by 2030. A compound annual growth rate of 20.5% is expected of India plasmid dna contract manufacturing market from 2024 to 2030.
India plasmid dna contract manufacturing market highlights
The India plasmid dna contract manufacturing market generated a revenue of USD 10.2 million in 2023 and is expected to reach USD 37.6 million by 2030.
The India market is expected to grow at a CAGR of 20.5% from 2024 to 2030.
In terms of segment, cell & gene therapy was the largest revenue generating application in 2023.
Cell & Gene Therapy is the most lucrative application segment registering the fastest growth during the forecast period.
Plasmid dna contract manufacturing market data book summary
Market revenue in 2023
USD 10.2 million
Market revenue in 2030
USD 37.6 million
Growth rate
20.5% (CAGR from 2023 to 2030)
Largest segment
Cell & gene therapy
Fastest growing segment
Cell & Gene Therapy
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Cell & Gene Therapy, Immunotherapy
Key market players worldwide
Charles River Laboratories International Inc, Boehringer Ingelheim, Thermo Fisher Scientific Inc, Lonza Group Ltd, Viva Biotech, VGXI, PlasmidFactory, BioCina, TriLink BioTechnologies, Esco Aster
Other key industry trends
In terms of revenue, India accounted for 3.1% of the global plasmid dna contract manufacturing market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China plasmid dna contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 37.6 million by 2030.
The prevalence of chronic diseases is increasing in the country and pDNA has a wide application in the industry, which are the primary factors contributing to growth of the market. Furthermore, the wide use of pDNA in manufacturing the vaccines, especially in COVID-19 vaccines, increases the demand for the pDNA contract manufacturing market.
For instance, India approved the first COVID-19 DNA vaccine in September 2021. It is the first COVID-19 DNA vaccine ever created and was produced as a result of Mission COVID Suraksha in collaboration with DBT-BIRAC. India's ZyCoV-D immunization uses circular DNA to protect against COVID-19 infection.
The Indian government approved Zydus Cadila's DNA vaccine under emergency use authorization, citing results from phase III clinical studies that showed a roughly 66.0% efficacy for symptomatic cases. Thus, the wide use of the pDNA in vaccines & therapies is expected to drive the demand of the pDNA contract manufacturing market in the country.
India Plasmid DNA Contract Manufacturing Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Plasmid DNA Contract Manufacturing Market Outlook will help companies and investors design strategic landscapes.
Cell & Gene Therapy was the largest segment with a revenue share of 59.8% in 2023.
Horizon Databook has segmented the India plasmid dna contract manufacturing market based on cell & gene therapy, immunotherapy covering the revenue growth of each sub-segment from 2018 to 2030.
The prevalence of chronic diseases is increasing in the country and pDNA has a wide application in the industry, which are the primary factors contributing to growth of the market. Furthermore, the wide use of pDNA in manufacturing the vaccines, especially in COVID-19 vaccines, increases the demand for the pDNA contract manufacturing market.
For instance, India approved the first COVID-19 DNA vaccine in September 2021. It is the first COVID-19 DNA vaccine ever created and was produced as a result of Mission COVID Suraksha in collaboration with DBT-BIRAC. India's ZyCoV-D immunization uses circular DNA to protect against COVID-19 infection.
The Indian government approved Zydus Cadila's DNA vaccine under emergency use authorization, citing results from phase III clinical studies that showed a roughly 66.0% efficacy for symptomatic cases. Thus, the wide use of the pDNA in vaccines & therapies is expected to drive the demand of the pDNA contract manufacturing market in the country.
India Plasmid Dna Contract Manufacturing Market Application Outlook (Revenue, USD Million , 2018-2030)
Cell & Gene Therapy
Immunotherapy
Others
India Plasmid Dna Contract Manufacturing Market Therapeutic Area Outlook (Revenue, USD Million , 2018-2030)
Cancer
Infectious Diseases
Autoimmune Diseases
Cardiovascular Diseases
Others
India Plasmid Dna Contract Manufacturing Market End User Outlook (Revenue, USD Million , 2018-2030)
Pharmaceutical and Biotechnology Companies
Research Institutes
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Horizon Databook provides a detailed overview of country-level data and insights on the India Plasmid DNA Contract Manufacturing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Plasmid DNA Contract Manufacturing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
India Plasmid Dna Contract Manufacturing Market, 2018-2030 (US$M)