South Africa Plasmid Dna Contract Manufacturing Market Size & Outlook
The plasmid dna contract manufacturing market in South Africa is expected to reach a projected revenue of US$ 8.7 million by 2030. A compound annual growth rate of 19.3% is expected of South Africa plasmid dna contract manufacturing market from 2024 to 2030.
South Africa plasmid dna contract manufacturing market highlights
The South Africa plasmid dna contract manufacturing market generated a revenue of USD 2.5 million in 2023 and is expected to reach USD 8.7 million by 2030.
The South Africa market is expected to grow at a CAGR of 19.3% 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 2.5 million
Market revenue in 2030
USD 8.7 million
Growth rate
19.3% (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, South Africa accounted for 0.8% 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 Middle East & Africa, South Africa plasmid dna contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 7.7 million by 2030.
Factors driving the market are the growing popularity of gene therapy and rising burden of cancer cases. For instance, according to data gathered from the Global Cancer Observatory database of the International Agency for Research on Cancer, in 2020, there were 711,429 cancer deaths and 1.1 million new cancer cases in Africa.
The major cancer subtypes in Africa, according to the researchers, were liver, breast, cervical, prostate, and colorectal. Egypt, Nigeria, and South Africa were among the nations with the highest mortality rate related to cancer in this period.
Recent advancements in sequencing technology along with developments in related domains, such as molecular biology, virology, cancer, & synthetic chemistry, have made it easier to advance gene therapies.
South Africa 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 60.0% in 2023.
Horizon Databook has segmented the South Africa plasmid dna contract manufacturing market based on cell & gene therapy, immunotherapy covering the revenue growth of each sub-segment from 2018 to 2030.
Factors driving the market are the growing popularity of gene therapy and rising burden of cancer cases. For instance, according to data gathered from the Global Cancer Observatory database of the International Agency for Research on Cancer, in 2020, there were 711,429 cancer deaths and 1.1 million new cancer cases in Africa.
The major cancer subtypes in Africa, according to the researchers, were liver, breast, cervical, prostate, and colorectal. Egypt, Nigeria, and South Africa were among the nations with the highest mortality rate related to cancer in this period.
Recent advancements in sequencing technology along with developments in related domains, such as molecular biology, virology, cancer, & synthetic chemistry, have made it easier to advance gene therapies.
South Africa Plasmid Dna Contract Manufacturing Market Application Outlook (Revenue, USD Million , 2018-2030)
Cell & Gene Therapy
Immunotherapy
Others
South Africa Plasmid Dna Contract Manufacturing Market Therapeutic Area Outlook (Revenue, USD Million , 2018-2030)
Cancer
Infectious Diseases
Autoimmune Diseases
Cardiovascular Diseases
Others
South Africa 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 South Africa Plasmid DNA Contract Manufacturing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Plasmid DNA Contract Manufacturing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Africa Plasmid Dna Contract Manufacturing Market, 2018-2030 (US$M)