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Expression vectors market is expected to experience growth due to factors such as rise in demand for biologics (protein -based drugs), increase in infectious diseases and genetic disorders. Expression vector is also called as expression construct. It is a plasmid or virus which is used in expression of protein in various types of host cells. The expression vector assists the gene of interest to introduce itself into target call and helps mechanism of cell to produce the protein which is encoded by the gene.Â
Expression vectors has characteristics such as origin of replication, selectable marker and site of insertion of gene. Applications of protein expression vectors are large scale production of human insulin and other protein -based products. Expression vectors are also used in molecular biology, genetics and computer science.
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicines supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine have witnessed dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunity for manufacturers of COVID-19 management drugs, as many developed countries are short of these drugs. Owing to the demand for vaccine and treatment drugs for COVID-19, the pharmaceutical and biotechnology industry is expected to witness a significant growth in the future. Considering these factors, Covid -19 is expected to have significant impact on Expression Vectors Market.
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Expression Vectors Market: Global Opportunity Analysis and Industry Forecast, 2019–2027 Report Highlights
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Key Market Players | GenScript USA, Sigma-Aldrich Corporation, Promega Corporation, Thermo Fisher Scientific, Merck Millipore, Clontech Laboratories, Inc., DNA2.0, Bio-Rad Laboratories, Agilent Technologies, New England Biolabs. |
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