Baculovirus Expression System Market projected to reach USD 522.7 Million by 2030, growing at a CAGR of 7.5% during the forecast period of 2023-2030 - pronounced by MarketDigits in its recent study

The Global Baculovirus Expression System Market was valued USD 315.3 Million in 2023 and projected to reach USD 522.7 Million by 2030, growing at a CAGR of 7.5% during the forecast period of 2023-2030


Richmond, March 05, 2024 (GLOBE NEWSWIRE) -- According to a research report "Baculovirus Expression System Market”, by Product Type (Baculovirus, Expression Vector, Reagents, and Others), Application (Therapeutics, Vaccines, Protein Purification, and Others), End User (Biopharmaceutical Companies, Research Institutes, and Other) and Region - Global Forecast to 2030.

Global Baculovirus Expression System Market Report Scope:

Report Details
Market size value in 2023 USD 315.3 Million
Market size value in 2030 USD 522.7 Million
CAGR (2023-2030) 7.5%
Forecast Period 2023–2030
Historic Data 2019
Forecast Units Value (USD Million/USD Billion)
Segments Covered Product Type, Application, End User and Region
Geographies Covered North America, Europe, Asia Pacific, and RoW
 
  • Bio-Rad Laboratories, Inc.
 
  • Genscript Biotech Corporation
Sample of Companies Covered
  • Merck KGaA
 
  • New England Biolabs
 
  • Oxford Expression Technologies

Download the Sample - https://www.marketdigits.com/request/sample/4549

TOC Covers in Depth & Breath on Baculovirus Expression System Market
170 - Market Data Tables
65 - List of Figures
225 – Pages

The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Developments, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional FootPrint by MarketDigits.

Market Overview

The Baculovirus Expression System market is growing due to several key drivers. Firstly, its efficiency in protein expression makes it a preferred choice, ensuring optimal yields in laboratory research and industrial production. Secondly, Baculovirus-infected insect cells create a native-like environment for protein folding, crucial for applications requiring proper conformation and functionality. Scalability is another major driver, allowing protein production on both small and large scales. The market's versatility enhances its appeal, accommodating a range of applications. As biopharmaceutical research increases, the system's adaptability becomes instrumental.  Market opportunities are abundant, especially in vaccine development where the system proves valuable for expressing viral antigens. Additionally, there are prospects in gene therapy, viral vectors, and customized protein production, meeting the growing demand for specialized proteins. The market's potential extends to emerging markets and is further fueled by continuous technological advancements, making Baculovirus Expression Systems a vital tool in gene expression, with improved recombination efficiency and ease of use.

Major Vendors in the Global Baculovirus Expression System Market:

  • Bio-Rad Laboratories, Inc.
  • Genscript Biotech Corporation
  • Merck KGaA
  • New England Biolabs
  • Oxford Expression Technologies
  • Promega Corporation
  • QIAGEN
  • Sartorius AG
  • Syngene International Limited
  • Takara Bio
  • Thermo Fisher Scientific

Request for Discount @ https://www.marketdigits.com/request/discount/4549

Efficient Protein Expression

Efficient Protein Expression is a key driver for the Baculovirus Expression System (BEVS) market. Traditionally reliant on in vivo recombination events, BEVS has evolved to enhance recombination efficiency, crucial for protein production. Initially featuring a low recombination efficiency (0.1–2% foreground), advancements such as linearizing the AcMNPV genome and liposome-mediated transfection significantly increased efficiency to >50%, ensuring optimal protein expression. "Blue" screening vectors and the development of replication-deficient baculoviruses further contributed to ease of use. The introduction of "deleted" baculoviruses achieved a remarkable 99% foreground efficiency, representing a significant leap in BEVS usability. Technological innovations like bacterial artificial chromosomes (BACs) and yeast artificial chromosomes (YACs) reduced the time required for generating recombinant baculoviruses. Ultimately, linearization of AcMNPV DNA emerged as the most utilized method, streamlining the two-step process for constructing a baculovirus shuttle vector and producing recombinant viruses with increased efficiency.

Market Dynamics

Drivers:

  • Efficient Protein Expression
  • Protein Folding and Functionality
  • Baculovirus Expression Systems Offer Scalability
  • Increasing Biopharmaceutical Research

Opportunities:

  • Growing demand for Vaccine Development
  • Gene Therapy and Viral Vectors
  • Demand for Customized Protein Production
  • Global Expansion of Biotechnology and Pharmaceutical Industries

Growing Demand for Vaccine Development

The growing demand for vaccine development presents a significant opportunity for the Baculovirus Expression System (BEVS) market. BEVS has been instrumental in the development of various vaccines currently in clinical trials. LigoCyte and Baylor College of Medicine are conducting clinical trials for a Norovirus vaccine, demonstrating a substantial increase in specific antibody levels. Meridian Life Science is advancing a Parvovirus B19 vaccine through clinical trials, showcasing promising results in antibody production. Novavax's BEVS-based vaccines for the Ebola virus, human respiratory syncytial virus (RSV), seasonal influenza (NanoFlu), and H1N1 influenza are progressing through clinical phases, emphasizing the system's versatility. The BEVS enables the production of adeno-associated virus (AAV) vaccines, simplifying vector production. Novavax's ChAd63-MVA ME-TRAP vaccine for malaria has shown positive results in a phase I clinical study. The BEVS platform is also contributing to preclinical vaccines for various diseases, including Zika virus, yellow fever, West Nile virus, Dengue fever, and SARS-CoV-2 variants. Despite limitations, ongoing improvements in the BEVS platform position it as a competitive and cost-effective solution for vaccine development, promising continued growth and applications in the future.

North America dominates the market for baculovirus expression system.

In North America, the United States and Canada play pivotal roles in propelling the growth of the Baculovirus Expression System (BEVS) market. This is mainly due to the robust biotechnology and pharmaceutical industry in the region. The market is further stimulated by substantial investments in research and development, coupled with a dedicated focus on biopharmaceutical production, collectively contributing to the expansion of the BEVS market. In Europe, significant contributions to the BEVS market are anticipated from countries such as Germany, the United Kingdom, and France. The presence of major pharmaceutical entities and an increasing emphasis on biologics production serve to enhance the overall prospects of the market in the European region.

In Asia-Pacific, notably in China, Japan, and India, these regions are emerging as pivotal players in the BEVS market. The growth is propelled by escalating biopharmaceutical research activities, expanding healthcare infrastructure, and supportive initiatives from governments, collectively fostering market development in the Asia-Pacific region.

Inquire Before Buying: https://www.marketdigits.com/request/enquiry-before-buying/4549

The Expression Vector Segments is anticipated to hold the Largest Market Share during the Forecast Period

In the global Baculovirus Expression System market, the Product type segment comprises various categories such as Baculovirus, Expression Vector, Reagents, and Others. In the Baculovirus Expression System Market, an expression vector refers to a designed plasmid or virus utilized for gene expression in cells. This vector introduces a specific gene into a target cell, leveraging the cell's protein synthesis machinery to produce the encoded protein. Engineered with regulatory sequences, including enhancer and promoter regions, the expression vector ensures efficient transcription of the carried gene. Well-designed vectors aim for optimal protein production by generating stable messenger RNA, translating into proteins. In this system, Baculovirus acts as the expression vector, infecting insect cells. The vector, known as bacmid, is controlled by a robust promoter. Typically used for glycoprotein production, Baculovirus offers safety benefits and a limited host range. This system plays a vital role in the Baculovirus Expression System Market, contributing to the production of various proteins, including pharmaceuticals and biotherapeutics.

Segmentations Analysis of Baculovirus Expression System Market: -

  • By Product Type
    • Baculovirus
    • Expression Vector
    • Reagents
    • Others
  • By Application
    • Therapeutics
    • Vaccines
    • Protein Purification
    • Others
  • By End User
    • Biopharmaceutical Companies
    • Research Institutes
    • Other
  • By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa

Direct Order Can Be Placed Through This Link and Get 25% Discount on Premium Report: https://www.marketdigits.com/checkout/4549?lic=s

Browse Similar Reports:

Research Antibodies and Reagents Market 2023 – 2030 By Technology (Western blot, Flow Cytometry, ELISA), Application (Proteomics, Genomics), End User (Pharma, Biotech, CROs), Product (Antibodies (Type, Form, Source, Research Area), Reagents) - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits

Protein Labeling Market 2023 – 2030 by Application (Cell-Based Assay, Fluorescence Microscopy, Immunological Technique), Product (Reagents, Kits, & Services), Labeling Method (In Vitro Labeling, In Vivo Labeling), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits

Lipase Testing Reagents Market 2030 By Type, Distribution Channel, End-user and Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits

About MarketDigits:

MarketDigits is one of the leading business research and consulting companies that helps clients to tap new and emerging opportunities and revenue areas, thereby assisting them in operational and strategic decision-making. We at MarketDigits believe that a market is a small place and an interface between the supplier and the consumer, thus our focus remains mainly on business research that includes the entire value chain and not only the markets.

We offer services that are most relevant and beneficial to the users, which help businesses to sustain themselves in this competitive market. Our detailed and in-depth analysis of the markets catering to strategic, tactical, and operational data analysis & reporting needs of various industries utilize advanced technology so that our clients get better insights into the markets and identify lucrative opportunities and areas of incremental revenues.

Contact Us:
MarketDigits
1248 CarMia Way Richmond,
VA 23235,
United States.
USA: +1 847 450 0808
Email: sales@marketdigits.com
Web: https://www.marketdigits.com
Follow Us on: | Twitter | LinkedIn |