Recombinant DNA Technology Market, by Product Type (Recombinant Protein Drugs, Vaccines, Genetically Modified Crops, Expression Systems, Cell and Gene Therapy and Gene Editing), by Application (Therapeutics, Agriculture and Research), and by Region - Global Industry Insights, and Forecast to 2025
- Report code : CMI1893 |
- Industry :
Biotechnology
- Published On : Apr 2018 |
- Pages : 183 Pages |
- Format :
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Recombinant DNA Technology Market – Power of Genetic Engineering in Improving Lives
Recombinant DNA (rDNA) technology is a novel technique which have led to the advances in a number of different fields such as drug development, agriculture and research. Recombinant DNA technology has introduced new classes of organism namely genetically modified organism (GMO) or living modified organism (LMO). It can develop genetically modified crops (BT cotton), cloned animals, bio pesticides, biofuel, and gene therapy successfully. rDNA technology has triggered the biopharmaceutical industries towards the development of various rDNA products such as CAR-T cell therapy and bispecific and monoclonal antibodies in turn favoring the growth of recombinant DNA technology market. Also, the gene editing system CRISPR holds a great potential for the development of vaccines and drugs, as they play a major role in stability and enhancement of immunity.
The global recombinant DNA technology market was valued at US$ 106.8 billion in 2017, and is expected to exhibit a robust CAGR of 7.9% over the forecast period (2017 – 2025).
Figure 1. Global Recombinant DNA Technology Market Value (US$ Bn), by Region, 2017
Source: Coherent Market Insights (2018)
Increasing technological advancements facilitating the production of novel products is expected to drive growth of the market
The tremendous advancements combined with wide range of applications to treat life threatening human diseases such as cancer, diabetes and infectious diseases are expected to be the major factors augmenting the market growth. According to the Global Diabetes Community, 2017, an estimated 422 million adults are suffering from diabetes worldwide, where the number is expected to escalate to 642 million by 2040. Also, according to the World Health Organization (WHO), an estimated 1.5 million deaths were directly caused by diabetes and another 2.2 million deaths were attributable to hyperglycemia or high blood glucose levels. Advancement in recombinant technologies have facilitated the development of long-acting therapeutic proteins for drug development as well as introduced gene therapy, which is a novel molecular medicine, thus supporting the growth of recombinant DNA technology market by creating a positive impact in the treatment of genetic diseases. Moreover, the novel gene editing tool- CRISPR, can be used to target destruction of abnormal genes in human cells and has provided scientists a powerful way to make precise changes to DNA of microbes, plants, mice, dogs and human cells.
Recombinant DNA technology has also introduced high yielding, insect and heat resistance crop varieties such as such as soyabean, cotton, rice, maize, which require limited the use of herbicide, thus lowering the cost of agriculture. rDNA technology was also applied to create vitamin A-enriched (golden) rice to curb the widely prevalent diseases such as Vitamin A deficiency (VAD), thus proving to be a breakthrough to fight against malnutrition. According to the Golden Rice Humanitarian Board, 2016, VAD has affected over 140 million pre-school children in 118 countries and more than seven million pregnant women. It is a leading cause of child blindness in emerging economies.
However, high cost and adverse effects associated with the gene therapies such as Cytokine Release Syndrome (CRS) or Neurological Toxicities are the factors restraining the market growth. According to the survey by CNBC LLC, January 2018, the initial treatment cost of for the two approved CAR-T cell therapies developed by Novartis AG and Gilead Sciences is around US$ 475,000 and US $ 373,000 per patient respectively.
Increasing R&D initiatives and rise in strategic collaborations among market players to accelerate the recombinant DNA technology market growth
The major manufacturers are involved in strategic collaborations with leading biopharmaceutical companies and research institutes for the development of novel therapeutics based on recombinant DNA technologies. Such strategic collaborations in market are expected to create conducive environment for growth of the global recombinant DNA technology market in the near future. For instance, in August, 2017, Sanofi Pasteur acquired Protein Sciences, with a strategy to add a promising product to its vaccine portfolio- Flublok (Influenza Vaccine), which is the only U.S. Food and Drug Administration (FDA) approved recombinant protein-based influenza vaccine. In 2014, Pfizer, Inc. and the Massachusetts Institute of Technology (MIT) collaborated to advance drug discovery and development technologies through recombinant DNA technology to transform the treatment of various diseases.
Moreover, the research organizations are launching initiatives and providing research grants for the development of novel therapeutics, which is expected to propel growth of the recombinant DNA technology market over the forecast period. For instance, in March 2017, the University of Pennsylvania received US$ 16.3 million grants from the National Institute of Allergy and Infectious Diseases (NIAID) to develop a recombinant DNA technology-based HIV vaccine. In 2015, Translational Genomics Research Institute (TGen) and Baylor Research Institute (BRI) collaborated to focus on accelerating early detection and treatments for patients by developing personalized vaccines for a wide range of conditions such as infectious disease, cardiovascular, diabetes, neurology, and metabolic diseases. Also, in 2015, the National Academy of Sciences and the National Academy of Medicine launched a major initiative to guide new research involving human gene editing technologies, such as CRISPR-Cas9, which could lead to the emergence of promising new treatments for disease.
Major players operating in the global recombinant DNA technology market are Thermo Fisher Scientific, Inc., Biogen, Inc., Sanofi Pasteur, Merck & Co., Inc., Pfizer, Inc., Profacgen, Amgen, Inc., and Monsanto Company.
Recombinant DNA technology has allowed the transfer of desired characteristics which is useful to improve the existing systems by controlling expression of target genes. Recombinant DNA technology allows mass production of therapeutic proteins, which are characterized by high level of consistency and stability. The technology has multidisciplinary applications and potential to deal with important aspects of life, for instance, improving health, and enhancing food resources. The genetically modified plants have augmented resistance to viruses and insect attacks, enhanced product yield, and shown increased adaptability for better survival.
Market Dynamics
Rapid technological advancements in the field of genetic engineering to deliver highly efficient therapeutics for disease management and in the field of agriculture are major driving factors for growth of recombinant DNA technology market. For instance, Bac-to-Bac Baculovirus Expression Systems offers a quick and efficient method to produce recombinant baculovirus and can express the desired genes in insect cells and provide high yields of recombinant protein that speeds up the cloning reaction as compared to the time-consuming restriction enzyme cloning, which takes 2–3 days. Also, in 2016, a BioAg Alliance was formed between Monsanto and Novozymes A/S, to improve crop harvests by using products containing naturally-occurring microbes to boost agricultural productivity and expand its product portfolio. However, the adoption of non-biologic therapeutics and higher complexity of the genetically engineered products such as stability of the cell lines, requirement of skilled professionals, and optimum temperature are the factors hindering the market growth.
Key features of the study:
- This report provides in-depth analysis of recombinant DNA technology market and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global recombinant DNA technology market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, and strategies, and future plans
- Key companies covered as a part of this study include Thermo Fisher Scientific, Inc., Biogen, Inc., Sanofi Pasteur, Merck & Co., Inc., Pfizer, Inc., Profacgen, Amgen, Inc., and Monsanto Company
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
- The global recombinant DNA technology market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the recombinant DNA technology market
Detailed Segmentation:
- Global Recombinant DNA Technology Market, By Product Type:
- Recombinant Protein Drugs
- Insulin
- Human Growth Hormone
- Erythropoietin
- Interferon
- Blood Factors
- Colony Stimulating Factors
- Fusion Proteins
- Others
- Vaccines
- Genetically Modified Crops
- Expression Systems
- Prokaryotic Cells
- Mammalian Cells
- Yeats
- Insect
- Others
- Cell and Gene Therapy
- Gene Editing
- Global Recombinant DNA Technology Market, By Application:
- Therapeutics
- Agriculture
- Research
- Global Recombinant DNA Technology Market, By Geography:
- North America
- By Product Type:
- Recombinant Protein Drugs
- Insulin
- Human Growth Hormone
- Erythropoietin
- Interferon
- Blood Factors
- Colony Stimulating Factors
- Fusion Proteins
- Others
- Vaccines
- Genetically Modified Crops
- Expression Systems
- Prokaryotic Cells
- Mammalian Cells
- Yeats
- Insect
- Others
- Cell and Gene Therapy
- Gene Editing
- By Application:
- Therapeutics
- Agriculture
- Research
- By Country:
- U.S.
- Canada
- Latin America
- By Product Type:
- Recombinant Protein Drugs
- Insulin
- Human Growth Hormone
- Erythropoietin
- Interferon
- Blood Factors
- Colony Stimulating Factors
- Fusion Proteins
- Others
- Vaccines
- Genetically Modified Crops
- Expression Systems
- Prokaryotic Cells
- Mammalian Cells
- Yeats
- Insect
- Others
- Cell and Gene Therapy
- Gene Editing
- By Application:
- Therapeutics
- Agriculture
- Research
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Product Type:
- Recombinant Protein Drugs
- Insulin
- Human Growth Hormone
- Erythropoietin
- Interferon
- Blood Factors
- Colony Stimulating Factors
- Fusion Proteins
- Others
- Vaccines
- Genetically Modified Crops
- Expression Systems
- Prokaryotic Cells
- Mammalian Cells
- Yeats
- Insect
- Others
- Cell and Gene Therapy
- Gene Editing
- By Application:
- Therapeutics
- Agriculture
- Research
- By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Product Type:
- Recombinant Protein Drugs
- Insulin
- Human Growth Hormone
- Erythropoietin
- Interferon
- Blood Factors
- Colony Stimulating Factors
- Fusion Proteins
- Others
- Vaccines
- Genetically Modified Crops
- Expression Systems
- Prokaryotic Cells
- Mammalian Cells
- Yeats
- Insect
- Others
- Cell and Gene Therapy
- Gene Editing
- By Application:
- Therapeutics
- Agriculture
- Research
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Product Type:
- Recombinant Protein Drugs
- Insulin
- Human Growth Hormone
- Erythropoietin
- Interferon
- Blood Factors
- Colony Stimulating Factors
- Fusion Proteins
- Others
- Vaccines
- Genetically Modified Crops
- Expression Systems
- Prokaryotic Cells
- Mammalian Cells
- Yeats
- Insect
- Others
- Cell and Gene Therapy
- Gene Editing
- By Application:
- Therapeutics
- Agriculture
- Research
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Product Type:
- Recombinant Protein Drugs
- Insulin
- Human Growth Hormone
- Erythropoietin
- Interferon
- Blood Factors
- Colony Stimulating Factors
- Fusion Proteins
- Others
- Vaccines
- Genetically Modified Crops
- Expression Systems
- Prokaryotic Cells
- Mammalian Cells
- Yeats
- Insect
- Others
- Cell and Gene Therapy
- Gene Editing
- By Application:
- Therapeutics
- Agriculture
- Research
- By Country:
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Thermo Fisher Scientific, Inc.*
- Company Overview
- Product Portfolio
- Key Developments
- Financial Overview
- Market Strategies
- Biogen, Inc.
- Sanofi Pasteur
- Merck & Co., Inc.
- Pfizer, Inc.
- Profacgen
- Amgen, Inc.
- Monsanto Company
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Industry Trends
- Regulatory Scenario
- Key Highlights
- PEST Analysis
- Epidemiology
- Impact Analysis
- PORTER’s Analysis
- Global Recombinant DNA Technology Market, By Product Type, 2015 – 2025, (US$ Billion)
- Introduction
- Market Share Analysis, 2015 and 2025 (%)
- Y-o-Y Growth Analysis, 2016 – 2025
- Segment Trends
- Recombinant Protein Drugs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Billion)
- Segment Trends
- Insulin
- Human Growth Hormone
- Erythropoietin
- Interferon
- Blood Factors
- Colony Stimulating Factors
- Fusion Proteins
- Others
- Vaccines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Billion)
- Genetically Modified Crops
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Billion)
- Expression Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Billion)
- Segment Trends
- Prokaryotic Cells
- Mammalian Cells
- Yeats
- Insect
- Others
- Cell and Gene Therapy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Billion)
- Gene Editing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Billion)
- Global Recombinant DNA Technology Market, By Application, 2015 – 2025, (US$ Billion)
- Introduction
- Market Share Analysis, 2015 and 2025 (%)
- Y-o-Y Growth Analysis, 2016–2025
- Segment Trends
- Therapeutics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Billion)
- Agriculture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Billion)
- Research
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015 – 2025, (US$ Billion)
- Global Recombinant DNA Technology Market, By Region, 2015 – 2025, (US$ Billion)
- Introduction
- Market Share Analysis, By Region, 2015 and 2025 (%)
- Y-o-Y Growth Analysis, For Regions, 2016–2025
- North America
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Application, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Billion)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Application, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Billion)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Application, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Billion)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Application, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Billion)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of APAC
- Middle East
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Application, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Billion)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Application, 2015 – 2025, (US$ Billion)
- Market Size and Forecast, By Country, 2015 – 2025, (US$ Billion)
- South Africa
- Central Africa
- North Africa
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Thermo Fisher Scientific, Inc.*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overviews
- Market Strategies
- Biogen, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overviews
- Market Strategies
- Sanofi Pasteur
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overviews
- Market Strategies
- Merck & Co., Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overviews
- Market Strategies
- Pfizer, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overviews
- Market Strategies
- Profacgen
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overviews
- Market Strategies
- Amgen, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overviews
- Market Strategies
- Monsanto Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overviews
- Market Strategies
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse 38 market data tables and 26 figures on "Recombinant DNA Technology Market - Global forecast to 2025”.
Research Methodology
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
- Primary Research (Trade Surveys and Experts Interviews)
- Desk Research
- Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
- National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
- Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
- Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
- Trade association, National and international media and trade press.
- Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
- Scientific journals, and other technical magazines and whitepapers.
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Data Standardization:
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
- Micro-economic indicators
- Macro-economic indicators
- Environmental indicators
- Socio-political indicators
- Technology indicators
Data Processing
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
Data Validation
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
- It provides first-hand information on the market dynamics, outlook, and growth parameters.
- Industry experts validates the estimates which helps the company to cement the on-going research study.
- Primary research includes online surveys, face-to face interviews, and telephonic interviews.
The primary research is conducted with the ecosystem players including, but not limited to:
- Raw Material Suppliers
- Manufacturers
- System Integrators
- Distributors
- End-users
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