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The global viral vector manufacturing market was valued at USD 2.6 billion in 2023, with Latin America holding a significant market share. It is expected to grow at a CAGR of 19.74% during the forecast period of 2024-2032 and attain a market value of USD 13.5 billion by 2032, driven by the increasing awareness about gene therapy across the region.
Latin America Viral Vector Manufacturing Market Size
Latin America Viral Vector Manufacturing Market Analysis
Latin America Viral Vector Manufacturing Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The Latin America viral vector manufacturing market is expected to be driven by the rising demand for global market, which is anticipated to grow at a CAGR of 19.7% during the forecast period of 2025-2034 and is likely to reach a market value of USD 8.1 billion by 2034.
The market is driven by the increasing awareness of biotechnology and gene therapy for the treatment of several diseases.
The market growth is influenced by increasing collaboration and partnerships in the region. For instance, in March 2024, Caring Cross and Fiocruz collaborated to improve access to cell and gene therapies in the region.
Various types include adenoviral vectors, adeno-associated viral (AAV) vectors, lentiviral vectors, retroviral vectors, and others.
Viral vector manufacturing has applications in gene therapy, cell therapy, and vaccines.
Therapeutic areas include oncological disorders, neurological disorders, metabolic disorders, immunological disorders, and others.
End users in the market include research organizations, biotech and pharmaceutical companies, and others.
The market segmentation by countries includes Brazil, Argentina, Mexico, and others.
The key players in the market are Lonza Group AG, Merck KGaA, Thermo Fisher Scientific Inc., Catalent, Inc., Danaher Corporation, Sartorius AG, Fujifilm Group, Novartis AG, Charles River Laboratories, and Laboratorios Liomont.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124