The market for adeno-associated virus vector manufacturing market is projected to reach USD 1.1 billion in 2024, with a compound annual growth rate (CAGR) of 18.6% anticipated throughout the forecast period. The capacity to produce persistent gene expression and their non-pathogenic nature make these vectors special. The market is expanding rapidly due to the rise in pharmaceutical and biotechnology companies as well as increased healthcare spending on R&D.
Rising prevalence of carcinoma, increased use of technologically sophisticated viral vectors, and increased funding for R&D are all major factors propelling market expansion. The market is expanding due in large part to the expanding uses of AAV vectors in gene editing and central nervous system gene delivery respectively.

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Growth Drivers
The market is expanding as a result of the rising incidence of genetic disorders and the global aging population. The market is expanding due to technological developments and gene editing. Government assistance and finance constitute a big part of the market's expansion. The market is primarily driven by the rising demand for gene-based therapeutics and the increasing prevalence of genetic disorders.
The main drivers of the notable increase are rising healthcare costs and public health consciousness. The market is expanding due to rising demand for tissue engineering, targeted drug delivery, and vaccine development. Growing interest in gene therapy AAV vector engineering advancements Technological developments in production methods Collaborations and alliances between market participants The market is expanding significantly as a result of growing government financing for gene therapy research.
Segmentation
Therapeutic Area
· Hematological Diseases
· Infectious Diseases
· Genetic Disorders
· Neurological Disorders
· Ophthalmic Disorders
· Others
By Application
· Cell Therapy
· Gene Therapy
· Vaccine
By Operations
· Clinical
· Preclinical
· Commercial
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Europe
· Middle East and Africa
Key Players
· F. Hoffman-La Roche Ltd.
· Children’s Hospital of Philadelphia
· Takeda Pharmaceuticals
· Bayer AG
· Novartis AG
· Pfizer Inc.
· REGENXBIO
· Oxford Biomedical PLC
· Bluebird bio
· AAVexis
· UniQure
· Sanofi
· Singamo Therapeutics
· Other Players

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